From the very beginning, the history of Switzerland’s Gstaad has been the stuff of legend. According to local lore, it was God’s resting hand that shaped the illustrious hills and valleys of the Saanenland region where Gstaad is located—divine intervention seemed the only plausible explanation for such remarkable scenic beauty. Even if you’ve never heard
Month: November 2021
Cavan Images | Getty Images Democratic lawmakers on Wednesday unveiled a revised social spending and climate provision that expands an electric vehicle tax credit of up to $12,500 for more expensive cars and proposes a lower income cut-off for buyers eligible for the credit. The House Democrats’ update makes vans, sport utility vehicles and trucks priced
In this article CSG.N-CH A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption in
Jakub Porzycki | NurPhoto | Getty Images The fast-growing decentralized finance industry could be about to get a rude awakening. Decentralized finance, or “DeFi” as it’s commonly referred to, is a trend in cryptocurrencies that first started gaining traction in 2020. It’s been called the “Wild West” of crypto — hoards of computer programmers trying
3715 S. Ocean Blvd in Highland Beach is a three level storm-proof fortress elevated on pilings and constructed of poured concrete and storm-proof glass. Daniel Petroni A waterfront megahome in Highland Beach has sold twice this year, and each time it has raised the bar for for this South Florida town, which has become one
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
dusanpetkovic | iStock | Getty Images Improvements to Medicare’s coverage could be on the horizon for the health insurance program’s 63.3 million beneficiaries. Under the latest version of congressional Democrats’ $1.75 trillion spending bill, the federal government would be permitted to negotiate the price of certain drugs with pharmaceutical companies, a move expected to result
The ongoing pandemic continues to put a heavy burden on older workers. Many lost or left jobs amid the winter surge in the winter of 2021. Jobs are only slowly coming back and long-term unemployment stays high. Retirement is often not an option as many older workers have little or no wealth outside of Social
Many taxpayers learned that unemployment benefits are taxable the hard way earlier this year when they filed their 2020 income tax returns. It came as such a blow to so many people, after what was a horrible year in so many other ways, that Congress included a tax exemption for the first $10,200 of unemployment
This semi-detached luxury home has the advantage of being located near Singapore’s Bukit Timah Nature Reserve. The 1.64-square-kilometer, or 400-acre, preserve of rain forest sits near the center of the sovereign city-state. The use of concrete both inside and out gives the house an industrial vibe in contrast to the lush setting. Wood ceilings and
Freddie Freeman #5 of the Atlanta Braves celebrates with Joc Pederson #22 after hitting a solo home run against the Houston Astros during the seventh inning in Game Six of the World Series at Minute Maid Park on November 02, 2021 in Houston, Texas. Carmen Mandato | Getty Images The Atlanta Braves captured their first
In this article ROKU Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations. The company’s revenue came in at $680 million, just below a Refinitiv forecast of $683.4 million. That’s still up 51% from a year earlier. Roku’s earnings per share of 48 cents, however, topped expectations
U.S. stock index futures were steady during overnight trading on Wednesday after the major averages closed at records following commentary from the Federal Reserve. The central bank said it will begin to slow its bond-buying program, signaling that the economy can now handle an unwinding of pandemic stimulus. Futures contracts tied to the Dow Jones
When I started my first side hustle eight years ago, I didn’t realize I was creating the foundation of a business that earns six figures, which is centered around my Latina heritage. But that’s exactly what happened. I’ve created a business that is going to help me become the first millionaire in my family, and
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
Sen. Bernie Sanders (I-VT) speaks with reporters in the Senate Subway on Tuesday, Nov. 2, 2021 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images House Democrats have proposed increasing the federal deduction for state and local taxes to $72,500 from $10,000, according to a draft of the bill released by the
Early in 2020, Sam Lyon’s new job fell through because of a coronavirus hiring freeze. That’s when Lyon decided to create what he calls the “Uber Eats Challenge.” The Salem, Oregon, resident committed to delivering food for 12 hours per day every day in June, aiming for a pace that would amount to $100,000 a
One of the perennial questions Americans ask is, what are the best states to retire in financially? In order to help answer this question, Credit Karma conducted a study of the best and worst states to retire, which analyzed all 50 states across 20 different, pertinent factors, running the gamut from the overall cost of
National Taxpayer Advocate Erin Collins discusses the effect of the COVID-19 pandemic on taxpayers, recent IRS program changes, and what’s to come from the annual Taxpayer Advocate Service report to Congress. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today
Topline Shares of digital real estate marketplace Zillow tumbled nearly 20% on Wednesday morning, a day after the company announced in its earnings results that it would shutter its home-flipping business due to the “unpredictability” of the housing market. Key Facts Zillow’s stock fell nearly 20% to around $69 per share by midday on Wednesday,
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