Long before the Great Resignation drove record numbers of American workers to quit their jobs in the wake of the pandemic, quitting had been a key part of my career growth and wealth-building strategy. I started my first full-time job in 2010, at age 22. Since then, I’ve quit jobs six times — increasing my
Month: December 2021
In this article COF Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One says it is eliminating all overdraft fees for retail banking customers. It’s the largest U.S. bank yet to end the industry practice of charging customers a hefty fee, typically $25 to $35 each instance,
Fizkes | Getty Images Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season. While year-end tax planning is always important, recent adjustments — and the possibility of more on the horizon — may offer unique benefits along with potential pitfalls. Here are some of the biggest changes
As President Joe Biden’s nationwide employer vaccine mandate gets held up in court, more employers are considering implementing their own requirements. The majority of U.S. employers now have, or plan to have, a vaccine mandate as many return-to-work plans are pushed back again, due to concerns about the new omicron Covid variant. According to a
The estate tax changes that were anticipated in the final months of 2021 are apparently not materializing, leaving some people scratching their heads as to what they should do next. Two recent pieces of legislation – the Infrastructure Investment and Jobs Act (IIJA) and the Build Back Better (BBB) bill – were expected to include
Wow! 2021 has been yet another wild and crazy year. Many people have seen their incomes jump in 2021, while others have been out of work and have seen their incomes plummet. Either way, year’s end is the time to do some proactive tax planning to help reduce your 2021 income taxes. Why pay more
With or without the pandemic, the construction and building products industry has found ways to evolve. Companies are leveraging technology to differentiate themselves, which has the added benefit of creating more collaboration in an industry typically divided into silos. I spoke with experts from all facets of the supply chain who shared how technology has
Wind turbines and solar panels in Kayseri, Turkey. temizyurek | E+ | Getty Images The world is set to add nearly 290 gigawatts of renewable power capacity this year, according to the International Energy Agency, with the Paris-based organization expecting 2021 to “set a fresh all-time record for new installations.” Published on Wednesday, the IEA’s
In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds said Tuesday that its third-quarter revenue rose 33% from last year, while its losses widened as the cost of opening stores and listing its
The latest market setback may be a foreshock to a more serious downturn. The Leuthold Group’s Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies. “We are way overdue for a correction, and we’re going to get one,” the firm’s chief
A cityscape of Tel Aviv, with the first skyscraper, The Meir Shalom tower, in front, and newer buildings such as the Azrieli towers and Moshe Aviv tower in the back. Ilan Shacham | Getty Images Tel Aviv, Israel, is now the most expensive city in the world to live in, according to a biannual report
SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk is angry with the lack of progress SpaceX has made in developing the Raptor engines that power its Starship rocket. He described a dire situation the day after
Vladimir Vladimirov | E+ | Getty Images After a weekend of holiday shopping, Americans will be shelling out for charity on Giving Tuesday, which produced $2.47 billion from U.S. donors in 2020. But many don’t realize there’s a tax break for cash gifts in 2021, even if they don’t itemize deductions on their federal return.
Saving enough for early retirement often takes a few variables to succeed. You need enough income to stash money away to last over a 40- or 50-year retirement, a disciplined plan to methodically invest the funds and some luck. The luck can run out if, say, you lose your job for an extended period of
Hanukkah is a time of celebration and generosity. Spreading the gifts throughout the days of Hanukkah helps facilitate greater enjoyment and the expression of gratitude over a longer period of time. And why not have Uncle Sam chip in to make the gifts even sweeter. The following tax opportunities can be considered for the remaining
Whether it’s a candle, fragrance diffuser, or room spray, home fragrances are the unsung hero of decor. A scent can evoke a nostalgic feeling especially for the holidays, set the mood for a party, or at the very least, help mask odors from cooking, pets, and children. Candles and diffusers can also be a great
CNBC’s Jim Cramer recommended that long-term investors put some cash to work in the broad market after Wall Street’s steep declines Tuesday. Specifically, the “Mad Money” host suggested looking to an index fund that tracks the S&P 500, which he has long contended should be a core piece of portfolios. “Given that it’s a good
In this article CRM Marc Benioff, founder, chairman and CEO of enterprise cloud computing company Salesforce. Kim Kulish | Corbis News | Getty Images Salesforce reported fiscal third-quarter earnings on Tuesday for the period ending Oct. 31, beating Wall Street expectations on earnings and sales. But shares fell over 6% in extended trading after earnings
U.S. stock futures were higher in overnight trading on Tuesday following a sell-off on Wall Street over fears about the new Covid variant, omicron, and the Federal Reserve mulling a quicker-than-planned taper. Dow futures rose about 60 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures rose 0.5%. The major averages have seen several
Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Tuesday, Nov. 30, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — In her first day facing questions from the prosecution, Theranos founder Elizabeth Holmes admitted that she tried to get News Corp’s Rupert Murdoch