By Richard Eisenberg, Next Avenue Editor Marny Xiong, Michael Halkias and Yves-Emmanuel Segui Amee Xiong, Todd Heisler, Segui family/The New York TimesMarny Xiong, Michael Halkias and Yves-Emmanuel Segui You can learn in The New York Times how many humans have died from the coronavirus from its Tracking the Coronavirus graphic (472,125 as of June 23,
Month: June 2020
Getty Will he or won’t he? That’s the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull extending the tax filing deadline for 2020. As it currently stands, the 2019 tax filing deadline remains July 15, 2020. Last year, the Internal Revenue Service (IRS) received and processed
A thing of the past? Music fans crowding the streets of Nashville will adjust to the new normal. Getty Images As cities around the country negotiate the stages of reopening for business after months of Corona virus-mandated shutdowns, special challenges confront metro areas that attract crowds of tourists. Nashville’s downtown, with its many bars and
Steven Mnuchin, U.S. Treasury secretary, speaks during a Senate Small Business and Entrepreneurship Committee hearing in Washington, D.C., U.S., on Wednesday, June 10, 2020. Al Drago | Bloomberg | Getty Images This tax season may look more like a tax year, as Treasury Secretary Steven Mnuchin weighs delaying the July 15 deadline once again. “As
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost 20.5 million jobs in April. This is the largest decline in jobs since the government began tracking the data in
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland. Denis Balibouse | Reuters Coronavirus outbreaks in the Americas haven’t reached their peak yet as the number of Covid-19 cases globally near 10 million, the World Health Organization warned
Many Wall Street analysts are warning their clients that a Biden presidency will not be good for the stock market. The former Vice President and presumptive Democratic nominee has pledged to roll back President Donald Trump’s signature tax cut legislation, which has boosted corporate profits, and if there is a blue wave in November, Democrats
TOPLINE The stock market plunged on Wednesday as Wall Street grew increasingly concerned about a spike in new coronavirus cases impeding an economic recovery. Several states are seeing record numbers of new coronavirus cases. Tayfun Coskun/Anadolu Agency via Getty Images KEY FACTS The Dow Jones Industrial Average closed down 2.7%, over 700 points, on Wednesday,
Department of Justice sign, Washington DC. Getty On June 19, 2020, the Tax Division of the U.S. Department of Justice filed a Petition To Enforce Summons against the Delaware Department Of Insurance, which seeks testimony and certain documents relating to Artex Risk Solutions, Inc. and Tribeca Strategic Advisors, LLC in connection with its promoter audits
NEW YORK, NY – MAY 28: Ryan Serhant is seen at photoshoot in soho on May 28, 2020 in New York City. … [+] (Photo by Raymond Hall/GC Images) GC Images While Bravo made Ryan Serhant a household name, it’s his innovative, forwarding-thinking approach to selling real estate that’s made him one of the top brokers in
Hundreds of unemployed workers wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II | Getty Images More than 1 million Americans have started dipping into an unemployment fund meant for extended periods of joblessness. Research suggests these individuals
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office. Now, as states start opening back up, it might
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
The 2019 Ford F-150 Limited pickup Mack Hogan | CNBC The importance of a new F-150 pickup to Ford Motor has never been greater. The automaker needs its highly profitable flagship product to drive a global restructuring plan and pay off debt related to the coronavirus pandemic. It also needs to convince Wall Street that
Jovita Carranza, head of the Small Business Administration, listens during a roundtable discussion with governors and small-business owners. Alex Wong/Getty Images Millions of small businesses have gotten federal aid to help weather the recession caused by the coronavirus pandemic. Despite that relief, many don’t expect to survive the crisis. Entrepreneurs who close their doors may
IRS’s 2020 RMD ruling favors those who took distributions in January and want to return those IRA … [+] funds. Getty Last April, in “Why the 2020 RMD Suspension is Not Fair to All,” I recounted the story of an early bird “RMD-er.” Ronald took his 2020 required minimum distribution (RMD) in January, as he has
TOPLINE President Trump has told his aides that he supports sending another stimulus payment directly to Americans, the Washington Post reports, even though some officials in his administration aren’t on board—the revelation comes as lawmakers disagree on how to approach the economy in the wake of the coronavirus pandemic. President Donald Trump speaks with reporters
Piquet Realty Founder and President. Skydiver, Ironman Triathlete, JiuJitsu Fighter and Race Car Driver on the weekends. Getty For real estate professionals, this is a time to reinvent ourselves with the tools we have available. It is no secret that the current situation we’re all facing together will bring about changes in every industry. From the
shapecharge The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for many, permanently. While stimulus checks and enhanced unemployment benefits have filled in some gaps,
Many businesses are using “the pandemic as a cloak” to cut jobs that they had wanted to cut even before the coronavirus outbreak, “Shark Tank” investor Kevin O’Leary told CNBC on Wednesday. “Their jobs will never come back,” O’Leary said on “Squawk Box.” ”This is great for earnings in the S&P. It’s not great for employment.” O’Leary said that
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