An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday. Headquartered in Houston, Texas, BBVA USA Bancshares has $104
Month: November 2020
Jay Clayton, who has led the Securities and Exchange Commission for the past three and a half years that included a number of major changes in financial markets, said Monday he will step down at the end of the year. “Working alongside the incredibly talented and driven women and men of the SEC has been
Shapecharge It’s not uncommon to want to move money from a workplace savings plan to an individual retirement account when you leave the company. Yet if you’re not careful while doing that rollover, you can make costly errors or lock yourself into something that can’t be easily undone. The key is to avoid any tax
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. getty This year has brought about some of the biggest changes the world has ever seen and that’s especially true in the rental market. Over the past ten months, we’ve seen national eviction moratoriums, double-digit delinquency rates in
New nationwide poll shows 1 in 3 people over the age of 65 think they can just “snap out” of their … [+] depression. getty A new national poll found that almost two out of three Americans age 65 or older who are worried about having depression won’t go get treatment and a third believed
An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images Emirates is working with global pharmaceutical companies, including Pfizer, to address the logistical challenges of distributing coronavirus vaccines, according to Emirates President Tim Clark. “The industry is trying to establish best practice involving the third-party
Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures rose on Sunday night as traders assessed a sharp market rotation that led to a mixed weekly performance last week. Dow Jones Industrial Average futures were up by 202 points, or 0.7%. S&P 500 futures traded 0.7% higher and
Close-up of Conservation easement with pen getty There is a sign that the IRS is raising the stakes in its attack on syndicated conservation easements (SCE). Jennifer Black, (Senior Counsel Procedure and Administration) authored two chief counsel advices CCA 202044009 and CCA 202044010 in response to National Fraud Counsel Carolyn A. Schenck. Ms. Schenck was asking about
IRS announced the retirement contribution limits for 2021. getty The Internal Revenue Service (IRS) recently announced some adjustments to the income limitations on retirement account contributions for 2021. These changes were in the works regardless of who won the 2020 presidential election. President-elect Joe Biden has laid out ambitious plans to improve retirement savings rates,
President-elect Joe Biden discusses protecting the Affordable Care Act (ACA) and his health care plans during a news conference in Wilmington, Delaware, November 10, 2020. Jonathan Ernst | Reuters President-elect Joe Biden’s coronavirus advisors will meet with the leading drug companies developing coronavirus vaccines this week, Ron Klain, Biden’s newly selected chief of staff, said
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images The Democrats have gained control of the White House, and Wall Street appears to be on board. Although President-elect Biden will have to grapple with the ongoing coronavirus
John and David Auten-Schneider on their wedding day. The couple married after more than 13 years together. Studio Lemus John Auten-Schneider and David Auten-Schneider came out about their finances about two years after they started dating. The conversation started while they were looking to buy land in Winter Park, Colorado, to build a weekend home.
Amy Abad-Sosa Amy Abad-Sosa What started out as a fun at-home activity for Amy Abad-Sosa has turned into a source of small business income. The 29-year-old mom of two and bookkeeper, based in Bogota, New Jersey, kicked off her new venture “Adventure Bins” this fall – homemade activity boxes for toddlers and preschoolers. “We’re not
Mychal Phillips and Mario Schollmeyer recently bought an apartment in Park Slope, Brooklyn. Mychal Phillips Despite the dire reports about the New York City real estate market, transactions are taking place and, in some cases, there are bidding wars — and not just in the suburbs. Here’s a look at two sets of buyers and what they
Millennials are staying single longer and having children later – that has implications for … [+] caregiving and life in retirement. getty “One may be the loneliest number that you will ever do.” Despite the lyrical lament by the 1970’s rock band Three Dog Night, it appears that more people than ever are choosing singlehood.
An Emirates Airbus 380-800 about to land. Fabrizio Gandolfo | SOPA Images | LightRocket | Getty Images Emirates expects to return to profitability in the next two years, as new travel corridors open and the global aviation industry attempts to rebound from the worst crisis in its history. “I believe that within the next 18
Andersen Ross | Blend Images | Getty Images Making smart tax decisions can have a big impact on the amount of money someone has in retirement. Investing and withdrawing retirement funds in a tax-efficient way is among the top ways financial advisors can boost returns for clients, according to an analysis published by researchers at
This full outdoor suite includes dry storage drawers, a built-in grill with access doors, built-in … [+] refrigerator drawers, a beer dispenser as well as a beverage chiller and preparation compartment. Photo courtesy of DCS by Fisher & Paykel With so many people quarantining at home, outdoor space has become increasingly important – not only
Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO. He is known as a demanding leader, and straight shooter. “I’ve often been in board meetings at other companies and the CEO will put up a list of 10 priorities … well, that’s the same as having no priorities,” he recently told CNBC.
bymuratdeniz | E+ | Getty Images By this point, Medicare beneficiaries likely know that now is the time of year to get their 2021 coverage straight. While many individuals stick with what they have, others may be exploring a more suitable option. If that involves a Medicare supplement plan, aka Medigap, it’s important to know
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