A member of the medical staff treats a patient suffering from the coronavirus disease (COVID-19) at the Intensive Care Unit (ICU) of the Slany Hospital in Slany, Czech Republic, October 13, 2020. David W. Cerny | Reuters The World Health Organization said Friday that Europe‘s coronavirus outbreak is “concerning” as the number of available intensive
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to
Mike Kemp | Blend Images | Getty Images Matt Becker opened his financial advisory practice, Mom and Dad Money, not long after he and his wife, Casey, had their first son, Aiden, and struggled with all the financial decisions new parents need to make. “I looked around and I didn’t see a lot of advisors
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020. Kevin Dietsch/UPI | Bloomberg | Getty Images President Donald Trump and Democratic presidential nominee Joe Biden have diverging views on the economic rebound that has played out after the coronavirus pandemic upended the country last spring. Trump and administration
By Kerry Hannon, Next Avenue Contributor Wendy Mayhew Wendy Mayhew Is a pandemic that’s led to shuttered retail operations and staggering layoffs really a time to start a business? You might not think so. But startups are rising at the fastest rate in more than a decade. And Wendy Mayhew, author of the new, practical
The US Attorney General’s Cyber Digital Task Force recently issued a comprehensive report outlining the United States’ framework for enforcement against cryptocurrency-related crimes. This report explains emerging threats, enforcement challenges, and case studies. According to the task force report, tax evasion is one of the three major ways bad actors use cryptocurrency. This report adds
Home buyers expand their needed requirements to meet the demands of work from home and distance … [+] learning getty Last week, Box, Inc., told their staff that they can work from home permanently. Box joins numerous companies who have told their employees that they have the option of working from home indefinitely. We have
A United Airlines plane seen at the gate at Chicago OHare International airport (ORD)on October 5, 2020 in Chicago, Illinois. Daniel Slim | AFP | Getty Images United Airlines‘ CEO Scott Kirby on Thursday said he expects air travel demand to remain lower than normal until there’s a widely available coronavirus vaccine, but the worst
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — As China recovers from the coronavirus pandemic, the country’s central bank is more open to increasing loans to an already debt-heavy system than it is to cutting back.
Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
Courtney Keating | Getty Images Even homeowners with poor credit scores may be able to take advantage of mortgage refinancing options to ease their financial burden amid the coronavirus pandemic. The housing market is one of the only parts of the economy that’s seen a solid rebound during the Covid-19 crisis, thanks in part to
ATLANTA, GA – AUGUST 4: Branch President Raphael Bostic poses for portrait in front of Atlanta, … [+] Georgias Federal Reserve Bank on August 4, 2020. (Photo by Eric Hart Jr. for The Washington Post via Getty Images) The Washington Post via Getty Images The next Treasury secretary will have a mess on her or
Democrats are betting that they can get voters to go along with big tax increases as long as they ostensibly hit only “the rich” and businesses. In this episode of What’s Ahead, we look at three state referendums that will test this hypothesis. California’s Proposition 15 would remove caps on taxing commercial real estate above
Architect and digital twin of a building getty Augmented reality in supermarkets Have you ever wondered why supermarkets don’t offer augmented reality guides to the locations of their products? Instead of criss-crossing the store, hunting for the tomato juice or the paprika, why can’t you upload your shopping list into something like Google Maps and
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. Source: Noah Berger | General Motors Cruise, a majority-owned subsidiary of General Motors, plans to begin testing unmanned autonomous vehicles by the end of
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stock futures were flat in overnight trading on Thursday as investors await the latest retail
Mansions seen along the coast of Palm Beach, Fla. Getty Images Home sales in Palm Beach, the exclusive island retreat of the president and countless billionaires, tripled in the third quarter as the wealthy fled the cities and higher-tax states of the Northeast, according to a new report. “It may be the hottest real estate
izusek | E+ | Getty Images The Social Security Administration announced this week that the cost-of-living adjustment for benefits in 2021 will be 1.3%. For the average retirement benefit, that amounts to just a $20 increase per month. Now, two Congressional Democrats — Reps. Peter DeFazio, D-Ore., and John Larson, D-Conn. — plan to propose
getty The headline: “State district judge rules part of Houston’s pension reform is unconstitutional.” And the report is a bit of a head-scratcher at first: the firefighters’ pension fund complains that the city is using a lower valuation discount rate than they themselves would have used, which has the effect of increasing the city’s required
getty Together with the United States District Court for the Northern District of California, the Internal Revenue Service (IRS) Criminal Investigations (CI) division announced what is being called the largest ever tax charge against an individual in the United States. Robert T. Brockman, a 79-year-old resident of Texas, and the chairman and CEO of The