The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of Rocket Companies rallied more than 20% Tuesday in a surprising move on no apparent new news. The
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Customs and manners are so important to Japanese culture that many travel websites have sections dedicated to the topic. Japan is currently closed to international travelers, but the country is exploring ways to safely reopen before the start of the Tokyo Summer Olympics, which is scheduled for late July. Tourists aren’t expected to understand all
Luis Alvarez | DigitalVision | Getty Images The House of Representatives’ $1.9 trillion coronavirus relief bill includes a proposal that could help keep some seniors out of nursing homes. The bill calls for a 7.5% increase — or about $10 billion — in additional federal Medicaid matching funds for home- and community-based services. The extra
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about whether taking Social Security survivor’s benefits now would reduce retirement benefits taken as late as 70, whether and when Social Security recalculates benefits based on income and retirement benefits before divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and
An abstract painting depicting a scene from “Rocky” sits above the bar in the Beverly Hills-area … [+] home of actor Sylvester Stallone. Hilton & Hyland | Berlyn Photography 2021 Sylvester Stallone may be best known for playing fictional Philadelphian Rocky Balboa on the big screen, but when it comes to offscreen living, the box-office
On March 2, the IRS updated the Frequently Asked Questions (FAQs) on Virtual Currency Transactions. The new FAQ provides that taxpayers whose only crypto transactions include the purchase of virtual currency with real currency need not answer yes to the question on the front page of the 2020 IRS Form 1040. This instruction is directly
Chrysler Jefferson North Assembly Plant in Detroit, Michigan Bill Pugliano | Getty Images DETROIT – Manufacturing employees in the city, such as autoworkers, are now eligible to receive the Covid-19 vaccine without any restrictions such as age or proof of preexisting conditions. The expanded eligibility for Detroit manufacturing workers marks a major expansion for autoworker
U.S. stock futures rose slightly in overnight trading Tuesday after stocks dipped in the regular session. Dow futures rose 55 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.19%. On Tuesday, the major averages gave back some their sharp gains from Monday. The Dow Jones Industrial Average lost 143 points, pressured by
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s on Tuesday reported fourth-quarter earnings and sales that topped analysts’ estimates, and pointed to stronger growth in 2021. Its shares jumped nearly 2% in premarket trading. Here’s how the company did during
Japanese billionaire entrepreneur Yusaku Maezawa speaks at SpaceX’s headquarters in Hawthorne, California. Michael Sheetz | CNBC Japanese billionaire Yusaku Maezawa announced on Tuesday that he will choose eight members of the public to join him on his trip around the moon, scheduled to fly on SpaceX’s Starship rocket in 2023. “I’m inviting you to join
Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a
New York City Drew Angerer | Getty Images In the latest stimulus package making its way through Congress, there’s no extension of the national ban on evictions that is set to expire this month, meaning millions of Americans could be at risk of losing their homes as the Covid-19 pandemic still rages. President Joe Biden
Crypto has a low correlation with stocks. What does that mean? Mining rig in Norilsk (photo by Andrey Rudakov) © 2021 Bloomberg Finance LP Stocks, bonds, real estate, commodities. Bitcoin. Bitcoin? Is cryptocurrency an asset class deserving of a place in every endowment and retirement portfolio? There is now being built on Wall Street a
10’000 Hours | DigitalVision | Getty Images There is just over a week left of priority access to the Paycheck Protection Program’s forgivable loans for the owners of the nation’s smallest businesses. Last Wednesday, the Small Business Administration started only accepting PPP loan applications from firms with fewer than 20 employees. This priority period is
Tax Season Shutterstock Traders use various tax forms as the IRS hasn’t created specialized tax forms for individual trading businesses. Traders enter gains and losses, portfolio income, and business expenses on different forms. It’s often confusing. Which form should forex traders use? Which form is correct for securities traders using the Section 475 MTM method?
This kitchen reflects three of the top seven tile trends — oversized, stone look and blue hues! Techlam, Levantina – Tile of Spain If you’re planning a kitchen or bath remodel, you probably have a budget for tile. If you’re planning an outdoor living space, you may have one too, as pavers are growing in
1.8ml of Sodium chloride is added to a phial of the Pfizer/BioNTech COVID-19 vaccine concentrate ready for administration at Guy’s Hospital at the start of the largest ever immunization progran in the U.K.’s history on December 8, 2020 in London, United Kingdom. Victoria Jones – Pool | Getty Images LONDON — New data from England
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumult in the
People exit Target store in Midtown Manhattan on August 19, 2020 in New York. Eduardo Munoz Alvarez | Corbis News | Getty Images Target will report its fourth-quarter earnings before the bell on Tuesday, as it tries to sustain gains while pandemic-related tailwinds ease. The retailer will host a virtual investor day on Tuesday to
A Spire satellite pictured in orbit. Spire Global Small satellite builder and data specialist Spire Global is planning to go public, announcing on Monday that it is the latest among multiple space companies to merge with a SPAC. Spire Global is merging with special purpose acquisition company NavSight. When the deal closes, which is expected