When COVID-19 closures first began back in March, residents of major cities like New York, San Francisco, Chicago, and Boston started heading out of town—some temporarily, some permanently. Rental buildings in New York City went from fully occupied and commanding top dollar to 50 percent vacancy, practically overnight. Many city-dwellers found themselves for the first
ESPN Monday Night Football Studio Analysts Louis Riddick during the NFL regular season football game between the Cleveland Browns and the San Francisco 49ers on Monday, Oct. 7, 2019 at Levi’s Stadium in Santa Clara, Calif. Ric Tapia | Icon Sportswire | Getty Images In 2020, the National Football League has certainly talked about its
Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of millions of doses. The vaccine is not yet approved in the U.S., with the FDA still to review large-scale trials. The stock was up 2% at
The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty and joblessness and created burgeoning
The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Student loan assistance, which started as a niche offering by a handful of companies, was already finding its way into the mainstream menu of workplace benefits before Covid
Organize a compilation of your 2020 trust planning now! getty So, you created one or more trusts in 2020 with interesting sounding acronyms: SLAT, DAPT, SPAT, etc. And now you are just happy to be done. Well, you are not done yet! You and your advisers should prepare a compilation of the planning documentation you have
getty 2020 has been an incredibly challenging year for all Americans. The pandemic’s impact on the physical, mental and financial health of the country has led many Americans to struggle to survive. As we come to year end, many Americans are taking one last look at their tax planning and considering what type of
The contemporary villa-style home, listed for about $3.93 million, takes in golf course and sea … [+] views from a hillside perch in Dénia, an all-season coastal community in Valencia, Spain. Immobiliaria Rimontgo If a perch where the Mediterranean stretches along the horizon is on your scorecard, cast your eyes toward this contemporary villa set
Decommissioned and suspended commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Christian Petersen | Getty Images News | Getty Images The Covid-19 pandemic has been brutal for U.S. airlines and significant relief isn’t expected until the second half of 2021. U.S. carriers’ 2020 net losses likely topped $35
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AMC Entertainment — Shares of the beleaguered movie-theater chain fell more than
Around 60% of the workforce has become remote amid the coronavirus pandemic. champja The coronavirus upended the way many workers do their job — whether in person or from home — and increased the time they spend doing it. In 2020, the average workday lengthened by nearly an hour, according to a working paper published by the National
Young graduates wearing rented gowns and mortarboards applaud a speech in the central hall of their … [+] university during their graduation ceremony, on 13th July 2017, at the University of York, England. (Photo by Richard Baker / In Pictures via Getty Images Images) In Pictures via Getty Images Before my wife and I got
getty The Internal Revenue Service (IRS) is emphasizing that no action is required by eligible taxpayers for the second round of Economic Impact Payments (EIPs, or stimulus checks). As noted earlier, initial direct deposit payments began arriving as early as last night for some and will continue into next week. Paper checks will begin to be mailed
Wide-angle aerial view over the Ed Koch Queensboro Bridge and Midtown Manhattan, looking west getty In a borough as vibrant and busy as Manhattan, it can be hard to imagine finding a home that has access to all of the city’s excitement while also possessing the look and feel of a residential neighborhood—but those living
A nurse prepares to administer the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London, Britain December 8, 2020. Frank Augstein | Reuters Doctors in the United Kingdom are pushing back on health officials’ decision to change the vaccine schedule on Pfizer’s Covid-19 immunizations, saying it fails to follow the “science.” U.K. health officials have decided
Check out the companies making headlines before the bell: Exxon Mobil – The energy giant will write down the value of its assets by up to $20 billion for the fourth quarter, mostly related to its natural gas assets. Exxon is, however, seeing a benefit this quarter from higher oil prices and improved margins in its
Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in January, when he made the
A student outside the closed Wilson Library at the University of North Carolina at Chapel Hill on Aug. 18, 2020. Melissa Sue Gerrits | Getty Images Despite a rocky attempt at reopening this past fall and a record number of coronavirus cases nationwide, the University of North Carolina at Chapel Hill has announced plans to bring
Economic Security Planning, Inc. Today’s column addresses questions about whether continuing to work ensures increased benefits, filing for reduced spousal benefits before a spouse passes away and the differences between restricted applications and filing for and suspending a retirement benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
SOPA Images/LightRocket via Getty Images If this time last year, you would have suggested that I would spend a majority of my time in 2020 away from my office and reliant upon the tax community on social media to help keep me both informed and sane, I likely would have laughed at you. Don’t get