Tetra images | Getty Images J.P. Morgan Chase is expanding benefits to help employees pay for fertility treatments and surrogacy services, according to an internal memo obtained by CNBC. Employees in the U.S. without a medical diagnosis of infertility can now have up to $30,000 of treatments including in vitro fertilization covered, according to the
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A scene from Netflix’s miniseries “Chernobyl”. Source: Netflix We may be living in troubled times, but if you think that means that television shows with distressing subject matter would have trouble finding an audience, think again. Programming that traffics in gloom and doom, such as HBO’s “Chernobyl,” is resonating with large numbers of people, many
Goodbye study sessions, dorm food and lecture halls. Real life awaits. For Jessica Granofsky, 23, however, that means moving back home. Granofsky graduated from college last year and now works full time as a communications coordinator in the Toronto office of a San Francisco-based start-up. Although she says she earns a good salary and even
A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. Drew Angerer | Getty Images Three weeks ago, we had a few of our worst days relative to the market in many months. How bad is very bad? To put this
James Bianco is out with a bullish call that could send stocks flying. The market researcher predicts the Federal Reserve will cut rates not once, not twice — but multiple times starting in July. His chief reason: Inflation is non-existent. “Inflation is surprising them to the downside consistently, and the market is telling them that
Image Source | Getty Images Dietary advice seems to change every decade. Fat is bad, then suddenly it’s good again. Nowadays, for many people, carbs are the enemy. But it turns out that healthy dietary guidelines can’t be boiled down into simple rules. A new crop of studies, which leverage the latest health testing and
When a bill to improve Americans’ retirement security sailed through the House of Representatives last month, it looked like the country was on the brink of the first major retirement reform since 2006. Then the bill went to the Senate. Weeks later, it still has not come up for a vote. Known as the Secure
Carson Block Anjali Sundaram | CNBC Investors shouldn’t get their hopes up for the U.S. and China to make any progress on the trade front at the G-20 summit next week, short-seller Carson Block said on Friday. “I don’t think we’re going to have any rapprochement here. The Chinese media seems to be digging in
Gas prices at the pump should rise for east coast drivers, after a massive explosion Friday affected operations at a Philadelphia refining complex responsible for as much as 27% of east coast fuel production But how much prices jump depends on the extent of damage and the length of the outage. For now, analysts are
A Toys R Us Inc. retail store in Frederick, Maryland, U.S., on Monday, April 16, 2018. Andrew Harrer | Bloomberg | Getty Images Defunct children’s retail chain Toys R Us will open new stores later this year, according to Bloomberg. The company liquidated its assets last year after entering bankruptcy in September 2017. The company
Saving for retirement. Everyone knows they need to do it, but it can be hard to put away all that money when you could be spending it now. You are in a race against time and the later you start, the harder it will be to catch up. To that end, Fidelity has put together
John Gress | Corbis | Getty Images Traders in the fed funds futures market made bets in record numbers this week, with the bulk of the money looking for the central bank to cut interest rates aggressively in the months ahead. Trading volume soared to 1,293,459 million contracts Wednesday, the same day the Federal Open
Hero Images | Getty Images Brits under the age of 30 are spending less for “fun” than they did in 2001, according to researchers. A report published Thursday Resolution Foundation, a U.K.-based think tank, found that young adults’ real-terms spending on non-essentials dropped by 7% between 2001 and 2018. Meanwhile, 50 to 64-year-olds’ leisure spending
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE). Drew Angerer | Getty Images Check out the companies making headlines midday Friday: Korn Ferry — Shares of Korn Ferry sank more than 17% on disappointing fourth-quarter results. The consulting firm reported a revenue of $491
Jim Cramer on “Mad Money.” Scott Mlyn | CNBC The Federal Reserve likely wants to see June’s nonfarm payrolls report and any U.S.-China trade developments from this month’s G-20 meeting before making a commitment on cutting interest rates, CNBC’s Jim Cramer said Friday. The central bank voted Wednesday to keep its benchmark interest rate unchanged.
mapodile | E+ | Getty Images Gig economy workers could get short changed when it comes to their Social Security checks in retirement. The growing ranks of people who earn money on apps like Uber, Airbnb and Task Rabbit are more likely than traditional employees to misreport their income. That could mean a smaller Social
In some key ways, the Donald Trump economy, on fire last year but slowing this year, is starting to resemble the one he inherited from his predecessor . There are the rock-bottom bond yields, plodding economic growth and, not to be understated, the Federal Reserve seemingly pulling all the strings, a role that was only
A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE
An Olive Garden restaurant in Laguna Hills, California Scott Mlyn | CNBC Shares of Darden Restaurants slid nearly 4% in Thursday morning after its earnings report showed that declining traffic to Olive Garden, its top chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter. The restaurant company’s stock, which has a market value of
Italian prime minister Giuseppe Conte told CNBC he was optimistic about the possibility that the European Commission would not pursue an excessive deficit procedure (EDP) – against his government for the continued high levels of Italian sovereign debt. Italy wrote a letter to the EU’s executive branch earlier this week insisting that Rome would respect
Senator and presidential candidate Elizabeth Warren Barry Chin | Boston Globe | Getty Images Sen. Elizabeth Warren (D-Mass.) reintroduced a bill that would allow married same-sex couples to file joint amended federal tax returns and collect refunds for as long as they have been married. In a key 2013 case, U.S. v. Windsor, the U.S.
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters One of Wall Street’s most vocal and longest critics of Goldman Sachs has changed his tune and now recommends investors buy the company’s stock, saying its investment
tommasolizzul | iStock | Getty Images The number of Americans prepared to meet their basic expenses in retirement has drastically declined in the last 20 years, according to research published by Boston College. This study confirms, at least to some degree, that it’s not only the millennial generation that has difficulty knowing when to cut
Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, January 30, 2019. Leah Millis | Reuters The road to the Fed’s official policy pivot this week to lower interest rates began in early May, with a tweet. President Donald Trump tweeted on May
The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Carnival cut its profit forecast for the year on Thursday due to the Trump administration’s sudden ban on cruises to Cuba and higher expenses related itinerary changes for one of its ships. Shares
Mark Hurd, CEO of Oracle, in an interview on January 20, 2016. Adam Jeffery | CNBC | Getty Images Oracle shares rose more than 8% and closed at a record on Thursday after the software maker reported better-than-expected earnings. The stock had its best day in almost exactly two years, closing at $56.99 and helping
Julie Thurston | Getty Images Lawmakers are taking steps to renew a package of tax breaks, potentially making a slew of expired deductions available once more. The so-called tax extenders are a series of temporary provisions in the code that have expired and must be cleared by Congress retroactively each year in order for filers
Federal Reserve Board Chairman Jerome Powell speaks during a press conference after the Fed announced interest rates would remain unchanged, in Washington, DC, January 30, 2019. Saul Loeb | AFP | Getty Images Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called Libra that the
The meeting between U.S. President Donald Trump and China President Xi Jinping at next week’s G-20 summit could sway the Federal Reserve at its next meeting, said the chief economist and head of research for Asia Pacific at ING, Rob Carnell. The U.S. central bank held interest rates steady on Wednesday and indicated that no
Google CEO Sundar Pichai speaks during Digital Unlocked Google event at Taj palace on Jan. 4, 2017, in New Delhi, India. Pradeep Gaur | Mint | Getty Images In the race among tech companies to bring their voice recognition technology into the realm of personal medicine, Google is the furthest along, according to a study