Families with school-aged children shouldn’t bank on spending time this summer in the countries opening to vaccinated travelers. Jordan Siemens | Stone | Getty Images House Democrats have unveiled a proposal to continue the expanded child tax credit through 2025. While one advocacy group, MomsRising, is “thrilled” with that development, executive director Kristin Rowe-Finkbeiner said
Month: September 2021
Inflation tends to top the list of economic risks that investors obsess most about. After all, runaway inflation has devastated some economies over the centuries. Corralling inflation and keeping expectations well-anchored have been key mandates for most central banks for decades. However, inflation expectations are not uniform across age groups. Surveys from the New York
People queue to undergo nucleic acid testing for the Covid-19 coronavirus in the city of Ruili which borders Myanmar, in China’s southwestern Yunnan province on July 5, 2021. STR | AFP | Getty Images China’s zero-Covid approach could worsen the debt situation of the country’s companies, some of which are already in financial distress, says
A breeder feeds piglets at a pig farm on May 13, 2020, in Bijie, Guizhou Province of China. Visual China Group | Getty Images BEIJING — Massive swings in pork prices in the last two years are roiling China’s hog farm industry. To capitalize on a doubling in prices in 2019, the five largest pork
In this article .SPX .DJI The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since — wait for it — June. Investors went into the summer easing up a little bit on stocks and have exited the summer with a similar bout of
FatCamera | E+ | Getty Images It’s a situation that appears incongruous: Congressional Democrats want to expand Medicare’s benefits while a trust fund that supports the program is facing insolvency. Indeed, some Republican lawmakers have seized on that looming problem as a reason to oppose a proposal to add dental, vision and hearing coverage to
A tourist boat passes cowboy statues along Oklahoma City’s Bricktown Canal. Western heritage is a big draw in Oklahoma’s capital. Oklahoma City Convention and Visitors Bureau Ready to head out on vacation after the long pandemic-era drought — but not looking to go broke in the process? Online airport parking platform ParkSleepFly has ranked the
Bitcoin and other cryptocurrencies dropped steeply on September 7 despite the feel-good news that El Salvador has made bitcoin legal tender along with U.S. dollars. In fact, the crypto flash crash wiped out $400 billion in market value. Bitcoin itself dipped about 10% to less than $44,000 but recouped some of that by day’s end.
In this article BYND Vegan chicken quick-serve restaurants like San Antonio, Texas-based Project Pollo are aiming directly at Chick-fil-A and its fried chicken sandwich as the plant-based meat industry rises against one of fast-food’s recent best-selling menu items. Bloomberg | Bloomberg | Getty Images In an iconic scene from 1970’s film “Five Easy Pieces,” a
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters From e-commerce-driven pet healthcare, to cybersecurity, to online sports gaming, upside potential lies in many sectors of the stock market. Financial data
Studies suggest that most—at least 70%—of financial planning recommendations aren’t implemented. While we can hypothesize a number of singular reasons why this number might be so ugly, I’ll suggest that it’s actually a confluence of (at least) four factors that have led to this failure, two that are systematic and two that are psychological: 1) Sales-orientated
Federal unemployment benefits ended this month for millions of Americans and data show that workers in Virginia might feel it the most. The federal government’s enhanced unemployment benefit added $300 to weekly unemployment checks issued by states and also expanded coverage to the self-employed and freelancers, such as rideshare drivers and musicians. That expansion, called
Everything’s coming up roses for the Shubert Organization. As the Broadway landlord begins to reopen its 17 Broadway theaters for the first time in 18 months during the COVID-19 pandemic, it will also receive more than $82.3 million from a blockbuster real estate deal. Shubert recently agreed to sell two vacant lots on Eighth Avenue
Emma Raducanu of Great Britain celebrates winning match point to defeat Leylah Annie Fernandez of Canada during the second set of their Women’s Singles final match on Day Thirteen of the 2021 US Open at the USTA Billie Jean King National Tennis Center on September 11, 2021. (Photo by Elsa/Getty Images) Elsa | Getty Images
Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo was hit with a $250 million fine from a banking regulator after it failed to properly execute a mortgage loss-mitigation program. The Office of the Comptroller of the Currency said Thursday that the bank engaged in “unsafe or unsound practices” tied to its loan-modification
Travel + Leisure Club is a new subscription travel booking and concierge service. Travel + Leisure Group/Travel + Leisure Co. From private-jet clubs to theme park memberships, subscription services are increasingly the way to go when it comes to vacations and other leisure trips. For example, Internet sites Tripadvisor and Scott’s Cheap Flights — both
As Congress debates whether to extend the major, but temporary, changes to the Child Tax Credit (CTC) it adopted earlier this year, a crucial question is whether it should keep the credit fully refundable. A new Tax Policy Center analysis finds that, for low-income families, full refundability is a key element of the CTC reforms. For families
In a year when we all need to breathe deeply, Breezeway, Behr’s color of the year, is a tranquil, soothing pale green hue. Soft and amenable to a vast range of color pairings, the peaceful shade evokes sea glass, tranquil mornings and young girls in lightweight summer frocks. Breezeway fosters feelings of coolness and peace:
Gavin Newsom, governor of California, speaks during a ‘Vote No’ recall campaign event in San Francisco, California, U.S., on Tuesday, Sept. 7, 2021. David Paul Morris | Bloomberg | Getty Images California voters will decide whether to remove Democratic Gov. Gavin Newsom in a Sept. 14 recall election. While Newsom has taken only moderate actions
In this article IYG U.S. stock index futures were little changed during overnight trading on Thursday, after stocks registered a fourth-straight day of losses. Futures contracts tied to the Dow Jones Industrial Average advanced 10 points. S&P 500 futures and Nasdaq 100 futures were slightly higher. During regular trading the Dow shed roughly 150 points,
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