Hot gambling stock DraftKings falls 7% after company reports larger loss than expected
DraftKings sank more than 7% on Friday after it said its loss for the second quarter widened despite stronger revenues.
DraftKings sank more than 7% on Friday after it said its loss for the second quarter widened despite stronger revenues.
Even with millions of Americans desperate for aid, Congress has failed to reach a deal on a second stimulus package. Negotiations might drag on until September.
DraftKings sank more than 6% on Friday after it said its loss for the second quarter widened despite stronger revenues.
While such rebates generally are issued yearly, the 2020 aggregate amount is anticipated to be $2 billion — about twice what it was last year. This is in addition to any reduced premiums, waived copays or other actions taken by some insurers that reduce what policyholders pay out of pocket.
Small businesses that took a forgivable loan through the Paycheck Protection Program and who also took an emergency grant through the Economic Injury Disaster Loan program will see a reduction in their PPP forgiveness.
The Fat Radish will shutter its doors forever, joining the scores of New York restaurants that have decided to close permanently.
President Donald Trump tweeted on Friday that he's ready to send more money to Americans who are hurting now. But Congress is no longer in session. Now, Americans may have to wait weeks before new payments on stimulus checks and other help is authorized.
As Congress and regulators work toward making temporary telehealth expansions a standard part of Medicare, patient advocates are hoping they don't move too quickly.
U.S. investors have invested more than $4 trillion in ETFs. Here's what to know about buying this type of fund.
The U.S. government rushed to send out $1,200 stimulus checks this spring. But some individuals found the $500 payments for their children were missing. The government is now making good on that money.
Many small business owners say they are bearing the brunt of costs for coronavirus-related safety measures rather than raising prices to consumers, according to the CNBC|SurveyMonkey Q3 Small Business Survey.
"I think that the president is keeping the heat on. I expect more negatives about China," CNBC's Jim Cramer said.
President Trump signed a measure to boost weekly unemployment benefits for millions of Americans. But some of the details around the amount and duration of aid, and who will get it, are unknown.
With no clear end in sight for the coronavirus pandemic, taxpayers who are hunkering down in a second home are about to face potential tax complications.
Talks on a new coronavirus aid package have come to a halt. A Congressional report finds that older workers stand to get hurt the most in the downturn. One legislator says new stimulus legislation and other retirement reforms are needed.