The extreme weather across the U.S., from the devastating Caldor Fire scorching the West Coast to the deadly flooding and tornadoes slamming the East Coast, could pale in comparison to future weather events, warned climate scientist Andrew Dessler on CNBC’s “The News with Shepard Smith.” “This is climate change, and it’s just a small preview
Month: September 2021
A Chinese bank clerk counts yuan banknotes at a bank in Huaibei, east Chinas Anhui Province, July 6, 2012. Jie Zhao | Corbis News | Getty Images BEIJING — Chinese investors are turning to the local stock market as once-lucrative options like real estate and cryptocurrencies have fallen under tighter government scrutiny. Since late July,
Tomas Rodriguez | Picture Press | Getty Images As millions of families care for aging relatives, many overlook tax breaks that may help ease the financial burden. Roughly 19% of Americans provided unpaid care for an adult with health or functional needs in 2020, according to the National Alliance for Caregiving, and those numbers continue to
By Mark Ray, Next Avenue If you hate Zoom meetings, imagine how Heidi Carles, 56, of Bernville, Pa., feels. Carles, an auction lead, cataloger and photographer for an online auction company, has hearing loss, which makes videoconferencing challenging at best. Early in the pandemic, Carles often struggled during calls that included dozens of co-workers. Between the
Today’s column addresses questions about how even with the deeming rules, it can still be possible to receive only retirement benefits before later spousal benefits, survivor’s benefit rates is the record holder dies before claiming and how the WEP and the GPO work. Larry Kotlikoff is a Professor of Economics at Boston University and the
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. In early July 2021, Fannie Mae confirmed something that most real estate professionals already knew: Buyers and sellers are currently on a very different page. Over half of buyers (64%) think it is now a bad time to buy.
Alaska Airlines Airbus A320-214 arrives at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Alaska Airlines will require unvaccinated employees to be tested regularly for Covid-19 but the Seattle-based carrier stopped short of mandating vaccines, a policy it said it was considering last month.
A major investment bank is avoiding Chinese stocks, but buying its bonds. J.P. Morgan’s Joyce Chang believes the country’s regulation crackdown is heating up and will create downward pressure on major market groups and industries. “We really recommended [investors] to stay sidelined for the time being,” the firm’s chair of global research told CNBC’s “Trading
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. – A jury of seven men and five women will decide
Photo: Image Source | Getty Images When you’re in your 20s, retirement saving may not be the first goal on your financial checklist — if you even have one. Yet starting to save for retirement as early as possible can set you up for success in the long-term. “It’s totally understandable, because it’s tough when
By Al Emid, Next Avenue There’s a growing phenomenon in the stock market — “fad investing” — and it’s something you don’t want to do with your money. Fad investing means buying a stock just because some type of activity is trending, regardless of the prospects of the actual company issuing the stock or any serious underpinnings behind
The Employee Retention Credit (“ERC”) is providing a meaningful (and immediate) tax benefit to tens of thousands of small and medium-sized businesses (as well as tax-exempt entities) across the country as business owners seek to keep their doors open and make new hires in the face of the pandemic. As business owners and charity leaders
Co-Founder & CMO at Poplar Homes, a tech-enabled property management company with 2,200+ doors under management across 10 major metros. Property management is going through an evolution right now, and tech providers have stepped up to the plate to disrupt the industry. There are plenty of incentives as to why. Among them, rental market share continues
The University of Chicago Bob Krist | Getty Images New Covid-19 cases increased rapidly at the University of Chicago this year after students, most of whom were not fully vaccinated, returned from spring break, according to a study published Thursday by the Centers for Disease Control and Prevention. Despite several prevention strategies at the university,
In this article AEO A shopper walks past an American Eagle store in the mall. Tim Boyle | Getty Images News | Getty Images American Eagle on Thursday posted mixed fiscal second-quarter results, as earnings topped analysts’ estimates but sales came up short as its e-commerce business decelerated compared with the prior year. The company,
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Five Below — The retail stock tumbled more than 10% after the
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images A jury in the Elizabeth Holmes fraud trial is expected
jayk7 | Moment | Getty Images In the long run, inflation is an investor’s biggest threat. Inflation erodes the purchasing power of money. Even modest inflation at 3% annually halves the value of money in 24 years. So outpacing inflation is the primary goal for long-term investors. Beating inflation was not a problem over the
Gabby Jones/Bloomberg via Getty Images Jobless workers will soon receive their last payment of pandemic-era unemployment benefits. Federal programs that have helped millions of unemployed Americans during the Covid health crisis end this weekend. These programs, created by the CARES Act in March 2020, issued benefits on a historic level, unrivaled since the unemployment system
Today, the U.S. retirement infrastructure largely is based upon individuals saving on their own for retirement during their working lives. For this type of system to work, Americans need to accrue a large amount savings by the time they retire. Unfortunately, most Americans aren’t amassing sufficient assets to maintain their current standard of living in