In this article TSLA Michael Burry attends the “The Big Short” New York premiere at Ziegfeld Theater on November 23, 2015 in New York City. Jim Spellman | WireImage | Getty Images Famed investor Michael Burry on Monday revealed a short position against Tesla worth more than half a billion, in a regulatory filing. Burry,
Month: May 2021
Michael Jordan and Kobe Bryant are two of the greatest shooting guards in NBA history. On Saturday, Jordan introduced Bryant’s widow, Vanessa Bryant, at Kobe Bryant’s posthumous Hall of Fame induction. “Thank you for being here. Kobe admired you,” Vanessa said to Jordan. Jordan and Bryant were constantly compared by commentators and they were great
Elon Musk, the CEO of Tesla. Christophe Gateau/picture alliance via Getty Images Elon Musk impersonators have stolen at least $2 million from investors in cryptocurrency scams over the past six months, according to the Federal Trade Commission. The theft is part of a so-called giveaway scam, whereby con artists pose as celebrities or known figures
The Supreme Court of the United States granted a significant victory for taxpayers’ advisors today, which also happens to be tax filing day. It is no wonder that soon after revenue laws were enacted taxpayers sued to prevent the IRS from assessing and collecting tax. We are, after all, a nation founded on a tax
A quadruplex penthouse in Midtown Manhattan that comes with seven terraces and nearly 2,000 square feet of outdoor living space has hit the market for $9.995 million, according to a new listing with Forbes Global Properties. The sprawling residence is owned by licensing executive Al Kahn and his wife, Jillian Crane. Khan, who has decades
Johnson & Johnson’s coronavirus disease (COVID-19) vaccines are seen at Northwell Health’s South Shore University Hospital in Bay Shore, New York, March 3, 2021. Shannon Stapleton | Reuters President Joe Biden on Monday will announce that the U.S. plans to send millions of additional coronavirus vaccine doses to foreign countries still being battered by the
In this article TWNK TSLA T Hostess Twinkies Getty Images Check out the companies making headlines in midday trading. AT&T, Discovery — The pair of stocks were volatile on Monday after the company’s announced a $43 billion deal to merge Discovery and AT&T’s WarnerMedia unit. Discovery’s A shares popped at the open but were down
Laurene Powell Jobs is set to deliver the commencement address on Monday to the University of Pennsylvania 2021 graduation class. Powell Jobs, who is Steve Jobs’ widow, is the founder and president of the Emerson Collective, an umbrella organization for her philanthropic and business endeavors that focus on education, immigration, climate and cancer research and
Jose Luis Pelaez Inc | DigitalVision | Getty Images Good news for parents: Monthly payments through the new federal enhanced child tax credit will begin July 15. The credit will go to roughly 39 million households with about 65 million children, or 88% of children in the U.S., according to the IRS. The expanded credit
How can Congress and the Administration get working teenagers to save by opening a Child IRA? This is a question that no one is asking. It is, however, the best question that everyone should be asking. You’ve probably seen many reports about the lack of retirement savings. Currently, there’s a debate regarding whether this is
A veterinary science professor at Oklahoma State University was flummoxed trying to e-file his 2020 individual tax return due May 17, 2021 over the weekend. The professor, Jerry Ritchey, who has successfully e-filed his returns for umpteen years, got a rejected message. The problem: The Internal Revenue Service still hasn’t processed his 2019 tax return,
An earlier post made clear this economy’s powerful near-term growth momentum. It also warned about longer-term economic risks, especially given Washington’s efforts to hype the economy. Against this background of conjoined economic optimism and worry (common enough in almost all economic analyses) the expansion in residential real estate seems so far to rest on a remarkably
Singapore Airlines crew members and travelers at the transit hall of Changi Airport in Singapore on Jan. 14, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore and Hong Kong have once again pushed back the start date of a long-anticipated air travel bubble arrangement, the two cities announced Monday. The travel bubble,
California is extremely challenged by the nation’s ongoing housing crisis. Developers there are pressured by these challenges, so are coming up with innovative ideas that can go to scale, reducing the need in California and beyond. One such solution also is one of this year’s finalists in Fast Company’s World Changing Ideas Awards for Spaces,
People enjoy a stroll through Historic Annapolis Main Street in Annapolis, Maryland on April 29, 2021. Marvin Joseph | The Washington Post | Getty Images For Mitch Hughes, chief executive of Vizz, a construction management software firm he founded in 1996, the pandemic created ideal conditions for acquisitions. Vizz, which runs a visualization platform
Traders on the floor of the NYSE. Source: NYSE Stock futures edged up in overnight trading on Sunday as the market looked to continue to rebound from last week’s sell-off triggered by inflation jitters. Futures on the Dow Jones Industrial Average rose 40 points. S&P 500 futures and Nasdaq 100 futures were both 0.2% higher.
With vaccines rolling out across across the world, travelers want to reclaim something most gave up during the lockdown era: the summer vacation. Travel searches are surging, and bookings aren’t far behind. But it isn’t happening uniformly across continents. Here’s who is booking, where people are traveling, and what’s beckoning travelers from their homes again.
SINGAPORE — For Fiona Loh, juggling marketing, accounts, customer service and product development is all in a day’s work. The 28-year-old swapped computers for cookies last year, when she quit her stable job as a technology product manager for a bank to run her own bakery business, Whiskdom. “Every day I felt something nudging within
Today’s column addresses questions about how spousal benefits are calculated after early retirement benefits when the record holder delays until 70, whether spousal benefits are 50% of age 70 benefits and when survivor’s benefits may become available to surviving spouses. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Here we are again. Just a day away from another tax deadline. If you haven’t filed yet, you have until midnight Monday, May 17th, to file. Here are some last-minute tips. You can still reduce your tax bill If you’ve been waiting to file because you know you will owe money, you still have a chance
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