NicolasMcComber | E+ | Getty Images Tax season is fast approaching — and recipients of unemployment benefits in 2021 don’t appear to be getting a tax break like they did for 2020. Unemployment benefits generally count as taxable income. The American Rescue Plan Act, a relief law Democrats passed in March last year, authorized a
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Oscar Wong | Moment | Getty Images Planning to save more this year? There’s a higher 401(k) employee deferral limit for 2022, and now’s the time to boost contributions, financial experts say. Employees may funnel $20,500 into 401(k), 403(b) and other plans for 2022, up from $19,500 in 2021, thanks to cost-of-living adjustments from the
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In this article AMD NCLH RCL M WFC TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company
In this article PLNT Planet Fitness is seeing gym visits and membership growth hold up against the Covid omicron variant, according to the chain’s chief executive officer, Chris Rondeau. “Before there was a vaccine, we did see a pullback on joins and workouts and cancellation spiking,” Rondeau said in an interview Monday on CNBC’s “Squawk
Plenty of people make New Year’s resolutions. Bill Gates isn’t one of them. “I’ve never been a big New Year’s resolution person. I don’t have any specific goal in mind for 2022,” the 66-year-old billionaire Microsoft co-founder wrote in his annual end-of-year blog post last month. “But what I do hope is that next year
Bill Oxford | E+ | Getty Images If you’re banking on a tax refund, it may be smaller, or you may owe money this season, according to financial experts. Typically, you get a federal tax refund when you’ve paid or withheld more than the amount you owe, based on taxable income. The IRS subtracts the
The new year offers opportunities for many Americans in their careers and financial lives. The “Great Reshuffle” is expected to continue as employees leave jobs and take new ones at a rapid clip. At the same time, many workers have made a vow to save more this year, yet many admit they don’t know how
Antonio Brown #81 of the Tampa Bay Buccaneers looks on against the New York Jets during the game at MetLife Stadium on Jan. 2, 2022 in East Rutherford, New Jersey. Elsa | Getty Images Sport | Getty Images Antonio Brown is no longer a Tampa Bay Buccaneer, says head coach Bruce Arians, after the wide
While Michelin-starred meals can cost just $1.50 per plate, most restaurants that have earned the prestigious award charge much more. Many cost $300-$400 for one meal, but some command even higher rates. To find the most expensive Michelin-starred restaurants, the cooking website Chef’s Pencil researched dinner tasting menus in more than 450 restaurants around the
A person walks past a coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021. Qilai Shen | Bloomberg | Getty Images China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The Asian giant had tightened its
In this article TSLA Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla said on Sunday that it delivered more than 308,000 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter
A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like a powerful influx of retail
Flashpop | Stone | Getty Images Getting impatient waiting to hear if your student loans will be forgiven? Millions of other borrowers are in the same spot. The topic of loan cancellation has been floated for years now. On the campaign trail, President Joe Biden promised to forgive at least $10,000 of the debt for
In this article SG Jonathan Neman, Nicolas Jammet, and Nathaniel Ru, Sweetgreen at the NYSE, November 18, 2021 Source: NYSE In a year that was hot for restaurant IPO stocks, one of the late entries may have a more exciting year ahead, building a new category and showing the power of tech investments. After a
When you start a new job, you’ll often get a rundown of the company’s history and culture. Usually, though, that information isn’t coming from one of the wealthiest people on the planet. In 1994, Microsoft made an orientation video for new employees that prominently features co-founder Bill Gates, who was already fabulously wealth at then-age
Gaviota Azul beach in Cancun, Mexico. Getty Images Just as countries have started to lift pandemic travel bans and Americans begin to at least think about booking vacations abroad, the spread of the delta and omicron variants of Covid-19 has thrown the tourism industry’s fortunes to the wind again. That said, hope springs eternal and
A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many
A young woman walks past a Bitcoin symbol in the window of a company that offers blockchain application services. Sean Gallup | Getty Images News | Getty Images Bitcoin took a beating in December — but that price plunge opens a tax loophole for investors. The cryptocurrency lost about 18% this month through Thursday, with
In this article LUV JBLU AAL UAL DAL SAVE Travelers push their luggage past baggage claim inside the United Airlines terminal at Los Angeles International Airport (LAX) during the holiday season as the coronavirus disease (COVID-19) Omicron variant threatens to increase case numbers in Los Angeles, California, U.S. December 22, 2021. Bing Guan | Reuters