ljubaphoto The 2020 tax season is officially underway, and the millions of Americans who collected unemployment benefits last year due to the coronavirus pandemic may be in for a surprise. That unemployment income is taxable, and if you didn’t have money set aside or withheld for those taxes, it could reduce your refund or even
Month: February 2021
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Shares of Virgin Galactic climbed as a notice from the Federal Aviation Administration indicated that the company’s next spaceflight test is on track to launch as early as Saturday. An FAA notice posted on Thursday said
According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 billion, told CNBC Make It in 2019. To start, “figure out what you’re passionate about,” she
Neil Woodford, Woodford Investment Management. Woodford Investment Management LONDON — Neil Woodford, the former U.K. star stockpicker whose investment firm collapsed in 2019, has said “sorry” to investors as he shared plans to make a comeback with a new business. Woodford said in an interview with The Telegraph, published Saturday, that he was “very sorry
Ferrero Rocher chocolate and hazelnut confectionery seen in a supermarket. Alex Tai | SOPA Images | LightRocket | Getty Images No reservations are required this Valentine’s Day, as the pandemic makes romantic dinners out less likely. But chocolate will still be a key part of the celebration, as people express their love not only for
Halfpoint Images | Moment | Getty Images A Democratic proposal to expand the child tax credit for one year could give qualifying families up to $300 per child per month. But like all direct payments made by the government as part of Covid relief, some are questioning whether the aid will be too much or
A bitcoin ATM is seen inside the Big Apple Tobacco Shop on February 08, 2021 in New York. Michael M. Santiago | Getty Images Pressure is building on Wall Street banks to accept bitcoin as a legitimate asset class – and it’s coming from within, CNBC has learned. Last month, during a town hall meeting
Bill Gates is a philanthropist and climate change evangelist. But he knows full well that his life as a billionaire and business tycoon also makes him “an imperfect messenger on climate change,” he writes in his new book, “How to Avoid a Climate Disaster.” “I can’t deny being a rich guy with an opinion,” writes
Fourth generation cattle rancher Loren Poncia has made Stemple Creek Ranch carbon positive. He’s implemented rotational cattle grazing systems that allow soil and grass to recover, applied compost on pastures and planted worm farms and chicory that aerate the soil. Courtesy of Paige Green President Joe Biden has called on U.S. farmers to lead the
Archer Air Source: Archer Air The current bull market in stocks has fueled concerns about speculation in too many offerings and unproven technologies, but don’t include flying taxis, according to Wall Street investment banker Ken Moelis. Flying taxis — formally referred to as electric aircraft and the urban air mobility market — are coming in
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Containers transporting everything from shoes to aerospace parts make over 200m journeys a year by ship, truck and train. In the second video in the FT’s 50 Best Business Ideas series, David Pilling, Asia Editor, explains why standardised containers revolutionised world trade by minimising transport costs.
