Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar changes to a new year, residents of some states can expect to see a boost to their paychecks. Starting Jan. 1, 2022, several
Month: December 2021
One of the biggest benefits of self-directed IRAs (SDIRAs) is the ability to diversify your portfolio by investing in alternative assets. These include real estate, precious metals, private equity and more. One alternative asset class that is becoming more popular is private debt. STRATA’s 2021 investor survey report unveiled 13% of investors leveraged private debt
Housing demand is surging across the board, in contrast to 2020 when demand shifted from apartments to single family houses. Now, both home prices and apartment rents are rising much faster than overall inflation. Yet America’s population is growing at a snail’s pace. Without more people, how can there be demand for more housing? Ignoring
[The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to deliver a progress report Tuesday on the fight against the coronavirus pandemic as the new and highly contagious omicron variant spreads around the country.
The vehicle for these changes, the House version of Biden’s Build Back Better social spending, climate, and tax bill, is now in legislative limbo following Sen. Joe Manchin’s (D-WV) declared opposition. But since some new version is likely to surface early next year, it is instructive to look at the evolution of its tax provisions so
In this article K PFE MRNA BA NKE CTXS Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly
If Mark Cuban could solely invest in one personality trait, it would be confidence. On Friday’s episode of ABC’s “Shark Tank,” the billionaire investor said he rejected one start-up founder’s pitch for that exact reason. The founder, Liv Bowser, launched her Los Angeles-based mental health company Liberate in May 2020. The start-up offers instructor-led Zoom
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
Secretary of Education Dr. Miguel Cardona answers questions during the daily briefing at the White House August 5, 2021 in Washington, DC. Win McNamee | Getty Images The U.S. Department of Education announced Wednesday a host of major changes to the public service loan forgiveness program, which could bring more than 550,000 borrowers closer to
A walk around the block is good. A little more going up and down stairs is too. But some older women just might get you thinking there’s much more to healthy aging than that. In San Diego, CA, there is a women’s basketball team that competes and plays hard. “We play to win” they say.
In a past Forbes article, we looked at the richest counties in every state in the United States. This time around, we’re looking at the straight-up richest counties in the U.S. regardless of states. The richest counties in the U.S. geographically tend to fall in the Northeast, states surrounding Washington D.C., and the West Coast.
In this article NKLA Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it defrauded investors by misleading them about its products, technical capacity and business prospects. SEC officials said they hoped the penalty would serve
Bruce Springsteen sold his music rights to Sony Music Group for $500—$600 million in a deal representing the largest transaction ever for the life’s work of an individual artist. The Wall Street Journal noted the Boss’s good timing and tax savvy too. This year, the federal capital gain tax rate tops out at 20% (although
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, December 17, 2021. Andrew Kelly | Reuters Stock futures climbed in overnight trading Monday following a broad sell-off amid fears about the fast-spreading omicron Covid variant. Futures on the Dow Jones Industrial Average gained 110 points. S&P 500 futures
Artist Chris Carnabuci stands before his sculptures of George Floyd and Breonna Taylor (L) featuring painting by Laolu Senbanjo otherwise known as Laolu NYC”, at Sotheby’s auction house in New York on December 9, 2021. Ed Jones | AFP | Getty Images The Big Three auction houses hit a record $15 billion in sales this
Elizabeth Frantz | Reuters Two years after Congress passed a law that ushered in improvements to the U.S. retirement system, lawmakers’ efforts to make further enhancements are moving forward — albeit slowly. There’s bipartisan backing for measures in both the House and Senate that would build on the 2019 Secure Act, which aimed to increase
The Covid-19 pandemic caused many people to re-assess their values and priorities. This accelerated a trend in which people wonder if there is something more than money and property they can leave when putting together their estate plans. You can leave valuable items other than wealth and assets, and more and more people are adding
The 2021 housing craze hit new highs as an uptick in listings offered a ray of hope for buyers trying to find a home in a competitive market and lock in low mortgage rates. But like any roller coaster, what goes up, must come down. The seasonally-adjusted number of homes for sale fell 18% year over
Aeva Technologies: “We are totally against companies that have no earnings. That was the clarion call of what the Fed did. It’s going to knock out some good stocks, I don’t care. I’ve got to be very careful here, so we’re going to say no.” Enterprise Products Partners: “I think it’s a very good company.
So what’s on your mind this time of year? If you’re like most people, you’re probably thinking of the holidays. But there’s something less enjoyable that should be on your mind: taxes. That’s because this is the last chance you’ll have to make some of the key decisions that will affect how much you pay
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