Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. Thursday’s increase in Tesla’s share price pushed
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Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Consumers have been sitting at home for months and months, and without typical things to spend money on, assets in bank accounts are growing. And that is a positive sign for stocks, according to
SDI Productions | E+ | Getty Images If your stimulus payment came in below what you expected, you may get a second shot at claiming the money when you file your 2020 tax return. In the waning days of 2020, the federal government began sending out its second round of stimulus checks to millions of
By Chris Farrell, Next Avenue getty During a recent Minnesota Public Radio program I hosted about Social Security, I was surprised at the number of callers with questions and complaints about the program’s survivor benefits for widows and widowers. One caller protested the “unfairness” of the benefits since she felt they ignored her own work
A baker places long molds of freshly kneaded sourdough dough onto racks for baking inside of Reineckers Bakery in Macedonia, Ohio, Oct. 7, 2020. Ty Wright | Bloomberg | Getty Images Small businesses hit by the pandemic recently got some good news – the $900 billion relief act signed into law by President Donald Trump
President-elect Joe Biden has unprecedented plans for the housing industry. His proposal for $640 billion over 10 years includes three tax incentives — a new renter’s tax credit, a refundable first-time homebuyer’s credit, and an expansion of the low-income housing tax credit (LIHTC). The incoming administration will likely review and finalize recently released proposed regulations (REG-119890-18) on
Flowers, fruit and candles in the home can trigger pleasant memories and create a sense of … [+] wellbeing. diptyque Nancy Carlisle, Senior Curator of Collections at Historic New England, has long studied the subject of kitchens in America. “We have such an embedded sense of the kitchen as the ‘heart of the home,’” she
U.S. Health and Human Services (HHS) Secretary Alex Azar speaks during a news conference in the Brady Press Briefing Room of the White House in Washington, August 23, 2020. Erin Scott | Reuters Health and Human Services Secretary Alex Azar on Wednesday urged states against “micromanaging” their allotted coronavirus vaccine doses, saying it’s better to
BEIJING — China on Thursday tried to draw parallels between the U.S. riot on Capitol Hill and pro-democracy unrest in Hong Kong that took place two years ago. Chinese state media avoided sharing too much opinion on the news, though state-backed tabloid Global Times showed photos of the chaos in both riots and highlighted what
A Kia Motors Corp. sports utility vehicle (SUV) delivers the “2021” New Year’s Eve numerals during a coast-to-coast tour in the Times Square neighborhood of New York, U.S., on Monday, Dec. 21, 2020. Michael Nagle | Bloomberg | Getty Images So many questions swirl as the calendar turns — including what year has just started.
President-elect Joe Biden (C) along with Democratic candidates for the U.S. Senate Jon Ossoff (L) and Rev. Raphael Warnock (R) greet supporters during a campaign rally the day before their runoff election in the parking lot of Centerparc Stadium in Atlanta. Chip Somodevilla | Getty Images A $15 federal minimum wage edged closer after Tuesday’s
Mistakes seniors make with HECM Reverse Mortgages getty FHA insured reverse mortgages, called HECMs, allow seniors to withdraw cash from their home while retaining the right to live there indefinitely. They are a potentially powerful tool for helping seniors live better lives during their retirement years. However, the benefits can also be frittered away, with
WILMINGTON, DELAWARE – JANUARY 06: U.S. President-elect Joe Biden delivers remarks about the … [+] storming of the U.S. Capitol by a pro-Trump mob. (Photo by Chip Somodevilla/Getty Images) Getty Images With improbable Democratic wins in both Georgia Senate runoff elections, President-elect Joe Biden has an opportunity to govern with a congressional majority—though one that
Keith Hoogland, owner of Family Video, pictured in 2017. Jamie Kripke for Forbes And in the end, there were none. Family Video, a video rental company that outlived Blockbuster by a decade, announced this week that it will close its several hundred locations after 42 years in business. The news marks the end, at long
Democratic candidates for Senate Jon Ossoff (L), Raphael Warnock (C) and US President-elect Joe Biden (R) bump elbows on stage during a rally outside Center Parc Stadium in Atlanta, Georgia, on January 4, 2021. Jim Watson | AFP | Getty Images Democrats won Tuesday’s two Senate runoff elections in Georgia, NBC News projected Wednesday, clinching
U.S. stock futures rose slightly in overnight trading on Wednesday as investors digested the likely event of a Democratic held Congress and continued to shrug off riots at the U.S. Capitol. Dow Jones Industrial average futures rose 78 points. S&P 500 futures gained 0.3% and Nasdaq 100 futures added 0.4%. Markets were largely unaffected by
After months of uncertainty, the $900 billion coronavirus relief package will provide a much-needed lifeline for jobless Americans – it includes a $300 boost to weekly unemployment benefits for 11 weeks, and for those with both wage and self-employment income, an additional $100 boost. It also extends unemployment benefits for gig workers through mid-March. Without
Dan Henry, CEO of Green Dot Source: Green Dot Green Dot, a fintech player that’s often overlooked compared to bigger rivals PayPal and Square, has been on a tear lately, with its stock climbing 140% last year. Still, the company’s shares have ample room to run as it launches a digital bank account for low
Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democrats may be poised to control the Senate, which would give President-elect Joe Biden’s tax plan a better chance at passing. Georgia hosted two
For most investors, Target-Date (TDFs) or Lifestyle Funds are a great idea. They reside in your 401(k) as a basket of mutual funds. Professional managers pick them and adjust risk based on your age. The closer you are to retirement — your “target date” — the lower the stock market risk in a TDF portfolio.