Steven Mnuchin, U.S. Treasury secretary, holds up a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Have you received a pre-paid debit
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Getty The Internal Revenue Service (IRS) has announced a game-changer: later this summer, taxpayers will be able to file Form 1040-X, Amended U.S Individual Income Tax Return, electronically. Before this year, you could only amend your tax return by paper. At the best of times, that could mean a six-to-eight week wait for processing. And these are not
A Mamaroneck, N.Y. house on Long Island South with 7 bedrooms, 8 baths, on 1.269 acres. The asking … [+] price is $4,995,000 and a contract was signed on 5/11/2020. The house was originally listed in 2018 for $7.495,000 Coldwell Banker Over three days in April, National Football League commissioner Roger Goodell hosted the draft
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A
On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than
University of Michigan tiny-al | Getty Images Although the upcoming academic year remains in limbo, the University of Michigan said it is taking steps to bring students back on campus in the fall. “The average student is very anxious to get out of mom and dad’s basement and come back to school,” President Mark Schlissel
TOPLINE New York Governor Andrew Cuomo said in a press conference on Friday that his state is coming “close” to the bottom of the curve, with five regions now set to begin a phase 2 reopening. Most of the states regions have begun a phase 1 reopening. Chip Somodevilla/Getty Images KEY FACTS The number of
Getty As the country opens up from the Covid-19 lockdown, the Small Business Administration (SBA) continues to release FAQs for the Paycheck Protection Program or PPP loans. Yet the additional information being released is causing stress for both borrowers and tax professionals alike. “The guidance for the Paycheck Protection Program has to be the most
Pandemice-era lockdowns have heightened homeowner interest in highly customized kitchens featuring … [+] Italian craftsmanship. ITALKRAFT With COVID-19 forcing folks to hunker down over the past two months, kitchens around the country have become more than ever the heart of the home. They’re the focal point not just for cooking meals but for school work,
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 CAPE CANAVERAL, Fla. — SpaceX is going for its second attempt on Saturday to launch NASA astronauts after severe weather postponed
Check out the companies making headlines before the bell: Big Lots — Big Lots is the latest discount retailer to report a strong quarter amid the pandemic, earning an adjusted $1.26 per share compared with a 40 cent consensus estimate. Revenue exceeded forecasts as well, with same-store sales jumping 10.3% compared with a 1% FactSet
Like millions of people around the world, tidying expert and bestselling author Marie Kondo has spent the last few months working from home. To help her stay as productive and organized as possible, the wife and mom of two says she sticks to a strict routine to ensure that her work life doesn’t overlap with
As people find new ways to connect throughout the coronavirus pandemic, Tencent-owned TikTok — a platform that allows users to create short, 60-second videos — went from being an app on the rise to a stay-at-home staple. In fact, its popularity has exploded — in the month of March alone, 28.8 million unique U.S. users flocked to
If you’d like to make your kitchen or your beach house into your permanent office, think about what it might mean for your taxes. Social distancing orders in light of the coronavirus pandemic has forced companies to send workers home and have them work remotely. The trend might continue. Indeed, 3 out of 4 chief
Getty In an ideal world, every older household would have had a financial buffer to cushion the blow when the Covid-19 crisis hit. Every older worker knows there’s a risk of sudden shocks to income or health, and most try to have some savings or credit lines to tap in case of unexpected medical bills
Getty Images/iStockphoto Natural disasters have been a seemingly constant news fixture in recent years, including massive wildfires in California and Australia, Midwestern flooding, and the devastating 2017 hurricane season. And now, of course, we are battling the coronavirus (COVID-19) globally. Thankfully, there have been high-profile charitable efforts to assist the victims of these events. What many may
Los Angeles posted 15 percent listing price gains Getty Here’s some positive housing market news from realtor.com’ s Weekly Housing Trends Report for the week ending May 23. The numbers show more new listings than in previous weeks. That’s a sign of a market kicking into more of a recovery mode. Here are some
States across the U.S. continue to chart their own paths forward, trying to thread the needle between public health concerns and efforts to restart the economy amid mass unemployment. Another 2.1 million people filed jobless claims over the past week while continuing claims, or those who have been collecting for at least two weeks, reached 21.05 million,
The coronavirus crisis has Americans hoarding more money than ever before as widespread fear paralyzes consumer spending habits. The swiftness and severity of economic recovery in the U.S. hinges on whether consumers continue to stockpile cash or start to spend again. The personal savings rate hit a historic 33% in April, the U.S. Bureau of
CNBC’s Jim Cramer on Thursday recommended investors continue adding the remote work plays to their investment portfolios as the stocks pull back. “These stocks have been big winners since the bottom in March, and while many of them have fallen out of favor this week, I think that’s temporary,” the “Mad Money” host said after