Does it matter for your taxes if you spend $500 on your hobby, or if you spend the same amount promoting your side hustle where you earn extra money? It sure does. If your activity is a hobby, your expenses are not tax deductible. But if you are running a business (even a very small
In this article BA RYA-IE Follow your favorite stocksCREATE FREE ACCOUNT A Ryanair Boeing 737 MAX 8 aircraft as seen flying, landing and taxiing at Eindhoven Airport EIN. Nicolas Economou | Nurphoto | Getty Images Ryanair said it plans to buy at least 150 Boeing 737 10 Max planes with options for 150 more. It’s
In this article NVAX Follow your favorite stocksCREATE FREE ACCOUNT A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Shares of Novavax rose 5% in premarket trading Tuesday
In this article PYPL TREX PLTR WDC Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE), Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines before
Barbara Corcoran doesn’t want to hear your startup pitches outside of ABC’s “Shark Tank.” It’s not because her friends and strangers on the street have unrealistic business ideas, Corcoran recently told Barstool’s “Chicks in the Office” podcast. Rather, it’s because only one in every 10 of her “Shark Tank” investments actually earns a profit, she
Enes Evren Many investors are bracing for the economic fallout of the deadline for the U.S. to raise the debt ceiling or default on its obligations. Treasury Secretary Janet Yellen on Sunday said that failing to raise the debt ceiling will cause a “steep economic downturn” in the U.S., reiterating the country’s early June deadline.
When you think about the causes of dementia, age probably springs first to mind as it is primarily associated with Alzheimer’s, a disease which hits the older adult age groups the hardest. Diabetes and high cholesterol are also in the high risk category, as are family history, smoking and alcohol use, according to Stanford Medicine.
Former Real Housewives of Atlanta star Kim Zolciak-Biermann has denied reports of financial difficulties for some time—but it appears that the bills are finally catching up to her. The IRS has filed federal liens against Zolciak-Biermann and her husband, former NFL outside linebacker Kroy Biermann, in excess of $1.1 million. Real Estate Last fall, the
In this article NFLX DIS PARA WBD Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America (WGA) East hold signs as they walk on the picket-line outside of the Peacock NewFront on May 02, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America dropped
The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels. “The AI revolution is likely quite real, quite significant. But … these things unfold in waves. And, you get a little too much enthusiasm and the stocks
Orna Guralnik Source: Showtime Not long after I began working as a personal finance reporter at CNBC in 2018, I started psychoanalysis. The form of therapy had long intrigued me, with the intensity of its three sessions a week and its search for answers among our dreams and pasts. Because I’d heard that psychoanalysis was
Rich Flex? Toronto-born, Grammy award-winning rapper Drake is offloading his palatial L.A. home for a whopping $88 million. The artist purchased the home last spring from British rocker Robbie Williams and his wife, Ayda Field, for $75 million. While it’s not known exactly why he’s selling, it’s obvious why he purchased the home in the
A lot has been written as to why you should wait until 70 to start collecting your Social Security benefits. In the right situation, that is a true statement, but everyone’s situation is different. I have always said that there are as many good reasons as bad reasons to wait to collect your Social Security
The U.S. Department of Justice has filed a complaint seeking to bar nine Florida tax return preparers and their associated business from assisting in preparing federal income tax returns for others. Background According to the complaint, Richard Louis—sometimes known as the “Taxman,” Teddy Davis, James Merrill, Daniel Ouku, Demetrius Knowles, Harold Bornelus, Joseph Garrett, Marlyne
In this article LCID LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan. Justin
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Alex Karp, CEO of Palantir Technologies, speaks at Davos Congress Centre, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. Arnd Wiegmann | Reuters Shares of Palantir rose as much as 28% in extended trading
In this article PACW BRK.B ZS AMC TSN CTLT Follow your favorite stocksCREATE FREE ACCOUNT Tyson food meat products are shown in this photo illustration in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Berkshire Hathaway — The conglomerate’s A shares rose more than 1% as investors cheered
Activist investor Nelson Peltz has no intention of pursuing a shakeup at Club holding Estee Lauder (EL), in part because the prestige beauty firm’s dual-class share structure gives the Lauder family outsized control over the direction of the company, Jim Cramer said Monday . Jim’s comments came in response to a New York Post story
Sen. Bernie Sanders, I-Vt., speaks on raising the federal minimum wage outside the U.S. Capitol on May 4, 2023. Anna Moneymaker | Getty Images News | Getty Images The federal minimum wage of $7.25 an hour has not changed in nearly 14 years. Last week, Sen. Bernie Sanders, I-Vt., unveiled a new plan to update
Looking for a great Mother’s Day Gift that mom will truly appreciate? Why not give her a beautiful gift for the home? Whether mom is a DIYer, loves a comfortable chair, or likes extra luxurious bedding, here are the best gifts to consider. 7th Avenue Arm Chair With Ottoman 7th Avenue Armchair With Ottoman 7th