STR | NurPhoto | Getty Images Cryptocurrency has increasingly become a factor in divorce settlements as bitcoin, dogecoin and other types gain mainstream acceptance and values spike. More than 20 million Americans may own cryptocurrency, industry groups estimate, and the digital currency market value rose to $2 trillion for the first time in April. Whether
If you have any interest in having the IRS hear your voice, there are two mechanisms. One is the Taxpayer Advocacy Panel (TAP), which is a volunteer effort with a three-year commitment. Another means of getting through to the IRS is the yearly Priority Guidance Plan (PGP). As the new year for the IRS begins
Today’s column addresses questions about whether and when Social Security will fix problems with benefit calculation for those born in 1960, effects of the earnings test on survivor’s benefits and qualifying for divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
The pandemic made it clear: we all want outdoor living space. We don’t just want to walk to the park, we want to cook outdoors, relax outdoors, gather with friends and family outdoors, exercise outdoors and some people even want to work outdoors. And, we want that outdoor space to be part of our home.
Zoom In Icon Arrows pointing outwards To-go cocktails won’t be a pandemic fad. Nebraska joined 14 states and the District of Columbia on Wednesday in approving measures allowing restaurants to sell cocktails to go permanently after the success of the program during the health crisis. Six other states have approved extending the temporary measure until
In this article GPS A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap said Thursday its fiscal first-quarter sales surpassed pre-pandemic levels, as shoppers turned to Old Navy and Athleta to refresh their wardrobes for summer. The retailer raised its sales outlook for the full year as Gap’s namesake banner
Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – The movie theater operator’s shares jumped another 15.4% in premarket trading, following four straight days of gains and a nearly 36% surge in Thursday’s session alone. AMC – popular among the so-called “meme” stocks – has more than doubled
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images In the case of Elizabeth Holmes apparently all publicity isn’t good publicity. Attorneys for the former Theranos CEO are citing widespread negative coverage as a
Peter Dazeley | The Image Bank | Getty Images The threat of losing unemployment benefits in two dozen states had a modest but short-lived effect on job search activity, according to an analysis published Thursday by job site Indeed. At least 24 states have announced their early withdrawal from pandemic-era unemployment programs since early May.
Angela Muhwezi-Hall and Deborah Gladney started QuickHire, a hiring platform, during the pandemic. Deborah Gladney When the coronavirus pandemic shut down businesses across the nation, sisters Angela Muhwezi-Hall and Deborah Gladney decided it was the perfect time to start a new one. It was an idea they had been mulling over for years: a hiring
Sometimes it makes sense to add risky assets to a conservative portfolio. Holy grail for the fixed-income investor: an asset that has a decent return of its own and runs counter to the bond market. Blend this magic stuff with your Treasury bonds and you’d have a solid core holding—something that wouldn’t be utterly destroyed
President Biden’s campaign promise never to raise taxes on those making $400,000 or less annually will inevitably conflict with his proposal to tax unrealized capital gains at death. My TPC colleague Rob McClelland and I estimate Biden’s new capital gains tax could exempt about 98 percent of decedents who made $400,000 or less, but about
Everything is coming up roses (and peonies) for Courtney Sixx, who is the founder of Bouquet Box. This innovative subscription box is the perfect gift for anyone with an equal appreciation for flowers and DIY projects. Launched in February 2021, Bouquet Box was co-created with famed floral design house Mark’s Garden. It’s a truly innovative product that’s the
Free speech advocate Suzanne Nossel said Thursday she found John Cena’s apology to China “troubling” after he called Taiwan a country during a promotional interview for his upcoming film, “Fast and Furious 9.” “It felt like a forced confession,” Nossel, the CEO of nonprofit Pen America, told CNBC’s “The News with Shepard Smith.” “This clear
In this article CRM Marc Benioff, CEO of Salesforce. Adam Jeffery | CNBC Salesforce shares rose 2% in extended trading on Thursday after the cloud software maker reported fiscal first-quarter earnings that surpassed analysts’ expectations. Here’s how the company did: Earnings: $1.21 per share, adjusted, vs. 88 cents per share as expected by analysts, according
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures rose in overnight trading Thursday, as optimism over economic recovery grows amid strong labor market data. Futures on the Dow Jones Industrial Average gained 120 points, or 0.35%. S&P 500 futures ticked 0.27% higher. Nasdaq-100 futures rose
lisegagne | E+ | Getty Images Parents anxiously awaiting the July 15 start of the monthly child tax credit payments should start planning how they’ll use the extra money now. The child tax credit got a boost from the American Rescue Plan, signed into law by President Joe Biden in March. The new enhanced credit
Southeast Asia’s e-commerce market could grow by more than $260 billion by 2030 if major online shopping marketplaces do more to encourage and enable women entrepreneurs, a new report from the International Finance Corporation found. The “anonymity” of e-commerce has reduced many of the barriers to entry traditionally faced by women and afforded them the
President Biden’s proposed massive expansion of Medicaid home-based long-term care is running into trouble in the Senate. And it may be done in, not by hard-core conservatives, but by a small group of self-styled Senate moderates. In his American Jobs Plan, Biden proposed increasing the federal share of Medicaid’s home and community-based services (HCBS) program
The American Rescue Plan’s $350 billion in direct funding for state and local governments came with a caveat: Governments are not allowed to use that free money to pay for tax cuts. That had a lot of Republicans up in arms, claiming that President Biden had banned states outright from passing tax cuts. That’s not