In this article .SPX .IXIC .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 30 points, or 0.09%. S&P 500 futures shed 0.09% and Nasdaq 100 futures ticked
Month: May 2021
If the name Caroline D’Amore sounds familiar, it’s because you may have heard of her family’s pizza restaurant D’Amores, which has been a Los Angeles staple for years. She’s also acted in films, modeled, and even toured around the world with Paris Hilton as a DJ. But 2021 might just be her year. In addition to being the
The pandemic has caused many people to assess their priorities, and if you are considering retiring earlier than originally planned, you aren’t alone. Whether your job has changed due to COVID and is no longer as appealing or you’d simply like more time to spend with family, leaving the workplace before age 65 may suddenly
It is no secret that the IRS wants you to report your crypto gains. You can report crypto losses too, but the IRS cares less about that. The government still seems to think millions of transactions and dollars might still be unreported. You might think you won’t be caught, but the risks are growing. The
Covid-19 vaccination drive at a Government health centre during Covid-19 emergency in Kolkata, India, 03 May, 2021. Pfizer in talks with India over expedited approval for Covid-19 vaccine according to an Indian media report. Indranil Aditya | NurPhoto | Getty Images India’s economy is expected to have improved in the three months that ended in
No-Mad | iStock | Getty Images More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national eviction ban expires in June. The Centers for Disease Control and Prevention’s eviction moratorium, which has been in effect since September, will lift on June 30. Although the
Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn of the 20th century, the Greenwood
R.Tsubin | Moment | Getty Images The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, offer investors a way to shield income from tax authorities. In that way, the crypto economy contributes to
Millions of Americans will be taking the opportunity to barbecue with friends today. Others will be observing the solemn occasion with a visit to a national site honoring fallen warriors. For those in the fitness world, Memorial Day is often kicked off with a challenging workout of the day called “Murph.” The Murph Hero WOD,
I’m not a couples therapist, but I am one of many financial advisors who’ve heard, “This has been better for us than couples counseling,” after a productive financial advisory meeting. With more than half of marriages ending in divorce, and with disagreements over money listed as the leading cause, it’s no wonder that if you
Lee Hsien Loong, Singapore’s prime minister. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong said Monday that the country’s Covid restrictions may be relaxed after June 13 if the situation improves. “Barring another super-spreader or big cluster, we should be on track to bring this outbreak under control,”
In 2007, Donald Wexler, the late Mid-Century architect (a protegee of Richard Neutra and William Cody) who helped shape Palm Springs’ Modernism movement, designed a Hollywood Hills compound for his son, international photographer and director Glen Wexler. “Donald Wexler worked together with Glen, who wanted a very specific live-work space. That is what the design
If you received a Paycheck Protection Program (PPP) loan, but did not deduct payroll expenses on your 2020 tax return, this is what you need to know. First, the IRS completely changed its guidance on deductibility of 2020 expenses due to the enactment of legislation in late 2020 (see “Current Law,” below). Second, taxpayers who
Health workers wearing protective suits spray disinfectant on children during a government-imposed nationwide lockdown as a preventive measure against the Covid-19 coronavirus, on a deserted road in Kathmandu on May 3, 2020. Prakash Mathema | AFP | Getty Images Nepal underestimated its second wave of Covid-19 infections and needs to step up its efforts to
One of San Diego’s most celebrated resorts, the Town and Country recently debuted a multi-million dollar makeover guaranteed to attract guests and breathe new life into the area for a (semi) post-Covid world. The hotel’s historic complex is in the Mission Hills neighborhood, which is located between San Diego International Airport and the downtown Gaslamp
Today’s column addresses questions about potential effects of having filed early, making sure your benefits are actually suspended even if a representative mistakenly says you can’t suspend them and potentially available benefits on an ex’s record. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
In a recent case, a bankruptcy court had to consider whether to allow a debtor in a Chapter 13 plan to make voluntary contributions to her retirement plan. This is an interesting and important issue, particularly for retirement planning and retirement preparedness. Indeed, saving in an employer-sponsored retirement plan with its attendant benefits—such as employer-matching
Social media personalities Dixie D’Amelio and Noah Beck at Disney California Adventure Park at the Disneyland Resort on May 2, 2021 in Anaheim, California. Handout | Getty Images Entertainment | Getty Images The Covid pandemic made the past 14 months a literal roller coaster of a ride for both theme parks and their fans. Parks
Even though they’ve been around for decades, 529 college savings plans are still often misunderstood. The investment vehicles are a tax-advantaged way to save for college or other schooling. Earnings are free from federal tax and the funds aren’t taxed when taken out to pay for qualified expenses. Yet only 36% of Americans can correctly
In this article GS BAC JPM U.S. banks are likely to report “record level” earnings in 2021 as the American economy recovers and financial markets remain buoyant, according to the Institute of International Finance, an industry association. Tim Adams, chief executive of the IIF, said Friday that the improving economy will help bank lending and
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