By Chris Farrell, Next Avenue Cynthia Murray, who turns 65 years this month, is a 20-year Walmart WMT associate in Laurel, Md. who puts in 32 hours in a four-day workweek. In February 2021, she got a 30-cent an hour raise boosting her hourly wage to $15.27. But even at that level, Murray can’t afford to
Month: May 2021
Storage tanks stand at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, U.S., on Monday, Sept. 19, 2016. Luke Sharrett | Bloomberg | Getty Images U.S. Commerce Secretary Gina Raimondo on Sunday said the federal government is working to avoid supply disruptions after Colonial Pipeline, the operator of the country’s largest
Jamie Dimon, JPMorgan Chase chairman and CEO, shared a bit of wisdom with Ohio State University graduates during his commencement address on Sunday. “I’m always hesitant to give advice, because it sounds like I did everything right,” Dimon said, “but I assure you, I did not.” To start, Dimon told the graduates about the importance
bymuratdeniz | iStock | Getty Images If you haven’t filed your 2020 tax return, the clock is ticking. The deadline for 2020 returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due to the coronavirus pandemic, giving most Americans an extra month to file. Even with the additional
By Nancy Collamer, Next Avenue The freelance market is heating up. During the first quarter of 2021, the Freelancer.com platform posted over a half million jobs. And during the same period, FlexJobs.com reported a 10%+ jump in postings for freelancers in a variety of career categories. It’s a trend that’s unlikely to cool anytime soon and
Today’s column addresses questions about divorcing and remarrying after 60 to allow survivor’s benefits from a previous marriage, temporarily avoiding the deeming provision even if you were born after 1/1/1954 and how Social Security uses earnings histories to calculate benefit amounts. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
“It’s like a million incremental little decisions that either pay off or don’t.” For Todd Piccus, building his one-of-a-kind home in the heart of Venice Beach was the dream. But as the head of legal and business affairs at Mattel prepares to let the custom compound go, he’s reflecting on the whirlwind process that went
Pope Francis wearing a face mask attends an inter-religious prayer service for peace along with other religious representatives in the Basilica of Santa Maria in Aracoeli, a church on top of Rome’s Capitoline Hill, in Rome, Italy, Oct. 20, 2020. Guglielmo Mangiapane | Reuters Pope Francis on Saturday came out in favor of a waiver
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Investors should take note when an analyst becomes bullish on a stock after standing on the sidelines. It could signal the name is undervalued and poised for long-term growth. The stocks highlighted below have just been upgraded to Buy. As for the analysts handing out these upgrades,
In this article PFE Once children over age 12 are eligible for Pfizer’s Covid vaccine, the question of whether they will have to get it before going back to school in the fall will remain. “Like everything with Covid, this is going to be a school district by school district decision,” said Sharon Masling, a
A friend called me the other day to ask a question that I know many share and that many financial advisors are hearing, especially from those who are currently in retirement. Here’s how the conversation went, along with a few notes specifically for financial advisors to help in the similar conversations you’re having with your
A woman wearing a protective face mask buys a bunch of flowers from a stall in Columbia Road flower market in east London on Mother’s Day, March 22, 2020. Daniel LEAL-OLIVAS | AFP | Getty Images This Mother’s Day, it’s more likely to be breakfast in bed, not an opulent buffet. Even though consumers are
In this article BTC.CM= Bank of England Governor Andrew Bailey. Simon Dawson | Bloomberg via Getty Images LONDON — Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have
Hiring was a huge letdown in April, but teenagers looking for summer gigs may be in luck. The Covid pandemic, of course, hit this group especially hard. Last summer, the unemployment rate for 16-to-24 year olds was 18.5%, about twice as high as the year before. (July is typically when youth employment peaks.) Now, heading into the
By Arlene Weintraub, Next Avenue Only 58% of Americans age 65 or older have broadband internet access at home, which means 22 million people that age lack it, according to the nonprofit Older Adult Technology Services (OATS). This became especially problematic during the pandemic, when so many people needed to get on the internet for telehealth
Jason Wallace (C), director of the District of Columbia’s Commission on Fathers, Men, and Boys, gets a little emotional support from DC Office of Nightlife and Culture Director Shawn Townsend (L) and Deputy Mayor John Falcicchio (R) as he gets a shot of the Johnson & Johnson coronavirus vaccine from DC Health Nurse Kendria Brown
Joan Slatkin/Education Images/Universal Images Group via Getty Images More than 1 in 4 unemployed Americans have been out of work for over a year, according to Bureau of Labor Statistics data issued Friday. Long-term joblessness has been rising steadily throughout the Covid pandemic and poses greater financial risks for affected households. Nearly 2.7 million people
VCG | Visual China Group | Getty Images Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in. You might be thinking, so what if the coin started
If you haven’t filed your 2020 tax return, are you still dealing with complexities created when RMDs (required minimum distributions) were waived for 2020? RMDs are mandated distributions (withdrawals) from tax-deferred accounts, such as IRAs. Doing your taxes for 2020 can be confusing, given that RMDs were suspended for 2020 in March by the CARES
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