Month: December 2020

Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus interest, to about 2,300 customers who are saving money in 529 plans, the Financial Industry
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MARK RALSTON | AFP | Getty Images There’s a chance that at least a couple of people will end 2020 far wealthier than most of us. With no ticket matching all six numbers drawn Tuesday in Mega Millions, the jackpot has jumped to $401 million for Friday night’s drawing. Powerball’s top prize isn’t far behind,
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CDC headquarters in Atlanta Elijah Nouvelage | Bloomberg via Getty Images Officials from the Centers for Disease Control and Prevention said Wednesday that a new strain of Covid-19 now circulating in the U.S. could further stress hospitals that are already overwhelmed with coronavirus patients. Colorado health officials announced Tuesday that they detected the first known
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Robert Herjavec has an end-of-year ritual that sets him up for success: organizing his calendar for the whole next year, Herjavec previously told CNBC Make It. “I live and die by my calendar,” Herjavec, investor on ABC’s “Shark Tank” and CEO of cybersecurity firm the Herjavec Group, said in December 2017. “[It] allows me to manage
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US President-Elect Joe Biden talks to reporters after delivering remarks, before the holiday, at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images President-elect Joe Biden on Tuesday criticized the Trump administration’s effort to distribute and administer Covid vaccine shots, saying that the administration has failed to meet
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SINGAPORE — The increasing regulatory scrutiny of Alibaba-affiliate and financial technology powerhouse Ant Group could be bad for the Chinese economy as well as China’s financial technology sector, says Andrew Collier, managing director of Orient Capital Research. The highly-anticipated listing of Chinese tech giant Ant Group — which was set to be the world’s largest
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Combining elements of Asian and Western culture. 88rising is a young entertainment company hoping to build a lasting, global brand that will outlive singular moments of virality. With influential artists like Rich Chigga and joji generating millions of views for the network, the next question for founder Sean Miyashiro and his team is how to
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aluxum | E+ | Getty Images Sustainable investing incorporates environmental, social and governance considerations. But how exactly do these factors fit into the analytical process, and how do they add value? CNBC consulted with several experts to find out. In general terms, “we look at a company’s business models and where they operate geographically and
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Volunteers from Forgotten Harvest food bank at a mobile pantry distribution before Christmas in Warren, Michigan, on Dec. 21, 2020. Emily Elconin | Reuters President Donald Trump signed the $900 billion coronavirus relief bill on Sunday, solidifying another round of aid to Americans. Still, millions of families are staring down a gap in benefits that
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