A pharmacist dilutes the Pfizer COVID-19 vaccine while preparing it to administer to staff and residents at the Goodwin House Bailey’s Crossroads, a senior living community in Falls Church, Virginia, on December 30, 2020. Brendan Smialowski | AFP | Getty Images Dozens of people in West Virginia were mistakenly given Regeneron‘s Covid-19 antibody treatment instead
Source: NYSE photo Art Cashin couldn’t lead the New York Stock Exchange in the singing of “Wait til the Sun Shines Nellie” this year, but he penned this poem for UBS and its clients, and is sharing it with us here. Happy New Year, Art. Look forward to seeing you on the floor in 2021. Subscribe
Traders work on the floor of the New York Stock Exchange. NYSE Stocks exit 2020 with strong gains and are riding a tailwind, but already in the dawn of the new year, the market could face its first big challenge. The final outcome of the 2020 election plays out Tuesday, when voters in Georgia will
Oranut Fankhaenel / EyeEm | EyeEm | Getty Images Sustainability ratings are useful tools for assessing the environmental, sustainability and corporate governance-worthiness of mutual funds and exchange-traded funds. But how do you navigate between different ratings providers, especially when they can have different results for the same fund? CNBC looked under the hood at some
Hispanolistic The latest round of $600 stimulus checks is on the way, but for people who either changed their bank account information or moved recently, the next payment may be delayed. The IRS has already started the process of issuing the checks through direct deposit, and some people have already noticed the payment pending in
Within the last 12 months, we have essentially seen the passage of three major pieces of federal legislation that impact retirement planning. Far and away the biggest retirement planning bill of the three was the SECURE Act, passed at the end of 2019, and mostly going into effect in 2020. However, due to COVID-19 and
In a recent case, the Fifth Circuit addressed the definition of “the return” for purposes of starting the statute of limitations. In a win for the taxpayer, the court held that the regulatorily prescribed form is not necessarily the only document that can start the statute of limitations. A brief summary of the salient facts.
Now is the time to refinance getty Real estate dominated the headlines this year with foreclosure moratoriums, forbearance programs and the seemingly endless decrease of mortgage interest rates. Now, on the last day of the year, the latest report from Freddie Mac shows mortgage interest rates increased just barely to 2.67%, only one basis point
In this June 30, 2020, file photo, Gov. Gavin Newsom removes his face mask before giving an update during a visit to Pittsburg, Calif. Rich Pedroncelli | AP California health officials have identified the state’s first case of the new and more infectious strain of Covid-19 that was initially discovered in the United Kingdom, Gov.
European Commission President Ursula von der Leyen, European Council President Charles Michel, German Chancellor Angela Merkel, French President Emmanuel Macron and Chinese President Xi Jinping are seen on a screen during a video conference to approve an investment pact between China and the European Union on December 30, 2020. Johanna Geron | AFP | Getty
Millions of Americans report not having enough money to pay for food during the pandemic. Michael Loccisano | Getty Images Entertainment | Getty Images The latest Covid relief package expands food benefits, giving further aid to millions of Americans who are facing financial difficulty because of the coronavirus pandemic. The $900 billion stimulus bill signed
FEBRUARY 29, 2020: A set of gold-plated tea cups (Photo by Robert Alexander/Getty Images) Getty Images Most likely you will pay your Social Security taxes all year round. But some high earners will stop paying before their hangover headache hits in the wee hours of New Year’s Day. Social Security benefits are paid by the
In this installment of In the Pages, Tax Notes International contributing editor Robert Goulder sits down with Kim Clausing, incoming professor at the University of California, Los Angeles, School of Law, to discuss the lessons in her recent Tax Notes article, “5 Lessons on Profit Shifting From U.S. Country-by-Country Data.” About the Guests Robert Goulder is a contributing editor for Tax Notes International.
For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million homes were sold and the average home price was up 5 percent. There were record low mortgage rates of course, but there’s also the fact is that
As 2020 draws to a close, many of us will be thankful to bid farewell to a year like no other, one fraught with fear, sadness and challenges. Yet, despite the hardship of the coronavirus pandemic, this year will also go down as a momentous one for all the rapid developments it has brought about
Bryn Mawr Trust’s Jeff Mills is making a big bet on the economic recovery. After years of decline, he predicts small-cap stocks’ 2020 comeback will deliver even bigger gains to investors next year. “We’re at this point where monetary policy and fundamental economic growth, at least in our opinion, line up,” the firm’s chief investment officer
Robert Herjavec has an end-of-year ritual that sets him up for success: organizing his calendar for the whole next year, Herjavec previously told CNBC Make It. “I live and die by my calendar,” Herjavec, investor on ABC’s “Shark Tank” and CEO of cybersecurity firm the Herjavec Group, said in December 2017. “[It] allows me to manage
Mike Molitoris received the second stimulus check via direct deposit on Wednesday. The pending funds will be available to use Jan. 4. Mike Molitoris Mike Molitoris, a wealth manager in Cary, North Carolina, heard that checks were being issued via direct deposit on the radio while he and his family were out seeing Christmas lights
getty The clock is running out on 2020. If you’re like the 83% of Americans who think that 2020 was either just “OK,” “bad,” or “terrible,” you’re probably looking forward to ringing in the new year. But if you have an hour or so to spare before the ball drops, a smart money move before
Republicans refuse federal aid for state and local budgets in part because of hostility to public … [+] employee pension plans. getty In the drama over the federal Covid-19 relief legislation, Republicans led by Senate Majority Leader Mitch McConnell (R-KY) rejected state and local budget aid, claiming it would be used to bailout badly managed