Share to facebook Share to twitter Share to linkedin Alimony is no longer tax deductible for new divorces.  iStock Balancing family dynamics when going through a divorce is never easy. New laws have added an additional layer of complexity.   Before 2019 the alimony deduction had been a key divorce planning strategy for over 70 years. The payor
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Geoffrey Berman, United States Attorney for the Southern District of New York, points to a photograph of Jeffrey Epstein as he announces the financier’s charges of sex trafficking of minors and conspiracy to commit sex trafficking of minors, in New York, U.S., July 8, 2019. Shannon Stapleton | Reuters Wealthy financier and accused child sex
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French President Emmanuel Macron. France is imposing a new digital tax targeting Google, Apple, Facebook and Amazon.  © 2019 Bloomberg Finance LP France just imposed a 3% tax on the French revenues of Google, Apple, Facebook and Amazon. But these companies are not going to be any less profitable because of the tax. If Google, Apple, Facebook or Amazon
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Russell Westbrook has to be thrilled with is tax-savings “payday”. (AP Photo/Alonzo Adams) ASSOCIATED PRESS The NBA offseason has left every other league in the dust with its drama. As if the first week and a half were not crazy enough, Thursday night the Oklahoma City Thunder traded 2017 MVP Russell Westbrook to the Houston
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U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters Citigroup kicks off earnings season on Monday. Traders enter with a singular focus on company guidance. Bears believe second-half guidance will be cautious and lower than expected
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Share to facebook Share to twitter Share to linkedin Getty Ready for back to school shopping? According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, total spending for K-12 schools and college combined is projected to reach $82.8 billion, nearly as high as last year’s $83.6 billion. Here’s how that breaks
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Ford Motor and Volkswagen officially announced the expansion of their global “collaboration” Friday morning, adding autonomous and electrified vehicles to the list of projects that began with January’s announcement of a joint venture covering commercial vehicles. The expanded alliance now will add two of the most significant, albeit costly, technologies expected to dramatically reshape the
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A sales consultant with Illumina displays a flow cell at a symposium in La Jolla, California. Sam Hodgson | Reuters Shares of Illumina dropped more than 16% in extended trading after the genetics company slashed its full-year guidance and previewed disappointing second-quarter revenue. Illumina said it expects to report a second quarter revenue of approximately
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The “Fast Money ” traders shared their first moves for the market open. Pete Najarian was a buyer of Delta Air Lines. Tim Seymour was a buyer of Alphabet. Karen Finerman was a buyer of JPMorgan. Dan Nathan was a buyer of UnitedHealth. Guy Adami was a buyer of Square.  Disclosure Trader disclosure: Pete is long
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