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Republican governors thought they had some deft counterprogramming with a strategy to spur workers back to their jobs: At least 25 GOP governors canceled federal jobless benefits for their citizens before the program expires in September. That was supposed to eliminate the incentive to stay home and collect benefits, while helping businesses lure badly needed workers. It also gave Republicans a pro-business policy alternative to the expansive government President Biden and Congressional… Source link

Britney Spears nabbed a big win in her conservatorship battle this week, after Judge Brenda Penny ruled that the pop star can now hire the attorney of her choosing.   On Wednesday, the singer appeared over the phone for the second time in two years following last month’s headline-making hearing in which the 39-year-old pop icon claimed she’s been “traumatized” by an “abusive” legal arrangement that grants her father, Jamie Spears, broad authority over her personal and financial affairs,… Source link

What you don’t know about Social Security could cost you tens of thousands of dollars in retirement income, a new survey found. “What is overlooked is just the very basic fundamentals, which are Social Security and retirement age,” Christian Worstell, content writer for HelpAdvisor.com and report author, told Yahoo Money. “There’s a lack of awareness around it.” Six out of 10 seniors agree that the Social Security program is “difficult to understand and confusing,” while only 12%… Source link

By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. The recall covers 2013-2017 model year vehicles that may experience a seized cross-axis ball joint that could cause a fractured rear-suspension toe link, which could significantly diminish steering control, increasing the risk of a crash. The recall covers 676,152 vehicles in North America,… Source link

F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 16, 2021 A market in motion tends to stay in motion   It’s already been a strong year for the U.S. stock market.  Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%.  But index-level gains, of course, don’t tell the full story of what’s happening… Source link

Bloomberg Crypto Insiders Posit Bitcoin Price Floor Around $30,000 Level (Bloomberg) — Bitcoin has been grinding lower in a trading range just above $30,000, prompting cryptocurrency insiders to flag the round number as a potential floor for the virtual coin.Crypto prognostication is fraught with risk, not least because Bitcoin’s price has roughly halved from a record high three months ago. Even so, some in the industry are coalescing around $30,000 as a support point, citing clues from… Source link

(Reuters) – Tesla Inc’s vehicle registrations in California rose more than 85% in the second quarter versus last year, largely due to the success of the company’s Model Y, according to data from Cross-Sell https://info.cross-sell.com/tesla-special-report-0, a research firm that collates title and registration data. The automaker posted record vehicle deliveries for the April-to-June quarter earlier this month, as it dealt with a semiconductor shortage and relied on sales of its cheaper… Source link

NEW YORK, July 15, 2021 /PRNewswire/ — Moderna Inc. (NASD:MRNA) will replace Alexion Pharmaceuticals Inc. (NASD:ALXN) in the S&P 500 effective prior to the opening of trading on Wednesday, July 21. AstraZeneca Plc (LSE:AZN; NASD:AZN) is acquiring Alexion Pharmaceuticals in a deal expected to be completed soon pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company… Source link

Stock futures opened lower Thursday evening to extend decline from the regular session.  Contracts on the S&P 500 moved to the downside. Earlier during the regular session, the Nasdaq lagged, with technology and growth stocks coming under selling pressure as concerns over the strength of the U.S. economy recovery increased.  This week, investors have taken in a bevy of new economic data alongside an early batch of second-quarter earnings results. On the economic side, data have been mixed,… Source link