"People need to make those withdrawals to get over a difficult time, we should help them with that. But we shouldn't use that lack of a penalty to put them into investments that aren't appropriate for them," SEC chairman Jay Clayton told CNBC.
New York Gov. Andrew Cuomo on Wednesday said he will sign an executive order that would make Juneteenth a holiday for state employees, also saying that he will "propose legislation" to make it a state holiday for next year.
"Opportunity zones," a key White House program aimed at reducing racial inequities, have benefited big real estate projects more than minority-owned small business, according to a study.
Grocery stores have been the beneficiaries of closed restaurants so far this year, and options traders are betting the gains could get even bigger when Kroger reports earnings Thursday
A measure on the ballot this November in San Francisco would levy a special tax on businesses that pay their highest-earning employee 100 times or more the median salary of its San Francisco workers.
New York Gov. Andrew Cuomo is holding his daily news conference Wednesday as the state begins to see its Covid-19 outbreak ease and pushes further into reopening.
Many people are stuck working at home. A new survey found that 77% of workers want to continue to work from home at least once a week when the pandemic is over. As a result, some managers are turning to "productivity management" software to track employees while they work remotely. But are there limits to the ways in which employers can track their workers at home in pursuit of productivity? Watch the video to find out more.
The United Auto Workers union is asking its roughly 399,000 members, including those at the Detroit automakers, to pause Friday, Juneteenth, in a moment of reflection and support for protests across the globe to end racism and hate.
Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months, as travel demand gradually picks up.