Month: June 2020

A deliveryman is seen passing by a closed Taco Bell restaurant during the 45th day of state of alarm on April 28, 2020 in Barcelona, Spain. David Zorrakino | Europa Press News | Getty Images As the coronavirus pandemic upends consumers’ normal routines, Taco Bell is losing critical breakfast and late-night sales.   Parent company Yum Brands said Tuesday
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This is a live blog. Please check back for updates: 10:24 am: Cramer suggests amateur investors are being gamed by Wall Street pros CNBC’s Jim Cramer argued Wall Street investors may be tricking amateur investors on platforms such as Robinhood by piling into beaten-up but popular stocks like airlines. ”It’s a game. If it weren’t securities, let’s say
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If you have a taxable estate, consider yourself fortunate. I often tell clients, “paying estate taxes is a good problem to have.” It is better than the alternative – dying with few or no assets. But sometimes little thought is given to who will pay these estate taxes. An estate tax is a one-time tax
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Residents of Milford, Pennsylvania, and surrounding Pike County demonstrate against Governor Tom Wolf and ongoing business closures amid the coronavirus pandemic. Preston Ehrler | SOPA Images | Getty Images Americans who are eager for more help from the government could be waiting awhile. Additional stimulus legislation is coming, Treasury Secretary Steve Mnuchin said this week.
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An employee wearing a protective mask prepares cut flowers at a wholesale flower market in San Francisco, California, on Monday, May 18, 2020. David Paul Morris | Bloomberg via Getty Images The economy is uncertain for small businesses, yet many of them are still taking their time securing emergency funding through the Paycheck Protection Program.
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In a recent interview, attorney Steven J. Oshins and CPA Bob Keebler described the current estate planning environment as a “perfect storm”. The unified credit amount is $11.4 Million per person; the interest rates are at an unprecedented low of 0.6% (June 2020);  the CARES Act waives the Required Minimum Distributions from Retirement Plans; market volatility
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Maskot | Getty Images Thursday’s report from the Labor Department that 1.5 million people filed new state unemployment claims last week serves as a stark reminder that the impact from the Covid-19 economic fallout is very much persisting. For those seeking work amid the coronavirus pandemic, there is a bright spot: According to the annual “Future
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than $1 billion and be the biggest of its kind,
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