A child attends an online class at a learning hub inside the Crenshaw Family YMCA during the Covid-19 pandemic on February 17, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images It’s almost one year into the coronavirus pandemic and students are still suffering, especially Blacks and Hispanics. Many schools around
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SAN FRANCISCO, CA – DECEMBER 01: The Salesforce Tower, the city’s highest building, on December 1, … [+] 2020 in San Francisco, California. Recent workforce changes are leading to speculation about the tower’s future. (Photo by Stephen Lam/Getty Images) Getty Images As we approach the grim metric of 500,000 deaths due to Covid-19, analysts are grappling with
Why COVID-19 Is Driving Up The Cost Of Healthcare In Retirement And What You Can Do Now To Prepare getty While the long-term effects of COVID-19 on U.S. healthcare costs has only begun to emerge, experts estimate that healthcare costs linked to the pandemic could climb well into the hundreds of billions in the coming
Founder and CEO of Avid Realty Partners, an institutional multifamily apartment investment platform. getty The economic stresses of the Covid-19 pandemic and ongoing shutdowns are taking their toll on renter-by-necessity households. While the prospects of a successful vaccine rollout are encouraging, the many renters who have lost jobs at restaurants, retail establishments, hotels, airlines and other
The Lucid Air sedan, which is expected to go into production next year at a plant being constructed in Arizona. Lucid Electric vehicle firm Lucid Motors plans to go public at an $11.75 billion combined equity valuation and $24 billion pro-forma equity value through a reverse merger with a blank-check company started by veteran investment
An image from the video taken by multiple cameras as NASA’s Perseverance rover landed on Mars on Feb. 18, 2021. NASA/JPL-Caltech NASA on Monday released first-of-its-kind video of a spacecraft landing on another planet, as multiple cameras captured its Perseverance rover touching down on the surface of Mars. The U.S. space agency landed Perseverance on
Mark Cuban became a billionaire just before the dot-com bubble burst. In 1995, Cuban and a friend, Todd Wagner, started an internet radio platform called Broadcast.com. Four years later, Broadcast.com was acquired by Yahoo for $5.7 billion in stock, making Cuban a very wealthy man. Since then, the “Shark Tank” investor and Dallas Mavericks owner
HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC is due to report financial results for 2020 on Tuesday, during which the bank is expected to update investors on its business restructuring plans and whether it would resume dividend payments. Like many of its peers globally,
President Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President on Jan. 20, 2021 in Joint Base Andrews, Maryland. Pete Marovich | Pool | Getty Images Former President Donald Trump’s tax returns are back in the news. The Supreme Court rejected Trump’s efforts to
WASHINGTON, DC – FEBRUARY 22: U.S. President Joe Biden speaks during an announcement related to … [+] small businesses at the South Court Auditorium of the Eisenhower Executive Office Building February 22, 2021 in Washington, DC. President Biden announced changes to the Paycheck Protection Program aimed at helping small and minority-owned business to qualify for
An allure to small town living. (Photo by John Greim/LightRocket via Getty Images) LightRocket via Getty Images Talked about for decades, remote work has finally gotten its big start with the Covid emergency. Lockdowns and quarantines have forced just about any who can to work from home to do so. Commercial office space has emptied,
A view of the Regal Loews Cinemas movie theater in Times Square in New York City. Noam Galai | Getty Images After nearly a year of closures, New York City cinemas will be permitted to open on March 5, Gov. Andrew Cuomo said Monday. Movie theaters in the city will be allowed to operate at
Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced the industry to slash its overall exposure to stocks, leading to an underperformance in 2021. Last month, an army of retail investors who coordinated on social media managed to push GameStop shares up 400% in
Janet Yellen, U.S. President-elect Joe Biden’s nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both
Israel “Izzy” Englander, chairman and chief executive officer of Millennium Management LLC. Ronda Churchill | Bloomberg | Getty Images The 25 highest-paid hedge fund managers made a record $32 billion in 2020, up more than 50% over 2019, according to Institutional Investor’s Rich List. A total of 15 hedge fund managers made $1 billion or
People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images President Joe Biden announced the “American Rescue Plan” in January, which includes raising the minimum wage
The smallest businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority owned firms as well as sole proprietors. For two weeks, starting Wednesday, the Small Business
Tetra Images | Tetra images | Getty Images A few years ago, I had a client tell me he invested in a fancy bowling alley — the new party hot spot in town. It’s since shut down. Another client shared that he joined the board of a start-up and they’re looking to raise capital. He
Old-fashion steel fountain pen with Form 1099-MICS words printed by typewriter getty Failing to send a 1099 can have some really nasty implications, so a lot of us are careful to not miss sending one out when required. Unfortunately, you can also get in trouble for sending one that should not have been sent if the
getty There’s a new sheriff in town when it comes to the 401(k) arena. It’s called a 401(k) Pooled Employer Plan (or “PEP” for short). The industry has been waiting for Congress to approve this next generation 401(k) for years. They finally did in 2019 and President Trump quickly signed it into law. So-called “open”