MOUNTAIN VIEW, CA – DECEMBER 03: Actors Ashton Kutcher (L) and Mila Kunis attend the 2018 … [+] Breakthrough Prize at NASA Ames Research Center on December 3, 2017 in Mountain View, California. (Photo by C Flanigan/FilmMagic) FilmMagic The first home Ashton Kutcher and Mila Kunis bought together is now for sale asking $13.99 million
Month: June 2020
The U.S. reported more new coronavirus cases on Wednesday than on any single day before, according to a tally by NBC News, as the virus spreads to new communities and sparks outbreaks mostly across the American South and West. Almost half of all new cases came from Florida, Texas and California, where the outbreaks appear to
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures were mostly flat on Thursday night following the release of the Federal Reserve’s latest bank stress-test results and disappointing quarterly numbers
We need to get better at talking with, listening to and learning from each other, says Malcolm Gladwell, host of the popular podcast “Revisionist History.” “You can’t read somebody and make sense of someone in 10 seconds. Don’t even try,” says Gladwell, whose September book, “Talking to Strangers,” analyzes the inadequacies in people’s capacity to do so. “The
U.S. banking regulators are about to ease restrictions created in the aftermath of the financial crisis, a development that sent bank stocks surging Thursday. Officials from the Federal Deposit Insurance Commission said on a call that they are loosening the restrictions from the so-called Volcker Rule, allowing banks to more easily make large investments into
Hispanolistic Forget high-interest savings accounts. The IRS is crediting up to 5% interest on late tax refunds. The government agency announced it would grant interest on tax refunds that are issued after April 15 – the original due date for 2019 federal income tax returns. Bear in mind that the IRS has pushed out the
Deferred variable annuities with income guarantee riders have gained popularity as a retirement income tool providing behavioral solutions for the annuity puzzle. Retirees are not always comfortable seeing the premiums disappear from their portfolio balances when buying income annuities that convert a lump-sum premium into a protected lifetime income. Many features of a variable annuity
IRS building in Washington DC. Please see my portfolio for other travel and tax related images. Getty Offer For Cases Being Litigated The IRS is following up a major Tax Court win against sketchy conservation shelters with a purportedly “take it or leave it” offer. For background you might want to check out my piece
Families are moving to Napa Valley as alternative to urban living Getty The Napa Valley real estate market is booming with multiple offers and bidding wars. Bay area families looking to escape the realities of urban living during a pandemic are fueling the market. Listen to Compass California President Mark McLaughlin on the market dynamics.
A woman pushes a cart of groceries to her car outside an Albertson’s store in Denver, Colorado. Matthew Staver | Bloomberg | Getty Images U.S. supermarket operator Albertsons Companies on Thursday sold fewer shares than expected at a lower price than planned in its $800 million initial public offering, according to people familiar with the
GP: A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City. JOHANNES EISELE | AFP | Getty Images Check out the companies making headlines after the bell. Virgin Galactic — Shares of
“It’s been a whirlwind, to say the least,” says Rosemary Ketchum. Ketchum, 26, became the first openly transgender elected official in West Virginia when she won a city council seat in Wheeling on June 9. She is now one of 27 out trans elected officials in America, according to the LGBTQ Victory Fund. Ketchum’s may seem an unlikely
Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set the company up to begin spaceflights next. The company said that after it completes “an extensive data review”
Sen. Marco Rubio, R-Fla. Michael Brochstein | SOPA Images | LightRocket | Getty Images The coronavirus stimulus checks have provided a financial boost to millions of Americans — except for those who filed tax returns with non-citizen spouses. A bill introduced on Thursday by Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., is seeking to
The administrator of the Small Business Administration, Jovita Carranza, looks on during the daily briefing on the coronavirus outbreak. Mandel Ngan | AFP | Getty Images The speedy rollout of the Paycheck Protection Program put cash into the hands of business owners — and it may have also paved the way for fraud. Those were
TOPLINE The stock market took a hit from disappointing unemployment data and a rising number of coronavirus cases Thursday morning, but rebounded after U.S. regulators said they would ease post-financial crisis restrictions on big banks. Several states are seeing record numbers of new coronavirus cases. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average
TOPLINE The Federal Reserve on Thursday placed new restrictions on the banking industry for the first time since the aftermath of the 2008 financial crisis, requiring big banks to temporarily suspend share buybacks and cap dividend payments at current levels. The Fed cracked down on big banks in an effort to protect the economy during
Mortgage rates are at the lowest point on record, but both home purchase and refinances slowed this … [+] week. Getty Mortgage rates are still at all-time lows. According to the latest data from Freddie Mac, the average interest rate on a 30-year mortgage is just 3.13%—holding steady from last week and the lowest rate
Any policy changes that states like Texas and Florida, which appear to have expanding coronavirus outbreaks, decide to implement now likely won’t affect the spread of the virus for weeks to come, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC Thursday. Due to the lag of how long it takes once someone is infected
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to
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