Americans are increasingly finding alternative ways to satisfy their holiday wish lists as they continue to grapple with high prices and inflation. In many cases, that means opting for flexible payment plans. On Black Friday through Cyber Monday, buy now, pay later payments through companies such as Klarna, Zip, Zilch, Affirm and Afterpay jumped 85% compared with
Month: December 2022
Want to start a conversation with a small business owner? Then ask them about taxes. It’s an issue that almost always lurks in the back of the mind of an owner, sole proprietor or contractor. Despite the concern that nearly every small business owner or sole proprietor has with taxes, however, rarely does the issue
Law is rife with deadlines. Indeed, sometimes those deadlines are critical and outcome determinative. Abiding deadlines can mean the difference between having a case heard or a case dismissed, or a taxpayer’s rights being vindicated or not even considered due to timing. As this case highlights, even being a single day late can have big
Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it will slow its pace of rate hikes. The average U.S rate for a 30-year fixed mortgage dropped to 6.49% while the average rate for a 15-year fixed home loan fell to 5.76%,
The Senate passed legislation that would force a tentative rail labor agreement and thwart a national strike. A separate vote on adding seven days of paid sick leave to the agreement failed. The approved bill, passed by a vote of 80 to 15, now goes to President Joe Biden, who had urged Congress to act
Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Images BEIJING — Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they’ve
Family and friends gather in San Felipe, Texas, for the Jan. 26, 2021, funeral of Gregory Blanks, 50, who died of Covid-19. Callaghan O’Hare | Reuters As Americans brace for the third winter of the Covid-19 pandemic, many are still grappling with ongoing related health and financial issues — including insurance battles over long Covid
Momo Productions | Digitalvision | Getty Images Remote work surged in the pandemic era — but this trend, borne of necessity for public health, has now become a fixture of the U.S. job market, one that’s likely to remain entrenched, according to labor experts. Almost 10% of online job searches in September mentioned “remote work,”
Key Takeaways Artificial intelligence (AI) is hitting the mainstream, though the first form of AI was invented in England, way back in 1951. Nowadays AI is used in a wide range of applications, from our personal assistants like Alexa and Siri, to cars, factories and healthcare. AI has the power to make massive improvements to
In Notice 2022-58, 2022-47 IRB 483, the IRS and Treasury asked, “Should indirect book accounting factors that reduce a taxpayer’s effective greenhouse gas emissions (also known as a book and claim system), including, but not limited to, renewable energy credits, power purchase agreements, renewable thermal credits, or biogas credits be considered when calculating the section
Pantone has announced the color of the year for 2023, and it’s a doozy. The idea of color of the year has become a big thing for paint companies, manufacturers of wall coverings, wood stain specialists, fabric producers – any company where color is a selling point. But it is good to remember that Pantone,
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday. Aimee Dilger | LightRocket | Getty Images Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s quarterly earnings and sales expectations, as shoppers kept replenishing their makeup bags even
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 11, 2019. Brendan McDermid | Reuters Fox Corp. CEO Lachlan Murdoch is slated to appear for a deposition on Monday
The economist Austan Goolsbee will take over as president of the Chicago Federal Reserve early next year as the central bank weighs critical policy moves ahead, according to an announcement Thursday. Goolsbee will take the seat officially on Jan. 9, 2023 and finish a term begun by the retiring Charles Evans that expires Feb. 28,
Running one of the world’s biggest companies — and earning millions per year while doing so — sounds like a no-brainer for most people. But when Amazon founder Jeff Bezos asked Andy Jassy to take over as CEO last year, Jassy didn’t immediately say “yes.” On Wednesday, Jassy explained why he needed time to think
The Covid-19 unit at United Memorial Medical Center in north Houston. Carolyn Cole | Los Angeles Times | Getty Images Long Covid has affected as many as 23 million Americans to date — and it’s poised to have a financial impact rivaling or exceeding that of the Great Recession. By one estimate, the chronic illness
10’000 Hours If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual balance is based on taxable income, calculated by subtracting the greater of
The Covid-19 pandemic shined a light on how hard it is for long-term care facilities such as nursing homes and assisted living facilities to balance residents’ health risks with their desire for independence and autonomy. A few have found the secret sauce. Most have not. A new study by the RAND Corporation, a California research
During the recent congressional election campaign, House Republicans said one of their top priorities would be to make permanent the individual tax changes in the 2017 Tax Cuts and Jobs Act (TCJA). A new analysis by the Tax Policy Center estimates that such a move would add more than $3 trillion to the federal budget
The 1992 film Unforgiven, directed by and starring Clint Eastwood, was one of the most critically acclaimed Westerns of the 1990s. The recipient of four Academy Awards (best picture, best director, best supporting actor and best editing), the film was selected for preservation in the Library of Congress National Film Registry. It was also a