An increase in vaccinations in the coming weeks in itself might not be enough to contain the spread of a coronavirus variant that was first reported in the United Kingdom in December and has now appeared in the U.S, said Scott Gottlieb, former commissioner of the Food and Drug Administration. The emergence of variants could
Month: February 2021
A man wearing a mask as a preventive measure against the spread of Covid-19 walks in London. May James | SOPA Images | LightRocket via Getty Images The U.K. economy contracted by 9.9% in 2020, its largest annual contraction since records began, as the coronavirus pandemic ravaged economic activity. In the final quarter of the
Whitney Wolfe Herd, founder and CEO of Bumble, has built a business worth over $7 billion in seven years. In its initial public offering, Bumble raised $2.2 billion from investors. Bumble is also one of the three female-founded companies to go public in the past year and has made Wolfe Herd a billionaire at 31. So
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. The custody bank will eventually allow digital currencies to pass through the same financial network it currently uses for
MartinPrescott | E+ | Getty Images Don’t count on having extra time to get your tax return filed this year like you did in 2020. The IRS said Thursday it has no plans to extend the standard filing deadline of April 15. This comes despite the agency delaying the start date for accepting returns to
LightRocket via Getty Images Over the last couple of weeks, the financial headlines have been dominated by market manipulation, GameStop, short squeezes, Reddit frenzies and other uncommon topics. A little perspective makes it easier to understand these events and how they should affect your investment strategy. The big news was the strong increase in the
Economic Security Planning, Inc. Today’s column addresses questions about whether to decide when to file according to a break even analysis, whether you must actively file for benefits taken after earlier benefits and how military credits are applied for periods of actively service. Larry Kotlikoff is a Professor of Economics at Boston University and the
Investment Specialist, Team Denver Homes - RE/MAX Professionals. getty Hotel or vacation rental? If you’ve vacationed with friends or family at any point in the last decade, this is probably a familiar debate. And if you’re like a growing number of travelers, you may have exchanged the comfort and familiarity of housekeeping, 24-hour check-in and other hotel
President Joe Biden makes brief remarks before signing several executive orders directing immigration actions for his administration in the Oval Office at the White House on February 02, 2021 in Washington, DC. Doug Mills | Getty Images President Joe Biden is expected to announce Thursday that his administration has secured deals for another 200 million
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to major U.S. equity benchmarks were flat in overnight trading on Thursday as Wall Street looked set to wrap up the week with modest gains. Dow Jones Industrial Average futures dipped 27 points. S&P 500 futures and Nasdaq 100 futures both
In 2003, I purchased a 1,000 square-foot, two-bedroom, two-bathroom house in San Francisco for $580,000, with a 30-year fixed-rate mortgage of 4.25%. At 26 years old, I had put almost all my savings into the 20% down payment. Over the next few years, I became obsessed with trying to pay off my mortgage early. In
Some Robinhood traders who can’t get in touch with customer service are trying another tactic: showing up at its front door. A handful of Robinhood’s clients have driven to the start-up’s headquarters in California, demanding to speak to a representative and in some cases, vandalizing the property, according to police reports. A total of ten
U.S. Speaker of the House Nancy Pelosi (D-CA) participates in a news conference on the third day of the Senate impeachment trial of former U.S. President Donald Trump in Washington, February 11, 2021. Erin Scott | Reuters House Speaker Nancy Pelosi on Thursday said that a $15 federal minimum wage will be included in the
10 tips for a Happier Retirement and the 25 happiest cities for retirement in the US getty Sadly no city in the USA came in the top 25 happiest cities for retirement. The top five cities for happiest retirement are Helsinki, Copenhagen, Geneva, Reykjavik, Oslo. As a Los Angeles financial planner who helps people plan for
Tax return professional interviewing a client. ASSOCIATED PRESS Good tax professionals ask good questions. If you are using a paid preparer for the first time or are using a new preparer this filing season be sure that they have been keeping up with current events. The coronavirus pandemic has resulted in a host of new
Brooklyn Bridge and the Lower Manhattan skyline. getty Downtown Manhattan, long a cultural epicenter of the United States, comes with one of the steepest barriers of entry thanks to a real estate market that has seen an ever-increasing price creep since the 1990s. Still, the disruption caused by the effects of COVID-19 has created opportunities
A nurse prepares the Pfizer-BioNTech Covid-19 vaccine, at a vaccination center, in Sarcelles near Paris on January 10, 2021. ALAIN JOCARD | AFP | Getty Images LONDON — As coronavirus vaccines continue to be rolled out in major economies around the world, attention is again turning to current lockdown strategies in a bid to eliminate
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported fourth-quarter earnings that topped estimates, fueled by pandemic snacking and higher sales of drinks like Gatorade Zero and Bubly sparkling water. On the heels of the strong quarter, the Frito-Lay owner said that
Uber CEO Dara Khosrowshahi told CNBC on Thursday the company discussed but “quickly dismissed” the idea of buying bitcoin with corporate cash like Telsa. However, Khosrowshahi said Uber would consider accepting cryptocurrencies as payment. The comments come after Tesla announced earlier this week that it bought $1.5 billion worth of bitcoin with some cash on
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