Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock index futures were little changed during overnight trading on Monday, after all three major averages posted gains during regular trading hours. Futures contracts tied to the Dow Jones Industrial Average advanced 16 points. S&P 500 futures were flat, while Nasdaq 100
Month: March 2021
Jack Dorsey, CEO of Twitter and Square, sold his first tweet as an NFT, or nonfungible token, for over $2.9 million on Monday when bidding ended on the “Valuables” platform, which is run by Cent, a blockchain-powered social media network. The tweet, which says, “just setting up my twttr,” was first posted by Dorsey on March
Constantine Johnny | Moment | Getty Images The IRS may be extending the deadline to file your annual taxes for 2020 to May 17, but there’s no time like now to get started on them — no matter your circumstances. Perhaps you owe money that you don’t currently have. Maybe your life has been turned
Getty Images New $1,400 stimulus checks could be landing in your mailbox soon. Government agencies including the Treasury Department, IRS and Bureau of the Fiscal Service on Monday announced a second batch of payments will be sent this week. While that includes more direct deposit payments, it also includes a large number of mailed paper
By Sarah McKinney Gibson, Next Avenue “I’m usually hesitant to ask for help,” says Mark Fiorito, a 32-year-old Lynbrook, N.Y. jobseeker on the autism spectrum. “But what I was doing wasn’t working, so I was up for trying something new.” That meant creating a profile on the autism-friendly jobs portal Hire Autism, run by the
The recently passed American Rescue Act brings some sorely needed relief to American families, especially for lower and middle-income households. One of the most valuable pieces of the legislation for these families is the new child tax credit. According to the Institute on Taxation and Economic Policy, about 80 million children live in households that
Knotel, the flexible office startup that filed for bankruptcy protection earlier this year, has found a new leader: Michael Gross, the former vice chairman of another SoftBank-backed firm, WeWork. He replaces Amol Sarva, Knotel’s cofounder, who served as CEO since 2015 and has been an outspoken WeWork critic. Gross’ brother, Eric, will also become Knotel’s
People walk along Ocean Drive on March 21, 2021 in Miami Beach, Florida. College students have arrived in the South Florida area for the annual spring break ritual, prompting city officials to impose an 8pm to 6am curfew as the coronavirus pandemic continues. Joe Raedle | Getty Images The Centers for Disease Control and Prevention
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve Chairman Jerome Powell said Monday that cryptocurrencies remain an unstable store of value and the central bank is no hurry to introduce a competitor. “They’re
Billionaire Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, is impressed by one key skill: failing “well.” “The people I respect most are those who fail well,” Dalio tweeted on Friday. “I respect them even more than those who succeed.” By failing “well,” Dalio said, one learns from their mistake and changes
A Starlink user terminal being set up. SpaceX Elon Musk’s SpaceX is in talks with the United Kingdom for the company’s Starlink satellite unit to potentially to earn funding as a part of the government’s new $6.9 billion internet infrastructure program, CNBC confirmed. U.K. Minister for Digital Infrastructure Matt Warman recently met with Starlink leadership,
Jamie Grill | The Image Bank | Getty Images The financial uncertainty created by the global pandemic has made an impact on Americans of all generations and income levels. Even as the economy starts to show signs of recovery, too many Americans are still unemployed, and the uncertainty over the shape of economic recovery lingers.
An H&R Block office in San Francisco, Calif. David Paul Morris/Bloomberg via Getty Images TurboTax and H&R Block updated their online software to account for a new tax break on unemployment benefits received last year, according to company officials. However, state tax returns may still be a source of trouble for some taxpayers filing electronically.
An unresolved issue in the OECD’s base erosion and profit-shifting 2.0 reform project is when and how countries will remove their unilateral digital tax measures once a solution is brokered. The OECD has made it clear that inclusive framework members are expected to revoke unilateral measures and refrain from introducing new ones when that time comes. Yet after
Since January of this year, our local real estate market, always a bellwether of sentiment about the city, has caught fire. In every price category, supply dwindled and sales and rental absorption rates quickened greatly. The market is hot, populated primarily by New Yorkers recommitting to their city as it begins to open once again.
A healthcare professional draws up a dose of the Oxford/AstraZeneca Covid-19 vaccine at the vaccination centre set up inside Brighton Centre in Brighton, southern England, on January 26, 2021. Ben Stensall | AFP | Getty Images LONDON — The findings of a large U.S. trial have shown that the coronavirus vaccine developed by AstraZeneca and
The Deliveroo app displayed on a smartphone screen. Thiago Prudencio | SOPA Images | LightRocket via Getty Images LONDON — British food delivery firm Deliveroo is seeking a valuation of up to £8.8 billion ($12.2 billion) in its upcoming initial public offering in London. The company, which is backed by Amazon, set a price range
Many workers began working from home or some location other than their employer’s facilities during the pandemic, making them remote workers. Some level of remote work is likely to be commonplace. Also, a previous trend continues of people moving from high-tax states to lower-taxed states, and the pandemic seems to have further accelerated the trend.
Broker/Owner of Commercial Professionals in Las Vegas for over 25 years focusing on off market investments. Prof Speaker and Success Expert. The pandemic has negatively affected all classes of commercial real estate (CRE), however, it has also generated innovative possibilities for the CRE market this year including affordable rental prices, efficient online communication and sending in forms
A man walks past a Texas Roadhouse restaurant in Arvada, Colo. Matthew Staver | Bloomberg | Getty Images Texas Roadhouse founder and CEO Kent Taylor died on Thursday, the restaurant chain announced on its Facebook page. He was 65. Taylor died by suicide after a battle with post-Covid-19 related symptoms, including severe tinnitus, the family
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