U.S. Vice President-elect Kamala Harris (L) looks on as U.S. President-elect Joe Biden (R) delivers remarks on January 08, 2021 in Wilmington, Delaware. Chip Somodevilla | Getty Images News | Getty Images The federal minimum wage is poised to get its first update in more than a decade. President-elect Joe Biden on Thursday said he
Month: January 2021
getty The Internal Revenue Service (IRS) has announced that tax season will open on Friday, February 12, 2021. Yes, on a Friday. The IRS will begin accepting paper and electronic tax returns that day. This is about two weeks later than had been expected. The delay allows the IRS time to do additional programming and
2020 had been a tough year from all aspects, and at this point, it seems that 2021 is working tirelessly to catch up. Too many companies and too many fields were required to adapt to the ‘new normal’ and innovate their future with the hope of staying in business. New York City, which was the
Several Democratic governors are criticizing the Trump administration for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve. Health and Human Services Secretary Alex Azar said on Tuesday that the government would begin releasing doses of vaccine that were being held in “physical reserve” to ensure enough supply for second
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more
U.S. President-elect Joe Biden speaks as he lays out his plan for combating the coronavirus and jump-starting the nation’s economy at the Queen theater January 14, 2021 in Wilmington, Delaware. Alex Wong | Getty Images The incoming Biden administration will push Congress to expand food benefits for Americans struggling because of coronavirus until at least
Internal Revenue Service sign with a traffic signal in the foreground indicating a red light. getty One of my least favorite ideas is hiring private collection companies to collect federal taxes. So I was really intrigued by the second biannual report by the Treasury Inspector General For Tax Administration (TIGTA) on the program. Is IRS
When it comes to interior design, 2021 isn’t too different from 2020. Collov Home Design on Unsplash Unlike Chip and Joanna Gaines, the pandemic has been the biggest influence on interior design that no one asked for. At the beginning 2020, designers were touting two-tone kitchens and bold colors as the next big trends. Little
Apple chief executive Tim Cook interacts with Year 2 pupils in a classroom, during a visit to Woodberry Down Community Primary School in Harringay, north London, to view how the school, which is part of the New Wave Federation group of schools, had incorporated Apple’s iPad and related software into lesson plans. Yui Mok |
The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images LONDON — A British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to let him search for it in a landfill site. James Howells, a
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing.
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of Boxperience Angela Garbot For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues. Since last March, the firm shifted from catering weddings and corporate events to providing first-responder meals and
Sen. Tim Scott (R-SC) and Sean Parker tour the senator’s childhood neighborhood as an example of the areas that can see investment through the opportunity zone program. Evan Kafka for Forbes President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump
Snowbirds typically searching for sun are favoring nearby ski towns. getty Is the beach so last year? Searches of homes in ski towns were up nearly 36% year-over-year in the fourth quarter of 2020, according to a new report from realtor.com. Much of the increased demand is coming from residents of cold-weather Northern states, often
Health and Human Services Secretary, Alex Azar at the White House on August 23, 2020 in Washington, DC. Pete Marovich | Getty Images Health and Human Services Secretary Alex Azar is resigning on Jan 20, NBC News confirmed on Friday. In his resignation letter dated Jan. 12, Azar mentions the riot at the U.S. Capitol
President-elect Joe Biden’s proposed stimulus plan is the right medicine for an economy likely to see substandard growth in the first half of 2021, Boston Federal Reserve President Eric Rosengren said Friday. As the first central bank official called to publicly speak on the Biden plan, he said he was comfortable with the aggressive fiscal
BlackRock‘s Larry Fink told CNBC on Thursday that he believes the stock market has further room to run higher. However, the chairman and CEO of the world’s largest asset manager cautioned that the rally may not be as robust as it was in the second half of 2020. “I think we’re going to continue to see
FatCamera | E+ | Getty Images President-elect Joe Biden has a plan to help fix what he calls the immediate and acute child-care crisis in America. He unveiled his proposal on Thursday, as part of his sweeping $1.9 trillion coronavirus rescue package. “If left unaddressed, many child care providers will close — some permanently —
A usually busy Main Street in Livingston , Montana after Governor Steve Bullock order the closing of restaurants, bars, and theaters on March 20, 2020 in response to the coronavirus pandemic. William Campbell | Corbis via Getty Images As President-elect Joe Biden lays out his sweeping $1.9 trillion economic plan and response to the pandemic,
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