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
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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
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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
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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
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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
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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
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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
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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
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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
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It should’ve been the night to lure new customers onto their platforms. Instead, technical disruptions and crashes left the biggest sports gambling platforms cringing and scrambling to solve unexpected problems. In Nevada, BetMGM’s app crapped out. Ten minutes before kickoff, MGM‘s retail sportsbooks found they could not accept bets. And while disgruntled patrons complained on
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A Temasek Holdings signage at their office in Singapore. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Singapore’s state investment company Temasek Holdings announced Tuesday that Ho Ching will retire from her roles as chief executive and executive director on Oct. 1. Ho, the wife of Singapore’s Prime Minister Lee Hsien Loong, has been
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Dogecoin, a cryptocurrency that originally started as a joke in 2013, is now surging as billionaires like Elon Musk and celebrities like Snoop Dogg tweet their interest. Among those billionaires is Mark Cuban. Don’t get him wrong, Cuban realizes dogecoin has no intrinsic value — but it sure is fun. “Dogecoin is less than a
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Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take
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regulations printed on rubber stamp getty Presidential vetoes are fairly common, though they seldom carry tax implications. There have been 40 presidential vetoes since the turn of the century. That includes 39 conventional vetoes plus a single pocket veto. If you’re keeping score, the tally is as follows: President Clinton vetoed seven bills during his last year in
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