Getty Images It has not been easy for most American families during the Covid-19 pandemic. From lost jobs and reduced incomes to work and school from home, Americans are struggling to keep afloat financially. In fact, in a 2021 National Endowment for Financial Education (NEFE) survey, nearly 7 out of 10 people suffered a financial setback in
Month: February 2021
Managing Partner and Co-Founder at Bamboo Equity Partners, a leading commercial real estate investment firm. getty Making predictions is challenging even in quieter times, let alone in a year with a global pandemic. The Covid-19 pandemic will forever influence almost all aspects of our lives, including the use of real estate. However, what history has taught
Staff make their way around the aisles collecting items before sending them to the on-site dispatch hall to be packaged inside one of Britain’s largest Amazon warehouses in Dunfermline, Fife. Jane Barlow | PA Images | Getty Images BEIJING — Big investors are pouring money into warehouses in Europe as online shopping for goods —
Investor Paul Meeks won’t invest in social media stocks right now, he told CNBC on Monday. Meeks, who’s known for running the world’s largest tech fund during the dot-com bubble, predicted regulators will target the group this year — with Facebook and Twitter bearing the brunt. “The interesting thing about this full-fledged assault on the social media
Jeff Bezos would owe about $2 billion a year in state income taxes under Washington’s proposed wealth tax, according to legislators. As part of an effort to reduce inequality and offset the state’s lack of an income tax, Washington state legislators are proposing a 1% levy on wealth over $1 billion. Lawmakers say the tax
Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take
People press demands to McDonald’s to raise workers wages to a $15 minimum wage, May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images A report released Monday from the nonpartisan Congressional Budget Office concluded that raising the minimum wage to $15 an hour by 2025 could add tens of billions of dollars
Questionable hearing device getty Almost 50 million Americans suffer from some level of hearing loss. The majority of them are adults older than 65. I know quite a number of people who have hearing aids; some wear them religiously, some do not. The non-wearers claim they don’t really work for them, they’re cumbersome, they are visible
United States Jigsaw Puzzle Pieces getty Morgan Scarboro of MultiState Associates discusses the tax topics state legislatures are likely to tackle this year. This post has been edited for length and clarity. Paul Jones: Hi, Morgan. Thanks for being here. Morgan Scarboro: Thanks so much for having me. Paul Jones: First, I wanted to talk about the elephant
Sonny Kalsi is the CEO of BentallGreenOak, a global real estate investment and management platform. Getty There’s no denying that 2020 was a year of great upheaval. The world contended with a global pandemic, and we all became witnesses to the tragic and all too frequent consequences of racial injustice. But like all periods of difficulty,
Changes are coming to travel amid the coronavirus pandemic. The Transportation Security Administration says it will now issue fines to travelers who failed to wear a mask while in transit. The fines could be as large as $1,500. That development could pave the way for a safer travel environment and entice hesitant consumers to begin
A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images LONDON — Dogecoin is surging after billionaire Elon Musk and other celebrities appeared to back the cryptocurrency on Twitter. The meme-inspired token rallied 37% in 24 hours to a record high of $0.083745 at 10:20 a.m. ET on Monday, according to data
The details behind Elon Musk‘s $100 million prize for the best carbon capture technology are coming into focus. On Jan. 21 when the Tesla CEO tweeted he would be donating $100 million toward a prize for the best carbon capture technology, he piqued interest, but also left many questions unanswered. On Monday, the nonprofit organization
Ron Baron, founder of Baron Capital, is a Tesla shareholder and a big believer in Elon Musk’s vision of the future. Baron believes Tesla can grow sales to $1 trillion in 12 years. Anjali Sundaram | CNBC Billionaire investor Ron Baron told CNBC on Monday he believes Tesla’s bitcoin purchase is “not surprising,” but the longtime
Narisara Nami | Moment | Getty Images With health care more critical than ever these days, it should come as no surprise that 2 out of the 3 best jobs in the U.S. are in that field. Like many industries, the health-care sector has been hit by the Covid crisis, with employment down by 542,000
sturti | E+ | Getty Images The tax competition between states to attract and keep businesses and residents has been ongoing for decades. The national migration pattern has generally trended from cold, high-tax northern states to warm, low-tax southern and south western states. Retirees, no longer tied to a workplace or raising children, have been
getty It’s that time of year when, if you’re like most people, you begin to once again turn your attention to your IRA. The year-end statements are starting to trickle in, so you might feel the urge to re-evaluate things and perhaps make some changes. But, do you really know what you should be looking
regulations printed on rubber stamp getty Presidential vetoes are fairly common, though they seldom carry tax implications. There have been 40 presidential vetoes since the turn of the century. That includes 39 conventional vetoes plus a single pocket veto. If you’re keeping score, the tally is as follows: President Clinton vetoed seven bills during his last year in
Covid-19 is the agent of change driving advances – and acquisitions – in a sector long-resistant to tech. By Troy Hooper, Xinyi Jiang and Rachel Stone Property technology deals are expected to accelerate this year as Covid-19 forces the digital transformation of an industry historically resistant to change, executives and others say. Couple Looking At
A logo of Hyundai Motor is seen on a glass door at a company branch in Seoul on July 23, 2015 Jung Yeon-Je | AFP | Getty Images South Korean automakers Hyundai Motor and Kia Motors said Monday they are not in talks with Apple to develop an autonomous vehicle. Hyundai Motor shares fell 6.41%
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