A patient lies on a stretcher in a hallway near other patients in the overloaded Emergency Room at Providence St. Mary Medical Center amid a surge in COVID-19 patients in Southern California on January 5, 2021 in Apple Valley, California. Mario Tama | Getty Images Nearly 3,000 people in the U.S. are dying every day,
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla remains on watch after rising for 10 sessions in a row, surpassing Facebook (FB) in market value, and making CEO Elon Musk the world’s richest person. The company’s shares rose 3.8% in premarket trading as of 7:35 a.m. ET.
“As awful as this pandemic is, climate change could be worse.” So says billionaire philanthropist Bill Gates in a recent blog post. “A global crisis has shocked the world. It is causing a tragic number of deaths, making people afraid to leave home, and leading to economic hardship not seen in many generations. Its effects
Jersey City, New Jersey. Dong Wenjie | Moment | Getty Images Whether they were tired of the chilly winters or the high income taxes, a lot of residents fled New Jersey, New York and Illinois in 2020. New Jersey was the top “outbound” state last year, according to an analysis of 2020 moving data by
A series of strategies for tax-wise investors. Table of Contents. 501(c)(3) Associated Press “Qualified charitable distribution” is tax jargon for money you send directly to a charity from your pretax retirement account. This beats taking the money into your bank account and then writing a check to the charity. With the QCD, you keep the
A series of strategies for tax-wise investors. Table of Contents. Entrepreneurs (Photo by Tom Munnecke) Getty Images To help entrepreneurs, Congress has granted a tax exemption on capital gains from small companies. Small here is defined as having no more than $50 million in assets when an investor buys in. The deal is codified in
Sold house sign on house in a sellers market. getty The 2020 housing market was a year of extremes. Within the span of just a few months, we saw homes bounce between hit decade highs and decade lows. Going into 2021, economists and industry players project home prices will continue rising by 5.7% in 2021 and that
A flight attendant gathers trash on a flight aboard a Boeing 737 Max from Dallas Fort Worth Airport to Tulsa, Oklahoma, December 2, 2020. Carlo Allegri | Reuters The head of the Federal Aviation Administration on Saturday said travelers will face serious consequences for unruly behavior on aircraft, a stern warning that comes after several
Check out the companies making headlines in midday trading. Tesla — The electric vehicle company surged more than 7% to a new record high. Tesla’s market capitalization jumped above $800 billion for the first time on Friday, making the company more valuable than Facebook, and the fifth-most valuable component of the S&P 500. Evercore ISI
Make an estimated tax payment If you’re like nearly half of Americans, you can’t remember the last time you updated your withholding, which tells your employer how much federal income tax to take out of your check. “Inaccurate withholding can lead to an unpleasant surprise come Tax Day,” says Gregory Anton, chairman of the AICPA’s
The Going Jessies. Derek Wood (center), Angela Paradis (right) and James Breeding (left) Photo: Derek Wood Derek Wood was about to achieve a lifelong dream. Unemployment benefits may prove to be his foil. Wood, 49, a guitar player and songwriter from the Little Rock, Ark., area, who sings with a soulful country-blues croon, quit his
A series of strategies for tax-wise investors. Table of Contents. Gig. (Photo:Damian Dovarganes) ASSOCIATED PRESS Moonlighting yields some nice tax dodges. With side income you can: —deduct things you couldn’t from a salary, —grab a 20% “pass-through” freebie, —stuff savings into a Roth account. Say you and your spouse raise Yorkshire terriers. Income from that
Lawsuit form an a desk with pen and calculator getty Things have not been great for the syndicated conservation easement (SCE) industry. Late in December, two accountants who focused on SCE pled guilty to conspiracy. The circumstances of their pleas indicate that they are cooperating with the prosecution. The latest is that David Deary’s firm
Liam Payne performs on stage during day one of Capital’s Jingle Bell Ball with Seat at London’s O2 … [+] Arena. PA Images via Getty Images Here’s one New Year’s resolution Liam Payne can already cross off his list. The singer-songwriter of One Direction fame has sold his scenic retreat in the mountains above Malibu
The Gundam warrior robot in Yokogama’s Ymahita Habor is a big attraction for Japanese Sci-Fi fans. Photo: Tim Hornyak When Boston Dynamics posted its latest video of its robots performing gravity-defying acrobatics, this time dancing to The Contours’ “Do You Love Me,” the internet was agog. A YouTube clip of Atlas and Spot robots moving
William Li, founder and chairman of Nio, shares features of the et7 sedan at a launch event in Chengdu, China, on Jan. 9, 2021. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up Nio released its first sedan on Saturday with self-driving technology features that the company claims surpass that of Tesla. Pre-subsidy prices
The price of bitcoin hit a record high of over $41,000 on Friday, according to CoinDesk. It now has a market value of over $700 billion, and, as a result, pushed the value of the entire cryptocurrency market to surpass $1 trillion for the first time. If you listen to bitcoin bulls, it’s just the
Daniel Loeb, chief executive officer of Third Point LLC, speaks at the Skybridge Alternatives conference in Las Vegas, May 18, 2017. David Paul Morris | Bloomberg | Getty Images In light of the global pandemic, it comes as no surprise that activism in 2020 was down. There was less 13D activism, less UTT-activism and less
Drew Angerer | Getty Images News | Getty Images No, you didn’t hit the $520 million Mega Millions jackpot. The lottery game’s top prize has climbed to a whopping $600 million for Tuesday night’s drawing, following no ticket matching all six numbers drawn Friday night. The amount marks the 8th-largest jackpot in lottery history. And
Marc Romanelli | Tetra images | Getty Images The Covid-19 crisis has hit Latino small businesses particularly hard, including not being able to access PPP funding at a similar rate to other business owners. And many individual proprietors or small, family-owned businesses may feel the impact of Covid more directly, as the pandemic has disproportionately