zimmytws | iStock | Getty Images The Social Security Administration has sent information to the IRS that will help clear the way for almost 30 million people to receive their $1,400 stimulus checks, lawmakers said on Thursday. The development comes after Democratic leaders on the House Ways and Means Committee gave the agency 24 hours
Month: March 2021
Within the last five years, the voices calling for the repeal of sales and use taxes on menstrual hygiene products (MHPs) have grown louder and more insistent. And they are being heard. Since 2016, of the 45 states and the District of Columbia that levy sales and use taxes, 15 (including the District) have exempted
Anna Lowder and her husband Harvi Sahota are the Town Founders of Hampstead, and lead the town planning, design, construction, marketing, and placemaking of the community. With over 15 years of New Urbanist development experience, Hampstead is the culmination of their effort in “Building Community Through Design.”. Can you describe the project briefly? Hampstead is
President Joe Biden visits W.S. Jenks & Son, a Washington, D.C., hardware store that benefited from a Paycheck Protection Program loan, on March 9, 2021. Mandel Ngan | AFP | Getty Images The Senate on Thursday voted to extend the Small Business Administration’s Paycheck Protection Program just a week before it was slated to expire.
Today’s column addresses questions about how stopping work years before claiming benefits can affect benefit rates, when exactly to submit an application to begin benefits the mont you turn 70 and potential effects of marriage on existing benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Score media and Gaming rings the opening bell at the Nasdaq on March 16th, 2021. The Nasdaq Build it slow. That’s how media company theScore wants to establish its gambling asset as the Canada-based company is now fully active on the U.S sports betting and public markets landscape. “That’s how we built our success with
Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Thursday reported quarterly earnings that topped analysts’ expectations as customers visited Olive Garden and its other chains more than expected. The company is forecasting that its fiscal fourth-quarter results
Darren Westlake, co-founder and CEO of Crowdcube, at a fintech conference in London, on April 12, 2017. Simon Dawson | Bloomberg via Getty Images LONDON — British start-up crowdfunding platforms Crowdcube and Seedrs agreed Thursday to terminate their £140 million ($192 million) merger, a day after regulators raised competition concerns with the deal. The U.K.
Fueled by Covid vaccines, flexible cancellation policies and people yearning to break free from home, the summer travel season is already booming for some parts of the travel industry. A survey from research company Toluna indicates Americans are gaining confidence to travel with each passing month, with 27% comfortable to travel in April and 42%
An RS1 rocket booster undergoes acceptance testing. ABL Space Rocket builder ABL Space closed a $170 million round of funding, the company announced on Thursday, making it the latest private space venture to reach the unicorn valuation mark. ABL raised the funds from T. Rowe Price and Fidelity Management, as well as a third unnamed
Getting America vaccinated will go a long way toward helping the country return to some sort of normal. Already, employers such as Instacart, Target, Trader Joe’s, Chobani, Petco, Darden Restaurants, McDonald’s and Dollar General are among a growing list of companies giving workers time off and extra money to get vaccinated for Covid-19. Kroger is awarding employees $100 in store credit in addition
Despite the narrowest of margins in both houses of Congress, Democrats want to enact a sweeping, radical agenda that would remake the country. That’s why they want to abolish the filibuster. Instead of having to attract 60 votes to pass a measure in the Senate, Democrats would only need 51. Properly employed, the filibuster insures
Erik Hayden is the Founder and Managing Partner of Urban Catalyst. A global pandemic, contentious politics and natural disasters — what haven’t we experienced this past year? It seems like the whole world is focused on what this new year has in store. But when it comes to commercial real estate development, our view shouldn’t be
The debate between active vs. passive investing is often framed within the context of which is better. But advocating one approach over the other isn’t necessarily helpful for new investors. Instead, what is often most helpful to these investors is a discussion that helps them understand the differences between each approach, as well as when
A healthcare worker prepares to inject an AstraZeneca coronavirus disease (COVID-19) vaccine. Eloisa Lopez AstraZeneca issued updated Phase 3 trial data for its Covid-19 vaccine on Wednesday after facing criticism earlier this week over a preliminary report. The company now says its vaccine is 76% effective in protecting against symptomatic cases of virus. A release
Wells Fargo Securities’ Chris Harvey is building a major part of his strategy on a consumer comeback. From hotels to casinos to restaurants, many of this year’s winning trades will involve spending outside the home, the firm’s head of equity strategy predicts. “We really want exposure to the consumer,” Harvey told CNBC’s “Trading Nation” on
A 21,000-square-foot megahome in South Florida is the most expensive non-oceanfront home ever sold in Delray Beach, and its $19 million sale price makes it the the town’s top sale in over three years, according to the MLS. “Resort-style living is a driving force in the ultra-luxury market,” listing agent Senada Adzem tells CNBC, “People are rethinking
A Fidelity Investments location in New York. Scott Mlyn | CNBC Fidelity Investments is preparing to launch its own bitcoin fund as the investment giant works to cement its clout in the market for digital assets and virtual currency. FD Funds Management, a subsidiary of Fidelity, said on Wednesday that it plans to provide financial
Samuel Corum/Bloomberg via Getty Images The IRS had a backlog of almost 12 million paper tax returns from individuals and businesses as of Christmas, according to a report from the Treasury Inspector General for Tax Administration. As a result, many taxpayers may not have gotten refunds owed from last year’s filing season, the watchdog said
Two weeks after the American Rescue Act, which authorized round 3 stimulus payments of $1,400, was signed into law, nearly 30 million Social Security beneficiaries are still waiting for their third round stimulus payments, says Rep. Richard Neal, chair of the Ways & Means Committee, who is blaming the Social Security Administration. In a letter
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