Kyla Ernst-Alper is an aerialist in New York City. She’s never had an employer that offered her a 401(k) retirement plan in more than two decades of performing. Giles Clement Kyla Ernst-Alper, a 38-year-old aerial performer in New York City, has never had a 401(k) retirement plan. She holds multiple jobs at once to support
EBay Inc. signage is displayed at the entrance to the company’s headquarters in San Jose, Calif. David Paul Morris | Bloomberg | Getty Images Is the market gearing up for a pullback? A correction for stocks could be on the horizon, says strategists from Bank of America, but this isn’t necessarily a bad thing. “We
Scientists, politicians, youth activists and business leaders are talking about the dire consequences of climate change. But for the average person sitting on their couch, it can be hard to understand what is so urgent and why it matters to their life. In his new book, “How to Avoid a Climate Disaster,” billionaire Bill Gates
A visitor wearing a mask walks outside the Shanghai Disney Resort, that will be closed during the Chinese Lunar New Year holiday following the outbreak of a new coronavirus, in Shanghai, China January 24, 2020. Aly Song | Reuters Check out the companies making headlines in midday trading. Walt Disney Company — Shares of the
Dr. Virginia Banks, an infectious disease specialist, is part of a group of Black physicians and scientists who are focused on ways to solve health-care disparities. Dr. Virginia Banks Dr. Virginia Banks says if the U.S. really wants to bring the pandemic to an end, it’s going to take mobile vans of vaccines in neighborhoods
Tax-filing season is here, and you may be wondering how the pandemic will affect your return. Many filers have a lot more questions about their taxes this year than in the past. “For this specific tax season, it’s all about organization, especially because of what was provided last year for Covid relief,” said Sheneya Wilson,
U.S. President Donald Trump at the White House in Washington, D.C., October 18, 2019. Leah Millis | Reuters A CNBC survey conducted in the days before former President Donald Trump’s impeachment trial finds a large share of Republicans want him to remain head of their party, but a majority of Americans want him out of
Billionaire Elon Musk is the richest person in the world. As CEO of aerospace company SpaceX, electric car company Tesla and neurotechnology company Neuralink, as well as founder of The Boring Company, which constructs tunnels, Musk has a lot to manage each day. “I work a lot,” Musk told Joe Rogan during the latest episode
The New York Stock Exchange welcomes Desktop Metal Inc. (NYSE: DM), today, Thursday, December 10, 2020, in celebration of its listing. To honor the occasion, Ric Fulop, Co-Founder and CEO, rings The Opening Bell®. NYSE Roger Lee of Battery Ventures says that “SPAC” used to be a “bad four-letter word” in Silicon Valley. Now, the
Chuck Robbins, chief executive officer of Cisco Technologies Inc., speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 – 20. Jason Alden
World Health Organization workers decontaminate the house of a pastor who has just tested positive for Ebola in Beni, June 13, 2019. Sally Hayden | SOPA Images | LightRocket | Getty Images The World Health Organization on Friday confirmed a third case of Ebola in the Democratic Republic of the Congo as health officials race
Getty Images This tax season may end up being even less fun for many filers. On top of figuring out how Covid relief might affect their return, those complications could result in more taxpayers making mistakes and hearing from the IRS, experts say. And depending on the specifics, it could mean a smaller refund or
Source: AppHarvest Company: AppHarvest Inc. (APPH) The agriculture technology company focuses on building an indoor farm in Appalachia. The company combines agricultural techniques with cutting-edge technology and including access for all to nutritious food, farming and building a homegrown food supply. The company operates a 60-acre controlled environment, agriculture facility in Morehead, Kentucky, which grows
Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon. “My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy works great. Prices and money are just information. … If
Luis Alvarez The GameStop bubble has come and gone but the rookie investors who speak emoji and Reddit may be here to stay with big implications for brokerage firms, as well as traditional investors who must pay closer attention to where this fast-moving, smartphone app-wielding crowd is moving next. “We believe some of the new
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
Gina Carano attends the Premiere of Disney’s “Star Wars: The Rise Of Skywalker” on December 16, 2019 in Hollywood, California. Rodin Eckenroth | WireImage | Getty Images Gina Carano may have been fired from her Star Wars gig by Disney on Wednesday, but she’s already got a new project lined up. This time with Ben Shapiro’s
Stimulus checks printed at the Philadelphia Financial Center in Philadelphia. Jeff Fusco | Getty Images As a $1.9 trillion coronavirus relief package comes together on Capitol Hill, millions of additional direct payments to Americans could be in the works. Legislation under discussion includes $1,400 stimulus checks that could bring the total direct payments sent to
gradyreese | E+ | Getty Images One of my favorite movie quotes comes from “Gladiator,” as Maximus calls out to the crowd, “Are you not entertained?” In this new pandemic-focused world, it appears that we should be changing that to “Are you not engaged?” The topic of engagement is everywhere. At home, parents are seeking
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