By Lisa Iannucci, Next Avenue Frances McDormand, starring in “Nomadland” Photo courtesy of Searchlight Pictures For four decades, Jean Hardwick had a good, stable career, health and life insurance and a Sarasota, Fla. home she owned and loved. Then in 2015, catastrophe struck. After a near-fatal reaction to a prescription medication, Hardwick, now 60, found
Month: February 2021
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about what factors can potentially reduce benefits for a surviving spouse, whether cost of living allowances also increase spousal benefits and whether a public pension will affect a spouse’s own retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Joe Sugiyama is the Vice President of Pre-Construction at CA Ventures. getty Embarking on a new real estate development can be overwhelming for even the most experienced developers. Everything from getting a model to provide necessary returns to efficiently fitting your building design to your project site requires both financial and construction know-how. One area that
GEORGES GOBET | AFP | Getty Images Ford is investing $1 billion in an electric vehicle production facility in Cologne, Germany, with the European arm of the automotive giant committing to go “all-in” on electric vehicles in the years ahead. In plans announced Wednesday morning, Ford said its entire passenger vehicle range in Europe would
A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Walmart is set to report its fiscal fourth-quarter earnings before the bell on Thursday. Here’s what Wall Street is expecting: Earnings per share: $1.50 expected, according
The GameStop Corp. logo on a laptop computer and Robinhood application on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Rep. Ro Khanna, Silicon Valley’s lawmaker in Congress, on Thursday proposed a bill aimed at bulking up the Internal Revenue Service’s enforcement tools and ability to crack down on tax evasion. The legislation, if
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Elizabeth Holmes’ attorneys strongly pushed back against the government’s attempts to detail her extravagant lifestyle
Interactive Brokers chairman Thomas Peterffy told CNBC Wednesday that the U.S. financial system faced greater stress during the GameStop trading frenzy than is generally recognized. “We have come dangerously close to the collapse of the entire system and the public seems to be completely unaware of that, including Congress and the regulators,” Peterffy said in an interview
With tax season officially underway, many Americans are still asking, “Where is my $600 stimulus check?” The stimulus payments were authorized by Congress under a $900 billion Covid relief package passed in December. Within days, the federal government began deploying the money. That included payments of $600 per individual, or $1,200 per married couple filing
Estate planning handwriting sign on the sheet. getty If you have been thinking about making large gifts to take advantage of the current $11,700,000 lifetime federal estate tax exemption, you have probably been contemplating a spousal lifetime access trust, commonly known as a SLAT. A SLAT is an irrevocable trust that you create for the
Before you start your federal tax return, know the changes in key IRS forms that affect you getty Tax Season 2021 has begun. When you dig into your tax return for reporting 2020 income, you’ll notice that Form 1040 has changed yet again. In 2018, the IRS condensed Form 1040 significantly, completely revamping the prior
There’s long-term potential for hospitality investors right now, but investors need to prepare to … [+] weather the short term. Ariel Property Advisors It’s no secret that in the age of social distancing and travel bans, the hospitality industry is hurting, but real estate industry professionals are seeing long-term potential, especially in New York City.
Prioritizing teachers in Covid vaccine distribution will continue to be a challenge until more doses are readily available, Andy Slavitt, senior advisor to the White House Covid-19 Response Team, said Wednesday. President Joe Biden has made reopening the nation’s schools for in-person instruction one of his top priorities. On Friday the Centers for Disease Control and Prevention
Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Twilio shares rose more than 10% in extended trading on Wednesday after the cloud communications company reported better-than-expected fourth-quarter results, including a surprise adjusted profit. Here’s how the company did: Earnings: 4 cents per share, adjusted, vs. loss of 8 cents per share as expected by analysts,
The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at the U.S. Congress. Lawmakers will get their chance to grill the CEOs, as well as the Reddit trading star known as Roaring Kitty, about last month’s GameStop trading turmoil. Robinhood CEO Vlad Tenev, Melvin Capital
Many retail stocks are struggling, but RH is thriving. Shares of the upscale home goods store have more than doubled over the past year. CEO Gary Friedman has said the company is benefitting from the droves of homebound shoppers who are looking around their dwellings all day long and finding plenty of opportunities for sprucing
CEO & Co-Founder Vaynermedia Gary Vaynerchuk speaks at the Brand U Event at Nasdaq MarketSite. Roy Rochlin | Getty Images The newfound influence of Reddit users on the stock market is just a microcosm of what’s to come in the technology era, advertising guru Gary Vaynerchuk told CNBC Wednesday. “You’re seeing the maturity of the internet
President Joe Biden on the South Lawn of the White House on Feb. 16, 2021. Drew Angerer | Getty Images News | Getty Images President Joe Biden has essentially ruled out canceling $50,000 in student debt per person —disappointing some student borrowers who were counting on that help. “I didn’t have my hopes up,” said
cash getty The continued message of the Biden administration is this: the passage of the American Rescue Plan, their name for the $1.9 trillion spending bill, is vital for the country to make it through the pandemic: in addition to aid for the unemployed, health insurance purchase subsidies, food stamp boosts and the like, the
A piece of playground equipment stands in a park play in the Setagaya district of Tokyo, Japan, on … [+] Sunday, June 26, 2016. Packed trains, overcrowded schools and the country’s longest waiting lists for preschool care are the norm in Setagaya, the most populous of Tokyo’s 23 wards, as the Japanese continue their drift
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