Following a blockbuster report by The New York Times over the weekend, all eyes are focused on President Trump’s tax returns and what he did, and didn’t, pay. But the eyes that really matter are the federal and state tax authorities charged with reviewing whether or not Trump and the Trump Organization broke tax laws. And
Month: September 2020
Steel production has rebounded alongside the recovery in automotive production this quarter, Cleveland-Cliffs CEO Lourenco Goncalves told CNBC Monday. U.S. automakers are sprinting to re-stock showrooms and get back on production schedule after plants were shut down earlier this year as the country took action to slow the spread of a novel coronavirus. “We have
Porsche is working with third-party operators for more than 200,000 charging points in China. Evelyn Cheng | CNBC BEIJING – Luxury and electric vehicles emerged as bright spots at this year’s Beijing Auto Show, which kicked off this weekend in the aftermath of the coronavirus pandemic with about 200 fewer vehicles than previous shows. China
After Hadi Yousef began to invest in stocks, he soon learned the value of listening to a company’s earnings call. It didn’t take long for the then-Indiana University student to realize that tracking them down for a range of companies was a challenge. “Around that time, five years ago, I had really gotten into podcasts,
U.S. President Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington, U.S. Ken Cedeno | Reuters Apparently, losing millions of dollars can work in your favor – if you’re President Donald Trump and can hire a team of professionals
There may be a surprising silver lining to the Covid-19 crisis for some small businesses. Nearly 60% of small business owners said there has been at least one positive thing to emerge from managing through the coronavirus pandemic that will be continued by their organization in the future, a new report has found. Wilmington Trust’s
getty Taxpayers who run into dead ends dealing with the IRS have an option few know about. It’s free, and it can be effective. After receiving answers from the IRS they think are wrong or no answer at all, most taxpayers believe they have only two choices. One choice is to give up and accept.
churchpropertylocater.com Over the past decades, many commentators have observed declining religious attendance, particularly in small towns and rural communities. This has meant empty and underutilized churches and other religious buildings with the added burden of fixed costs. When contributions from the congregation decline (or vanish completely), this can make maintaining the property unfeasible. If the
Atmosphere outside the Majestic Theatre on April 08, 2020 (Photo by Jamie McCarthy/Getty Images) Getty Images As theaters remain dark, there might be a game of musical chairs behind the scenes. According to Broadway investment banker Lisbeth R. Barron, who brokered the deals for British firm Ambassador Theatre Group to take over six theaters in
Sir Richard Branson poses on floor of New York Stock Exchange (NYSE) with Future Virgin Galactic space traveller Jennifer Rallison from Canada as Virgin Galactic (SPCE) began public trading in New York, October 28, 2019. Brendan McDermid | Reuters Shares of Virgin Galactic surged as much as 22% in trading Monday after Wall Street firms
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Devon Energy, WPX Energy — Shares of Devon jumped 9% while WPX
Wharton School professor Jeremy Siegel told CNBC on Monday the stock market is likely primed for strong gains next year, regardless of whether President Donald Trump or Joe Biden occupy the White House. Siegel, who has been mostly bullish over the years, cited a number of reasons, including the increased money supply as a result of
Alistair Berg | DigitalVision | Getty Images Once you hit your 60s, it’s time to figure out when you want to retire — and whether or not you can make it happen. By the age of 67, which is when people born in 1960 or later can fully retire on Social Security, you should have
A cone to promote social distancing sits on the floor of a restaurant and bar in Austin, Texas, U.S., on Saturday, May 23, 2020. Alex Scott | Bloomberg | Getty Images Governors across the U.S. are allowing restaurants to reopen, some limited to outdoor dining but others at full capacity. A new survey shows one reason
getty Do you already understand the basics of stocks and bonds, mutual funds, and asset allocation? And are you ready to dive deeper and learn about alternative assets—what they are, how they might fit into your portfolio, and why they may or may not be appropriate for you? Many investors often think of investments as
If you collect a legal settlement is it taxable? Usually yes, but the tax treatment varies depending on how you were damaged, how the case was resolved, how checks and IRS Forms 1099 were issued and more. Whether you settle your case, win a judgment, or even if your dispute only reached the letter-writing phase, taxes apply
Will they be back? Barclays thinks not. At least not in their entirety. getty Is working from home here to stay? Barclays Capital thinks it is. In a special report published on September 22, Barclays equities analysts Ryan Preclaw in New York and Paul May in London wrote that working from home could reduce demand
A hydrogen fuel-cell plane that’s capable of carrying passengers completed its maiden flight this week, in another step forward for low and zero-emission flight. ZeroAvia’s six-seater Piper M-class aircraft — which has been retrofitted with the device that combines hydrogen and oxygen to produce electricity — undertook a taxi, take-off, full pattern circuit and landing on
South Korean boy band BTS backstage during the 61st Annual GRAMMY Awards at Staples Center on February 10, 2019 in Los Angeles, California. John Shearer | Getty Images Entertainment | Getty Images SINGAPORE — Shares of Big Hit Entertainment, the music label behind global K-pop phenomenon BTS, were priced on Monday at the top end of
Westend61 | Westend61 | Getty Images With so many companies seeking to cut costs to survive the Covid-19-induced economic downturn, many corporate executives are now weighing the answer to a simple question: “Does it make sense to take an early retirement?” I work closely with corporate executives from a wide range of Fortune 500 companies.
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