Demonstrators in favor of canceling student debt gather outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images As the Supreme Court deliberates whether or not to allow the Biden administration’s student loan forgiveness plan to go through, tens of millions of Americans are stuck in an
Month: March 2023
Final regs clarify the tax exception in section 897(l) for foreign pension funds that invest in U.S. real property. To qualify for the exception, the foreign pension fund must comply with restrictions on establishment, funding, benefits, and beneficiaries. Published on December 29, 2022, T.D. 9971 contains final regs on gain or loss of a qualified
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New York, December 5, 2019. Brendan McDermid | Reuters Paramount Global is considering selling a majority stake of
In this article KEY NSC WW Follow your favorite stocksCREATE FREE ACCOUNT Source: Weight Watchers Check out the companies making headlines after hours. WW International — Shares jumped more than 6% after WW International, also known as WeightWatchers, said it’s acquiring Sequence, a subscription telehealth platform with a focus on chronic weight management, for a
Drakula & Co. | Moment | Getty Images After a year of soaring prices, the IRS made annual inflation adjustments for dozens of tax provisions, including the federal income tax brackets for 2023, which may affect next year’s taxes, experts say. While the rates didn’t change, the brackets show the federal income taxes you’ll owe
The family of the late Kobe Bryant agreed to a $28.5 million settlement with Los Angeles County to resolve remaining claims in their lawsuit over deputies and firefighters sharing grisly photos of the NBA star, his 13-year-old daughter and other victims killed in a 2020 helicopter crash. The figure includes a $13.5 million payment from
Million-dollar-plus homes are making up a smaller portion of the housing pie than they did in the spring according to a recent survey. Just over 7% of homes in the U.S. are worth $1 million or more. The share has dropped from June 2022’s all-time high of 8.6% and remains essentially unchanged from a year
In this article RIDE Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had over $220 million in cash at the end of 2022, despite ongoing challenges that halted production
Signs are posted in front of homes under construction at a KB Home housing development on January 12, 2022 in Novato, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Ferrari — Shares of the luxury automaker rose less than 1% early Monday after Morgan Stanley analyst
During the coronavirus pandemic, child reading and math competency rates plummeted across the country. The National Assessment of Educational Progress found two decades of improvements were wiped away. The declines were widespread, but were most pronounced among the students who had already been struggling well before 2020. In a race to overcome the Covid-19 learning
Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driving home sales to new lows and proving the recent recovery many hoped would mark a turning point may instead be a short-lived “mirage.” Key Facts
In this article MAR IHG-GB H HLT Follow your favorite stocksCREATE FREE ACCOUNT Finding a great hotel deal may be harder than ever before. Hotel rates are at an “all-time high,” Alan Watts, Hilton’s Asia-Pacific president, told “Squawk Box Asia” on Thursday. Rates are being fueled by travel demand that is like “a feast …
Thanks to gratuity-goosing point of sale terminals, the tip take is on the rise. Now the feds are eyeing that same digital path to collect more of the taxes owed on tip income. The skies in Raleigh, NC were blue on March 1st, with spring-like temperatures of nearly 70 degrees that tempted residents and tourists
The remote work boom that was seen during the pandemic has undoubtedly changed how we work in a fundamental way. For instance, a survey conducted in 2021 found that over 75% of workers would gladly sacrifice a pay raise if they could work flexibly more often than before Covid. Indeed, the recent Workmonitor from HR
In this article TSN NES.N-CH NSRGF Follow your favorite stocksCREATE FREE ACCOUNT An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Scotty Perry | Bloomberg | Getty Images Kettle Foods, known for its kettle-cooked potato chips, recently unveiled what it called “the future of the potato chip
Today’s Social Security column addresses questions about how soon benefits may be available based on a new spouse’s record, when divorced spousal benefits may be available and taking widow’s benefits while delaying retirement benefits until 70. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
Asking rents climbed by $6, or 0.3%, from January to February. That is the first monthly increase in rents in five months, since they last rose in September 2022, according to a recent survey. The 0.3% increase is only somewhat smaller than the typical February increase of 0.4%, averaged over data from 2016 to 2020,
Before Mark Cuban splurged on sports teams and private jets, he drove cars that didn’t cost him more than $200. He even got one for free, Cuban told Bill Maher on a December episode of the Club Random Podcast. One of his first cars, a 1977 Fiat X1/9 with holes in the floorboard, died after
In this article FISV ROST NVDA KTB WDAY Follow your favorite stocksCREATE FREE ACCOUNT NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Recession risk is on the minds of investors, particularly as the Federal Reserve remains resolute in hiking interest rates. In these tough times, investors would be well advised to find stocks
Getty Images Roughly six weeks into the tax filing season, IRS improvements are underway with more staffing and technology upgrades as the agency begins deploying its nearly $80 billion in funding. While processing may be faster this year, experts say there are some key things to know before filing your return. “Every tax season has
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