Topline At least 8.7 million or more Americans could be at risk of losing out on $1,200 coronavirus stimulus checks due to incomplete IRS and Treasury Department records, according to a Monday report from Congress’ auditing arm, which examined the unprecedented $2.6 trillion lawmakers passed in emergency support as the coronavirus pandemic took hold. Non-tax
Month: September 2020
An American Airlines Inc. McDonnell Douglas MD-82 plane sits parked at a gate while a United Continental Holdings plane taxis down the runway at LaGuardia Airport in the Queens borough of New York. Michael Nagle | Bloomberg | Getty Images Republican Senators on Monday introduced a bill that would give the ailing airline industry more
Stock futures held steady in overnight trading on Monday following a steep sell-off on Wall Street. Futures on the Dow Jones Industrial Average fell about 10 points. The S&P 500 futures were flat and the Nasdaq 100 futures dipped slightly. The market’s September sell-off intensified on Monday with the Dow Jones Industrial Average dropping 500 points, suffering
courtneyk | E+ | Getty Images If you are thinking of relocating when you retire, there are several things to consider before you make the move. One of them may now be whether you should do it before you leave the workforce. Thanks to the coronavirus pandemic, many Americans are working remotely — and may
Investment Specialist, Team Denver Homes - RE/MAX Professionals. getty There are two main schools of thought when it comes to real estate investment: diversification and specialization. Investors who diversify don’t want to put all their eggs in one basket. They try to balance risk and reward by spreading out their investments across multiple property types or locations.
By Marguerite Lorenz, Professional Trustee and Executor and Next Avenue Contributor getty When do you need your estate plan to “go to work” for you? While you may think the right answer is “after I die,” the actual answer is “if I lose the ability to manage my own affairs.” That means having the right
Senator Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, walks on … [+] stage during a campaign event at Iowa State University in Ames, Iowa, U.S., on Monday, Oct. 21, 2019. Warren unveiled an $800 billion plan to fund her progressive proposal for reshaping U.S. public education and disclosed that her signature wealth
An American Airlines Boeing 737 MAX 8 flight from Los Angeles lands at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, March 13, 2019. Joshua Roberts | Reuters American Airlines is planning to start training its pilots on the still-grounded Boeing
Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell: Nikola — Shares of Nikola fell about 1% in extended trading, adding to steep losses on Monday. The decline came after Nikola founder and executive chairman Trevor Milton announced his resignation overnight. Milton’s departure follows short seller
Democratic U.S. presidential nominee and former Vice President Joe Biden delivers remarks regarding the Supreme Court at the National Constitution Center in Philadelphia, Pennsylvania, U.S., September 20, 2020. Mark Makela | Reuters Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic
In recent months, three story lines have captivated Wall Street: SPACs, electric vehicle companies and the rise of retail traders. The outsized success of the first two, and novice investors entering the market in record numbers, have led some investors to claim this is an indication of froth. And one name symbolizes all three themes:
Scott Heins | Getty Images News | Getty Images Mom-and-pop landlords are in a worse financial position relative to their higher-earning peers as unemployment remains elevated and Americans continue to struggle to pay rent, according to a new analysis. Roughly a third of individual landlords who own residential property are from low- to moderate-income households
A bi-directional arrow symbol on an asphalt road. getty Home prices are skyrocketing in most U.S. markets despite COVID- 19, a recession and a shockingly high unemployment rate. Many analysts are speculating that part of the boom in house prices is caused by COVID-19 – that some people are concerned about COVID-19 contagion and don’t
getty While the price of gold rose to new highs during the summer, you probably saw a number of ads recommending investing in gold through an IRA. You’re probably also aware that gold is a “collectible,” and that IRAs aren’t allowed to own collectibles. Both those thoughts are correct. Gold is a collectible, but there
Nikola announced early Monday that founder Trevor Milton is voluntarily stepping down as executive chairman. The electric truck company said the board accepted Milton’s resignation from the role and the board. Stephen Girsky, former vice chairman of General Motors and a member of Nikola’s board, has been appointed chairman of the board, effective immediately. “Nikola is
People visit the Charging Bull Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 25, 2020. Tayfun Coskun | Anadolu Agency | Getty Images U.S. stock futures dipped on Sunday night as the market tried to bounce back from its longest weekly losing streak in about a year. Dow Jones
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Financial stocks came under pressure on Monday amid a report that a number of global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials. Shares of
Trying to pick stocks can be risky. Especially these days. Tatsiana Volkava | iStock | Getty Images Bored at home, many people are turning to the stock market and dabbling in day trading for entertainment and profits. However, most individual investors do not have the wealth, the time, or the temperament to make money and
A limited supply of houses for sale has helped push home prices higher and add to borrower equity. Xinhua News Agency/Getty Images Despite the economic turmoil of the pandemic, home equity continued to climb in the second quarter of 2020, with the average homeowner gaining $9,800 in equity and negative equity falling 15% between the
Emmy Trophies Greg Doherty/Getty Images The 72nd Emmy Awards Sunday night promise to be an awards show like no other. The event, hosted by Jimmy Kimmel, won’t have an audience or a red carpet. Instead, nominees have been sent their own camera kit to broadcast live from their living rooms as Hollywood doles out trophies
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