laflor | E+ | Getty Images After experiencing a year that I am sure we would all like to forget, there are definitely some financial lessons learned from 2020 that we should use in our day to day lives going forward. The most significant thing about experiencing events that are statistically very rare, such as
Billionaire investor Sam Zell told CNBC on Tuesday that some deals involving special purpose acquisition companies remind him of the speculation in internet companies during the 1990s dot-com bubble. In an interview on “Squawk Box,” Zell said he believes SPACs do offer positive benefits for investors who buy in at the creation of the so-called blank check
President Biden is determined to provide a third round of COVID stimulus to the American people, and with Democrats in control of both the House of Representatives and the Senate, there are few fiscal or procedural impediments to doing just that. WASHINGTON, DC – FEBRUARY 09: Secretary of the Treasury, Janet Yellen looks on as
sturti | E+ | Getty Images Democrats are forging ahead with plans to send millions of Americans $1,400 stimulus checks. Their most recent proposal sheds light on just who could be eligible for the money once it’s approved. The House of Representatives unveiled its legislative drafts on Monday. Democrats, under the leadership of President Joe
Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Twitter’s stock was flat in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as the company beat Wall Street’s earnings and
Alex Gorsky, Chairman and CEO of Johnson & Johnson, celebrates the 75th anniversary of his company’s listing on the floor at the New York Stock Exchange, September 17, 2019. Brendan McDermid | Reuters People may need to get vaccinated against Covid-19 annually, just like seasonal flu shots, over the next several years, Johnson & Johnson
The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California. Mike Blake | Reuters Check out the companies making headlines after the bell on Tuesday: Twitter — The social media company’s shares were up 1% after-hours on better-than-expected results for the fourth quarter. Twitter earned 38 cents a share
In October 2011, I moved to New York to pursue my dream of becoming a writer. I’d graduated from Boston University in 2008 with $85,000 in student loan debt. Although I’d made some payments, by the time I moved I was closer to $90,000 in the hole due to mounting interest. I juggled multiple jobs
If anybody on Wall Street is due a victory lap, it’s Daniel Pinto. The head of JPMorgan Chase‘s massive corporate and investment bank is fresh off a year for the record books: Pinto’s business produced $49.3 billion in revenue and $17.1 billion in profit in 2020, more earnings than JPMorgan’s three other divisions combined. But
Economic Security Planning, Inc. Today’s column addresses questions about whether filing at 70 increases spousal and survivor’s benefits payable to a spouse, when the combined family maximum applies and whether previous COLAs are included in delayed retirement benefit rates. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
Broker Associate at LIV | Sotheby’s International Realty based in Breckenridge, Colorado. getty In the last few years, we have learned that adapting to ever-changing business practices is essential to remaining relevant and successful in any business. Real estate professionals are no different. Although technology continues to disrupt the way we conduct business, technological advancements are a great
getty It’s that time of year when, if you’re like most people, you begin to once again turn your attention to your IRA. The year-end statements are starting to trickle in, so you might feel the urge to re-evaluate things and perhaps make some changes. But, do you really know what you should be looking
valentinrussanov | E+ | Getty Images Hotels and resorts, like the rest of the travel industry, have taken a hit during the pandemic, but prospective travelers willing to book accommodations later this year may see a silver lining in the form of especially low room rates and widespread availability. That’s according to the American Hotel
A man waits for pharmacist Joe Borge in Danvers, MA on Feb. 1, 2021. On the first day of Phase 2 of the COVID-19 rollout, seniors, 75 and over, get vaccinated in the Walgreens Pharmacy, at 107 High Street, in Danvers. Pat Greenhouse | Boston Globe | Getty Images Walgreens and Uber are teaming up
Stefani Reynolds/Bloomberg via Getty Images Millions of Americans will get tax forms for unemployment benefits this filing season. However, many will get them in error due to fraud, creating a potential headache for recipients. At least $36 billion has been lost to improper unemployment payments, largely due to fraud, by early November, according to an
Self-made billionaire Mark Cuban, investor on ABC’s “Shark Tank” and owner of the Dallas Mavericks, often attributes his success to his commitment to life-long learning. But “the most underrated thing” about Cuban is a skill he honed working at a bar in college, Cuban’s former statistics professor at Indiana University, Wayne Winston, reportedly told podcast
The contents of the Starlink Kit for customers, which includes the satellite antenna dish, a stand, its power supply, and a WiFi router. SpaceX SpaceX once again widened the scope of the public beta test of its Starlink satellite internet service, with Elon Musk’s company on Monday beginning to accept preorders from potential customers. Prospective
VAT remains at the forefront of the UK tax authority’s (HMRC’s) Making Tax Digital (MTD) plans, which aim to make HMRC a “world-leading, digital tax authority.” The next phase of MTD takes effect this year, for VAT return periods starting after April 1 2021. The changes have extensive application and will be relevant to most
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. getty Multifamily brokers frequently hear this comment from apartment property owners: “I don’t want to list, but you can bring me a buyer.” Their reasons sometimes include previous bad experiences, fear of getting “tied up” in a formal
Investment fees can invalidate the 4% Rule. Here’s what you need to know. getty The 4% Rule has helped generations of retirees estimate how much they can spend each year in retirement. What many don’t know, however, is the role investment fees played, or didn’t play, in the creation of the rule. For example, does