getty Will the HEROES Act form the basis of an eventual stimulus-spending deal, if indeed there is one? Current reporting focuses on the amount of spending on such particulars as stimulus checks, unemployment boosts, and the like, while ignoring the endless list of additional provisions, from ballot harvesting to a T-band auction repeal, to yes,
Month: October 2020
Economic Security Planning, Inc. Today’s column addresses questions about how the earnings test is applied when a spouse has filed early, whether payments based on an ex’s non-covered pension will invoke the WEP, child benefits for children not in the record holder’s custody and exchange rates and foreign pensions. Larry Kotlikoff is a Professor of
Getty There was history underfoot at Vermont’s Marlboro College. Tucked away in the Green Mountains, the nonprofit institution founded at the end of World War II held its first graduation in 1948. Robert Frost read a poem at the ceremony and Life Magazine printed a picture of its lone alum: a former rifleman named Hugh
Busch Gardens With caps on attendance and new coronavirus safety guidelines, including mandatory mask wearing and social distancing, theme parks have had to reimagine their Halloween festivities this year. The fall holiday has morphed into the single most important event for theme parks, Dennis Speigel, president of International Theme Parks Services, said. “A down Halloween
Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: GenMark Diagnostics — GenMark shares popped more than 4% after
Lucid Motors is a California-based electric vehicle start-up, and in September it revealed the Air, its vision for an electric, luxury sedan. The company promises some impressive specs, such as an estimated 517 miles of range. But starting up an electric vehicle company is notoriously difficult, and it faces steep competition from Tesla and other
An animation shows Dream Chaser and its Shooting Star cargo module in orbit around the Earth. Sierra Nevada Corporation Sierra Nevada Corporation is best known as a private aerospace and national security contractor – but the company is investing heavily in its space systems division, especially as it sees NASA and other companies building infrastructure
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance. His grandfather created it.
Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan. Bryan Mitchell | Bloomberg | Getty Images As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main
getty Do you want to know an often underutilized strategy to increase the odds you will retire in comfort? It not only has the power to make you more financially secure, but it can give you greater peace of mind. What’s more, you won’t have to leave your kitchen table to use this method. Here
getty If you, like me, joined millions of other taxpayers in filing for an extension this year, be sure to check your calendar: October 15 is the due date to file your 2019 tax return. To avoid late filing penalties, you need to file on or before the October 15 deadline. If you owe taxes,
New Study Predicts Gloomy Economic Times Ahead For Americans getty With unemployment sky rocketing as a result of Covid-19, there has been a corresponding rise in evictions and mortgage defaults. A new study from Washington University in St. Louis’ Olin Business School of the loan-to-value ratios in the wake of the 2008 financial crash issues a
New Jersey Gov. Chris Christie fields questions at a wide-ranging news conference, March 3, 2016 at the Statehouse in Trenton, New Jersey. Jeff Zelevansky | Getty Images Former New Jersey Gov. Chris Christie was released from Morristown Medical Center on Saturday after testing positive for the coronavirus one week ago. “I am happy to let you
J.P. Morgan Securities’ Colleen O’Callaghan is taking steps to protect portfolios from an economic setback. O’Callaghan warns the domino effect from coronavirus aid gridlock on Capitol Hill is the biggest risk facing Wall Street right now. As a result, she’s increasing cash exposure for her ultra-high net worth clients. “What we’ve been working to do
A pedestrian wearing a protective mask carries a Converse Inc. shopping bag while waiting to cross a street in the Soho neighborhood of New York, on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images Americans are saving more than ever during the pandemic, and Morgan Stanley says it may be enough to
Remote schooling remains a struggle for many families. Yet there is still a real risk in returning to the classroom. As of a recent tally, 87% of institutions have combined in-person and virtual learning in response to the public health crisis, according to a report by the Institute of International Education that was based on data collected
getty Younger workers are concerned that social security will no longer be available for them when they retire. They fear that they have been paying into the system for years, but there will be nothing left when they retire. Social Security Trustees released their annual report in April 2020, and stated there is a possibility that social
Close up man hand arranging wood block stacking as step stair on paper pink background. Business … [+] concept growth success process, copy space. getty During the 2020 Presidential campaign Democratic candidates have made many proposals for changes to the tax code, ranging from changes to the tax rates to the imposition of new 5%
Charleston, South Carolina saw median listing prices rise 14.4 percent getty Housing prices aren’t coming down anytime soon according to realtor.com. In its latest housing report, the take-away is housing prices around the country remain at record highs as we move towards year-end. The U.S. median home price hit $350,000, a 12.9 percent year-over-year increase.
US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out
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