Samuel Corum/Bloomberg via Getty Images Married couples who file a joint tax return must wait longer than others to get a refund on their unemployment benefits. The dynamic is largely due to the complexity of calculating their refund relative to other taxpayers, according to tax experts and IRS officials. Unemployment benefits are typically taxed as
Month: May 2021
As small business owners try to recover and rebuild in the wake of the Covid pandemic, they face a new hurdle: a lack of workers. A March survey by the National Federation of Independent Business found that 42% of owners had job openings that could not be filled, a record high. Ninety-one percent of those
CEO and Co-Founder at Rhove. Expanding access and opportunity for everyone to invest in and own real estate. As it stands, non-accredited investors (individuals who make less than $200,000 annually and have a net worth of less than $1 million) cannot invest in the real estate that defines our cities. While it is possible to invest
A woman wearing mask as a precaution against Covid-19 stands in a crowded area near India Gate, in New Delhi on March 19, 2021 as coronavirus cases continue to increase across India. Money Sharma | AFP | Getty Images India’s Covid-19 cases spiked in April to daily record highs, and experts warn the country’s worsening
In this article PYPL The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected. Here’s how the company did: Earnings per share: $1.22, adjusted,
In this article @1YM21M .DJI U.S. stock index futures were little changed during overnight trading on Wednesday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average were 6 points lower. S&P 500 futures and Nasdaq 100 futures were both flat. During the session, the Dow gained 97 points
For some homebound travelers yearning for a vacation, the question isn’t whether to book a vacation this year, but when. Enthusiasm for travel is at its highest point in a year, with 87% of American travelers expected to take a trip this summer, according to a survey conducted last week by travel market research company
CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest cryptocurrency by market value notched a series of record highs. “I sold half my Ethereum yesterday … and I put some money down to own a Hummer,” Cramer said on “Squawk on the Street,” referring to the upcoming all-electric vehicle from
Delmaine Donson | E+ | Getty Images A new set of $1,400 stimulus checks has been sent, bringing the total number of payments issued to approximately 164 million, or about $386 billion. More than 1.1 million payments were sent this time, representing more than $2 billion. About 600,000 of those payments were made using direct
An eviction notice in Los Angeles. Lucy Nicholson | Reuters Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes. The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden has since extended
A small business owner in Chinatown, San Francisco Source: CNBC The Paycheck Protection Program has run out of money for most borrowers before its planned May 31 end, the Small Business Administration said. Going forward, the program will only accept new applications from community financial institutions, which typically serve minority borrowers, as about $8 billion
Pre-retirees and retirees have been trying to squeeze out extra yield on fixed income investments for many years in the current low-interest environment. And lately the pickings have been pretty slim. However, if you broaden your goal from simply earning more interest on your savings to reliably increasing your financial security in retirement, you might
The House Ways & Means Committee is once again tinkering with the law that requires retirees to take minimum distributions from their individual retirement accounts (IRAs) and 401(k)s. Each time, Congress eases the required minimum distribution (RMD) rules at great cost to the federal government. Yet the beneficiaries would overwhelmingly be wealthy retirees and their
Bill and Melinda Gates’ divorce announcement is likely to spark one of the largest divisions of personal assets in history. Bill Gates is presently the world’s fourth-richest person, with a $130.5 billion fortune, stemming from his $25 billion stake in Microsoft, a host of publicly traded investments and a collection of ultra-luxury properties scattered across
Katherine C. Tai addresses the Senate Finance committee hearings to examine her nomination to be United States Trade Representative, with the rank of Ambassador, in Washington, DC February 25, 2021. Bill O’Leary | Pool | Reuters WASHINGTON — The Biden administration announced Wednesday that it supports waiving intellectual patent protections for Covid-19 vaccines, as countries struggle
In this article ETSY RUN ZNGA Check out the companies making headlines after the bell on Wednesday: Etsy — Shares of Etsy slid 7% despite the company its results beating top and bottom-line estimates for the first quarter. The e-commerce company earned $1 per share, compared to the 88-cent per share profit analysts surveyed by
This is an excerpt from CNBC Make It’s weekly newsletter, written by money reporter Alicia Adamczyk. Subscribe here. Everyone I know is burned out. Burned out from the lack of separation between work and home life, or because they have to go into work each day with few measures in place to ensure their safety.
A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos’ space venture Blue Origin will launch its first astronaut crew to space on July 20, flying on its space tourism rocket called New Shepard, the company announced Wednesday. Blue Origin has yet to open ticket sales or release pricing information about New
Bill and Melinda Gates Frederic Stevens | Getty Images Sure, you likely have nowhere near the wealth held by divorcing couple Bill and Melinda Gates. Yet when it comes to protecting your assets ahead of marriage, that doesn’t particularly matter, experts say. If you plan to wed, it may be worth determining how you and
Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle/Getty Images Workers asked to repay unemployment benefits issued during the Covid pandemic may be getting a refund. However, it may take states up to
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