In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Nike CEO John Donahoe interviewed by Sara Eisen at the CNBC CEO Council Summit in Santa Barbara, California. Randy Shropshire | CNBC As a political battle rages between Florida Gov. Ron DeSantis and Disney, Nike CEO John Donahoe said it’s important for corporations to choose
Month: May 2023
Xie Feng, China’s new ambassador to the U.S., addresses the media as he arrives at JFK airport in New York City, May 23, 2023. Brendan McDermid | Reuters China’s new ambassador to the U.S. arrived in New York Tuesday with a call to “safeguard the interests of China,” according to a release from the country’s
Amid concerns about the U.S. economy and the possibility of a recession, most retirement savers want some sort of assurance they won’t outlive their nest eggs, recent reports show. As a result, demand for annuities, which offer a guaranteed stream of monthly income like Social Security and pensions, has soared. Now, more than half, or 54%,
Investors looking at development opportunities may face obstacles this year as speculation about a recession looms and interest rates rise. The market uncertainty and shifting demand could cause extensive delays or abandoned developments. Property developers, who are the parties that oversee the project, will need to make tough decisions ahead. If you’re thinking about investing
There’s a small industry of professionals who offer to help people of a certain age restructure their affairs so they’ll qualify for Medicaid. The goal is to have Medicaid pay for any nursing home care they might need. The strategy isn’t a good one for many people. First, let’s make a distinction clear. Medicare is
Tax Notes reporter Andrea Muse provides an update on the state and federal lawsuits challenging Maryland’s digital advertising tax. 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 International. This week: getting crabby about digital ad taxes. As
Family businesses large and small, whether involving real estate or anything else, often use a limited liability company as the ownership vehicle for the business. The founder of the business will often maintain a controlling position in the LLC, while other family members receive only an “economic interest”—the right to receive money and enough information
Netflix sign-in page displayed on a laptop screen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland, on Jan. 2, 2023. Jakub Porzycki | Nurphoto | Getty Images Netflix‘s crackdown on password sharing has come to the U.S. The streaming service said it began alerting members
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York, November 7, 2019. Lucas Jackson | Reuters NEW YORK – When the bond chief of the world’s biggest asset manager looks at the U.S. right now,
Maskot | Maskot | Getty Images As new peer-to-peer payment app options emerge for teenagers, experts say it’s an opportunity for parents to teach their kids how to use these financial tools wisely — and educate them on how to avoid common pitfalls. Venmo on Monday unveiled a new teen account that allows parents to
D3sign | Moment | Getty Images Taxpayers who use peer-to-peer payment apps like Venmo and PayPal and e-commerce companies such as eBay, Etsy and Poshmark may be receiving a new-to-them tax form next year — one that’s worth some advance planning. Starting this tax year, such companies must use a new, lower threshold when issuing
Rep. John Larson, D-Conn., leaves the Capitol after the final votes of the week on Feb. 28, 2019. Bill Clark | CQ-Roll Call Group | Getty Images House Democrats on Tuesday slammed Republicans for putting Social Security benefits at risk amid an ongoing federal debt ceiling stalemate, while also re-upping a plan that aims to
Tax planning doesn’t necessarily get easier as you age. There are times when taxes get more complicated as you get older. When taxes are complex, there are more opportunities to benefit from proactive tax planning. This could be good news in the form of tax deductions and tax credits. Tax often feels more complicated as
As if texting shorthand wasn’t confusing enough (IKR?), when you have stock options, restricted stock units, or an employee stock purchase plan, you are plunged into an alphabet soup of initialisms, acronyms, and jargon. Do you know NQSOs from ISOs? AMT from FICA or NIIT? What’s the FMV at option exercise? Can you sell company
“New products are enhancing the outdoor ‘gathering story’ – pizza ovens, fire pits, outdoor movies, games, scenes,” according to a new study just published in May by the National Kitchen & Bath Association. The latest outdoor living spaces go far beyond great grilling centers to creating true outdoor rooms. “People changed how they entertained at
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX Elon Musk’s SpaceX is set to join the Federal Aviation Administration as a co-defendant to fight a lawsuit brought by environmental groups following the company’s first test flight of Starship, the world’s
In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT A Lowe’s Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s cut its full-year outlook Tuesday, as lumber prices fell and do-it-yourself customers bought fewer discretionary items.
People look for jobs at a fair in Shanghai, China, on May 20, 2023. Bloomberg | Bloomberg | Getty Images Record unemployment among China’s young people stems partly from a mismatch between their majors and available jobs, Goldman Sachs analysts said in a report Monday. Graduates from vocational schools studying education and sports rose by
It will probably be a long time before Congress redrafts section 482, but it’s never too early to propose improvements to the flawed statute that authorizes Treasury’s transfer pricing regulations. The predecessor of what now appears in section 482 of the Internal Revenue Code was first introduced as section 45 of the Revenue Act of
Modern homes are more popular than ever, but many of us think decorating one can be achieved by purchasing the right modern furniture and decor, as if it is a formula. However, this ultimately ends up looking like someone else’s Pinterest Board or worse—a showroom. If you are in the process of decorating a modern
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