New York Gov. Andrew Cuomo on Monday outlined the criteria to reopen school districts closed this fall, stressing that he wants to keep kids safe: “We’re not going to use our children as guinea pigs.” School reopenings will be dictated by the state’s regional reopening plan, Cuomo said. Schools in regions that are in phase
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Tesla CEO Elon Musk poses on the red carpet as he arrives for the 43rd “Golden Steering Wheel” awards on November 12, 2019 in Berlin. Tobias Schwarz | AFP via Getty Images Shares of Tesla hit a new all-time high on Monday, extending the stock’s record run, as investors continue to pile into the Elon
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Monday reported that its quarterly revenue fell as fewer consumers bought its drinks at restaurants or convenience stores amid the coronavirus pandemic. The company did report growth for its food items, such as Cheetos and oatmeal,
Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Disney heiress Abigail Disney is among the millionaires calling for governments to impose higher taxes on the wealthy to help fund the recovery from the coronavirus pandemic. “Tax
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Warner Music Group Corp., the label for artists like Ed Sheeran and Cardi B, went public last month with 28 underwriters. More than a third of
Uncle Sam is sitting on $1.5 billion in tax refunds from 2016, and taxpayers have two days to grab their cash or lose it. July 15 isn’t just the due date for 2019’s federal income tax returns and taxes owed, it’s also the last day the IRS will accept late returns for the 2016 tax
Foot traffic is slowly returning to Brattle Street and Harvard Square in Cambridge, Massachusetts, but local small businesses are still suffering from the extended coronavirus lockdown. Lane Turner/The Boston Globe via Getty Images EIDL loans The EIDL Advance program, created by the CARES Act, gave emergency grants to small businesses within three days of their
Hands holding piggy bank with Roth IRA. Pension plan. Getty We’re a few days away from this year’s tax deadline on July 15th. It’s also the deadline to make contributions to an IRA for 2019. Contributing to a Roth IRA can be particularly beneficial. (If your income is too high to contribute to a Roth
Getty If you’re a small business owner, it’s likely that the COVID-19 pandemic has left you little time to think about the upcoming tax filing deadline on July 15. Over the last few months, you’ve dealt with temporary lockdowns, lost revenue and layoffs—all while applying for desperately needed assistance. Many small business owners understandably breathed
The real estate sector has an opportunity to strategize for a more resilient future. Ariel Property Advisors Even before the Covid-19 pandemic, there was widespread skepticism about the future of brick and mortar retail. It didn’t help that many retailers, from international chains to local shops, were investing in experiences to drive foot traffic and
Prostitutes in Germany are demanding the right to get back to work as the country’s brothels remain closed due to the coronavirus pandemic. Approximately 400 prostitutes and brothel operators from across Germany demonstrated in the red light district of Hamburg on Saturday, Germany news agency Deutsche Welle reported Sunday. Prostitution is legal and regulated in Germany
An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James Dempsey Asia sales director at
Wilmington Trust’s Meghan Shue sees a battle is underway on Wall Street as coronavirus cases surge and companies get ready to report second quarter earnings. According to the firm’s head of investment strategy, there’s a tug-of-war between market skepticism and fear of missing out. “We are definitely seeing a tremendous amount of skepticism about this
WASHINGTON, DC – APRIL 27: The Internal Revenue Service headquarters building appeared to be mostly … [+] empty April 27, 2020 in the Federal Triangle section of Washington, DC. The IRS called about 10,000 volunteer employees back to work Monday at 10 of its mission critical locations to work on taxpayer correspondence, handling tax documents,
As states take differing approaches to re-opening and closing, some parts of the economy continue to see improvement from the start of the pandemic while others continue to struggle. Some states have instituted mask mandates and other measures, such as closing indoor bar service, amid rising coronavirus cases. These five charts illustrate trends in important
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images Stock futures rose in overnight trading on Sunday as investors looked past a record spike in coronavirus cases in Florida. Futures on the Dow Jones Industrial Average
Economic Security Planning, Inc. Today’s column addresses questions about whether the earnings test would reduce retirement benefits, retirement benefits before survivor benefits, benefits based on a common law marriage and whether an divorced spouse could be eligible for survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Bob Jones, Jr., and Bob Jones III (younger man wearing gray suit), president of Bob Jones … [+] University, outside U.S. Supreme Court during hearing on tax exemption case. Bettmann Archive The Key Words The second part of President Trump’s education tweet has the key words that form the basis for an IRS attack on
Simon Property Group appears to be having an outsized role in the retail reset, by choice and … [+] otherwise. Sanford Stein The real estate advisory firm RCLCO just released its mid-year 2020 real estate projections, which includes opinions of hundreds of high-level real estate executives. And to no one’s surprise, they stated that “the
Healthcare workers wait for patients at the COVID-19 drive-thru testing site at the Duke Energy for the Arts Mahaffey Theater on July 8, 2020 in St. Petersburg, Florida. Octavio Jones Florida reported 15,299 confirmed coronavirus cases in a single day on Sunday, the largest surge in infections since the start of the pandemic that brings