Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Wednesday that “justice was served” after a jury found ex- Minneapolis police officer Derek Chauvin guilty on all three charges,
Month: April 2021
Paige Santillo worries about not being able to pay for her medication without health insurance. Source: Paige Santillo The help from the government seemed to come just in time for Paige Santillo. Due to the pandemic, Santillo had been laid off from her job as a marketing manager at the publishing company Informa in October.
Mint Images – Tim Robbins Repealing the $10,000 state and local tax deduction cap is likely to have uneven results for Americans. In fact, Black families are 42% less likely and Hispanic families are 33% less likely than white ones to see a tax break from a SALT cap repeal, according to a recent analysis
In this article JNJ US President Joe Biden makes a statement of a police shooting in Minnesota in the Oval Office of the White House after a meeting with members of Congress about the American Jobs Plan April 12, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Joe Biden on Wednesday
Your estate plan needs an up-to-date power of attorney (POA), but it also needs more. The power of attorney (POA) is essential for every estate plan, but it often is oversold by estate planners. The shortcomings of POAs aren’t well-known and could bite you or your heirs without proper preparation. You and your heirs need
New York Attorney General Letitia James has weighed in on the low-income housing tax credit Year 15 struggle. In cooperation with James E. Johnson New York City’s Corporation Counsel, she has filed an amicus brief supporting RiseBoro Community Partnership (RiseBoro) in its litigation with AIG affiliate, Sun America Housing Fund 682, over ownership and control of 35
The University of Illinois Urbana-Champaigns’ Solar Decathlon 2020 entry, focused on a growing market of young professional homeowners seeking an affordable home that can adapt to their growing needs. The house was called the ADAPTHAUS because the team designed the house with several features that can be altered to function for multiple purposes and be
A detail of Janssen Johnson & Johnson COVID-19 vaccine that is not currently being given out because it has been put on hold. Allen J. Schaben | Los Angeles Times | Getty Images The Food and Drug Administration said Wednesday a Baltimore plant that ruined millions of Johnson & Johnson Covid-19 vaccine doses was unsanitary and unsuitable
In this article SPCX Traders work on the floor of the New York Stock Exchange (NYSE) on Friday. Spencer Platt / Staff | Getty Images SPAC mania has come to a screeching halt. Just last month, special purpose acquisition companies celebrated a head-turning milestone by breaking their 2020 issuance record in just three-month’s time. After
Senator Bernie Sanders (I-VT) makes his way to a roll call vote in the Senate in Washington, U.S. April 19, 2021. Evelyn Hockstein | Reuters Free college could soon be a reality for many Americans. Sen. Bernie Sanders, I-Vt., and Rep. Pramila Jayapal, D-Wash., on Wednesday introduced the College for All Plan, legislation that would
A lot of people think about relocating in retirement, and I’ve written articles in the past about relocating in retirement to save on taxes. A recent study compared the states based on 32 different rating factors and the results were not what I had espoused based on taxes and cost-of-living alone. If you are planning
The federal minimum wage increase didn’t survive the “Byrd bath” process in the Senate in the first budget bill this year because it wasn’t sufficiently related to the budget, but what if it was repackaged as a tax instead? That’s the question that economists Emmanuel Saez and Gabriel Zucman of the University of California, Berkeley,
Zoom, Microsoft Teams, Google Meet, and many other similar services have rapidly become staples of the real estate and larger business worlds. We have all learned to videoconference. But videoconferencing may produce some awkward surprises if we aren’t careful. Videoconferencing software often allows the conference to be recorded. Once recorded, the resulting data files can
LONDON, ENGLAND – APRIL 20: Fans hold banners opposing Chelsea signing up for the newly proposed European Super League ahead of the Premier League match between Chelsea and Brighton & Hove Albion at Stamford Bridge on April 20, 2021 in London, England. Chloe Knott – Danehouse | Getty Images Sport | Getty Images LONDON —
In this article PG .CRBQX Containers of Tide detergent on grocery store shelves in New York. Richard B. Levine | Corbis | Getty Images Procter & Gamble on Tuesday topped analysts’ estimates for quarterly earnings and revenue as consumers maintained pandemic buying trends like purchasing more cleaning supplies and started buying beauty products again. The
In this article C Citigroup CEO Jane Fraser said she decided to exit the bank’s retail operations in 13 countries outside the U.S. to improve returns. One of the biggest priorities for Fraser, who took over for predecessor Michael Corbat in February, is to bring New York-based Citigroup’s returns closer to those of peers including JPMorgan
In this article VABK Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic shares fell in trading Tuesday after Ark Invest’s space exploration ETF sold nearly half its stake in the space tourism company. Cathie Wood’s firm sold 275,204 shares of Virgin Galactic from
Outdoor dining tents under constructions in Arlington, Virginia, on Feb. 5, 2021. Liu Jie/Xinhua via Getty More than 300,000 Americans lost unemployment benefits prematurely during the Covid pandemic, according to a study published Tuesday by the California Policy Lab. That’s due to a way many states account for unemployed workers, which has understated the severity
Does a recent survey conducted by MassMutual raises genuine concerns about Americans’ understanding of Social Security, and suggest a need for concerted efforts for more education? Maybe. The survey polled 1,500 Americans nearing retirement, that is, between the ages of 55 – 65, who haven’t yet retired, by asking them 12 true-false questions. They assign
An IRS Memorandum released on April 9, 2021 (Number: 202114020) further clarifies when cryptocurrency hard forks should be taxed. The memorandum specifically talks about bitcoin (BTC) & bitcoin cash (BCH) hard fork occurred on August 1, 2017 at 9:16 AM EDT. Pursuant to the hard fork, people who held BTC received an equivalent amount of
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