TOPLINE While many of the nation’s largest banks saw their profits plunge during the second quarter, trading revenues have surged, enabling banks to maintain strong capital positions and better position themselves to weather the coronavirus pandemic. Banks with a focus on trading are seeing better results than those with traditional lending … [+] offerings. Andrew
Month: July 2020
Getty July 15, 2020, marked the end of tax season for those taxpayers not on extension. The revised due date made for an interesting tax season, for sure, but even so, some things are universal – and that includes tax advice. I asked some of the best tax folks I know to share their top
Mike Hambright is a real estate investor, mentor and coach, and is the Founder of FlipNerd.com and the Investor Fuel Mastermind. Getty In the real estate investing industry, we all have different business plans and business goals. Some of us have a focus on building our rental portfolio, while others might want to wholesale everything for quick
As Covid-19 cases continue to rise and businesses struggle to adapt to their new normal, many Americans are stepping up to help people in their communities. From personal gestures to financial contributions, experts say giving back in many ways — big and small — can have a significant impact on your own well-being, emotionally and
Tax season is much later than usual this year. In March, the IRS announced that the federal tax filing deadline, which is typically in mid-April, would be pushed to July 15, 2020. The move, made in response to the coronavirus pandemic, gave Americans an extra three months to file their 2019 returns without incurring interest or penalties.
A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images While streamers have benefited from the influx of consumers stuck at home, platforms like Netflix are not immune to the woes of film and
An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its quarterly U.S. same-store sales soared 16.1% as more consumers ordered pizza delivery and takeout during the coronavirus pandemic. Shares were down 1.5% in morning
One of Wall Street’s top strategists is reining in her summer rally forecast. Ally Invest’s Lindsey Bell cites the spike in coronavirus cases across the country as the main catalyst behind her decision. “In the last couple of weeks, especially the last seven days, you’ve see a significant jump in virus cases,” the firm’s chief
By Liz Seegert, Next Avenue Contributor Getty When a loved one over 65 is discharged from the hospital, it usually falls to family members to continue care at home. That often means assisting with physical needs such as mobility or bathing, which can be a challenge for family caregivers if they’re not prepared to take
The IRS warns about the top 12 taxpayer scams. Getty Tax season is finally over, unless you opted for a filing extension until October 15, but tax scams are still brewing. The Internal Revenue Service released its annual Dirty Dozen tax scams today with a warning about aggressive and evolving schemes related to Covid-19 tax
Co-Founder & CEO of Replay Listings, a mobile-based platform to find rental apartments in New York City through unedited videos. Getty As the CEO of a real estate technology company focused on video listings, I’ve seen virtual tours that are so beautiful they make me want to buy that property. I’ve also seen some video tours
Brenda Pickens and her late husband, Howard. Source: Brenda Pickens It wasn’t supposed to happen this way. When 63-year-old Howard Pickens died suddenly of complications from Covid-19 in March, his wife Brenda was stunned. Not only had she lost her companion of almost three decades, she now had to figure out how to get by
Christie’s gamechangers sale includes rare Michael Jordan sneakers. The 1984’s game worn Air Ship sneakers are expected to fetch between $330,000 – $550,000. Source: Christie’s Michael Jordan game-worn collectibles continue to reach new heights, nearly two decades after the Chicago Bulls icon hung up his laces for good. On Thursday, Christie’s Auction House and Stadium
New York Governor Andrew Cuomo wears a protective face mask as he arrives to speak during a daily briefing following the outbreak of the coronavirus disease (COVID-19) in Manhattan in New York City, New York, U.S., July 13, 2020. Mike Segar | Reuters Gov. Andrew Cuomo said there was “significant evidence” restaurants in New York
James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galici | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.12 a
A vehicle is seen in a caravan protest asking the state of Florida to fix its unemployment system on May 22, 2020 in Miami Beach, Florida. Joe Raedle/Getty Images Florida’s unemployment office is cutting nearly 1,000 workers from its call center — around a quarter of its representatives — at a time when the state’s jobless claims
By Patti Temple Rocks, Author and Next Avenue Contributor Getty About 10 years ago, my boss, mentor and close friend Angelina — who was then in her early 50s — lost her job at our well-known and respected Fortune 50 manufacturing company after working her way up to the executive suite. In the year before,
In 1970, Philadelphia’s Franklin Institute got a Moog synthesizer—a giant, unwieldy computer that created music. The sound was weird and quite evidently electronic. My fellow high school science geeks and I found it endlessly fascinating. But we couldn’t imagine how wonderfully diverse and inventive electronic music would become. It’s grown into a mainstay of pop music and enabled
Aaron Galvin is the CEO & Founder of Luxury Living Chicago Realty, a multifamily consulting, marketing, branding and strategy brokerage. Getty Apartment hunting as we know it has changed. As the owner of a brokerage firm specializing in apartment leasing, I have seen the current pandemic dramatically shift how apartments are being marketed and leased. And
Yellow Dog Productions | Getty Images Medicare might become a bit easier to navigate. A congressional measure that would help prevent costly enrollment mistakes cleared a House committee on Wednesday as part of a group of bipartisan-backed health-care bills. The next step would be a vote by the full chamber, although it’s uncertain when that
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