In this article SPRT The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of Support.com are poised to extend their massive GameStop-style rally as Reddit-obsessed retail investors zoned in on the heavily shorted software name. The
Month: August 2021
SDI Productions Expecting an enhanced write-off for charitable gifts in 2021? The deduction won’t look the same as it did in 2020, according to tax experts. As the pandemic ravaged American lives, Congress added a provision to the CARES Act to spark more charitable giving: an improved tax deduction for cash gifts up to $300
Here at AgingParents.com we see lots of problems. Real estate agents and elder-related issues are among them. This is a real case. Edward is 80 years of age, living in a senior’s home where he is able to care for his physical needs independently. But his mind is not as healthy as the rest of
For generations, it did not seem possible that college athletes could earn big before they went pro. Some star high school athletes skipped college for that reason. But now name image likeness deals—NIL for short—are OK, and some athletes will cash in big. Cash means taxes of course, and they can be a rude awakening.
This tidy residence in the western Swiss village of Etoy was built in 1830 as a sheepfold. At the time, Switzerland was largely rural. Shepherds would move their flocks seasonally — grazing them during the summer months in mountain pastures and moving them in the winter to valleys, where they maintained homes. Completely restored in
A nurse gives Sherri Trimble, 15, a shot of the vaccine at a vaccination clinic at Health First Medical Centre in Melbourne, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images A new CDC presentation says the data needed to properly evaluate Covid-19 vaccine booster shots for the general population is limited —
In this article BRK.A Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway’s annual meeting in 2019. Scott Morgan | Reuters Now 91, Warren Buffett is taking steps to make sure that Berkshire Hathaway — and his eventual successor — will be better positioned to
In this article PYPL SQ HOOD The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been exploring ways to let users trade individual stocks, according to two sources
Prostock-Studio | iStock | Getty Images If you get your health insurance through the public marketplace and are nearing age 65, don’t forget about Medicare. The general rule is that you must enroll when you reach that age unless you have qualifying coverage elsewhere — and plans through the exchanges (whether federal or state) do
In this article DNUT So, what’s better than one free doughnut? Two free doughnuts. With Covid-19 cases on the rise, Krispy Kreme is upping the ante to get vaccinated. From Aug. 30 through Sept. 5, the company is offering anyone with a vaccination shot two free doughnuts instead of just one. In March, Krispy Kreme was one of
Earlier this month, when the Bureau of Labor Statistics released its Consumer Price Index report for July 2021, headlines reported year-over-year inflation clocking in at 5.4% for the second straight month. This got many retirement investors asking questions about the impact of inflation on their portfolios. Asking questions is OK. Asking the wrong questions isn’t.
The United States has a long history of tax imperialism, stretching back over a century and coincident with the nation’s geopolitical ascendancy. Indeed, the two are intertwined; fiscal imperialism has bolstered America’s national might while also serving as an expression of that power. Scholars in many disciplines have studied economic imperialism for decades, but as Diane
In this article PTON Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton investors were in for a rude awakening on Thursday. Many expected to see the connected fitness equipment maker report slowing sales. Gyms have reopened, and outdoor
The market’s biggest bull predicts the S&P 500 will rally another 7%, but he warns a popular trade won’t be along for the ride. Wells Fargo Securities’ Chris Harvey recently cut software to underweight from neutral and declared it a crowded trade. He based the decision on technicals and earnings fundamentals and high valuations. “From
When it comes to a home with a celebrity pedigree worth boasting about, it’s hard to beat a box-office giant with an Oscar in hand. But this place also has a musician of note in its recent ownership history. Red Oak Manor is part of actor Leonardo DiCaprio’s real estate portfolio. He bought the Los
Traffic moves bumper to bumper along I-10 West as residents evacuate towards Texas before the arrival of Hurricane Ida in Vinton, Louisiana. Adrees Latif | REUTERS Hurricane Ida made landfall in Louisiana on Sunday as a Category 4 storm with winds of 150 miles per hour, one of the strongest storms to hit the region since
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Sunday as investors readied for the final trading days of August. Dow futures rose just 11 points.
Michele Treacy and family with her late father Col. Lester Marlon Romine Courtesy of: Michele Treacy Michele Treacy lost her father at the beginning of the pandemic. However, a delayed tax refund has prolonged the grief she and her family are feeling and prevented them from finding closure. Treacy’s father, Col. Lester Romine, 91, passed
Today’s column addresses questions about the effect of no longer earning income on Social Security benefits, spousal benefit eligibility when a spouse’s disability benefit converts to a standard retirement benefit and the potential availability of divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Canada and Mexico residents accounted for the largest segment of international investors in U.S. residential real estate over the last year, while overall foreign investment in properties dropped to its lowest volume in roughly a decade, according to a recent study from the National Association of REALTORS® (NAR). The 2021 International Transactions in U.S. Residential Real
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