A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures edged slightly higher in overnight trading after a rise in technology stocks boosted the Nasdaq Composite to its third-straight positive day on Thursday. Futures
Month: July 2021
Elon Musk is “pro nuclear.” So said Musk on Wednesday while talking about making bitcoin mining sustainable at at The B-Word conference hosted by the Crypto Council for Innovation. Nuclear energy is considered “clean energy” because generating nuclear energy does not release greenhouse gasses. But due to some high-profile accidents, legacy nuclear power plants can have
Mark “Forger” Stucky, after piloting the company’s first successful spaceflight on December 13, 2018. Virgin Galactic Mark “Forger” Stucky, Virgin Galactic‘s flight test director and pilot, is no longer with the space tourism company. “I am now a former Director of Flight Test and former SpaceShipTwo pilot,” Stucky wrote in a post on LinkedIn. He
kali9 | E+ | Getty Images Ah, summertime. It’s the perfect time to think about taxes. No, seriously. Some activities and pursuits that are more common during this season also may be things that impact your taxes, the IRS noted recently. And the sooner you evaluate how these endeavors will figure into your tax return
Today’s column addresses questions about when Social Security spousal benefits can be available, a reason there might be years with no income on a person’s Social Security earnings record and how much benefits are reduced for filing early. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Brooklyn Law School professor Steven Dean’s recent piece “A Plea to President Biden to Stop Perpetuating Racist Tax Policy” declares that failure to address racist domestic and international tax policies, like the disparities between the majority Black countries among blacklisted countries and tax havens such as Ireland and Switzerland, would prevent the fulfillment of President Biden’s promises to rid our nation of systemic
This 11th century chateau in Thuir, France, wears the scars of battle well. Attacked many times, the fort-like property still has cannonballs embedded in the walls. Set on the site of ongoing turf wars in the Pyrénées-Orientales, also known as Northern Catalonia, the once simple stone keep was fortified over the centuries. During World War
In this article FFIE Attendees look at Faraday Future’s FF 91 prototype electric crossover vehicle after it was unveiled at CES 2017 on January 3, 2017, in Las Vegas. Getty Images Faraday Future was expected to be the “next Tesla.” It was going to be a leader in electric vehicles with its groundbreaking FF 91
In this article Employees garnish pizza inside a Domino’s Pizza location. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its U.S. same-store sales climbed 3.5% in its latest quarter, despite tough comparisons to its skyrocketing sales during lockdowns last year. Shares of the company rose more than 1% in premarket
An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images Funding for blockchain start-ups topped $4 billion for the first time in the second quarter, despite a sharp slump in cryptocurrency prices. Companies in the nascent industry raised a record $4.38 billion, according to data from
martin-dm | E+ | Getty Images When Covid-19 hit early last year and most travel ground to halt worldwide, would-be vacationers scrambled to get refunds from hotels, airlines, cruise lines and other travel suppliers — or to file travel insurance claims for canceled trips. They often hit a wall on both fronts. Suppliers struggled, or
People frequently tell me that they took a financial action at least partly “because it would save a few tax dollars.” Too often, a careful analysis of the situation reveals the action leaves them with fewer after-tax dollars. A classic case is the mortgage interest deduction. People often believe that owning a home with a
n what many continue to term post-pandemic times, a commonly-asked question is whether the suburban housing boom will continue or downtown city living will make a vibrant comeback. With apologies to those who love the decisive ability to come down on one side or the other, it may be possible both outcomes will be realized.
In this article FB CMG Chipotle shares managed to pop double digits Wednesday because of the restaurant chain’s culture, CNBC’s Jim Cramer said. “This company has an extraordinary culture of customer-centric innovation, and that culture has been turbocharged since they hired Brian Nicoll as CEO when Chipotle’s stock was languishing the $200s after a series
Chinese authorities have promoted the use of the yuan worldwide, while the U.S. dollar dominates global transactions. Getty Images BEIJING — When it comes to the investment outlook, one Chinese economist predicts once-a-century opportunities will emerge from a “struggle for supremacy” between the U.S. and China. This game-changing window comes from upheaval on both sides,
A rally to prevent Massachusetts evictions in front of Boston Housing Court on Oct. 15, 2020. MediaNews Group/Boston Herald via Getty Images | MediaNews Group | Getty Images Biden administration officials urged states and cities on Wednesday to move quickly to get federal assistance out to the millions of households that are behind on rent
If you’re used to getting one refund check from the U.S. Treasury after you file your individual tax return with the Internal Revenue Service, you might be surprised this year to keep getting checks—or direct deposit payments. What’s going on? The IRS is still sending out third round stimulus payments, plus-up stimulus payments for those
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. As a real estate agent diving back into the post-pandemic era of socialization, are you finding it hard to transition back to in-person meetings and talking directly with clients? Last year, in response to Covid-19 lockdown orders, so many
Top infectious disease expert Dr. Anthony Fauci responds to accusations by Sen. Rand Paul (R-KY) as he testifies before the Senate Health, Education, Labor, and Pensions Committee on Capitol hill in Washington, D.C., July 20, 2021. J. Scott Applewhite | Pool | Reuters White House chief medical advisor Dr. Anthony Fauci said fully vaccinated people
In this article JNJ In this photo illustration a Johnson & Johnson logo is seen in front of a medical syringe and a vial with coronavirus vaccine. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Johnson & Johnson said Wednesday it expects to sell $2.5 billion of its Covid-19 vaccine, even as concerns
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