“Pay me next year” requests are common with employers, suppliers, vendors, customers, and more. This time of year, many people ask for payment in January. You probably assume you can’t be taxed until you receive money. Actually, though, if you have a legal right to payment but decide not to receive it, the IRS can still tax you now, even
Month: December 2019
Star Wars’ creator George Lucas has bought a beachfront property next to his villa in Carpinteria, … [+] California. (Photo by Frazer Harrison/Getty Images) Getty Images Legendary director George Lucas is expanding his beachfront villa in Carpinteria, California, after the purchase of a 2-acre site next door for $28 million. The property acquired by Lucas,
President Donald Trump should go forward with the next round of tariffs set for Dec. 15, CNBC’s Jim Cramer said Friday. That’s because the November jobs report issued Friday shows the U.S. economy is stronger than some may have believed, the “Mad Money” host said. “If we’re experiencing this kind of growth without inflation, that
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on September 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Shares of video conference software company Zoom initially rose but then fell as much as 11% Thursday after the company issued fiscal third-quarter earnings that surpassed estimates, revealing slowing growth.
Larry Kudlow, White House National Economic Council director, said the U.S. and China are “close” to a trade deal but that the administration was prepared to walk away if it did not get the terms they wanted. “The president has said many times if the deal is no good, if the assurances with respects to
Smith Collection | Gado | Getty Images RBC Capital thinks that there is a quickly growing but overlooked part of Amazon’s business – namely, Amazon Business – with revenue that will exceed more than $30 billion in just a few years. “We believe Amazon Business has largely been ignored by investors,” RBC Capital Markets analyst
The arrival of a new baby can be one of the most joyous occasions in life. It also should be a time of careful planning for the little one’s arrival, everything from picking out baby clothes to furnishing their nursery and planning for longer-term needs — such as health care, child care, and education. According
Getty Imagine this: Your employer says not only can you work from home, you can work from anywhere in the world. Hmm… Maybe you’d move near your grown kids in another part of the country and work from there. Or maybe you’d relocate to a less expensive, warmer spot and cut your daily living costs.
Leaning foreclosure sign in front of a modern single family home on a cloudy cold day Getty $8.41. That was how much 83-year-old Uri Rafaeli, a retired engineer, in Michigan underpaid his property taxes by in 2014. That was all it took for him to lose his house. Rafaeli bought a 1,500-square-foot Southfield home in
photo credit: Getty Getty The year of rejuvenation continues for the domestic-focused U.S. real estate sector following one of the toughest years for REITs and homebuilders since the financial crisis. For the U.S. housing industry, the story of this year continues to center around the resilient demographic-led growth in household formations along with the sharp
CNBC’s Jim Cramer takes a look at the coming week of earnings reports, the Fed and stock market news. The “Mad Money” host sits down with Boot Barn CEO to get a better picture of its expansion plans. Later in the show he explains why President Donald Trump should let the Dec. 15 tariff hike
CrowdStrike released fiscal third-quarter 2020 results Thursday, and it beat on both the top and bottom lines. The stock fluctuated in after-hours trading on Thursday. It was up as much as 3.5% late in the afternoon. Here’s how the company did versus expectations: Loss per share: 7 cents vs. 11 cents expected, per Refinitiv estimates
China’s President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. AFP Contributor | AFP | Getty Images The Trump administration’s Dec. 15 deadline for new tariffs on China looms large, and while most strategists expect them to be
“The Wolves of Wall Street I” David Yarrow | Maddox Gallery An homage to excess, featuring the signatures of two Hollywood legends, quickly banked $200,000 from an unnamed buyer this week. The black-and-white “Wolves of Wall Street I,” by famed British photographer David Yarrow, sold at Art Miami within 10 minutes of the art fair’s
CNBC | Jaden Urbi Outstanding education debt has outpaced credit card and auto debt. The average college graduate leaves school $30,000 in the red today, up from $10,000 in the 1990s. Nearly 40% of students who took out loans in 2004 will default on their debt by 2023, according to the Education Department’s own figures
This article is part of a series; click here to read Part 1. The fundamental risk for retirement is unknown longevity, which is summarized in the question, how long will your retirement plan need to generate income? It is the risk of running out of assets before running out of time. The length of retirement
Share to facebook Share to twitter Share to linkedin With the market near records, many stocks have surged as well. Getty Topline: Wall Street cheered the release of November’s blockbuster jobs report on Friday, helping the market recover its trade-war-related losses from earlier in the week and putting a number of major stocks at new
Living space designed by Champalimaud Binyan Studios The team behind famed architect Robert A.M. Stern’s first multi-family development in San Francisco is debuting interior images to help potential buyers envision life inside. Slated for completion next year, Crescent is an eight-story building featuring 44 luxury condos at a cable-car crossing atop the historic Nob Hill.
Surveillance cameras are mounted on a post as the Hangzhou Hikvision Digital Technology Co. logo is displayed atop the company’s headquarters in Hangzhou, China, on Tuesday, May 28, 2019. Hikvision, which is controlled by the Chinese government, is one of the leaders in the market for surveillance technology. Qilai Shen | Bloomberg | Getty Images
Ulta Beauty beat quarterly profit estimates on Thursday, driven by sales of higher-margin cosmetics products, sending the retailer’s shares up over 11% in extended trading. The near 30-year-old company has capitalized on booming demand for celebrity-led beauty brands, which are usually priced at a premium, and has attributed cosmetics lines from Kylie Jenner and YouTuber
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