Centers for Disease Control and Prevention Director Dr. Rochelle Walensky clarified her comments regarding Covid-19 booster shots after she told the Atlantic on Monday that she plans on getting a Covid booster shot, but wants to make sure those who are at higher risk get them first. “I am not at all concerned about supply,”
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Visitors walk on the Bund in Shanghai, China, on Friday, February 12, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Foreign companies are trying to hold on to lucrative opportunities in China, even if new regulations and the pandemic have made international operations harder. As these businesses watch a crackdown on domestic tech
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin Jeff Bezos has called Blue Origin his life’s most important work – and the hours he is devoting to the space company are growing accordingly. Historically, Bezos had dedicated Wednesday afternoons to either updates and
10’000 Hours | Getty Images If you’ve worked remotely at any point this year, you may want to evaluate what that could mean for your 2021 tax return. Although many states offered a pandemic-related reprieve that generally resulted in no tax-filing obligation for people who worked temporarily in their state, the leniency was for 2020
Adding crypto to your retirement investments With the recent rise in popularity and price of cryptocurrencies, many people are still trying to figure out how to efficiently invest in the new digital asset class. While would be investors are waiting for the SEC to hopefully grant approval for the creation of crypto ETFs, which would
After California Governor Gavin Newsom triumphed in the recall election, he signed three controversial bills meant to increase house building and supply. The bills limit local zoning control and override some local powers that are used to block affordable housing projects. Will these provisions help solve California’s deep housing affordability crisis? There’s no question about California’s crisis. In August, the median
Traditionally, Northern Manhattan and the Bronx have been led by the multifamily asset class. The market for development site sales also primarily focuses on this asset class, with affordable and rent-stabilized housing leading the market. While the Bronx has lately seen a huge resurgence of interest in industrial properties and Northern Manhattan has a growing
Harvard Business School Brooks Kraft LLC | Corbis | Getty Images Harvard Business School moved all in-person classes for first-year MBA and some second-year students online this week and increased its Covid-19 testing requirements to try to curb a recent surge in Covid-19 breakthrough cases on campus. The school is switching to remote learning through
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Energy stocks led the S&P 500 on Monday as oil prices climbed amid supply concerns driven
In this article WFC Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020. Andrew Harrer | Bloomberg | Getty Images Wells Fargo paid $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of
Getty Images | filadendron Panic selling is common after stock market dips, and it’s more likely to happen with certain investors, according to research from the Massachusetts Institute of Technology. When the market drops, men over age 45 who are married with children and have self-described “excellent investment experience” are more prone to sell-offs, the
There’s been a lot of hand wringing about a looming “retirement crisis,” based on studies that project future retirees will have less money to spend in retirement compared to their working years. And indeed, many of these studies conclude that most pre-retirees haven’t saved enough money to reach a common goal for their income in
New regulations issued under sections 1291, 1297, and 1298 clarify whether a foreign corporation is treated as a passive foreign investment company and whether a U.S. person that indirectly owns stock in a PFIC is treated as a shareholder. Final regs issued January 15 (and corrected March 5 and March 10) retained the basic approach and structure of
Supply chains have been a complicated issue since the beginning of time, in all types of situations, from the battle field to the project site. In the case of the battlefield, lives were on the line as supplies weren’t able to get through the devastated landscape and the broken lines of transportation. For housing, affordability
People walk at a pedestrian crossing along the Orchard Road shopping district in Singapore on September 7, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Authorities in Singapore have tightened Covid measures as infections in the country rise to fresh record highs — but two health experts told CNBC they are not terribly
In this article 6666-HK Wilmington Trust’s Meghan Shue is out with a contrarian playbook designed to help investors grab profits during volatility. Even as correction forecasts increase and risk appetites slump on Wall Street, she lists overweighting stocks as her first recommendation for those with 9 to 12 month time horizons. “Over that time frame,
In the past, older households were more likely to retire debt free with a paid-off mortgage. Those days are over. Student loan debt for older adults, their children, and their grandchildren has been rising for decades. Debt undermining retirement security is a sinister and under-appreciated problem, but the United States Government Accountability Office (GAO) is
NEW YORK, NY – OCTOBER 31: A child dressed as Wonder Woman for Halloween at Fort Green Park on October 31, 2020 in New York City. The CDC shared on their website alternative ways to still celebrate the holiday while being safe. (Photo by David Dee Delgado/Getty Images) David Dee Delgado | Getty Images News
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures climbed in overnight trading on Sunday as investors braced for the last week of a volatile September. Futures on the Dow Jones Industrial Average
Readers, I am embarrassed to admit that a radical change to our retirement system, tucked into the “Build Back Better” Budget Reconciliation bill, wholly escaped my notice until just recently. As explained by Ashlea Ebeling, also at Forbes, “Under the proposal, starting in 2023, employers with five or more employees would have to offer a retirement