FG Trade | iStock | Getty Images Married? You may want to think about how claiming Social Security early would affect your spousal benefits. For starters, not all early filers can access those benefits right away. And for those who can, it may not translate into a bigger monthly check. It’s also common to misunderstand
Excise taxes are commonly employed to deter consumption or internalize societal costs, but in West Virginia, Gov. Jim Justice (R) is proposing to increase the excise tax on soft drinks to pay for part of an income tax reform. He’s not alone in considering ways to raise revenue as state lawmakers look to a time
In this article TJX W HD BURL ROST COLD GPS WSM AMZN PLD CBRE JLL A worker stacks boxes inside of an Amazon fulfillment center in Robbinsville, New Jersey. Lucas Jackson | Reuters The next big industrial warehouse might find itself on top of a former golf course. Or in an empty office building. Maybe
In this article WPF^ BFT^ NDAQ FNF BX London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with blank-check company Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC Monday. Foley, who set up the special purpose acquisition company, or SPAC, announced in December
In this article .SPX US10Y XLK XLE XLV XLP XLU XLC CFRA’s Sam Stovall sees three reasons April should spell gains for stocks. Stovall, who’s known for building market forecasts based on historical trends, highlights market instability over the past two weeks as his top bullish signal. “The period after the Ides of March is
In this article MS GS 8604.T-JP CSG.N-CH VIACP People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters When investors are stampeding for the exits, it pays to be first out the door. That’s what happened when falling shares in ViacomCBS
Steven Heap/EyeEm/Getty Images The deadline to contribute to individual retirement accounts and health savings accounts is May 17, the same day that individual federal income tax returns are due, the IRS said Monday. The announcement comes after the agency postponed the filing deadline to May 17 from April 15 following increased calls for more time
Both sides agreed that generic statements about firms’ integrity and honesty can sometimes be the basis for securities fraud class-action suits. WASHINGTON — A frustrated Supreme Court heard arguments on Monday in a securities fraud class-action case against Goldman Sachs, with several justices indicating puzzlement about what they were meant to do in light of
Ronel Remy, an organizer with City Life/Vida Urbana, speaks during a “Rally to Stop Evictions and Foreclosures” at the Boston Common Fountain in Boston on Oct. 11, 2020. Matthew J. Lee | Boston Globe | Getty Images A federal ban on evictions is putting the squeeze on smaller landlords, who are unable to directly access
In this article HAFAX Ronald Terry, 93, visiting his late-wife’s grave. He’s living with his daughter, Ellen Minor, who is his primary caregiver. Photo: Ellen Minor Over the past year, Ellen Minor has been caring for her 93-year-old father in their Covid bubble. It’s been far from easy. “I can’t tell you how close I
In this article TWTR FLY PEBO PFBI AMZN V BILI BA TME CALM LUV 8604.T-JP CSCO GS VIAC DISCA CG Take a look at some of the biggest movers in the premarket: Discovery Communications (DISCA), Viacom (VIAC) – Both stocks remain on watch this morning, after significant declines last week. A source with direct knowledge
In this article TSLA ROKU ARKK TDOC TRMB PRNT KTOS LHX JD 6301.T-JP LMT IRDM HO-FR BA Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a
kohei_hara | E+ | Getty Images There’s a good reason many people want to claim head-of-household filing status with the IRS: It’s a great deal. The head of household can claim a 50% larger standard deduction than single filers can ($18,650 vs. $12,400). They also benefit from wider tax brackets on lower income levels. For
As millennials begin to turn 40 in 2021, CNBC Make It is launching Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amidst the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. Travis Jang-Busby is a married lawyer
In this article AZN-GB The European Union could open up a “Pandora’s box” if it decides to restrict exports of coronavirus vaccines, a political analyst told CNBC last week. Vaccination drives in the 27-member bloc have been hindered by production issues. Anglo-Swedish firm AstraZeneca earlier this year cut its first-quarter target from 90 million doses
In this article TME 700-HK Executives of Tencent Music Entertainment celebrate the company’s IPO outside the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018 Bryan R Smith | Reuters GUANGZHOU, China — Tencent Music Entertainment Group announced plans to buy back up to $1 billion worth of shares on Monday after
Over the last few years, concerns have been raised that the existing international tax system does not properly capture the digitalization of the economy. Under current international tax rules, multinationals generally pay corporate income tax where production occurs rather than where consumers or, specifically for the digital sector, users are located. However, some argue that
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies during a Senate Health, Education, Labor and Pensions Committee hearing on the federal coronavirus response on Capitol Hill on March 18, 2021 in Washington, DC. Susan Walsh | Pool | Getty Images The latest rise in new Covid-19 infections can’t be
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stock futures held steady in overnight trading Sunday after a rush of broad based late buying pushed the S&P 500 to a record high in the final minutes of the previous session. Futures on the Dow Jones Industrial Average dipped
In this article JNJ Intensive-care unit and lung doctor Dr. Vin Gupta slammed the Republican governors of Arizona, Florida and Texas for what he said was premature reopenings, especially as new variants take hold across the country. “It’s not good public policy what the governors of Arizona, Florida and Texas are doing,” Gupta said. “It