The Crew Dragon capsule sits on top of the SpaceX Falcon 9 rocket at Launch Complex 39-A at Kennedy Space Center, Fla., Friday, May 29, 2020. Joe Burbank | Orlando Sentinel | Getty Images Private spaceflight specialist Axiom Space on Wednesday announced a deal with SpaceX that added three more crewed flights to the International
Month: June 2021
In this article SPCX Morsa Images | E+ | Getty Images Early in 2021, SPACs, or special purpose acquisition companies, raised record amounts of money to take private firms public. The frenzy, and recent slump of SPAC shares, could lead to riskier deals in the coming months and years, meaning those looking to invest in
Maryland Gov. Larry Hogan Chip Somodevilla | Getty Images News | Getty Images Around 3.7 million Americans will be affected by states’ early withdrawal from federal unemployment programs, according to a CNBC analysis of Labor Department data. In the past month, 25 states have announced plans to end pandemic-era benefits ahead of their formal expiration
Michael H. Zaransky is Founder and Managing Principal of MZ Capital Partners, an award winning multifamily investment and development firm. The coronavirus pandemic has forced those of us in the multifamily sector to reassess real estate’s time-honored location-location-location mantra. With remote work now commonplace in several businesses — a trend that promises to continue post-pandemic —
According to the most recent report, from 2020, the Medicare HI (Hospital Insurance, or Part A) Trust Fund is projected to be emptied in the year 2026. That’s well before the Social Security Trust Fund’s projected insolvency in 2034, and when that happens, Medicare will only be able to pay 90% of Part A benefits,
In this article WIZZ-GB LONDON — The coordination of travel rules in the European Union has become a politicized process and the rules remain “unpredictable,” the CEO of Wizz Air said as the airline experiences “huge” demand for the summer. “I think the European Union as such has broken down completely, we have failed to
In this article ZM Zoom Video Communications Inc. founder and CEO Eric Yuan at the company’s IPO at Nasdaq MarketSite in New York, April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom reported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling
U.S. stock index futures were little changed during overnight trading on Tuesday, following muted action on the first day of June. Futures contracts tied to the Dow Jones Industrial Average gained just 23 points. S&P 500 futures and Nasdaq 100 futures both hovered above the flatline. During regular trading, the Dow gained 47 points, or
martin-dm | E+ | Getty Images As the world opens following Covid restrictions, people are also reopening their wallets. For many, it’s exciting to be getting back to some sense of normal. It could also wreak havoc on personal finances, especially if people aren’t careful. “It’s critically important to revisit your budget and how you
The pandemic has distorted all parts and sections of American society and its economy. But one particular area of major impact has been on housing markets. Housing market predictions at the start of the pandemic was anybody’s guess. Now, however, with over year passing since the pandemic’s onset, housing markets in the United States have
Anticipating President Biden’s proposed increase in the capital gains tax rate, taxpayers are deciding whether and how to accelerate gains or how to defer them after an increase for as long as possible. The uncertainty around the timing and extent of the increase, as well as other important details that will need to be established during
As the world begins to come out the other side of the pandemic crisis of the past year-and-a-half, some of the most appealing options for living and retiring overseas are open for business. Here are six places where you could retire overseas today… #1: Mexico Mexico is an American’s most accessible retire-overseas option. Depending where
Crowds of people are seen shopping during a weekly market at Kandivali. SOPA Images | LightRocket | Getty Images India is expected to see double-digit expansion in the three months ending in June — but economists warn that the data won’t be painting the full picture of the country’s growth trajectory. South Asia’s largest economy
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke Wednesday for the first time since President Joe
Tasos Katopodis | Bloomberg | Getty Images President Joe Biden wants to raise the top income-tax rate for wealthy households to 39.6%, from the current 37%, to help finance his legislative agenda. That top rate would apply to single individuals with taxable income over $452,700 and married couples filing a joint tax return with income
In this article KODK Workers at the KODAK billboard at Times Square, March 2004. Avalon | Hulton Archive | Getty Images The New York Attorney General on Tuesday asked a court to force Kodak’s CEO to publicly testify amid an investigation over allegations of insider trading. The petition, filed with the New York County State
Thomas M. Barwick | Getty Images As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients. About 49% of advisors said clients have asked about cryptocurrencies in the past six months, up from 17% in 2020, according to the Financial Planning Association and the Journal
Getty Images The dramatic rise of cryptocurrency has led to some spouses hiding those digital assets during divorce settlements, and tracking down the funds isn’t easy, experts say. More than 20 million Americans may own cryptocurrency, industry groups say, and digital currency market values grew to a record $2 trillion in April. These spikes may
Warburg Realty, Manhattan’s premier luxury independent residential real estate firm, is moving forward as the city rebounds. Long known as New York’s blue-chip brokerage since opening its doors in 1896, Warburg Realty recently welcomed back Stephen Klym as senior vice-president for strategic initiatives and Tribeca sales director. Klym brings decades of industry experience as he
Coming to a corporate balance sheet near you: multi-jurisdictional complexity. This week, in what must seem like a case of déjà vu, multinationals were once again put on notice that a tax reckoning is on its way. This time, it was the European Union gearing up to sharpen its pencils, as it introduced a plan