European stocks are set to open higher in a light trading session as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 is seen climbing 38 points to 6,530 and France’s CAC up 15 points at 5,552, according to index data from IG. The German and Italian markets are closed for
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For people staying safely at home this holiday season, new virtual tours let anyone with an internet connection tour famous Christmas destinations around the world. Homebound travelers can book live interactive tours with local guides to learn about everything from the religious sites of Jerusalem to the department store displays of New York City.
Carefully coordinate your strategy to deploy savings in retirement with the IRS rules on required … [+] minimum distributions. getty The IRS recently finalized new regulations that determine the minimum amounts that retirees must withdraw from their retirement accounts and include in their taxable income. These new rules will apply to withdrawals made during 2022
For many Americans, the classic carol “I’ll be Home for Christmas” will literally describe their plans this holiday weekend, as most opt to celebrate in place amid the ongoing pandemic. Only about a quarter of people nationwide will travel for Christmas and New Year’s, down from about one-third or so last year, and most of
Worker starts production of craft beer at a factory during covid-19 pandemic. getty After promising to work all night until an agreement was reached, U.S. senators passed a bill close to midnight Monday that grants permanent federal excise tax (FET) relief to brewers, distillers, winemakers and other alcoholic beverage producers. The Craft Beverage Modernization and
The Home Edit makes an Easy Gingerbread Brownie with Eggnog Frosting in their signature rainbow … [+] design. McCormick 2020 was an incredible year for Clea Shearer and Joanna Teplin who are best known as the professional organizing duo, The Home Edit. Netflix debuted their show, Get Organized With The Home Edit to much fanfare, and their second book, The Home Edit
U.S. stock index futures were slightly higher in overnight trading on Wednesday, ahead of the final trading day of the holiday-shortened week. Futures on the Dow Jones Industrial Average advanced 48 points. S&P 500 futures rose 0.12%, while Nasdaq 100 futures advanced 0.08%. The S&P 500 finished Wednesday’s session little changed — rising less than
Dr. Stephen Parodi, director of Kaiser Permanente’s nationwide Covid response, warned that new coronavirus case surges are imminent unless Americans change their behavior during a Tuesday evening interview on “The News with Shepard Smith.” “If we don’t make the choice now to change the future, then what I’m worried about is we’re going to see
John Moore | Getty Images News | Getty Images More than 20 million Americans are eagerly anticipating a $300 boost to their weekly unemployment benefits. The sum would nearly double weekly aid for the average worker and help lift millions out of poverty. But it’s unclear when exactly that cash will hit workers’ bank
The Internal Revenue Service (IRS) has issued new standard mileage rates for operating an automobile for business, charitable, medical or moving purposes in 2021. The IRS has issued new lower mileage rates for 2021. getty New IRS Mileage Rates The new IRS mileage rates apply to travel starting on January 1, 2021. 56 cents per
Amid this surging pandemic, millions of people justify travel, visiting aging loved ones, and ignoring CDC warnings about spreading the disease. Thanksgiving was followed by a surge in cases, a percentage of which result in hospitalizations. The predictable effect is that hospitals are overwhelmed, there are not enough nurses and doctors to staff the overflowing
With forbearance, borrowers hit pause on their monthly loan payments. Getty The Department of Housing and Urban Development recently announced that the Federal Housing Administration is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021. The moratorium is for single-family home borrowers with FHA-insured mortgages to
CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about the new Covid strain in the U.K. Carnival and Norwegian Cruise Line popped more than
Dr. Atul Gawande, a coronavirus advisor to President-elect Joe Biden, told CNBC on Wednesday he participated in Moderna‘s Covid-19 vaccine trial. “My mother, at 84, said, ‘I want to give back,’ so she signed up for the trial. I said if my mom can do that, then I’ll sign up for a vaccine trial,” Gawande said
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images As the year comes to a close, Wall Street is watching for a possible Santa Claus Rally. Historically, stocks tend to rise during
America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to the survey of households with investible assets of at least $1 million. Nearly a third
Phil Murphy, governor of New Jersey, speaks during a fiscal year 2020 budget address at the New Jersey State Assembly chamber on March 5, 2019. Ron Antonelli | Bloomberg | Getty Images A group of states joined a U.S. Supreme Court battle that could determine whether jurisdictions can tax the income of remote workers who
nd3000 | iStock | Getty Images Start young. Look away from your 401(k) when the market freaks out. Don’t sell. A lot of the investment advice you hear probably has to do with saving for retirement. Yet many people need to use the market’s returns to achieve other goals, too. Often it also makes sense
getty It’s generally a bad idea to name a trust as beneficiary of your IRA. The IRA usually loses the power of tax deferral, because it must be distributed faster than in other scenarios. There are only a few instances when a trust as beneficiary avoids this problem, A recent IRS ruling gives an example,
The CEO had to make the staff furlough decisions, the downsizing in footprint, the marketing … [+] workarounds as soon as the seriousness of the problem came into focus. getty In 2020, leadership really mattered. Economically and medically, leadership really mattered. At the national level, where we lacked it, at the New York state level,