A pedestrian with a umbrella walks pass a logo of Deutsche Bank in Frankfurt am Main, Germany. Thomas Lohnes | Getty Images SINGAPORE — Germany’s largest lender Deutsche Bank appears to have facilitated more than half of the leaked $2 trillion of suspicious transactions that were flagged to the U.S. government over nearly two decades,
Month: September 2020
getty We’re approaching a crossroad in estate planning, and those who might be affected need to take action before we reach it. Few people today have to worry about federal estate and gift taxes, because of the high level of exemptions. But there’s a high probability of significant changes in the estate tax law in
Economic Security Planning, Inc. Today’s column addresses questions about what happens to benefits lost to the earnings test, filing for spousal benefits before full retirement age, available benefits with multiple exes and survivor benefits and the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Bill Gates CNBC Microsoft co-founder and global health philanthropist Bill Gates criticized the current state of the United States’ response to the Covid-19 pandemic on Sunday, including slow turnaround times for tests. Gates told “Fox News Sunday” that the access to fast testing is still inadequate more than six months into the pandemic and that
Despite the market’s wild swings, Wall Street bull John Stoltzfus is encouraged by what he’s seeing in the markets and economy. Stoltzfus is putting money on it: He’s overweight U.S. stocks. “The U.S. is outperforming most of the markets around the world — whether it’s developed markets or emerging markets,” Oppenheimer Asset Management’s chief investment strategist
Democratic presidential candidate former Vice President Joe Biden reacts while giving a speech during a campaign event at Tougaloo College on March 08, 2020 in Tougaloo, Mississippi. Jonathan Bachman | Getty Images The 2020 presidential election could be a make it or break it moment for Social Security. The reason: Social Security’s funding, already on
getty Your investment future is, in part, tied to the futures Earlier this year, Bespoke Investment Group published a study that said something many investors will find either confusing, disappointing or both. All of the S&P 500’s gains since 1993 have not occurred during the main trading day. Specifically, they said that buying the S&P
NEW YORK, NEW YORK – JULY 17: People participate in a “March on Billionaires” event on July 17, 2020 … [+] in New York City. The march, which included a diverse group of activists, politicians and citizens, called on New York Governor Andrew Cuomo to pass a tax on billionaires and to fund workers excluded
Robert Redfield, director of the Centers for Disease Control and Prevention (CDC), speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., July 31, 2020. Erin Scott | POOL | Reuters The Centers for Disease Control and Prevention on Friday reversed controversial coronavirus testing guidance, which previously said that people who
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its
Craig Hubbs loads wood into his truck at a The Home Depot store in Kill Devil Hills in the Outer Banks of North Carolina on September 11, 2018. Alex Edelman | AFP | Getty Images Dividend stocks are a critical part of an investor’s portfolio. They are also perfect for market volatility — because investors
Marko Geber | DigitalVision | Getty Images Open enrollment for health insurance is around the corner. That means if you’re shopping on your own for medical coverage, be on guard. New research from the U.S. Government Accountability Office found that some insurance agents engaged in potentially deceptive sales practices when marketing health care coverage. From
Parkline Chicago Level 18 Lounge: The two-story social lounge, located on the 18th floor of Parkline … [+] Chicago, is one of a host of amenities offered to the building’s apartment and condominium residents. The lounge offers spaces for small groups to spread out as well as sweeping views of the lake, parks and city
getty On March 18, 2020, the “Families First Coronavirus Response Act” (“FFCRA”) was enacted. This means that the Government will pay Employers to provide paid time off for certain virus related situations. As discussed in my blog post dated March 20, 2020, two separate provisions were established to provide paid leave for employees absent from
Phil Murphy, governor of New Jersey, in 2019 when he again proposed a millionaire’s tax. The … [+] proposal ultimately succeeded this week. Photographer: Ron Antonelli/Bloomberg © 2019 Bloomberg Finance LP New Jersey has approved a millionaire’s tax, making it the fourth state (including Washington, D.C.) to do so. The agreement reached Thursday between Gov.
Regina King stars as Angela Abar aka Sister Night in HBO’s “Watchmen.” HBO Heading into the Primetime Emmy Awards ceremony on Sunday night, it may seem like the biggest competition will be between HBO and Netflix. The two networks have the most nominations this year and have battled it out for the most wins over
Check out the companies making headlines after the bell: Snowflake — Selling in the biggest software IPO continued in extended trading with shares of Snowflake down more than 1%. The cloud company dropped more than 26% in regular-hours trading after soaring 111% in its market debut Wednesday. Penn National Gaming — Shares of Penn National Gaming rose another
Getty Images Saving for retirement is crucial. Yet trying to figure out the best retirement plan may leave many people confused. You may have the option to contribute to an employer-sponsored plan, like a 401(k) plan. There are also individual retirement accounts: the traditional, into which contributions are made pre-tax, and Roth IRAs, in which
Smart home technology can benefit from disassociating from the term smart and focusing more on … [+] helpful. Adobe Smart home technology is a term that we have been using for more than a decade. It’s become common place. But, let’s take a look at its meaning. Why smart? Does smart home technology make you
Charlie Campbell accompanies his mom Dorothy Campbell to see her husband Gene Campbell through his … [+] room window at the Life Care Center nursing home in Kirkland, Washington. (Photo by JASON REDMOND/AFP via Getty Images) AFP via Getty Images A national Coronavirus Commission on Safety and Quality in Nursing Homes has identified more than
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