Month: April 2021

As financial literacy advocates push for more personal finance education in schools, students are also joining the cause. Only 21 states require personal finance coursework to graduate high school, with just a handful mandating a stand-alone class, according to the Council for Economic Education. Yet research shows that those who have some financial education typically
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Which is better, using appreciated securities or an IRA? Here’s a calculator to answer the question. The 2017 tax law, with its huge standard deduction, did serious damage to the tax benefits of philanthropy: Now, for a lot of taxpayers, cash donations don’t cut any ice on a tax return. There are two countermoves. One,
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James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68%
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It’s a new legal development for private equity billionaire Robert F. Smith and his onetime mentor Bob Brockman, already accused of the biggest tax evasion in U.S. history. Yesterday, the U.S. Department of Justice announced the indictment of Carlos E. Kepke, a Houston tax attorney who prosecutors say conspired with Smith to hide $225 million in
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By Leslie Hunter-Gadsden, Next Avenue Amid the backdrop of dual pandemics (Covid-19 and structural racism), America’s racial, economic and age disparities have raised the urgency of organizations to address diversity, equity and inclusion (DEI). The Derek Chauvin trial and ongoing police violence make attention to DEI particularly critical. So, Next Avenue spoke to the four largest
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A homeless person wearing gloves and a protective mask sits with a sign that reads, “Seeking Human Kindness” amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Entertainment | Getty Images The Johnson & Johnson Covid vaccine pause may not significantly slow the overall pace
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Friends spending the weekend in the shopping mall martin-dm | E+ | Getty Images Company: Genesco Inc. (GCO) Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce operations; (ii) Schuh Group, which includes the Schuh
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Telecommunications giants Comcast CMCSA and Verizon VZ are the latest to sue Maryland over its first-in-the-nation digital advertising tax as the state moved to delay implementation of the controversial legislation this week. In a complaint filed Thursday, seven divisions of Comcast, along with Verizon Media Inc., asked the court to declare the tax illegal under
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