Hand holds documents Captive insurance about insurance. getty The Supreme Court rarely hears tax cases which makes the recent oral arguments in CIC Services v IRS exciting. That is about all that makes them exciting to ordinary mortals as what was going on at the Supreme Court was an argument about whether they could have
Month: December 2020
How will you upgrade your home in 2021? getty The relationship we all have with our living spaces has changed significantly this year. Thinking ahead to 2021, it’s time to re-evaluate how we live in our homes. But if 2020 has taught us anything, it’s that the future is impossible to predict. However, the one
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic confirmed its latest spaceflight test was cut short after its SpaceShipTwo Unity vehicle attempted to launch above New Mexico on Saturday. An unofficial webcast hosted by space enthusiast forum NASASpaceflight appeared to show the spacecraft’s engine aborted after
At 30 years old, Nick Molnar is Australia’s youngest self-made billionaire. The young entrepreneur shot to fame and fortune as the co-founder and co-CEO of Afterpay, a deferred payments platform that allows users to stagger the cost of their purchases over regular, interest-free instalments. This year, the company has surged under a coronavirus-induced shift to
Jeffrey Ubben Source: BusinessWire Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company. His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%. For-profit
Roger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel. Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy
An often-overlooked component of a comprehensive retirement plan is an estate plan. Most people are still employed when they begin their planning, and they see retirement as the next step in life’s journey. As I used to tell clients, however, “while I want to bet for you, not against you, it’s still important to consider
Office for Budget Responsibility (OBR) chairman Robert Chote at a press conference at the Institute … [+] for Government, London, as the organisation publishes its first Fiscal Sustainability report.Picture date: Wednesday July 13, 2011. Britain will effectively go bust if the Government does not offset the impact of an ageing population with increased taxes and
KB Homes’ optional “Home Office Package,” available in homes throughout their footprint. Many … [+] builders are now offering such packages, and are finding strong demand. Photo Credit: Applied Photography The work-from-home trend is going to change the landscape. Literally. Homebuilders today are developing on land that would ordinarily be a “long commute,” and the
The Food and Drug Administration vaccine advisory panel signed off on Pfizer’s Covid vaccine with a 17 to 4 vote, with one abstention on Thursday night. Dr. Archana Chatterjee, dean of the Chicago Medical School, was one of the four “no” votes. Chatterjee explained her decision during a Friday evening interview on “The News with
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney said its Disney+ streaming service now has 86.8 million subscribers, a number it says could grow to 260 million by 2024. The company said over the past 2 months, the service has added more than 13 million subscribers.
Tesla and SpaceX founder Elon Musk says the biggest problem with corporate America today is that too many business school graduates are running the show. “I think that there might be too many MBAs running companies,” Musk said Tuesday at the WSJ CEO Summit. This “MBA-ization of America,” isn’t great, Musk said, especially when it comes
People wearing face masks are seen inside a Tesla showroom at a shopping mall in Wuhan, Hubei province, the epicentre of China’s coronavirus disease (COVID-19) outbreak, March 30, 2020. Aly Song | Reuters Tesla’s entry into the S&P 500 could be anything but a quiet ride, and it is likely to put downward pressure on
U.S. Senator Bernie Sanders speaks at a protest calling for the Republican Senate to delay the confirmation of Supreme Court Justice Nominee Amy Coney Barrett at the U.S. Capitol on October 22, 2020 in Washington, DC. (Photo by Jemal Countess/Getty Images for Care In Action) Jemal Countess | Getty Images Entertainment | Getty Images The
Asian women have suffered more in this recession than in prior ones. getty This recession has brought a lot of suffering for people looking for a new job. This is especially true for many Asian workers. And things could get much worse for these workers, mainly women, as the labor market is slowing amid the
TOPSHOT – EDITORS NOTE: Graphic content / Bodies wrapped in plastic line the walls inside a … [+] refrigerated trailer used as a mobile morgue by the El Paso County Medical Examiner’s office in El Paso, Texas on November 13, 2020. – Due to a recent spike in coronavirus deaths, El Paso County officials have
The Seattle Metro looks to a 9.7 % increase in prices in 2021 getty Realtor.com looks to a strong seller’s market in 2021 in it’s Housing Market Predictions and Forecast. The median price is forecasted to rise 5.7% hitting a historic high. Mortgage rates for 2021 will go up later in the year to around
The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the U.S. economy. The FDA’s emergency use authorization will now kick-start the federal government’s distribution of
Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will replace Apartment Investment and Management Co. in the S&P 500 when the electric vehicle company
Throughout the pandemic, day trading has become extremely popular, especially among young people who, in most cases, have never invested in the stock market before. Coronavirus-induced lockdowns provided some with more time on their hands to try trading apps, like Robinhood, which are seeing a surge in business; millions of Americans are unemployed and may think
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