Jeff Landry, Louisiana attorney general, speaks during a news conference outside the Supreme Court in Washington, D.C., on Monday, Sept. 9, 2019. Andrew Harrer | Bloomberg | Getty Images Fourteen states filed suit on Wednesday against President Joe Biden‘s moratorium on new oil and natural gas leases on public lands and waters. A coalition of
Month: March 2021
Zoom In IconArrows pointing outwards Timing the market is difficult at the best of times for even the most experienced traders. Now, Bank of America has quantified just how large the missed opportunity can be for investors who try to get in and out at just the right moment. Looking at data going back to
When the Lucid Air luxury sedan EV hits the market in 2022, it’s expected to break records. One of those records would be Lucid Air’s expected ability to drive up to 517 miles on a single charge, which would top any other electric production vehicle. Lucid has also promised that the Lucid Air will be
Satellite imagery captured on March 23, 2021 shows the cargo container ship Ever Given blocking the Suez Canal in Egypt. Planet Labs Satellite imagery gives another perspective on the developing situation in Egypt’s Suez Canal, where a mega cargo container ship was turned sideways and became stuck, blocking the busy passageway. Imagery captured on Tuesday
Wednesday is Equal Pay Day, a reminder of the persistent income inequality between men and women. Currently, women earn just 82 cents for every dollar earned by men, according to an analysis of U.S. Census Bureau data by the National Women’s Law Center. As a result, March 24 marks just how far into the new year full-time
When the Covid relief bill was passed earlier this month, multiemployer pensions received their long-sought $86 billion bailout, to the relief of some and the consternation of others. But, it turns out, they weren’t the only type of pension plan that has been seeking federal help. Consider these cases: Church plans From the Albany Times
One of the unintended consequences of the additional unemployment compensation (UC) provided as part of Congress’ Covid-related relief to taxpayers was that the extra income put many households over 400% of the federal poverty level (FPL). The income change resulted in many taxpayers having to make a full repayment of their healthcare marketplace subsidy (the
These days there are real estate investors doing great work in developing communities. Real estate investors Cory Nemoto and Audrey Kikos are demonstrating the benefits real estate investors can bring to communities and individuals. Cory Nemoto, co-owner and founder of KÉCŌ Capital, a private real estate lending company based in Honolulu, Hawaii, that flips houses in
“I think this is the number one reason managers lose their job — they often can’t build that emotional connection or bond with players.” Football, that random dispenser of joy and woe, mimics life in its unpredictability. Yet we so often reduce the game to numbers and patterns, counting on past results and experiences to
About $33.1 trillion — that is how much Americans have saved up for retirement as of September 2020, according to the Investment Company Institute. Around $6.5 trillion of that is held in 401(k) accounts, representing nearly one-fifth of the U.S. retirement market. “It’s part of what we call … the three-legged stool of the U.S.
Fueled by the Covid vaccines, flexible cancellation policies and people yearning to break free from home, the summer travel season is already booming for some parts of the travel industry. A survey from research company Toluna indicates Americans are gaining confidence to travel with each passing month, with 27% comfortable to travel in April and
Investors are finally getting a look at GameStop‘s fundamentals following a Reddit-fueled trading frenzy earlier this year. Here’s what the company did after the bell Tuesday. It released fourth-quarter results that missed Wall Street’s estimates on the top and bottom lines. In its latest executive shake-up, the company named former Amazon and Google executive Jenna
Lakeesha Brown splits custody of her daughters 50/50 with her ex-husband. CNBC When single mom Lakeesha Brown got divorced six years ago, she opted to forgo child support and instead split custody of her two young daughters with her ex-husband. It was the best decision she made, said Brown, 43, who lives in Farmington, Connecticut,
Today’s column addresses questions about the requirement of 10 years of marriage for divorced spousal and survivor’s benefits, getting unemployment benefits while also qualifying for disability benefits and the effect of not receiving early benefits due to the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
As the year anniversary for the Covid-19 crisis has passed, many Americans will experience a lingering impact on their finances. Signed into law on March 27, 2020, the CARES Act provided a number of financial lifelines such as the stimulus checks and the Paycheck Protection Program (PPP). The CARES Act also included a provision that
The COVID-19 pandemic and subsequent lockdowns have meant that many of us now have to spend significantly more time at home. This trend is likely to continue with increasing numbers of employers allowing employees to work from home more often. As the boundaries blur between home life and work life, now more than ever we
A GM employee poses with an example of the company’s next-generation lithium metal batteries at GM Chemical and Materials Systems Lab in Warren, Michigan, September 9, 2020. Steve Fecht | General Motors | Handout | via Reuters BEIJING — Growing demand for electric car batteries will cause prices of the main materials to surge, Goldman
U.S. stock futures were flat in overnight trading on Tuesday amid renewed investor concern about the global recovery from the coronavirus pandemic. Dow futures rose 10 points. S&P 500 futures gained 0.04% and Nasdaq 100 futures rose 0.15%. On Tuesday, stocks tied to an economic recovery led the losses amid rising new coronavirus cases in
Norway is ahead of the game when it comes to things like work-life balance and raising children. You can add to that commerce: Norway is the world’s most cashless country, according to its central bank, with just 4% of their payments made with cash and the majority made with contactless cards or digital wallets. But
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions
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