When you’re saving for retirement, keep in mind that Medicare premiums include surcharges for … [+] high-income earners. getty The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2021, and the base premium increases just 2.7% from $144.60 a month to $148.50 a month. That $3.90 monthly increase compares to a
While there are some votes still being counted (and even more being contested) there is enough certainty to provide at least an early bird take on taxes – in both the lame duck session and in the new Congress. That said, with control of the Senate dependent on the outcome of the two Georgia runoff elections
Private outdoor space, like this setting at Brooklyn’s 175 Spencer, is among the must-have amenities … [+] for many of today’s multifamily renters and owners. MNS Even as the mercury slowly ebbs around the much of the country, one big multifamily selling point of summer 2020 continues to carry appeal. The new must-have amenity for
General Motors plans to significantly increase production of its highly profitable pickup trucks by investing up to $1 billion in its Canadian operations. The investment is part of a tentative deal with Canadian union Unifor, GM CEO Mary Barra told investors Thursday during the company’s third-quarter earnings call. The investment is pending union member ratification
Peloton on Thursday reported quarterly sales growth of 232%, exceeding the company’s expectations, as consumers turned to its bikes and treadmills to work out and stream live classes from home during the coronavirus pandemic. The bike maker raised its revenue outlook for fiscal 2021, and now expects to report $3.9 billion or more in total
Volunteers hand out potatoes in Auburn, Washington on May 7, 2020. JASON REDMOND | AFP | Getty Images That’s a big jump from the prior month, when 19% of the unemployed were out of work for at least six months. The number of long-term unemployed swelled by 1.2 million people in a month, to 3.6
Since Tuesday, MSNBC national political correspondent Steve Kornacki has been running on fumes, living off Diet Coke with little sleep. Late Thursday night, Kornacki tweeted, “Forget grabbing sleep, there’s still votes coming in in PA. I’m heading back to the studio.” Twitter users urging Kornacki to take a break and change his clothes (he’s know
Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host
bymuratdeniz | E+ | Getty Images The standard monthly premium for Medicare Part B will be $148.50 in 2021, officials announced Friday. The $3.90 increase is 2.7% more than the 2020 figure of $144.60, according to information released by the Centers for Medicare and Medicaid Services. The deductible for Part B, which covers outpatient care,
CEO Ravin Gandhi (R) and stars of his film Heidi Johanningmeier (C) and Colin Egglesfield (L). “100 Days to Live” won Best World Premiere at the San Diego Film Festival and Best First-Time Director. Ravin Gandhi As a CEO, I feel it’s healthy to have hobbies which take your mind off the daily stresses of
By Kerry Hannon, Next Avenue Entrepreneur Dennis Bozzi Dennis Bozzi Starting a business on a wing and a prayer is a fool’s game. That’s why older Americans eyeing entrepreneurship, perhaps in response to a layoff or an early retirement package, are seeking courses and programs to learn business skills and explore the possibility of being
Ryan LLC is major tax advisor to oil and gas industry getty G. Brint Ryan and Ryan LLC may be transforming the way high end tax practice is done. And it does not appear that the industry is noticing. Ryan’s recent (September 15) $4.25 million investment investment in Incentify LLC, an enterprise tax credit and incentives platform
Elon Musk finds another buyer for one of his Los Angeles properties AFP via Getty Images Elon Musk has had another notch of success in his goal of unloading all his Los Angeles properties, which he first offered for sale in a tantalizing series of tweets declaring that he was going to sell almost everything
Faris Hadziq/SOPA Images | LightRocket | Getty Images Bentley Motors plans to exclusively offer plug-in hybrid and electric vehicles by 2026 and fully electric models by 2030, the British luxury carmaker said Thursday. Bentley, which is owned by German automaker Volkswagen, will offer two unnamed plug-in hybrid models starting next year. The first full-electric vehicle
A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS Health reported a better-than-expected 3.5% jump in third-quarter revenue and raised its 2020 earnings guidance on Friday as its plan to remake the drugstore chain into a health service company paid off. Offering everything
Take a look at some of the biggest movers in the premarket: CVS Health (CVS) – CVS named Executive Vice President Karen Lynch as its next CEO, effective Feb. 1, replacing the retiring Larry Merlo. Separately, CVS reported better-than-expected sales and profit for its latest quarter, as prescription drug volumes rebounded. Shares rose 2% in
It just got easier for residents of major world cities to find the best tipples in town. The World’s 50 Best Bars were announced on Nov. 5 in London via a virtual awards ceremony, with the city’s Connaught Bar clinching the No. 1 spot. The bar — which ranked No. 2 last year — traded
Billionaire investor Leon Cooperman told CNBC on Friday that he was concerned about the long-term outlook for the stock market because “too much debt is being created.” “I think the overwhelming reality is the Fed is just creating this environment of free money. You have to kind of make a judgement whether that’s justified, how
bymuratdeniz | E+ | Getty Images As a group, Medicare beneficiaries generally share at least one thing: Covid-19 risk. Most of the program’s 62.8 million recipients are age 65 or older, making them more likely to develop complications from the virus or succumb to it, according to the Centers for Disease Control and Prevention. Recent
Wealth Inequality Made The Recession Worse getty Senate Majority leader Mitch McConnell (R-KY) said that an economic stimulus bill will be a top priority after the election. Such a bill could contain money for struggling families and businesses and possibly some assistance to state and local governments. A quick, substantial boost to people’s incomes is