T-Mobile Weeks after applying for public service loan forgiveness, a federal program that forgives student loan debt for eligible workers, Kathleen Young got a phone call. The woman on the other end said she could help Young forgive her student debt. Young, an elementary school teacher in Palo Alto, California, assumed it was the U.S.
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Critics of depreciation deductions for business expenses in the tax code occasionally argue that assets that can go up in value, like structures or sports teams, should not receive the same depreciation deductions as assets that decline in value. That criticism is driven by a deeper dispute over whether businesses should be taxed on the
In this article ABMD BYND BDX BKNG AAPL NSC A sign details entry restrictions at a JLL office in the Aon Center in Chicago, Illinois, U.S., on Thursday, June 24, 2020. Christopher Dilts | Bloomberg | Getty Images When earnings season kicked off in earnest in mid-July, few companies fielded questions about or mentioned the
Those who hire a lawn-care company will reap time and energy savings for a relatively small monthly cost. davidf | E+ | Getty Images During our working years, saving for the future is critical to one day achieving financial independence. At the same time, we are working to meet other financial goals, such as paying
In this article CVNA If you’re waiting for used car prices to drop, and reading recent indications as a sign the pricing decline already has begun, one of the biggest sellers of used cars in the U.S. says you should not get too excited. The rise in used car prices will likely not slow down until
Signage outside the Novavax Inc. headquarters in Gaithersburg, Maryland, on Friday, March 12, 2021. Al Drago | Bloomberg | Getty Images Novavax announced that it will delay the submission of its Covid-19 vaccine to the Food and Drug Administration for emergency use authorization until its fourth quarter. Shares of the biotechnology company slipped 10% after
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The conglomerate reported operating earnings of $6.69 billion in the second quarter, up 21% from $5.51
In this article ASTR Rocket 3.2 lifts off on December 15, 2020 from Kodiak, Alaska. John Kraus / Astra Publicly traded rocket builder Astra will go for its first launch of the year later this month, aiming to carry a Pentagon payload to orbit. “The Space Force is right now lined up to do a
With schools and parents divided on mask and vaccine requirements, many school districts are planning to be fully in person in the fall — and hoping for the best. “We are all in this together,” said Michael Lubelfeld, superintendent of North Shore School District, just north of Chicago. Lubelfeld said he will follow Illinois
Youth unemployment skyrocketed during the coronavirus pandemic, prompting some entrepreneurial college students to turn to side hustles to make ends meet. Unemployment for young people (in the 16-24 age range) hit a high of 27.4% in April 2020 — that’s nearly 1 in 3 who were unemployed. Meanwhile, Etsy reported that the number of sellers
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A Company With Shares On Fire and One Well Poised for an Upturn in the Ag Cycle.
Idaho Gov. Brad Little on Friday called on the state’s residents to get vaccinated against Covid, citing concern about the delta variant and its potential to hinder economic progress. “We’re just urging everybody to get vaccinated,” Little said on CNBC’s “The Exchange.” Little said his biggest concern and “one of the most detrimental things” to
In this article BYND Packs of Beyond Meat plant-based burger patties are displayed for sale. Paul Yeung | Bloomberg via Getty Images Beyond Meat on Thursday reported a wider-than-expected loss as higher costs and investments in its business weighed on margins. The company also expressed caution for the second half of the year, citing the
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
Traders at the New York Stock Exchange. Source: NYSE The market is churning at record levels as Covid fears ramp up and political uncertainty swirls, but there are still buying opportunities for investors. On Tuesday, Stephanie Link of Hightower Advisors, Josh Brown of Ritholtz Wealth Management, investor Pete Najarian and I joined Scott Wapner on
Sam Edwards | Getty Images One type of annuity may be poised to get a bit of a makeover. Under bipartisan retirement legislation pending in both the House and Senate, the rules applying to qualified longevity annuity contracts, or QLACs, would be changed. Although the two chambers’ provisions differ somewhat, both would remove the 25%
Scarlett Johansson stars as Natasha Romanoff, AKA Black Widow, in Marvel’s “Black Widow.” Disney | Marvel The president of the Screen Actor’s Guild on Friday slammed Disney for “bullying” Marvel actress Scarlett Johansson in a public statement it made about the “Black Widow” star’s lawsuit against the company last week. Gabrielle Carteris said Disney “should
In this article DRLCO-DK A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates. The company on Friday reported earnings
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s highly anticipated jobs report. Futures contracts tied to the Dow Jones Industrial Average dipped 17 points. S&P 500 futures and Nasdaq 100 futures were flat. Stocks finished Thursday’s session in the green, with the S&P 500 rising 0.6% to close