New York Gov. Andrew Cuomo speaks to reporters during a news conference at a COVID-19 pop-up vaccination site in William Reid Apartments in Brooklyn, New York City, U.S., January 23, 2021. Mary Altaffer | Reuters New York Gov. Andrew Cuomo on Sunday backed off his plan to appoint a former federal judge, who has a
Month: February 2021
Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example. According to the Rosenberg Research president, this year’s rate yield shock surrounding the benchmark 10-year Treasury Note is temporary. “This bond market is so radically oversold,” Rosenberg told CNBC’s “Trading Nation” on
Laura Crovo still has some lingering Covid symptoms, despite having contracted the virus last April. It’s been 10 months since Laura Crovo has felt entirely normal. Since testing positive for Covid last April, the 41-year-old Marylander has yet to shake off all of her symptoms. And on top of battling them — mostly a racing
When it comes to retirement income planning, taxes are an important but often overlooked factor. Pre-retirees tend to assume their tax bracket will decrease after they leave the workforce and don’t realize they could lose 25%–30% or more of their retirement income to taxes. Having a lower marginal tax bracket in retirement used to be
In a recent bankruptcy case, the court considered whether the recapture (repayment) obligation of the first-time homebuyer credit is a “tax” as applied to the non-discharge provisions of the bankruptcy code. The Housing and Economic Recovery Act of 2008 provided a tax credit for first-time homebuyers. The credit, which was for certain purchases between 2008
Is your living room this perfect? NativeHouse Photography/Lisa Gilmore Design When decorating your living room, it can be a challenge to get everything just right. After all, designing a space is really about balancing creativity and practicality, especially when there are so many choices. The problem is that it’s so easy to make the wrong
President Joe Biden arrives at Ellington Field Joint Reserve Base in Houston, Texas, U.S., February 26, 2021. Jonathan Ernst | Reuters President Joe Biden on Saturday told Congress that the airstrikes he ordered in Syria this week were consistent with the U.S. right to self-defense, as members of his own party called for more transparency
An employee removes a pizza from the oven at a Domino’s Pizza restaurant in Rantoul, Illinois. Daniel Acker | Bloomberg | Getty Images Domino’s Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on profits and U.S. same-store sales growth slowed. The pizza chain also released a new outlook for the next two to
ozgurcankaya Americans are not messing around this tax season. In just one week since the tax filing period opened on Feb. 12, the IRS received nearly 35 million individual tax returns, according to data released by the agency on Thursday. The rush of returns far outpaces what the agency saw last year, even before the
Regulators and law enforcement are looking into flagrantly illegal “side letter” agreements which … [+] pay private equity investors aware of fraud to not tell unsuspecting others. getty While mutual fund investors are assured equal treatment under the federal securities laws, private equity funds are the Wild West—industry practice is to grant certain investors secret
Google closeup logo displayed on a phone screen.(Photo by Nicolas Economou/NurPhoto via Getty … [+] Images) NurPhoto via Getty Images The most interesting tax news these days may not be the tax cuts in the massive pandemic relief bill now awaiting House passage. Rather, it may be the growing efforts of states to tax internet
Signature Kitchen Suites’ convertible refrigerator drawers showed up on multiple favorite KBIS new … [+] release lists. Signature Kitchen Suites The annual Kitchen & Bath Industry Show, the largest event for these two important home spaces, took place entirely online for the first time ever. That was not without its issues; while the educational sessions got
The Food and Drug Administration has approved Johnson & Johnson‘s Covid-19 vaccine for emergency use, giving the United States a third tool to fight the pandemic as highly contagious variants start to take root across the country. The FDA’s emergency use authorization Saturday kickstarts the federal government’s plan to distribute nearly 4 million doses of
Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares closed up less than 1% on Thursday after the PC maker reported fiscal first-quarter earnings that topped analysts’ estimates. HP stock was halted during the afternoon as shares suddenly rose. The company released its earnings report shortly after, though it had planned to announce the
Etsy CEO Chad Dickerson and others celebrate their IPO at the Nasdaq exchange, April 16, 2015. Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company popped nearly 13% on Friday after beating on the top and bottom lines of its quarterly results. Etsy earned $1.08 per
Cryptocurrency exchange Coinbase on Thursday filed to become a public company and revealed that its revenue more than doubled last year. According to the filing, Coinbase had net revenue of $1.14 billion in 2020, up from $483 million the previous year. The company also reported net income of $322 million for the year after posting
Bill Clark | CQ-Roll Call, Inc. | Getty Images A Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and student-loan borrowers, if it’s ultimately passed. The funding cuts would take effect in 2022 and last for several years.
NEW YORK, USA – JANUARY 18: Thomas DiNapoli, New York State Comptroller speaks during Martin Luther … [+] King Day celebration at National Action Network headquarters, in New York, United States on January 18, 2021. (Photo by Lev Radin/Anadolu Agency via Getty Images) Anadolu Agency via Getty Images In late January, the Washington Post reported:
Protective face mask and tax income documents for 2020. Concept for personal finances during … [+] Coronavirus pandemic getty Divorced and never married co-parents have the chance to pick up an extra $1,100 per dependent child when they file their 2020 returns. It requires trust, cooperation and running multiple versions of their 2020 returns. It is probably
Big Sky Montana ranks number one on Vacasa’s list getty The 10 best places to buy a winter vacation home according to Vacasa. It’s been one tough winter across the country from record-breaking cold to record snowfalls. Some people think beach and warm weather for a winter vacation second home. Others look to ski resorts
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