SoulCycle announced Tuesday that Evelyn Webster will take over the role of chief executive officer in mid-December, the company told CNBC Make It. The announcement comes 12 months after Melanie Welan resigned from her position as CEO on Nov. 26, 2019, citing the need for new leadership. Sunder Reddy, SoulCycle’s chief financial officer since 2017,
admin
Joel Angel Juarez/Bloomberg via Getty Images Amid the season of giving — not to mention an ongoing pandemic — donating to charitable causes may be on your mind. While the need for assistance is tremendous, experts say, it’s important to be sure your money goes to legitimate organizations that will use your donation as you
Given taxes and filing deadlines, would your prefer pay in 2020 or the first week in January? “Pay me next year” requests are common this time of year with employers, suppliers, vendors, customers, and more. After all, if you are paid in December of 2020, taxes are due April 15, 2021. If you are paid in early
BOSTON, MA – SEPTEMBER 2: A Care partner helps a resident during lunch at an assisted living … [+] facility. (Photo by Craig F. Walker/The Boston Globe via Getty Images) Boston Globe via Getty Images The statistics simply are staggering. More than 728,000 residents and staff of long-term care facilities have contracted covid-19 over the
Eric is a real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty It’s undeniable that Covid-19 has had a massive impact on the world, not to mention thousands of industries. One of the most notable affected has been real estate, as people across the world struggle to
United Airlines and Delta Airlines jets Sam Hodgson | Bloomberg | Getty Images The Senate has set aside $17 billion for airlines in a more than $900 billion bipartisan proposal providing additional coronavirus aid that was released Tuesday, according to people familiar with the matter. Airlines received $25 billion under the CARES Act in March
Marc Benioff, billionaire and co-founder and chief executive officer of Salesforce.com Inc., sits in the audience ahead of the special address by U.S. President Donald Trump, on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 21, 2020. Bloomberg | Bloomberg | Getty Images Salesforce shares moved 4% lower in
U.S. stock futures were flat in overnight trading on Tuesday, building on recent strength that has brought the major averages to record highs. Dow futures fell 45 points. S&P 500 futures fell 0.02% and Nasdaq 100 futures gained 0.08%. Dow component Salesforce announced it is acquiring messaging platform Slack for $27.7 billion after the bell
Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Last year, the #GivingTuesday effort raised nearly $2
Covid-related growth rates are spiking. And it’s not just the virus. A few months ago, The Wall Street Journal reported that retail-investing volumes had climbed 30% on a year-over-year in the first half of 2020 to nearly 20% of all trades. One young client commented that “everyone and his uncle is trading their accounts constantly.”
Sen. Mitt Romney (R-Utah) speaks as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus relief legislation at a news conference on Capitol Hill on Dec. 1, 2020. Kevin Lemarque | Reuters Lawmakers from both sides of the aisle were able to hash out another rescue bill that includes
A display is seen as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. Kevin Lemarque | Reuters Washington lawmakers introduced a new $908 billion coronavirus stimulus package on Tuesday that aims
Grover Cleveland at Desk (Photo by Library of Congress/Corbis/VCG via Getty Images) Corbis/VCG via Getty Images No matter how you voted in the presidential election, Grover Cleveland should be your guy this month. If you’re a disappointed Trump supporter, take solace in Cleveland’s singular achievement: He is the only American president to serve two nonconsecutive terms. We tend to think
Economic Security Planning, Inc. Today’s column addresses questions about applying for spousal benefits only while delaying retirement benefits, when someone can become eligible for retirement benefits and how filing for widow’s benefits at 60 affects the amount of the benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. getty As we reach the final quarter of the year, few real estate experts are likely looking back on 2020 and boasting about their accurate forecasting abilities. Last year at this time, no one could have predicted the trends
An independent contractor to FedEx Corp. unloads packages from a delivery truck on Cyber Monday in New York, U.S., on Monday, Dec. 2, 2019. Michael Nagle | Bloomberg | Getty Images Holiday shoppers went online Monday and spent $10.8 billion, setting a record for the single largest U.S. online shopping day ever, according to Adobe
Ether, the digital token of the Ethereum blockchain, is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images While you’ve been watching the price of bitcoin soar to an all-time high, another cryptocurrency has been quietly staging a comeback of its own. Ether, the world’s second-largest virtual currency
PixelsEffect | E+ | Getty Images In between the small gatherings of close family this holiday season, there may be more quiet moments and time for reflection than usual. For financial advisors, this can be a time to pause and think about the lessons we have learned in 2020. As I started to think about
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters S&P’s action on Tesla showed the growing power of indexers and passive investing. S&P Dow Jones Indices has announced that Tesla will be added to the S&P 500
If you’re cashing in some of your Bitcoin this year, the IRS wants to know about it. On Monday, the cryptocurrency’s value hit new heights, surging beyond $19,800 for a unit of Bitcoin. The asset’s appreciation has skyrocketed this year, rising by 160% in 2020. Understand that if you want to take a few of