The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — Deliveries of what is essentially a hybrid electric car from U.S.-listed Li Auto surpassed those of rival start-up Xpeng for a second straight
Month: August 2021
The Senate released 2,702 pages of the latest version of the bi-partisan infrastructure bill early Sunday evening. Notably absent is funding for increased IRS enforcement, but notably included is increased information reporting for cryptocurrency exchanges, or “brokers” of cryptocurrency transactions. Increased information reporting necessarily includes increased information reporting penalties. And these particular information reporting penalties
Colorado’s Rocky Mountains provide seemingly endless opportunities for breathtaking vistas. This contemporary in Vail has the aspen, pine and craggy views for which the area is known — plus a bonus. Or make that two. The home is sited where a pair of creeks, the Gore and the Booth, meet. Architect Hans Berglund used floor-to-ceiling
In this article AMZN MSFT FB AAPL If you are an Apple shareholder who wondered after last week’s stellar earnings report why the value of your stock holding was going down rather than up, the reason given — that chip shortages will weigh on the short-term outlook — may not seem good enough. For a
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Square plans to buy Australian fintech company Afterpay as it looks to expand further into the booming
Whether you’re in the business of buying or selling a home, a crucial part of the process is to know as much as you can about the area’s local housing market. If you’re looking for a home, you’ll want to gather information to ensure you’re making the right decision about where you want to live.
In this article DIS Dwayne Johnson and Emily Blunt star in Disney’s “Jungle Cruise.” Disney Walt Disney’s “Jungle Cruise” sailed to a better-than-expected opening of $34.2 million at the domestic box office, despite growing concerns that a surge in coronavirus cases could keep families at home. With an additional $27.6 million in ticket sales internationally,
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Utility companies
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
Los Angeles County Regional Food Bank workers help with food distribution in Willowbrook, California on April 29, 2021. FREDERIC J. BROWN | AFP | Getty Images Millions of jobless Americans are poised to lose Covid-era income support in about a month’s time. This impending “benefits cliff” appears different from others that loomed this past year,
Every two years, the National Institute on Retirement Security surveys Americans to measure their sentiment about retirement. The most recent polling again found that most Americans remain worried about retirement. More than two-thirds of Americans (67 percent) say the nation faces a retirement crisis. And, more than half (56 percent) are concerned that they
Today’s column addresses questions about how spousal benefit rates are calculated, whether it’s possible to reapply to increase benefits and whether early spousal benefits would reduce later survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
The matriarch of Southern Charm, Patricia Altschul is arguably the most glamorous “Bravolebrity.” She has style in spades. From her signature caftans to the historical mansion where she resides, the Isaac Jenkins Mikell House, which was designed by the famed interior designer Mario Buatta— no one knows how to create a home quite like she
In this article SAVE Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even though the low-cost carrier has no plans to implement vaccine requirements. “Rising case counts with regard to the delta variant obviously is a concern for everybody,” Christie said on “Squawk Box.” The
The past 15 months haven’t been easy for anyone, but older workers experienced a unique set of circumstances that increase their risk of financial challenges in retirement. As the American population continues to age, the outcomes of those in the workforce age 55 and older must be front-and-center in the minds of policymakers in charting
The Federal Housing Administration (FHA) today announced an extension of its moratorium on evictions for foreclosed borrowers and their occupants through September 30, and noted the expiration of the foreclosure moratorium on July 31, 2021. ADVERTISEMENT The extension is part of President Biden’s announcement on July 29 that federal agencies will use their authority to extend their respective eviction
Boston EMS medics work to resuscitate a patient on the way to the ambulance amid the coronavirus disease (COVID-19) outbreak in Boston, Massachusetts, April 27, 2020. Brian Snyder | Reuters About three-fourths of people infected in a Massachusetts Covid-19 outbreak were fully vaccinated against the coronavirus, according to new data published Friday by the Centers
A Shell logo seen at a petrol station in London. A court in The Hague has ordered oil giant Shell to reduce its carbon emissions by 45% compared to 2019 levels by 2030, in what is widely seen as a landmark case. SOPA Images | LightRocket | Getty Images LONDON — Oil giant Royal Dutch
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE We’re halfway through second-quarter earnings. The results not only continue to beat forecasts by a wide margin, but estimates for the third and fourth quarter — and now even for 2022 — are continuing to rise. And most say estimates
As people age, a top priority is remaining independent and healthy enough to keep living on their own. So what’s the financial pathway to making that happen? Through the years, most of us make financial mistakes that we recover from. But here, we want to talk about one big bungle many people make that does have lasting effects: spending money from their retirement accounts before they retire. Sometimes, as we all know life happens, hardship hits, and you