Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. While the ETF’s constituents have yet to be announced, shares of space companies Virgin
US President-elect Joe Biden speaks at The Queen theater in Wilmington, Delaware on January 7, 2021, to announce key nominees for the Justice Department. Jim Watson | AFP | Getty Images President-elect Joe Biden’s stimulus proposal includes a bevy of tax credits aimed at stabilizing the finances for American families. Biden’s pandemic aid plan, to
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because
Charday Penn | E+ | Getty Images Small-business owners and side-gig hustlers are facing a major tax deadline. Filers who pay estimated taxes every quarter, including independent contractors and partners in business entities, owe their final payment of 2020 on Jan. 15. Generally, the other deadlines for quarterly taxpayers are April 15, June 15, and
With this understanding about how life insurance is priced, I can create a simple model to consider four different potential roles for this whole life insurance policy in retirement income planning. First, the death benefit for life insurance provides a method to meet a legacy goal using risk pooling and tax advantages that is distinct
Economic Security Planning, Inc. Today’s column addresses questions about when Social Security will recognize recent high income, what happens to benefit checks received in the month a person passes away and how the Windfall Elimination Provision (WEP) can affect benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
As real estate agents licensed by the New York Department of State, we need to know the difference … [+] between the truth and a lie. getty In real estate, the facts are the facts. As the country watched the drama unfold over the past week, first at the Capitol Building and now, perhaps, at
[This livestream is slated to begin at 11:30 a.m. ET. Please refresh the page if you do not see the player above at that time.] Jeff Bezos’ private space company Blue Origin is set to launch the fourteenth test flight of its New Shepard rocket booster and capsule, a system designed to carry people on
A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines said Thursday it halved its cash burn and narrowed its losses in the fourth quarter as the coronavirus pandemic drove the carrier to its worst year ever. The Atlanta-based airline posted a net loss of nearly
The logo for payments start-up Checkout.com. Checkout.com LONDON — Online payments firm Checkout.com is now Europe’s top tech unicorn. Checkout.com said Tuesday that it had raised $450 million in an investment led by Tiger Global Management — which is also an investor in rival payments giant Stripe — lifting its valuation to $15 billion. That’s
A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images Manhattan apartment rentals nearly doubled in December, signaling a possible turnaround in the city’s struggling real estate market. The number of new leases signed in December jumped
Mykola Tys/ | LightRocket | Getty Images Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin. The New York-based investment firm kicked off last year with $2 billion in assets and ended with more than $20.2 billion. That 900% increase was driven by demand from
Marcos Elihu Castillo Ramirez | iStock | Getty Images You might have heard that if your 2021 Medicare Advantage Plan isn’t a good fit, you can do something about it. During a window of opportunity that opened Jan. 1 and closes March 31, Advantage enrollees can drop their plan and return to basic Medicare (Part
Mature woman helping elderly mother with paperwork getty If you have bought into the idea that aging in place in the home you’ve maintained for 30+ years is the best answer to the question of where to live as you age, I can only conclude that you have decided it’s payback time for your children.
NEW YORK, NEW YORK: A person walks outside the Trump International Hotel & Tower (Photo by Noam … [+] Galai/Getty Images) Getty Images New York City Mayor Bill de Blasio has announced the city is severing ties with the Trump Organization by cancelling its remaining outstanding contracts. While the decision affects a relatively small amount
New York’s real estate market is about to wake up to a new day. Ariel Property Advisors Coming out of a year full of public health, social and economic adversity, New York’s real estate market is showing encouraging signs of life in 2021. The initial stages of the vaccine rollout signal a game-changer across the
SINGAPORE — Online travel agency Trip.com is “more confident than ever” that China’s domestic tourism will recover in the long run, chief executive Jane Sun said on Thursday. That’s despite fresh lockdowns in the country as new coronavirus cases emerge. “In the long run, we are very optimistic about the recovery,” Sun told CNBC’s “Squawk
The Kingdom Tower, operated by Kingdom Holding, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia, on Saturday, Jan. 9, 2016. Waseem Obaidi | Bloomberg | Getty Images Saudi Arabia’s central bank, the Saudi Arabian Monetary Authority (SAMA), is launching a framework for open banking in
While interest in getting vaccinated for Covid-19 might vary, the desire to travel largely does not. A study released by Hilton last October indicated that 95% of Americans miss traveling. But those who either can’t or won’t take a Covid vaccination may find themselves shut out of some routine travel experiences, such as flying, cruising
Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed