Marcos Elihu Castillo Ramirez | iStock | Getty Images Considering a Medicare supplement plan, aka Medigap? Be sure to choose one based on more than just its cost. These policies, sold by private insurance companies, generally cover part or most cost-sharing — i.e., copays or deductibles — that comes with basic Medicare (Part A hospital
Hawaii and New York rank last in the nation on key economic growth measures, a sign that the pandemic continues to take a toll on major cities and tourism-reliant economies. In its first Index of State Economic Momentum update for 2021, the Federal Funds Information for States’ reports that Hawaii lags the nation’s economic momentum by an
For the past few decades, the sledgehammer has begun most remodeling projects. Countless design shows depict, early in the program, gleeful homeowners and builders knocking down walls as they transform yet another traditional home design into the open concept floor plan we are all said to favor. An open concept layout combines living, family and
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, at the store in the Windsor Hills neighborhood of Los Angeles on Nov. 24, 2020. Patrick T. Fallon | AFP | Getty Images Small businesses are realizing they might not have much time to tap the Paycheck Protection Program as
When it comes to retirement planning, a common question these days is “in light of all that’s going on, how should I take my retirement drawdowns?” By “going on,” consumers are mainly referencing the potential increase in income taxes and concerns with the future of Social Security. Add the recent spate of early retirements due
In this article T “Godzilla vs. Kong” shattered expectations both in theaters and on the HBO Max streaming service, offering some hope for the hard-hit film industry that audiences will return to theaters. “I think people really miss going out and having fun,” said Joshua Grode, CEO of film production company Legendary Entertainment on CNBC’s
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC Jamie Dimon is bullish on the U.S. economy – at least for the next few years. Dimon, the long-serving JPMorgan Chase CEO and chairman, sees strong growth ahead for the world’s biggest
Gone are the days when booking a private jet required a long conversation on the phone. Now, mobile apps let flyers book charter flights in a matter of minutes. Major players in private aviation, as well as emerging competitors, now have apps. Many follow a similar process: Customers choose where they’re coming from and their
Andrew Harrer | Bloomberg | Getty Images The Consumer Financial Protection Bureau is warning mortgage servicers that they’re expected to help the surge of struggling homeowners in the pandemic and explore options other than foreclosure. “Responsible servicers should be preparing now,” CFPB Acting Director Dave Uejio said in a statement. “There is no time to
For the second year in a row, you have additional time to file your federal taxes. On March 17th, the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021 to May 17, 2021. This
Australia’s housing sector has proven to be exceptionally resilient during the coronavirus pandemic, with each of the country’s capital cities seeing an annual rise in property prices. Last month, the Australian Bureau of Statistics reported a 3% increase in residential property prices in the December quarter 2020, led by Sydney (at 3%) and Melbourne (3.4%).
Over the past couple of months, we have seen bond yields rise dramatically and much quicker than many expected. The bell-weather 10-year Treasury bond has gone from yielding about 1.0% in late January to 1.75% in recent days. So what’s the big deal? Ever since the Federal Reserve embarked on a zero-interest rate policy during
In this article GM The new 2019 Chevrolet Silverado 1500 makes its official debut at the 2018 North American International Auto Show January 13, 2018 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT – Shares of General Motors reached a new record during intraday trading Tuesday after the automaker confirmed plans to produce an
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock index futures advanced during overnight trading, after the major averages finished Tuesday’s session in the red. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures rose 0.05%, while Nasdaq 100 futures were up 0.04%. The
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images The night before the Archegos Capital story burst into public view late last month, the fund’s biggest prime broker quietly unloaded some of its risky positions to hedge funds, people with
Jeff Greenberg | Universal Images Group | Getty Images Around 1 in 10 people have fallen victim to gift card scams, according to a survey from AARP, the advocacy group for older Americans. In these scams, criminals convince targets that they need to purchase a gift card, sometimes called an electronic voucher, to pay bills,
In this episode of Tax Notes Talk, Joel Slemrod and Michael Keen, authors of Rebellion, Rascals, and Revenue: Tax Follies and Wisdom Through the Ages, share interesting tax facts and lessons learned from history. The post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes
The Biden administration unveiled a $2 trillion infrastructure plan last week, and it contains some much-needed wellness design enhancements for American homes. Even its goals of increasing affordable housing stock and improving public housing advances the ideal of everyone having a safe, healthy place to live. The pandemic pointed out the importance of this ideal,
SDI Productions | Getty Images 2020 brought forward a crucial national conversation centered on the need for companies – from Main Street to Wall Street – to look inward at hiring practices, employment policies, recruitment and other aspects of the employment process to expand opportunities for diversity, equity and inclusion. It seems every company in
This post is not about aging or retirement, it is about a book written by one of the brightest stars in that universe. I’m talking about the universe of people who are attempting to better understand what it means to retire and grow older, and the supreme commander of that universe is surely Ken Dychtwald. Radical