With the job losses and unemployment numbers this year, freelance work has replaced full-time staff positions for many people. This means that, with the gig economy already in full swing, we can expect to continue to see a robust freelance economy in the future. Since this is new territory for many, there are some new
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The Employee Retention Credit program was enacted as part of the CARES Act on March 27, 2020, to provide reimbursement of wages for businesses affected by the COVID-19 virus and incentivize employers to maintain a pre-pandemic level workforce. The 2020 Employee Retention Credit was not available for PPP borrowers and required a loss in revenue
We spend approximately one-third of our lives in bed, which means we are in our bedrooms more than any other room in the home. Yet, many people tend to overlook the design of these spaces. Still, it’s important for our sleep and overall health that our bedrooms give us a feeling of happiness and relaxation,
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks plans to start testing Cold Pressed Espresso in some cafes by the end of the year as consumers increasingly stick to cold drinks for their caffeine jolt. The drink was already available in Starbucks’ upscale Reserve locations. Cold beverages, which are favored by younger customers, have
A woman shops for Lands End brand sweaters in Niles, Illinois. Tim Boyle | Getty Images Land’s End shares jumped nearly 7% in premarket trading Wednesday after the apparel and home-goods retailer reported fourth-quarter earnings and sales that topped analysts’ estimates. It also offered a better-than-expected outlook for the current quarter, and anticipates sales and
NFT non-fungible tokens art and collectables illustration, use blockchain technology to create unique digital items for crypto art, crypto-collectibles and crypto-gaming. holly harry | iStock | Getty Images The NFT craze may come with a painful tax surprise for buyers and sellers who use cryptocurrencies, according to tax experts. Sales of NFTs, or non-fungible tokens,
Igor Golovniov | LightRocket | Getty Images Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in the wealth management with $4 trillion in client assets, told its financial advisors Wednesday in an internal memo that the
Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Shares of Plug Power dropped more than 15% during premarket trading on Wednesday after the company said it will restate financial results following accounting errors. In a filing with the Securities and Exchange Commission on Tuesday evening, the fuel cell maker said it will
A man exits the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Tuesday, March 5, 2019. Andrew Harrer | Bloomberg | Getty Images The Consumer Financial Protection Bureau has cracked down on another company trying to swindle money out of student loan borrowers by promising them relief with their debt. The bureau
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, as Davis’ daughter Chrstiana Davis looks on, at the store in the Windsor Hills neighborhood of Los Angeles, California, November 24, 2020. Patrick T. Fallon | AFP | Getty Images Small businesses got some good news on Tuesday, when the
As we enter the middle of Tax Season 2021, I’m hearing a lot of people asking the following questions about their mortgage interest, “Can I still deduct my home equity line of credit? Should I refinance to make it tax-deductible again? How do I know if I can deduct the home equity line of credit
If there is one thing we have learned during the past year, while the Covid pandemic has kept us isolated in our homes, it is that the ho-hum, everyday elements of our home life matter. We have painted walls to make rooms more pleasant, we have rearranged furniture to meet the demands of working from
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
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