CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Janelle Finch is a senior at the University of Missouri in Columbia, majoring in journalism with an emphasis in TV/radio reporting and
Month: December 2020
The controversy over the deductibility of payroll expenses by Paycheck Protection Program (PPP) loan recipients has finally been settled, less than a week before the end of the year. The Consolidated Appropriations Act, 2021, signed into law Dec. 27, 2020, allows deductibility of … [+] payroll expenses by Paycheck Protection Program loan recipients. getty Deductibility
getty Congress may still be debating the size of additional checks, but Treasury is already taking action to deliver a second round of Economic Impact Payments (EIPs, or stimulus checks). This second round of checks is part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021, passed by Congress last week and signed
If Los Angeles’ housing market has shown us anything this year, it’s that luxury real estate is on track for big things in 2021. In the Flats section of Beverly Hills, a sprawling estate with a mansion and a private train park has sold for $31.4 million — one of the priciest transactions in the
With only a few days to go, the United States will likely fall short of its goal to vaccinate 20 million Americans by the year’s end as the nation embarks on what will be a historic campaign to inoculate hundreds of millions of people against the coronavirus by the middle of next year. Two Covid-19
Check out the companies making headlines in midday trading. Ormat Technologies — Shares of the alternative energy company advanced more than 4% after Bank of America initiated coverage on the stock with a buy rating and $96 target, according to FactSet. The stock rose to an all-time high on the heels of the bullish call.
Designer Pierre Cardin poses during the Pierre Cardin Paris Haute Couture New Collection launch at Maxim’s on November 26, 2013 in Paris. Richard Bord | Getty Images Pierre Cardin, who during his more than seven decades in fashion brought geometric shapes to haute couture and put his name on everything from clothing to furniture to
Ty Wright | Bloomberg | Getty Images For car buyers, the end of the year typically marks the best time to get a great deal. Things look a bit different this time around. While there are still discounts and special financing on certain makes and models, those incentives generally are not as generous as in
People wait in line at the Holy Apostles Soup Kitchen on Dec. 15, 2020 in New York City. Robert Nickelsberg | Getty Images Finally, there’s some good news for the millions of people on two key unemployment programs that expired before President Donald Trump signed the latest Covid relief bill — they likely will not
Letizia Le Fur | ONOKY | Getty Images While the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on their state returns. In addition to pledging stimulus checks to American households and providing a $300 boost to unemployment
Start 2021 with New Year’s resolutions that can really improve your life in retirement. getty It’s likely you’ve seen or made typical New Year’s resolutions that could make your retirement better: save more, spend less, lose some weight, and so on. While those resolutions can definitely help improve your life, following are four New Year’s
Most of us could use some good news these days, so here is a little. Two highly controversial tax bills pending in California appear to have died on the vine, at least for now. Technically, with the legislative session ending in the Golden State, they would need to be re-introduced to face a vote and
Designed for French-British politician Sir James Goldsmith, the bright-yello home overlooks the … [+] Costa Careyes enclave between Puerto Vallarta and Manazanillo. Hilton & Hyland Imagine having a front seat on the sunrise—every day. Set above the ocean like a sunlit citadel, Sol De Oriente combines privacy and resort living in the Mexican state of
An American Airlines Boeing 737 MAX airplane takes off on a test flight from Dallas-Fort Worth International Airport in Dallas, Texas, on December 2, 2020. Cooper Neill | AFP | Getty Images MIAMI — American Airlines on Tuesday is set to operate the first U.S. commercial flight of Boeing‘s 737 Max since two deadly crashes
Containers and trucks at the port of Qingdao, China on February 14, 2019. Reuters BEIJING — China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday. After about a year since Covid-19 first emerged in the Chinese city of Wuhan,
Volunteers from Forgotten Harvest food bank at a mobile pantry distribution before Christmas in Warren, Michigan, on Dec. 21, 2020. Emily Elconin | Reuters President Donald Trump signed the $900 billion coronavirus relief bill on Sunday, solidifying another round of aid to Americans. Still, millions of families are staring down a gap in benefits that
Getty Images This week Congress agreed in principle to the Coronavirus Response and Relief Supplemental Appropriations Act which brings much needed relief to small businesses affected by the harsh economic realities associated with the Coronavirus pandemic. One of the prevailing features of the Act is the fact that it creates the opportunity for “second draw”
2020 Review; last year review in life; business. Writing and preparing for new year 2021 resolutions getty In this episode of Tax Notes Talk, Tax Notes reporters recap some of the quirkiest tax stories they encountered in 2020, from two brothers’ legal and tax troubles to Mexico’s acceptance of art created by artificial intelligence to pay
Ski area at Snowmass, Colorado. Universal Images Group via Getty Images Falling temperatures bring to mind powder ski slopes and roaring fires that help melt away the cold. In this week’s look at luxury homes on Forbes Global Properties, I set out to explore the Colorado Rockies, an area synonymous with world-class skiing and winter
The lack of Covid testing capacity in the United States could mean the new, highly transmissible coronavirus strain that first emerged in the United Kingdom is already working its way through communities across the U.S. That’s according to Dr. Nahid Bhadelia, the medical director of the Special Pathogens Unit at Boston Medical Center. “To find
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