A doctor administers the Astrazeneca vaccine at a mass coronavirus (COVID-19) vaccination drive-through clinic in Milan, Italy on March 15, 2021. Anadolu Agency | Anadolu Agency | Getty Images LONDON — The decision by many European countries to suspend the use of the Oxford-AstraZeneca coronavirus shot could have far-reaching consequences, according to analysts, with vaccine
Month: March 2021
A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City. Angela Weiss | AFP | Getty Images U.S. stock futures were flat in overnight trading as investors await the outcome from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Jerome Powell
IronHeart | Moment | Getty Images Extra unemployment benefits offered by the American Rescue Plan may not arrive until mid-April or later, the U.S. Department of Labor said Monday. The $1.9 trillion Covid relief bill, which President Joe Biden signed Thursday, extended jobless aid to Labor Day and continued a $300 weekly enhancement to benefits.
There’s welcome news for financially struggling taxpayers with federal tax debts who didn’t get Round 1 and Round 2 economic impact payments, and were instructed to file 2020 tax returns to claim the payments as a recovery rebate credit. The Internal Revenue Service has now agreed to use its discretion to bypass offsets for federal
Recently there has been a surge in new and custom-colored appliances. People are interested in putting their own style on their kitchens and appliances are now a great way to express that. In the last several years there are a variety of new colors being offered by appliance companies. This is part of SMEG’s Portofino
An army health worker prepares a dose of Covishield, AstraZeneca/Oxford’s Covid-19 coronavirus vaccine made by India’s Serum Institute, at an army hospital in Colombo on January 29, 2021. ishara S. Kodikara | AFP | Getty Images LONDON — Two additional countries opted to suspend the use of the AstraZeneca vaccine in Europe on Tuesday, as
Don’t rule out a 10-year Treasury Note yield as high as 2.25% this year. That’s the message from Wells Fargo Securities’ Michael Schumacher, ahead of Wednesday’s Federal Reserve interest rate decision. “The fiscal stimulus is enormous, and the vaccine rollout seems to be accelerating quite a bit — not just here in the U.S.,” the
Sotheby’s is joining the nonfungible token craze through a collaboration with digital artist Pak. “We’ve been following the NFT space for some time,” Sotheby’s CEO Charles Stewart said Tuesday on CNBC’s “Squawk Box,” where he announced the auction house’s partnership with Pak. The upcoming sale is set to launch next month. “This is new for
CNBC’s Jim Cramer said Tuesday he believes it’s a favorable environment for investors to put money to work in the U.S. stock market. Positive economic signs are abound, Cramer said on “Squawk on the Street,” reading a sampling of headlines on Tuesday’s front page of The Wall Street Journal about a recovery in airline travel,
Marko Geber | DigitalVision | Getty Images Millions of Americans who collected unemployment benefits last year got a new tax break from the American Rescue Plan. Here’s how it works. $10,200 tax break President Joe Biden signed a $1.9 trillion Covid relief bill Thursday that waives federal tax on up to $10,200 of unemployment benefits
When reviewing a client’s 401(k) plan, I get pretty jazzed if I see a decent Target Date Fund (TDF) option within their investment lineup. I firmly believe that a TDF is one of the best default investment vehicles within most corporate retirement plans. The way a TDF works is simple. You pick the fund that
Yvette Lind, an assistant professor of tax law at Copenhagen Business School, talks about how the coronavirus pandemic hurt gender equality and offers possible tax solutions. The post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: gender equality and
Topline Former Goldman Sachs executive Michael Daffey purchased convicted sex abuser Jeffery Epstein’s New York City mansion last week, a spokesman for Daffey confirmed Tuesday, with a portion of the proceeds going into a fund to pay Epstein’s victims. Key Facts Daffey bought Epstein’s 28,000 square-foot Upper East Side mansion last week for $51 million
Countries suspending the use of AstraZeneca‘s Covid vaccine appear to responding to citizens’ personal fears, not scientific data supporting such a step, Dr. Ezekiel Emanuel told CNBC on Tuesday. Germany, France, and a growing list of other European nations have in recent days paused the use of the AstraZeneca’s vaccine, developed alongside the University of Oxford, over-blood clot concerns.
Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading. Ulta Beauty — The cosmetics retailer’s shares dipped more than 3% after Guggenheim downgraded Ulta to neutral from buy. The Wall Street firm said it was concerned about profit margin
Billionaire Elon Musk appears to be selling a recent tweet of his as an NFT, or non-fungible token. “I’m selling this song about NFTs as an NFT,” Musk, CEO of SpaceX and Tesla, tweeted on Monday. In the Twitter post, Elon released a techno song with the lyrics: “NFT for your vanity. Computers never sleep.
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images March 16, 2020 was the day when Covid got very real for market investors. It was the week everyone realized that we would be in for a prolonged shutdown. When
PeopleImages With the April 15 tax-filing deadline a month away, calls to extend the season are growing. On Tuesday, a bipartisan group of lawmakers led by Rep. Jamie Raskin, D-Md., and Ways and Means Oversight Subcommittee Chairman Bill Pascrell Jr., D-N.J., sent a letter to the IRS and Treasury Department urging them to move the deadline
Isabel Guzman, administrator of the U.S. Small Business Administration (SBA) nominee for U.S. President Joe Biden, is sworn in during a Senate Small Business and Entrepreneurship Committee confirmation hearing in Washington, D.C., on Wednesday, Feb. 3, 2021. Bill Leary | Bloomberg | Getty Images The Senate plans to confirm Isabel Guzman to head the Small
Most people make the wrong decisions about when to claim their Social Security retirement benefits. Only about 4% make the optimum claiming decision, according to a study released a couple of years ago by financial services firm United Capital. The researchers had access to data from a long-term health study of Americans and were able
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