In this article DIS PTON NFLX INTC Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day since July 2012. The steep sell-off came after Netflix admitted that streaming competition
Month: January 2022
In this article MSTR MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of MicroStrategy tumbled 17.8% Friday afternoon after the U.S. Securities and Exchange Commission reportedly rejected the company’s
Anchiy | E+ | Getty Images For investors whose retirement is decades away, the stock market’s pullback should be of little concern — there’s plenty of time for your portfolio to recover before you need the money. Yet if you are a new retiree or on the verge of retiring, it’s worth considering what a
Annuity laddering involves staggering the purchase of annuities over a period of time. A laddered annuity differs from a deferred annuity, which involves a single purchase but with payments deferred for some period selected by the purchaser. Both the laddered and deferred annuities considered here have fixed payments – variable annuities are a completely different
The beauty of Combined Federal State Filing is that you don’t have to report the same information twice for your federal and state/local taxes. But last year, the IRS didn’t include its new form for reporting non-employee compensation (1099-NEC) in the program. The form is used by business like Uber UBER and Doordash that hire
Wallpaper has, through time, been considered the height of chic and the object of scorn and revulsion. Think of the early piece of feminist literature, The Yellow Wallpaper, published by Charlotte Perkins Gilman in 1892, in which wallpaper triggers hallucinations and madness. Or consider the wallpaper designs of English mid-19th century designer and social reformer William Morris:
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton shares are up more than 5% in premarket trading Friday after the company said it’s resetting its production levels and considering layoffs in order to make its business more “flexible.” Chief Executive John Foley sent a memo to workers late Thursday that was
In this article ISRG CSX SLB NFLX PTON PPG Check out the companies making headlines before the bell: Schlumberger (SLB) – The oilfield services company’s stock rose 1% in the premarket after it beat top and bottom-line estimates for the fourth quarter. Schlumberger earned an adjusted 41 cents per share, 2 cents above estimates, as
In this article ABT Leahannah Taylor graduated from Rutgers University with a master’s degree in biomedical sciences — and $59,000 in student debt — in 2019. She’s now debt-free. It took her less than two years to wipe out her student loan balances, she said, thanks to an enticing incentive offered by her employer. “My
If the current state of politics and other woes in the U.S. have you looking thoughtfully at alternative places to live, this post is for you! Every January International Living posts their “Annual Global Retirement Index” for the year ahead. I like to hop on that and spread the word, so for the third year in a
The creative process of individuals, and the medium through which a Creator works, is constantly expanding, including digital assets such as Non-fungible Tokens. NFTs that are created, bought, sold or exchanged are considered property by the IRS, and so these are taxed like art buying, selling or exchanging art. For the Creator of an NFT For
Sadly, yet again, the Roth IRA contribution limits will not be increasing in 2022. On a brighter note, the income levels that allow for a Roth IRA contribution have increased. This could enable some workers to contribute larger amounts. Investing in a Roth IRA is a great way to increase your tax-free income in retirement.
CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to reaching an investable bottom after a challenging start to the new year. The “Mad Money” host’s comments mark a shift in outlook compared to two weeks ago, when Cramer contended it was too early to buy aggressively based on a 10-item
U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages’ declines during regular trading. Futures contracts tied to the Dow Jones Industrial Average shed 14 points. S&P 500 futures were down 0.24%, while Nasdaq 100 futures declined 0.6%. Shares of Netflix tumbled 19%
In this article AMS-ES HTG-DE EXPE If 2021 was about domestic travel, 2022 may be the year of the “bucket list” trip. This is one of the biggest trends that travel insiders expect this year, despite 2022’s tumultuous start as the omicron Covid-19 variant snarled the industry. ‘New sense of urgency’ to hit the road
The Axiom space station, with the circular SEE-1 module attached, is seen in an artist’s rendition. Axiom Space The producers of Tom Cruise’s planned space movie on Thursday announced plans to attach a studio to the space station in development by Houston-based company Axiom. U.K.-based studio Space Entertainment Enterprise, co-founded by producers Elena and Dmitry
A job seeker receives information from a recruiter during a job fair in Miami, Florida, on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The number of people filing for unemployment benefits jumped last week to the highest level since October, the Labor Department said Thursday. That may signal a troubling rebound, after claims
Pioneer Woman Ree Drummond is a multi-faceted talent known not just for her hit Food Network television show, but also for her magazine and cookware collection with Walmart. While fans of hers have welcomed Drummond’s signature bright floral patterned products into their kitchens since 2015, they can now incorporate the same look into other rooms
Will Morris, former chair of the tax committee at Business at OECD, reflects on his nearly decadelong tenure and experiences leading the business community through OECD global corporate tax reform projects. 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
In this article PTON A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of
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