The Arches is emblematic of the new luxury construction taking place in the Mott Haven nook of the … [+] South Bronx. EXR/The Arches No one who has read Robert A. Caro’s Pulitzer Prize-winning The Power Broker is likely to ever forget the author’s depiction of the Bronx of the early 1950s. Then cradling some
Month: January 2021
A health worker shows a dose of China’s Sinopharm Covid-19 vaccine at a vaccination center in the Jordanian capital Amman on January 13, 2021. Khalil Mazraawi | AFP | Getty Images BEIJING — Sinopharm, a state-owned giant in China’s coronavirus vaccine development, announced its chairman left the board Tuesday. The company cited personal reasons for
Wall Street may be in for a surprise. Ally Invest’s Lindsey Bell believes investors are underestimating the strength of earnings season, which kicks off Friday with the banks. “That’s my biggest call going into this earnings season,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Thursday. Refinitiv predicts S&P 500 fourth-quarter earnings results
After years in development, Jeff Bezos’ private space company Blue Origin aims to carry its first passengers on a ride to the edge of space in a few months. Blue Origin on Thursday completed the fourteenth test flight of its New Shepard rocket booster and capsule. Called NS-14, the successful test flight featured the debut of
U.S. President-elect Joe Biden jokingly thanks voters for Georgia certifying his victory three times as he campaigns on behalf of Democratic U.S. Senate candidates from Georgia Jon Ossoff and Raphael Warnock, ahead of their January 5 run-off elections, during a drive-in campaign rally in Atlanta, Georgia, January 4, 2021. Jonathan Ernst | Reuters The push
The stock market scorecard can help you invest for retirement with confidence. Getty Images, contributor gopixa If a baseball or basketball team had a win/loss record of 70-25, you’d say it dominated the field. Well, 70-25 has been the win/loss record for the annual rate of return on the S&P 500 since 1926. Impressive scores
President-elect Joe Biden is a mere six days from relocating to the Oval Office, and with Democrats holding majorities in both the House of Representatives and the Senate, any and all of the former Vice President’s proposals are now in play. WILMINGTON, DELAWARE – JANUARY 14: U.S. President-elect Joe Biden takes off his mask as
Corbis via Getty Images Bill Gates, the fourth richest person in the world and a self-described nerd who is known for his early programming skills rather than his love of the outdoors, has been quietly snatching up 242,0000 acres of farmland across the U.S. — enough to make him the top private farmland owner in
President-elect Joe Biden on Thursday unveiled a sweeping plan to combat the coronavirus pandemic in the United States, massively scaling up testing to support school reopenings, creating more health-care jobs and investing billions in a nationwide Covid-19 vaccine campaign. The plan, which Biden is expected to discuss in detail Thursday night from his transition headquarters
Chip Somodevilla | Getty Images News | Getty Images President-elect Joe Biden’s pandemic relief package would extend income support for millions of unemployed workers through September 2021 and increase jobless benefits by $400 a week, according to an outline obtained by CNBC. Biden would also phase out higher unemployment benefits automatically over time, tying aid
Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. While the ETF’s constituents have yet to be announced, shares of space companies Virgin
US President-elect Joe Biden speaks at The Queen theater in Wilmington, Delaware on January 7, 2021, to announce key nominees for the Justice Department. Jim Watson | AFP | Getty Images President-elect Joe Biden’s stimulus proposal includes a bevy of tax credits aimed at stabilizing the finances for American families. Biden’s pandemic aid plan, to
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because
Charday Penn | E+ | Getty Images Small-business owners and side-gig hustlers are facing a major tax deadline. Filers who pay estimated taxes every quarter, including independent contractors and partners in business entities, owe their final payment of 2020 on Jan. 15. Generally, the other deadlines for quarterly taxpayers are April 15, June 15, and
With this understanding about how life insurance is priced, I can create a simple model to consider four different potential roles for this whole life insurance policy in retirement income planning. First, the death benefit for life insurance provides a method to meet a legacy goal using risk pooling and tax advantages that is distinct
Economic Security Planning, Inc. Today’s column addresses questions about when Social Security will recognize recent high income, what happens to benefit checks received in the month a person passes away and how the Windfall Elimination Provision (WEP) can affect benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
As real estate agents licensed by the New York Department of State, we need to know the difference … [+] between the truth and a lie. getty In real estate, the facts are the facts. As the country watched the drama unfold over the past week, first at the Capitol Building and now, perhaps, at
[This livestream is slated to begin at 11:30 a.m. ET. Please refresh the page if you do not see the player above at that time.] Jeff Bezos’ private space company Blue Origin is set to launch the fourteenth test flight of its New Shepard rocket booster and capsule, a system designed to carry people on
A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines said Thursday it halved its cash burn and narrowed its losses in the fourth quarter as the coronavirus pandemic drove the carrier to its worst year ever. The Atlanta-based airline posted a net loss of nearly
The logo for payments start-up Checkout.com. Checkout.com LONDON — Online payments firm Checkout.com is now Europe’s top tech unicorn. Checkout.com said Tuesday that it had raised $450 million in an investment led by Tiger Global Management — which is also an investor in rival payments giant Stripe — lifting its valuation to $15 billion. That’s
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