Historic row houses in Colombia Heights neighborhood of Washington DC, USA amedved | iStock | Getty Images Homeowners struggling amid the coronavirus pandemic received some welcome news on Tuesday, with the Biden administration announcing it will extend forbearance and foreclosure relief programs. The White House said that the move will benefit the 2.7 million homeowners
The IRS taxes most lawsuit settlements, and exact wording matters if you are trying to avoid that grim result. However, a suit about intellectual property might produce capital gain when it settles. So might a case about a landlord tenant dispute, where the tenant is bought out of a lease. A suit about damage to
The Impact Of Remote Working On Towns Across England getty Covid-19 has sent millions to their home offices as social distancing measures become commonplace around the world. Indeed, numerous big-name employers, including Aviva and Facebook, have already said that their workforces will continue to work from home for the foreseeable future. This has created understandable
bailout money getty Last week, I walked readers through the particulars of the latest version of a bailout plan for the troubled multiemployer pension plans. I explained that the new plan, one component of the “Covid relief” reconciliation bill, was a significant disappointment insofar as it consisted wholly of plowing cash into the most-troubled plans
The AR500 turbine awaiting installation in waters off the Goto Islands, Japan. A tidal turbine built and tested in Scotland has been installed in waters off a Japanese island chain, representing the latest example of how the East Asian country is investigating the potential of marine-based forms of energy production. In a statement Monday, London-listed
As a record amount of money flows into the market, Wilmington Trust’s Meghan Shue sees a troubling trend. Shue, who oversees almost $136 billion in assets, is concerned retail investors are rushing into stocks and cryptocurrencies that are high risk and offer few benefits — if any at all. “It’s a little bit of chasing
Aspen saw total sales volume hit more than 1.5 billion in 2020’s third quarter. getty Sotheby’s International Realty recently released its 2021 Luxury Outlook Report. Taking a deep dive into high-end residential markets both nationally and internationally, Sotheby’s research offers insights into luxury real estate for today and the future. Bradley Nelson, chief marketing officer
India’s push toward electric vehicles is creating opportunities for companies in ancillary spaces such as battery manufacturing, according to an analyst at diversified financial services firm Motilal Oswal. The move toward electric vehicles is “inevitable” globally as well as in India, where higher fuel prices can make owning cars that run on electricity comparatively more
Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of extended trading Monday evening after finishing strong last week. Dow futures rose 180 points, suggested an implied open
AleksandarNakic Presidents’ Day is meant to honor our country’s greatest leaders. This year, it also represents another day off from school when parents are already stretched to the limit, juggling work and family obligations amid the coronavirus pandemic. Nearly one year since the Covid-19 outbreak began, mothers and fathers who are currently working remotely increasingly are
The students holding a shot of graduation cap by their hand in a bright sky during ceremony success … [+] graduates at the University, Concept of Successful Education in Hight School,Congratulated Degree getty President Biden and House Way & Means Committee Democrats have proposed increasing the earned income tax credit (EITC) for workers without children
The former home of Styx guitarist Tommy Shaw sits on nearly an acre of grounds below the Hollywood … [+] sign in Los Angeles. Hilton & Hyland How much a dollar goes in the high-end housing market can be significantly different from location to location. In this week’s look at luxury homes for sale, I
Critical care workers insert an endotracheal tube into a coronavirus disease (COVID-19) positive patient in the intensive care unit (ICU) at Sarasota Memorial Hospital in Sarasota, Florida, February 11, 2021. Shannon Stapleton | Reuters Some Covid-19 patients are experiencing shortness of breath, fatigue, headaches and “brain fog” for months to nearly a year after their
Neil Woodford, Woodford Investment Management. Woodford Investment Management LONDON — Neil Woodford, the former U.K. star stockpicker whose investment firm collapsed in 2019, has said “sorry” to investors as he shared plans to make a comeback with a new business. Woodford said in an interview with The Telegraph, published Saturday, that he was “very sorry
According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 billion, told CNBC Make It in 2019. To start, “figure out what you’re passionate about,” she
President Joe Biden holds a meeting with US Senators about infrastructure improvements in the Oval Office of the White House in Washington, DC, February 11, 2021. Saul Loeb | AFP | Getty Images Covid-relief plan Biden’s stimulus plan, currently being debated in Congress, calls for $1,400 in direct payments to most Americans and an increase
ljubaphoto The 2020 tax season is officially underway, and the millions of Americans who collected unemployment benefits last year due to the coronavirus pandemic may be in for a surprise. That unemployment income is taxable, and if you didn’t have money set aside or withheld for those taxes, it could reduce your refund or even
Ocean Walk, from Pebb Capital is among retail centers that have pivoted to prosper by creating a … [+] safe environment for tenants and shoppers alike during the Covid-19 pandemic. Pebb Capital The past 11 months have seen the commercial real estate landscape increasingly littered with retailers on life support. But it has also taught
Ferrero Rocher chocolate and hazelnut confectionery seen in a supermarket. Alex Tai | SOPA Images | LightRocket | Getty Images No reservations are required this Valentine’s Day, as the pandemic makes romantic dinners out less likely. But chocolate will still be a key part of the celebration, as people express their love not only for
Like every other middle-aged American man, I’m riddled with insecurities. To compensate for those fears that I’m not quite good enough, I’ve become overly competitive in all arenas of my life because, well…it’s cheaper than a sports car. Electric city bikes on a stand in snow on the Upper West Side, New York. (Photo by: