d3sign | Moment | Getty Images Around 4 million children in low-income families are at risk of not getting a monthly payment of the expanded child tax credit this year, according to a report published Thursday by the Center on Budget and Policy Priorities. The IRS began issuing monthly payments of the tax credit on
Month: July 2021
The headlines about corporate tax would have you believe that the world was finally starting to agree on some standards for global corporate tax rates. With the U.S. leading the charge for a 15% minimum rate, the G7 quickly got on board and the G20 agreed shortly thereafter. It looked as though an issue that
Lake Tahoe, and the town of Truckee to the north, has long been known as a weekend and vacation spot, where residents of the San Francisco Bay Area could escape via Highway 80 to ski in winter and hike in summer. ADVERTISEMENT Like many communities, the increasing acceptance of remote work has seen Lake Tahoe
Professional sports leagues are uniquely positioned to track breakthrough Covid cases because they test thousands of athletes consistently, according to Dr. Robby Sikka, a physician who has worked with numerous NBA and NFL teams. Sikka told CNBC that the highly transmissible delta variant is “absolutely” driving most of the Covid breakthrough cases he’s studied. “Delta
In this article AMZN Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon is set to announce its second-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $12.30 per share, according to analysts surveyed by
In this article @DJ.1 @ND.1 @SP.1 AMZN Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes traded mixed at the start of the overnight session Thursday evening as a soft earnings report from Amazon threatened to curb Wall Street’s otherwise strong July on the month’s final day of
Bill Hwang in 2012 Emile Warnsteker | Bloomberg | Getty Images A charity founded by Bill Hwang, a longtime financial executive under scrutiny for a round of trades that sent the market into a tailspin, saw its assets soar by over $100 million just two years prior to the meltdown on Wall Street. The new
A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Image source: Eric Audras | ONOKY | Getty Images There appears to be a lack of understanding among investors about some of the fees they pay. Nearly half (47%) of investors mistakenly think the cost of investments like mutual funds and exchange traded funds generally are included in the fee they pay to their advisor
Yury Karamanenko | iStock Editorial | Getty Images The national ban on evictions will expire in two days, leaving the millions of Americans who are still behind on their rent at risk of being forced out of their homes. But some states will continue to limit the proceedings beyond July 31. In California, where as
Are you curious about crypto? There’s been a tremendous amount of hype about how cryptocurrencies are the “next big thing” in the digital revolution, and how they have the potential to transform not just traditional financial services, but also other industries. A number of high-profile celebrities have endorsed both cryptocurrencies and crypto companies. There are
A year after many public pools across the country shuttered due to the pandemic, some of them are being forced to close again thanks to the ongoing shortage of chlorine. Those that aren’t closing are warily keeping an eye on the rising cost of chlorine, which has nearly doubled in some places. “For the past
The Biden administration announced Thursday that it will permit a nationwide ban on evictions to expire Saturday, arguing its hands are tied after the Supreme Court signaled the moratorium would only be extended until the end of the month. According to The Associated Press, the White House said President Biden would have preferred to extend
In this article PFE A man receives his third dose of COVID19 vaccine at Sheba Medical Center on July 14, 2021 in Ramat Gan, Israel. Amir Levy | Getty Images Israeli health officials plan to offer booster shots of the Pfizer–BioNTech Covid-19 vaccine to people over age 60 as the shot’s effectiveness appears to wane
In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
In this article HLT 9984.T-JP DIDI YUM Hilton Worldwide Holdings Inc. signage is displayed outside one of the company’s hotel locations in San Francisco. David Paul Morris | Bloobmerg | Getty Images Check out the companies making headlines in midday trading. Zoom Video — Shares of the teleconferencing company jumped nearly 5.5% after KeyBanc upgraded
Varda co-founders Delian Asparouhov, left, and Will Bruey. Varda Space Industries Varda Space Industries, a start-up founded less than a year ago by a pair with experience at Elon Musk’s SpaceX and Peter Thiel’s Founders Fund, has now raised more than $50 million as it works toward its first mission in the first quarter of
MoMo Productions | DigitalVision | Getty Images For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments. That can cause many a retiree a lot
Focqus, LLC | iStock | Getty Images President Joe Biden is calling on Congress to extend the national eviction ban set to expire in two days. “This moratorium prevented hundreds of thousands of Americans from experiencing the heartbreak, homelessness and health risks that too often emanate from evictions — particularly during a pandemic,” White House
Today’s column addresses questions about the potential to still take spousal benefits while delaying retirement benefits, how public pensions can affect spousal benefits and possible options when eligible for retirement and divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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