Ja’crispy | Istock | Getty Images As the president of the National Bureau of Economic Research and a member on the Business Cycle Dating Committee, James Poterba helps determine when a recession officially starts and ends. Why is that important? What do those dates tell us? When the NBER was founded in 1920, its economists
People fear the unknown. Are you one of them? Think of how you felt when you started a new job. Were you a bit anxious the first time you walked into the office? Or how about your first child? Did you wonder if you had what it takes to be a good parent? While they
Tax Notes reporter Andrew Velarde discusses the penalty dispute in Farhy v. Commissioner and the case’s implications for other penalties and future refund decisions. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: no penalty
When you think about the causes of dementia, age probably springs first to mind as it is primarily associated with Alzheimer’s, a disease which hits the older adult age groups the hardest. Diabetes and high cholesterol are also in the high risk category, as are family history, smoking and alcohol use, according to Stanford Medicine.
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Florida Governor Ron DeSantis speaks at a press conference at the American Police Hall of Fame & Museum in Titusville, May 1, 2023. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Disney on Monday expanded its federal lawsuit against Florida Gov. Ron DeSantis,
DUBAI, United Arab Emirates — Saudi state oil giant Aramco on Tuesday reported a 19% drop in its first-quarter earnings, recording net income of $31.9 billion down from $39.5 billion the previous year amid falling oil prices. Analysts expected to see a dip in net profit this quarter compared to the previous year, as inflation
WREXHAM, Wales – May 2, 2023: Ryan Reynolds and Rob McElhenney, co-owners of Wrexham AFC, celebrate with the club’s men’s and women’s teams during a bus parade following their respective title-winning seasons in the Vanarama National League and Genero Adran North. Jan Kruger/Getty Images LONDON — When Ryan Reynolds and Rob McElhenney bought Wrexham AFC,
Halfpoint | Istock | Getty Images As of the latest tally, 1.4 million more Americans have dropped out of college — although some “stopouts” may reenroll if the Supreme Court affirms President Joe Biden’s student loan forgiveness plan and their education debt is forgiven, a new report shows. Overall, college enrollment declines have begun to
Former Real Housewives of Atlanta star Kim Zolciak-Biermann has denied reports of financial difficulties for some time—but it appears that the bills are finally catching up to her. The IRS has filed federal liens against Zolciak-Biermann and her husband, former NFL outside linebacker Kroy Biermann, in excess of $1.1 million. Real Estate Last fall, the
Forbes Global Properties On the outskirts of every great city across the world are the towns, villages and communities that complete the character of a region and, without whom, such cities perhaps would not be quite so great. Los Angeles has the sun-soaked coasts of Santa Monica and Malibu, Paris has the densely populated Levallois-Perret
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Guests at Florida’s Walt Disney World. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Changes are coming to the Walt Disney World Resort in Orlando, Florida. Prompted by guest feedback, Disney is updating some park policies to better accommodate both local and
In this article LCID LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan. Justin
The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels. “The AI revolution is likely quite real, quite significant. But … these things unfold in waves. And, you get a little too much enthusiasm and the stocks
Orna Guralnik Source: Showtime Not long after I began working as a personal finance reporter at CNBC in 2018, I started psychoanalysis. The form of therapy had long intrigued me, with the intensity of its three sessions a week and its search for answers among our dreams and pasts. Because I’d heard that psychoanalysis was
The U.S. Department of Justice has filed a complaint seeking to bar nine Florida tax return preparers and their associated business from assisting in preparing federal income tax returns for others. Background According to the complaint, Richard Louis—sometimes known as the “Taxman,” Teddy Davis, James Merrill, Daniel Ouku, Demetrius Knowles, Harold Bornelus, Joseph Garrett, Marlyne
Looking for a great Mother’s Day Gift that mom will truly appreciate? Why not give her a beautiful gift for the home? Whether mom is a DIYer, loves a comfortable chair, or likes extra luxurious bedding, here are the best gifts to consider. 7th Avenue Arm Chair With Ottoman 7th Avenue Armchair With Ottoman 7th
In this article NFLX DIS PARA WBD Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America (WGA) East hold signs as they walk on the picket-line outside of the Peacock NewFront on May 02, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America dropped
Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska. David A. Grogan | CNBC OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range of businesses it owns, said something that doesn’t bode well for those believing we will skirt a
Activist investor Nelson Peltz has no intention of pursuing a shakeup at Club holding Estee Lauder (EL), in part because the prestige beauty firm’s dual-class share structure gives the Lauder family outsized control over the direction of the company, Jim Cramer said Monday . Jim’s comments came in response to a New York Post story
Sen. Bernie Sanders, I-Vt., speaks on raising the federal minimum wage outside the U.S. Capitol on May 4, 2023. Anna Moneymaker | Getty Images News | Getty Images The federal minimum wage of $7.25 an hour has not changed in nearly 14 years. Last week, Sen. Bernie Sanders, I-Vt., unveiled a new plan to update