For some Medicare beneficiaries, the pandemic means worrying about more than just their increased health risk from Covid-19. It also raises the specter of large, unexpected medical expenses. Medicare, the government health insurance program that you generally qualify for at age 65, comes with costs that can surprise beneficiaries. And as the pandemic continues rumbling
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Coronavirus relief talks are set to resume Tuesday after “productive” efforts to strike a deal left Democrats and Republicans with with outstanding sticking points. On Monday, President Donald Trump urged Americans to stay “vigilant” against the coronavirus as U.S. officials begin to see new “flare-ups,” including in states like Georgia, Mississippi, Tennessee, Oklahoma and Missouri. Trump also presented a
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Virgin Galactic Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel, giving a first look on Monday of the coming vehicle’s design. Supersonic travel is a long-term bet for Virgin Galactic, which has been developing reusable spacecraft capable of sending people on short trips to the
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The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Shares of DiamondPeak Holdings, a special purpose acquisition company, jumped more than 20% during premarket trading on Monday after the company announced that it will
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Adam Jeffery | CNBC Clorox named its president and longtime executive, Linda Rendle, as chief executive officer on Monday as it beat estimates for quarterly results on the back of rising spending on disinfectant and other cleaning products due to the Covid-19 pandemic. Sales of makers of hygiene products, including Procter & Gamble and England’s Reckitt
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Russian President Vladimir Putin chairs a meeting on the situation with the spread of the COVID-19 coronavirus, including the development of vaccines, via a teleconference call at the Novo-Ogaryovo state residence outside Moscow on April 7, 2020. Alexey Druzhinin | Sputnik | AFP via Getty Images Russia is preparing to start a mass vaccination campaign
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Getty Images A majority of companies has now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented
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Fiat Chrysler Automobiles assembly workers produce protective masks, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim near Belo Horizonte, Brazil, May 20, 2020. Washington Alves | Reuters Fiat Chrysler said Friday it lost $1.24 billion (1.05 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its
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The coronavirus pandemic has highlighted the need for emergency preparedness, including with your money. Half of U.S. households lost income due to the economic fallout of the coronavirus pandemic, according to a recent Bankrate survey of over 3,700 Americans conducted in June. That’s why it’s critical to have an emergency financial aid kit, said Winne Sun, managing
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Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims. John Sommers II Individuals receiving unemployment benefits this year could face a tax surprise in 2021: owing Uncle Sam or receiving smaller refunds. Some 1.43 million people filed for unemployment last week, according to the
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Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., spearheads the nation’s largest bank – serving almost half of U.S. households with $3.2 trillion in assets and managing over 250,000 employees across the world. And like many successful executives – from Amazon CEO Jeff Bezos to Tesla and SpaceX CEO Elon Musk – Dimon starts his day with a routine.  After
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Budrul Chukrut | SOPA Images | Getty Images Pharmaceutical giant Merck beat Wall Street expectations in the second quarter and raised its overall earnings guidance for the year, saying Friday that the worst of the coronavirus pandemic is behind it.  The company, which is racing to develop two potential vaccines as well as a treatment to fight
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