Papa John’s delivery driver staffing levels are getting ‘progressively better,’ CEO says

Papa John’s is seeing improvement in staffing levels for delivery drivers, CEO Rob Lynch told CNBC’s Jim Cramer on Monday. “April was a challenging month, but our staffing situation has gotten progressively better. We’re starting to get drivers to come in and take the orders. … Our demand is still huge and it’s been a…

More U.S. companies in China cut forecasts, scale back investments as Covid persists

Truck drivers, such as the one pictured here in Shanghai in late April, typically need to show valid negative virus tests in order to move goods between cities in China. The American Chamber of Commerce in China said members have reported varying implementation of Covid controls depending on city and province. Vcg | Visual China…

Andy Warhol’s ‘Marilyn’ sells for $195 million, setting record for American art

A woman takes a photo of Andy Warhol’s ‘Shot Sage Blue Marilyn’ during Christie’s 20th and 21st Century Art press preview at Christie’s New York on April 29, 2022 in New York City. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) Angela Weiss | Afp | Getty Images Andy Warhol’s…

Social Security may have underpaid student beneficiaries by about $59.5 million, report finds

Kevin Dodge | The Image Bank | Getty Images About 14,470 students may have been underpaid $59.5 million in Social Security benefits, according to estimates from the Social Security Office of the Inspector General in a recent audit. The organization, which provides independent oversight of the Social Security Administration’s programs and operations, conducted an investigation…

AMC shares rise after results outpace Wall Street expectations

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Not even the tag-team of Spider-Man and Batman could make AMC Entertainment profitable during the first quarter. Still, shares of the movie theater chain rose more than 4% after hours…

Stocks making the biggest moves after hours: AMC, Novavax and more

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Check out the companies making headlines after hours. AMC — Shares jumped 4% after the entertainment company reported its “strongest first quarter in two full years”…

Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment. “We are reducing our involvement…

This strategy may help ensure you won’t run out of money in retirement

Sam Edwards | Getty Images Those annoying required minimum withdrawals from retirement accounts that kick in at age 72 may come with a silver lining: helping you make your money last through your lifetime. Generally speaking, if you were to take only your yearly RMDs it would mean those accounts wouldn’t be depleted in your…

Rivian stock plummets as Ford unloads 8 million shares of EV start-up

In this article RIVN F Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive plummeted in premarket trading Monday following a CNBC report that Ford Motor is selling 8 million shares of the electric vehicle start-up. Rivian’s stock…

Fed’s Neel Kashkari confident inflation can come down, but not without some pain

Neel Kashkari Anjali Sundaram | CNBC Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back to normal though it’s taking longer than he expected. Acknowledging that he was on “team transitory” in believing that surging prices wouldn’t last, he said persistent supply-demand imbalances have generated the highest inflation levels in…

Here are some key things financial advisors would tell their younger selves

fizkes | iStock | Getty Images For anyone getting started with adulthood, the financial stuff can be among the trickiest aspects to navigate. That can be the case even for those who go on to be financial advisors. For these professionals, some advice they regularly give clients now — after years of extra education and…