As a hurricane approaches, protecting your home becomes a priority. getty Hurricane Laura continues to strengthen to a Category 5 storm as it barrels toward Texas and Louisiana. Potentially devastating winds and storm surge threaten 1.1 million homes with over $265 billion in reconstruction cost value, reports CoreLogic, a global property data and analytics provider.
Month: August 2020
Restaurateurs in New York City are pleading for clarity on when they will be allowed to offer indoor dining, warning of dire economic consequences as the monthslong prohibition drags on during the coronavirus pandemic. “The restaurant industry is going to die as we know it in this city. How can we not, at least, open
Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic, and its online business suffered due to a shift in timing of its annual Anniversary Sale. The company said its stores, including its off-price Nordstrom Rack locations, were closed for
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: NetApp — NetApp shares rose more than 10% in after-hours trading after the data-storage company reported unexpected earnings and sales growth. NetApp reported adjusted earnings of 73 cents a share, up from 65 cents a share a year ago. Analysts had expected
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos on Wednesday saw his net worth soar above $202 billion, according to the Bloomberg Billionaires Index, making him the first person to cross the $200 billion threshold. He’s now $78 billion richer than Microsoft co-founder Bill Gates, who stands at number two. The Amazon
Philadelphian’s rallied at City Hall before taking to the streets to demand Congress return and come to a deal on Unemployment and other key features of the HEROES Act in Philadelphia, PA, on August 20, 2020. NurPhoto | NurPhoto | Getty Images Most states have gotten approval to offer workers at least $300 a week
Westend61 | Westend61 | Getty Images If there’s a magic bullet to two-parent families getting by on one salary, especially in these tough economic times, it’s controlling cash flow. Couples who succeed at either saving one salary or living on one paycheck are very disciplined about spending. They use several strategies to make living on less work
Dollar bills, calculator and 401 k Plan getty Readers, after publishing my prior article, with the clunky title, “Joe Biden Promises To End Traditional 401(k)-Style Retirement Savings Tax Benefits. What’s That Mean?” I received, generally speaking, two types of feedback: first, challenging me with respect to my statements, in general, of Biden’s plan; and, second,
Stephanie Soong Johnston, chief correspondent for Tax Notes Today International and Robert Goulder, contributing editor for Tax Notes International discuss the recent Apple AAPL State Aid decision and the long term consequences on global tax reform. Here are a few highlights . . . On the timeline leading up to the Apple state aid case Stephanie Soong Johnston: In September
Million Dollar Beach House, the latest Netflix NFLX offering in the world of reality real estate shows, debuts today. From Beverly Hills to the Hamptons, glimpses into multimillion-dollar homes and the people who sell them have become hot properties. Million Dollar Beach House From Netflix Netflix Bravo’s Million Dollar Listing Los Angeles boosted the careers
New cases of the coronavirus continue to fall in the U.S., as does testing across the country, according to data compiled by Covid Tracking Project, a volunteer project founded by journalists at The Atlantic. The Centers for Disease Control and Prevention quietly revised its testing guidance earlier this week to say that most people without
An employee of Dick’s Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease (COVID-19) restrictions ease in Syracuse, New York, U.S., May 15, 2020. Zachary Krahmer | Reuters Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday,
Take a look at some of the biggest movers in the premarket: Dick’s Sporting Goods (DKS) – The sporting goods retailer earned $3.21 per share for the second quarter, well above the consensus estimate of $1.30 a share. Revenue was also well above forecasts, with comparable-store sales up 20.7% compared to a 9.9% FactSet consensus
HSBC Global Asset Management and climate change advisory and investment firm Pollination Group are teaming up to launch a series of billion-dollar funds that will target “natural capital.” The new venture, which is the largest of its kind, will be called HSBC Pollination Climate Asset Management. The funds will target institutional investors including pension funds
Almost half of all Americans would consider booking a vacation if they got a second stimulus check, a survey has found. Financial advisors, however, say that’s probably not the best way to spend the money — unless you’ve already crossed all your “t’s” and dotted every “i” when it comes to your finances. To that
The Covid-19 crisis is requiring everyone to do something that former FBI hostage negotiator Chris Voss built a career on: make tough, stressful decisions. “I like action, I hate inaction and inertia, and with the pandemic, it is requiring us to make decisions,” said Voss, who now runs his own consulting firm, Black Swan Group.
Young couple sitting on sofa discussing finances getty Are you starting your career or a new job and want to know if you should opt in to the company 401(k) plan? Or are you new to saving in a 401(k) and want to learn about some of the basic features? If you just started a
getty Every year, the IRS releases its so-called “Dirty Dozen”—a list of scams that target taxpayers. This year, perhaps as no surprise, the list emphasized schemes related to coronavirus tax relief, including Economic Impact Payments. As the pandemic drags on, taxpayers and tax professionals would do well to familiarize themselves with the IRS’s list of the latest
West Woodyates Manor in Dorset, England, lies in almost 1,000 acres Knight Frank In the early 18th century English merchant Thomas ‘Diamond’ Pitt went on a property buying spree after selling a 140-carat white diamond, later known as the Regent diamond, which he acquired in India and whose story is surrounded by scandal. The story
The discussion around U.S. use of convalescent plasma as a Covid-19 treatment continued on Tuesday. Food and Drug Administration Commissioner Dr. Stephen Hahn acknowledged late Monday that criticism of his comments about the benefits of the treatment are “entirely justified.” Hahn, at a press conference with President Donald Trump, said that of 100 Covid-19 patients, “35
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