Getty The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for the District of Columbia, the Justice Department’s Criminal Division, the IRS Criminal Investigation (IRS-CI), and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), together with the National Crime
(Photo by Thomas Eisenhuth/picture alliance via Getty Images) picture alliance via Getty Images Many people are happy to lend money to their loved ones, especially to children and grandchildren. But before stroking the check, review the tax rules. The tax consequences vary greatly depending on the terms of the loan. A small change in the
Generation Z is predicted to spend $226,000 on rent in their lifetime. For context, that’s $24,000 more than millennials and $77,000 more than baby boomers — and many of them are already starting to rent. This means that for property managers who haven’t yet started to tailor their marketing strategies to this demographic, the time
As Medicare open enrollment gets underway this week for 2020, insurers are putting on the hard press to attract new Baby Boomers aging into the program with hundreds of new plans and service options tailored to their individual medical needs. Guy Penney is turning 65 in November, and the Sacramento hairstylist says he’s been deluged
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images U.S. regional bank PNC Financial Services on Wednesday posted a near 1% fall in net profit as the bank set aside more money to cover bad loans. The Pittsburgh, Pennsylvania-based bank’s net income attributable
Brian Moynihan, CEO of Bank of America, at the Goldman Sachs U.S. Financial Services Conference on December 4, 2018. Michael Newberg | CNBC Bank of America beat analysts’ estimates for profit and revenue as the firm’s consumer and banking businesses offset a slump in trading. The firm said net income excluding an impairment charge rose
Nobel Prize-winning economist Robert Shiller came to the New York Stock Exchange to discuss his new book, “Narrative Economics.” It’s a book about storytelling: Humans understand the world by telling stories, Shiller says. “The most natural thing in our brains to talk about is gossip, okay?,” Shiller said. “We love these stories. We center around
JGI/Jamie Grill | Tetra images | Getty Images If you’re like a lot of people, you know you need to save more. Yet actually following through on that goal can be easier said than done. Now, research has found that taking just two additional steps could help turn that intention into a reality. The Chazen
Credit: Getty Royalty Free Getty Granting people gifts makes you and them happy. If you can tailor your generosity so not to pay tax on your largesse, you will be even happier. It pays to know the rules about the taxes that your magnanimity may trigger. Without incurring any taxes, you can give one person
By Donna Pols Trump, Next Avenue Contributor Getty Recently, an 88-year-old member of my family underwent elective spinal surgery for disabling back pain. While the duration of hospitalization for anyone after surgery can be unpredictable, we were surprised to find out our family member would be discharged home after only two days. We were not
A new real estate agent faces an uphill battle. Not only are they unknown, but they now are competing against more established agents who have been in the field longer, meaning they need to be creative and look at things from a different angle in order to set themselves apart. Building interest is where the
The logo of Zilingo is displayed on a window at the company’s office in Singapore. Ore Huiying | Bloomberg | Getty Images Southeast Asian fashion start-up Zilingo on Wednesday said it is launching a program in Indonesia, where it will provide microloans, vocational training and resources for women to run their own garment manufacturing businesses.
A United Airlines airplane takes off at Newark Liberty Airport. Gary Hershorn | Getty Images United Airlines Holdings on Tuesday raised its earnings forecast for the year as travel demand continued to climb, boosting shares in after-hours trading. The airline’s performance puts it “ahead of pace” to meet its per-share earnings goal of $11 to $13
Pro-democracy protesters set barricade on fire at a demonstration in Causeway Bay district on October 6, 2019 in Hong Kong, China. Anthony Kwan | Getty Images News | Getty Images BEIJING — China will take countermeasures against the U.S. in response to a bill that favors the Hong Kong protesters, the Chinese Foreign Ministry said
The ideal tax rate for the richest 1% of Americans is about 75% — more than twice the current rates, according to the economist advising Sen. Elizabeth Warren on her tax plans. Gabriel Zucman, the University of California at Berkeley economist who is advising Warren and Sen. Bernie Sanders on their wealth tax proposals, told
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images Goldman Sachs CEO David Solomon called his bank’s rollout of the Apple Card “the most successful credit card launch ever.” This is a developing story. Check
If you’ve settled an arbitration case with your broker at some point, there’s a chance it isn’t showing up in the popular database used by consumers to check financial advisors’ backgrounds. A new report from an investor advocacy group claims that some brokers and brokerages — with the aid of a handful of law firms
Since passage of the Tax Cuts and Jobs Act, taxpayers and preparers have been adjusting strategy to optimize the significant changes of 2018. With one TCJA filing season down, I’ve taken stock of some of the not-so-common tax situations encountered and the strategies developed to work around them this year. While not all-encompassing, this list
CNBC By Bob Blancato, Next Avenue Contributor With the next Democratic presidential candidates’ debate on television tonight (CNN at 8 p.m. ET/ 7 p.m. CT), it’s worth noting something missing from the earlier debates — questions and answers about aging in America. (There have been more than enough questions about the age of the candidates,
Share to facebook Share to twitter Share to linkedin WeWork’s problems aren’t over yet. SOPA Images/LightRocket via Getty Images Topline: WeWork’s troubles look far from over, with massive layoffs, a fiasco with its phone booths and a tough choice between two financial bailout plans as the company scrambles to raise cash and save its business.