Sinelia Louis will finally be eligible to apply for a PPP loan due to changes by the Biden administration that allow access for non-citizen small business owners. Sinelia Louis When Sinelia Louis, 50, heard about the recent changes to the Small Business Administration’s Paycheck Protection Program, she felt like her prayers had been answered. “I
Month: February 2021
Getty images getty For a lot of young people, especially those who are beginning to get a handle on their finances, tax filing can be a dreaded task, and strategic tax planning may seem like a major undertaking. Year-end is typically when many people start thinking about taxes. But waiting until the year is over
US President Joe Biden speaks about the American Rescue Plan and the Paycheck Protection Program … [+] (PPP) for small businesses in response to coronavirus, in the Eisenhower Executive Office Building in Washington, DC, February 22, 2021. – The Paycheck Protection Program (PPP) has been a key lifeline to businesses amid the Covid-19 crisis, but
Kitchen remodels are a popular and expensive home improvement project. getty Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that moment when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you
Game maker Hasbro. Justin Sullivan | Getty Images Roughly three months after Hasbro closed its $3.8 billion acquisition of Entertainment One, the pandemic struck, upending the entertaintment industry. Covid shut down production and restricted in-person contact between the Rhode Island-based toy company and the Toronto-based studio known for “Peppa Pig” and “PJ Masks.” Although Hasbro
Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fourth-quarter earnings outpaced Wall Street’s expectations Thursday, but fell short on revenue as its sales growth slowed compared with earlier months of the pandemic.
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,
Avishek Das | LightRocket | Getty Images Robinhood is recovering from weeks of customer backlash, and a public grilling by Congress over the GameStop controversy. Despite that, the trading app’s user growth, brand recognition and valuation appear to be stronger than ever. Demand for Robinhood shares in private markets is surging. The start-up likely benefitted
Despite widespread job losses and financial uncertainty, Americans are faring well by most measures during the coronavirus pandemic. Federal relief, such as stimulus checks, expanded unemployment benefits and an extended pause in loan repayments, have even given some a boost. Consumers are paying down debt and saving more than they have in decades. Many are
Loosing the city’s private equity rules may be good for Stringer’s immediate political ambitions but … [+] will cost the city’s underfunded pensions for decades to come, given that these deals have lock-ups as long as 50 years. getty What a remarkable coincidence that New York City Comptroller Scott Stringer is looking to loosen strict
WASHINGTON, DC – FEBRUARY 22: U.S. President Joe Biden speaks during an announcement related to … [+] small businesses at the South Court Auditorium of the Eisenhower Executive Office Building February 22, 2021 in Washington, DC. President Biden announced changes to the Paycheck Protection Program aimed at helping small and minority-owned business to qualify for
The English country-style manor in California’s Santa Ynez Valley evokes the style favored by … [+] English architect Sir Edwin Landseer Lutyens. Village Properties This quintessential English country manor has all the trappings one would expect: Leaded windows, half-timbering, formal gardens arranged in geometrical patterns, a stacked-stone stable. But there’s also something unexpected. The property
Dr. Peter Hotez told CNBC’s “The News with Shepard Smith” that people in the U.S. should not become complacent because of dropping Covid cases, especially amid new reports of a new variant, B.1.526, spreading in New York. “We’re all high fiving ourselves because the numbers are going down, and I am saying that we are
Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty Nvidia beat elevated analyst expectations for both earnings and revenue for the fourth quarter of its fiscal year, which ended in December. Nvidia stock rose under 2% in extended trading. Here’s how Nvidia did in the quarter ending in December: Earnings: $3.10 per share, adjusted,
U.S. stock index futures moved higher in overnight trading on Wednesday after the Dow closed at a record level during normal trading hours. Futures contracts tied to the Dow Jones Industrial Average gained 60 points. S&P 500 futures were up 0.10%, while Nasdaq 100 futures advanced 0.08%. The move comes after the Dow jumped 425
Pavlo Gonchar | LightRocket | Getty Images The firm that provides clearing and settlement services for brokers proposed shortening the time it takes to settle a trade, amid the GameStop controversy that caused brokerages like Robinhood to restrict trading. The Depository Trust & Clearing Corporation, or DTCC, outlined what a T+1, or one-day settlement period,
martin-dm | E+ | Getty Images The amount of money raised by special purpose acquisition companies in the past year has soared. SPACs are an alternative way for companies to go public that differs from a traditional initial public offering in its process, speed, disclosure and regulatory requirements. Key participants involved in SPACs include SPAC sponsors
Getty getty Inevitably retirement planning discussions with my clients include listening to stories about their parents and grandparents. Frequently, clients like to reminisce about how their family members from previous generations handled their money. For some investors, these personal experiences serve as the benchmark for how they will plan their own financial future. Unfortunately, the
If your tax lawyer or accountant costs you extra taxes, and reimburses you for those extra taxes, can the IRS tax the reimbursement? It might seem like the answer should be no, but it can be hard to convince the IRS. Take the case of Joseph M. McKenny v. U.S., 2020 WL 5167333 (11th Cir.
Property managers need to ensure that their websites are accessible to people with disabilities. getty As the internet has become indispensable to everyday life, particularly during the pandemic, business owners have had to make sure their websites are accessible. Multifamily landlords are likely familiar with Title III of the Americans with Disabilities Act, which requires that
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