No-Mad | iStock | Getty Images The Biden administration is expected to announce a new federal eviction moratorium on Tuesday, according to a source familiar with the matter. The eviction ban will be targeted at areas of the country experiencing high levels of coronavirus infections. The protection will last for 60 days until Oct. 3,
Month: August 2021
Lawyers may throw around the term “diminished capacity” in dealing with elders because they have to be aware of elders signing things they may not understand. Lawyers are supposed to protect against that. Financial advisors use the term in a general way, suggesting that some people with this may need help from trusted others in
The Senate is poised to vote on an infrastructure bill containing tax-reporting “revenue” provisions that could have devastating effects on the business model of cryptocurrency products and services. The crypto community is rightly outraged over sweeping language that could harm not just cryptocurrency exchanges such as Coinbase (COIN), but the software developers and other small
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those assets include multifamily properties, that’s a challenging
When the world shut down in March of 2020 and students were stuck at home for months, it gave them time to rethink their career paths. And for some recent graduates, a traditional nine-to-five job wasn’t the answer. Some entrepreneurial students looked at the accelerated adoption of digital technologies, the flexibility of remote work, and
Afterpay’s buy now, pay later platform allows users to stagger the cost of purchases up to $1,500. Afterpay BNPL — it’s the latest series of letters taking Wall Street by storm. But what does it mean? And why are consumers raving over it? Like layaway plans of old that are now called point-of-sale loans, BNPL
Nikola Motor Company Source: Nikola Motor Company Electric vehicle start-up Nikola Corp. reported a narrower-than-expected loss for the second quarter, as the company continues vehicle validation testing and progresses toward delivering its first trucks to customers. Here’s how Nikola did compared with what Wall Street expected based on average estimates compiled by Refinitiv. Adjusted results:
d3sign | Moment | Getty Images A Senate infrastructure measure unveiled this week would pull $31 billion from a Covid disaster-loan program for businesses. The Economic Injury Disaster Loan program was one of the mechanisms Congress used to help ailing businesses stay afloat during the pandemic. It was initially plagued by issues such as delays
For decades, billionaire investor Ray Dalio has rubbed elbows with some of the most successful people in the world. Along the way, he’s learned a thing or two — including a habit that the “who’s who” (as he calls them) are just better at than the average person. “By and large,” Dalio tells CNBC Make
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
mphillips007 | iStock Unreleased | Getty Images When it comes to the lottery, it’s been a good year so far for Uncle Sam. Winners of Powerball and Mega Millions jackpots — worth an advertised $2.9 billion in all — have collectively paid roughly $515 million to the IRS in 2021 taxes. And that won’t be
Recent reporting with reminders about the potential power of the “Mega Backdoor Roth” conversion strategy in a 401(k) plan has been compelling. Who wouldn’t like to contribute as much as $58,000 to their 401(k) and not have to pay taxes in the future? Like most things in life, there are rules, caveats, and limitations. Unfortunately,
When not in government service Dawn Johnson, Acting Assistant Attorney General, has been a professor teaching constitutional law at the Maurer School of Law at Indiana University in Bloomington. That definitely shows in the Memorandum Opinion that she signed indicating that the Treasury Department should turn over tax returns filed by Donald Trump and some
Founding Partner of Craftwork. Craftwork partners with multifamily owners to reimagine the lobby and enhance the resident experience. Think of a superb hotel experience — one that makes you smile because of the intention and skill involved. For example, I will be a lifetime customer of the hotel where I proposed to my wife. The way
TOPSHOT – Aerial view shows an area completely destroyed by the floods in the Blessem district of Erftstadt, western Germany, on July 16, 2021. SEBASTIEN BOZON | AFP | Getty Images The 2021 holiday shopping season could be marred by out-of-stock goods and shipping delays as the recent floods in Europe and China exacerbate already
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program. The U.K.-based energy major said it will buy
The market appears to be doing something that happens ahead of corrections. When the S&P 500, Nasdaq and the CBOE Volatility Index rise together, BTIG’s Julian Emanuel warns it’s often a precursor to a 10% to 15% pullback. “Whenever we’ve seen that going back to the beginning of 2018, we were essentially weeks away from
In this article AXP The South Rim in Grand Canyon National Park in Arizona. Westend61 | Westend61 | Getty Images Summer travel is back, big time. That’s according to a survey released Tuesday by American Express Travel, where consumer travel bookings have reached 95% of May 2019 levels. But while affluent Americans are itching to
The economy is in a good spot right now, but Congress needs to act quickly to strengthen the recovery further. Millions of people are still looking for a job and face financial hardship such as evictions without continued strong economic growth. At the same time, the pandemic has changed face again with the Delta variant
While the White House and congressional Democrats are feverishly trying to enact massive, economy-killing tax increases, numerous states are going in the opposite direction by cutting them. These local officials recognize that reducing the tax burden on their citizens will give them more prosperity and the higher revenues that come with better times. Arizona, Ohio,