As 2020 draws to a close, many of us will be thankful to bid farewell to a year like no other, one fraught with fear, sadness and challenges. Yet, despite the hardship of the coronavirus pandemic, this year will also go down as a momentous one for all the rapid developments it has brought about
European Commission President Ursula von der Leyen, European Council President Charles Michel, German Chancellor Angela Merkel, French President Emmanuel Macron and Chinese President Xi Jinping are seen on a screen during a video conference to approve an investment pact between China and the European Union on December 30, 2020. Johanna Geron | AFP | Getty
Mike Molitoris received the second stimulus check via direct deposit on Wednesday. The pending funds will be available to use Jan. 4. Mike Molitoris Mike Molitoris, a wealth manager in Cary, North Carolina, heard that checks were being issued via direct deposit on the radio while he and his family were out seeing Christmas lights
FEBRUARY 29, 2020: A set of gold-plated tea cups (Photo by Robert Alexander/Getty Images) Getty Images Most likely you will pay your Social Security taxes all year round. But some high earners will stop paying before their hangover headache hits in the wee hours of New Year’s Day. Social Security benefits are paid by the
Republicans refuse federal aid for state and local budgets in part because of hostility to public … [+] employee pension plans. getty In the drama over the federal Covid-19 relief legislation, Republicans led by Senate Majority Leader Mitch McConnell (R-KY) rejected state and local budget aid, claiming it would be used to bailout badly managed
The contemporary villa-style home, listed for about $3.93 million, takes in golf course and sea … [+] views from a hillside perch in Dénia, an all-season coastal community in Valencia, Spain. Immobiliaria Rimontgo If a perch where the Mediterranean stretches along the horizon is on your scorecard, cast your eyes toward this contemporary villa set
CDC headquarters in Atlanta Elijah Nouvelage | Bloomberg via Getty Images Officials from the Centers for Disease Control and Prevention said Wednesday that a new strain of Covid-19 now circulating in the U.S. could further stress hospitals that are already overwhelmed with coronavirus patients. Colorado health officials announced Tuesday that they detected the first known
Bryn Mawr Trust’s Jeff Mills is making a big bet on the economic recovery. After years of decline, he predicts small-cap stocks’ 2020 comeback will deliver even bigger gains to investors next year. “We’re at this point where monetary policy and fundamental economic growth, at least in our opinion, line up,” the firm’s chief investment officer
MARK RALSTON | AFP | Getty Images There’s a chance that at least a couple of people will end 2020 far wealthier than most of us. With no ticket matching all six numbers drawn Tuesday in Mega Millions, the jackpot has jumped to $401 million for Friday night’s drawing. Powerball’s top prize isn’t far behind,
Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus interest, to about 2,300 customers who are saving money in 529 plans, the Financial Industry
getty The clock is running out on 2020. If you’re like the 83% of Americans who think that 2020 was either just “OK,” “bad,” or “terrible,” you’re probably looking forward to ringing in the new year. But if you have an hour or so to spare before the ball drops, a smart money move before
The US Capitol building is seen on a cold and sunny winter day as Congress is in session in … [+] Washington on December 29, 2020. – US President Donald Trump lashed out at the Republican leadership in Congress on Tuesday as he faces a humiliating first veto override in the final days of his
Sacramento ranks number one on realtor.com’s 2021 top markets list getty Here’s a look at realtor.com’s top markets for 2021. According to realtor.com report tech hubs and state capitals will lead the pack for home price appreciation and sales growth. This year’s top ten out of 100 markets include in order: Sacramento, San Jose, Charlotte,
Clinicians work in the former lobby of Providence St. Mary Medical Center, which has been converted into a care space to treat suspected COVID patients, amid a surge in COVID-19 cases in Southern California on December 23, 2020 in Apple Valley, California. Mario Tama | Getty Images California will extend its stay-at-home order for two
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AMC Entertainment — Shares of the beleaguered movie-theater chain fell more than
Robert Herjavec has an end-of-year ritual that sets him up for success: organizing his calendar for the whole next year, Herjavec previously told CNBC Make It. “I live and die by my calendar,” Herjavec, investor on ABC’s “Shark Tank” and CEO of cybersecurity firm the Herjavec Group, said in December 2017. “[It] allows me to manage
Traders work on the floor of the New York Stock Exchange. NYSE The pandemic turned 2020 into a year of unprecedented events — not the least of which was the swift crash and then record-fast recovery of the stock market. The market’s race higher has been in stark contrast to an economy that has been
Getty Images Sitting on a growing bitcoin fortune? Consider giving away some of it to charity. As 2020 draws to a close, the cryptocurrency has seen a massive surge in appreciation. The value of a single unit of bitcoin is now hovering around $27,000. Though long-time holders of the virtual currency are rejoicing, they run
Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past spring, when deceased individuals were among the recipients of a prior round of direct payments, of up to $1,200 per person. More than 1 million
“If I have seven figures in a retirement account, is it possible I’m saving too much for … [+] retirement?” getty In my line of work, I meet a lot of people who are concerned they haven’t saved enough for retirement. But interestingly, I’ve also heard the opposite. “If I have seven figures in a