swissmediavision The seemingly endless nationwide pandemic lockdown has resulted in a lot of pent-up travel demand. As the second major long holiday weekend of summer gets underway, people looking to celebrate Independence Day are getting in their cars and campers for road trips — deemed by many a safer bet than air or cruise travel.
Month: July 2020
Sam Lyon likes a good challenge. And when his new job fell through because of a coronavirus hiring freeze, Lyon wanted to aim high. That’s when Lyon, 26, decided to create what he calls the “Uber Eats Challenge.” The Salem, Oregon, resident committed to doing deliveries for 12 hours per day, every day, for the
Can you do a Roth conversion of a coronavirus-related distribution? It would be nice if you could, as that would allow you to spread the income from the Roth conversion over three years. Follow me as I guide you to my answer. Coronavirus Coronavirus related distributions and Roth conversions Getty The coronavirus disease 2019 (COVID-19)
TOPLINE Although House Democrats passed a massive $1.5 trillion infrastructure proposal earlier this week, the Senate didn’t take it up before the weekend—and the bill is now facing near certain death as both top Republicans and the White House have said they will oppose the legislation. Republicans ridiculed the bill and vowed it would die
2-8a Rutland Gate in Knightsbridge was bought by a Hong Kong investor for $264 million Beauchamp Estates London’s prime housing market is seeing strong interest from Hong Kong and mainland Chinese buyers, with real estate agents reporting above-average levels of investment. London-based estate agency Beauchamp Estates reports that over the past 6 months it has sold
A worker disinfects the showers on the beach of La Muralla on May 25, 2020 in El Puerto de Santa María, Spain. Juan Carlos Toro The U.K. government is about to lift compulsory self-isolation for travelers from low-risk destinations starting next week. Most travelers arriving in the U.K., even national citizens, had been forced to
U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to American capital markets nor hurt China’s growth, according to a report by think tank Peterson Institute for
From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn. Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes ranging from palatial estates to one-room shacks located smack in the middle of a pond.
With only two weeks left until this year’s tax filing deadline, now is the time to take the opportunity to make some key moves, which could translate into nice tax savings. The Covid-19 crisis led the federal government to extend the due date for submitting your 2019 federal income tax return to July 15, which
Ranking member Sen. Bob Menendez, D-N.J., arrives for the Senate Foreign Relations Committee hearing on Thursday, June 20, 2019. Bill Clark | CQ Roll Call | Getty Images Sens. Bob Menendez, D-N.J., and Kevin Cramer, R-N.D., have introduced a bill prohibiting retailers from declining cash payments from customers, as businesses promote “contactless” digital payment as they
What’s important for your retirement? Getty As you’re planning for retirement, when you stop and think about it, you’re planning for a 20- to 30-year period of your life. It’s a task to take seriously, and it’s not a good idea to wing it. As you approach retirement, it’s important to think about the life
Getty The Internal Revenue Service (IRS) may have your money. The tax agency has announced that more than $1.5 billion in outstanding refunds remain unclaimed from 2016. Yes, billion. That represents well over one million taxpayers who might have qualified for a refund but did not file a federal income tax return for 2016. If you are
Open plan office in refurbished fire station. Port House, Antwerp, Belgium. Architect: Zaha Hadid … [+] Architects, 2016. (Photo by: Hufton+Crow/View Pictures/Universal Images Group via Getty Images) Universal Images Group via Getty Images As businesses re-open and others continue their preparation to welcome employees back to the workplace, the open-plan office suddenly looks more risky than revolutionary. The ability to network while hot desking, learn by listening and brainstorm at the
The U.S. reported more than 50,600 additional coronavirus cases on Wednesday, the largest single-day increase since the beginning of the outbreak, according to Johns Hopkins University data. Cases were growing by 5% or more, based on the change in average new cases compared with last week, in 40 states across the country, including California, Florida,
The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in greater China were up 29% and the amount
A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Manhattan apartment sales in the second quarter saw their biggest decline in 30 years, and worst quarter on record, as the real estate lockdown and urban flight after the Covid-19 crisis put a freeze on
The Senate is giving entrepreneurs more time to apply for emergency funding. But it might not be enough for small-business owners. The Paycheck Protection Program, the forgivable loan program that was established through the federal CARES Act, was originally intended to cover eight weeks of payroll costs, plus mortgage interest, utilities and rent expenses. June
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images The list keeps getting longer. Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19
By Leslie Hunter-Gadsden, Next Avenue Contributor Getty In her fascinating new book, Our Money Stories, Eugenié George, a Philadelphia financial planner, wellness coach and former grade-school teacher, has dug deep into how the economic history and oppression of African American, Latinx, Native American and Asian American women have affected their money management. Our Money Stories
Getty As we head into the July Fourth weekend, the Paycheck Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time small businesses and self-employed individuals have to file an application for a PPP loan to August 8, 2020. However, while Congress congratulates itself on this