Efforts to get Judy Shelton confirmed to the Federal Reserve just got a little tougher as one prominent Republican announced his opposition Monday. Sen. Lamar Alexander (R-Tenn.) said in a statement that he will oppose President Donald Trump’s nomination of Shelton as a Fed governor, CNBC’s Ylan Mui reported. That brings to three the total
Since the pandemic began, “my life has changed utterly,” Bill Gates said on an episode of the new podcast, “Bill Gates and Rashida Jones Ask Big Questions.” One of the biggest changes? The billionaire philanthropist and Microsoft co-founder said he hasn’t been to a physical office since March. “I’m kind of embarrassed to admit, there’s
Gregg Lemkau, co-head of investment banking for Goldman Sachs & Co. Christopher Goodney | Bloomberg | Getty Images Goldman Sachs is losing one of its top dealmakers. Gregg Lemkau, a nearly-three decade veteran of the bank and co-head of its powerhouse investment banking division, is leaving Goldman at the end of the year, according to
Aviation workers hold a protest organized by the Association of Flight Attendants outside the U.S. Capitol in Washington, D.C., on Sept. 9, 2020. Saul Loeb | AFP | Getty Images Washington lawmakers have worked to come to an agreement on the next coronavirus relief package for months. Post-election, those talks could get shaken up by
Customers dine at Momofuku’s outdoor seating in the East Village as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 26, 2020 in New York City. Alexi Rosenfeld | Getty Images Goldbelly is adding chef David Chang’s Momofuku to its national delivery service as the coronavirus
WILMINGTON, DELAWARE – NOVEMBER 10: U.S. President-elect Joe Biden addresses the media about the … [+] Trump Administration’s lawsuit to overturn the Affordable Care Act on November 10, 2020 at the Queen Theater in Wilmington, Delaware. Mr. Biden also answered questions about the process of the transition and how a Biden Administration would work with
Investment Specialist, Team Denver Homes - RE/MAX Professionals. getty Wherever you are on your real estate investment journey — whether you’re a first-time homebuyer or a seasoned investor — you need to be thoughtful and strategic about how you spend your hard-earned money. You have many different investment routes to choose from, which can sometimes be overwhelming
getty Something odd happened last week. Something dramatic. Something that hasn’t happened in more than a decade and, arguably, not to this degree in nearly twenty years. It’s called “rotation.” It’s not a new thing, and it has certainly occurred in much narrower market segments. But this is the first time in a long time
Beyond Burger launches new meatier burger. Source: Beyond Burger Beyond Meat’s line-up of meat substitutes will soon include two new versions of its Beyond Burger. The new burgers are meant to offer consumers more choice and will launch nationwide early next year. Beyond said that one of the patties is its juiciest yet but has
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday. Headquartered in Houston, Texas, BBVA USA Bancshares has $104
Jay Clayton, who has led the Securities and Exchange Commission for the past three and a half years that included a number of major changes in financial markets, said Monday he will step down at the end of the year. “Working alongside the incredibly talented and driven women and men of the SEC has been
Shapecharge It’s not uncommon to want to move money from a workplace savings plan to an individual retirement account when you leave the company. Yet if you’re not careful while doing that rollover, you can make costly errors or lock yourself into something that can’t be easily undone. The key is to avoid any tax
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. getty This year has brought about some of the biggest changes the world has ever seen and that’s especially true in the rental market. Over the past ten months, we’ve seen national eviction moratoriums, double-digit delinquency rates in
New nationwide poll shows 1 in 3 people over the age of 65 think they can just “snap out” of their … [+] depression. getty A new national poll found that almost two out of three Americans age 65 or older who are worried about having depression won’t go get treatment and a third believed
An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images Emirates is working with global pharmaceutical companies, including Pfizer, to address the logistical challenges of distributing coronavirus vaccines, according to Emirates President Tim Clark. “The industry is trying to establish best practice involving the third-party
Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures rose on Sunday night as traders assessed a sharp market rotation that led to a mixed weekly performance last week. Dow Jones Industrial Average futures were up by 202 points, or 0.7%. S&P 500 futures traded 0.7% higher and
Close-up of Conservation easement with pen getty There is a sign that the IRS is raising the stakes in its attack on syndicated conservation easements (SCE). Jennifer Black, (Senior Counsel Procedure and Administration) authored two chief counsel advices CCA 202044009 and CCA 202044010 in response to National Fraud Counsel Carolyn A. Schenck. Ms. Schenck was asking about
IRS announced the retirement contribution limits for 2021. getty The Internal Revenue Service (IRS) recently announced some adjustments to the income limitations on retirement account contributions for 2021. These changes were in the works regardless of who won the 2020 presidential election. President-elect Joe Biden has laid out ambitious plans to improve retirement savings rates,
President-elect Joe Biden discusses protecting the Affordable Care Act (ACA) and his health care plans during a news conference in Wilmington, Delaware, November 10, 2020. Jonathan Ernst | Reuters President-elect Joe Biden’s coronavirus advisors will meet with the leading drug companies developing coronavirus vaccines this week, Ron Klain, Biden’s newly selected chief of staff, said
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images The Democrats have gained control of the White House, and Wall Street appears to be on board. Although President-elect Biden will have to grapple with the ongoing coronavirus