In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
Month: October 2021
A look at a tech company providing products, services and solutions to industrial and commercial users of electronic components.
Firefighter Matt Smither is seen working alongside critical care nurses in the Intensive Care Unit at Queen Alexandra Hospital in Portsmouth, southern England. ADRIAN DENNIS | AFP | Getty Images LONDON — An increasing number of doctors in the U.K. are warning that the country, and its health service, are facing a renewed health crisis
In this article CMG A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that crushed Wall Street’s estimates as its menu price increases helped the chain
Financial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance. Speaking during a panel at CNBC’s Sustainable Future Forum on Thursday, Adams said it was inevitable that the current drive toward ESG (environmental, social and governance) would
Getty Images The enhanced child tax credit has sent monthly checks to millions of American families since July. Now, it’s one of the programs on the chopping block as Democrats slim down President Joe Biden’s Build Back Better agenda. Lawmakers are proposing to extend the benefit for only one year. Previously, the Biden Administration proposed
Phishing and the season’s latest scams; FBAR whistleblowing returns; best sales-tax questions; and other highlights from our favorite tax bloggers. The fun’s back in ‘refund’ Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): The good word on processing returns — and the even better news about refunds — from the Office of Management and Budget, leaked first by
In this article GM 2022 GMC Sierra 1500 AT4X (left) and Denali Ultimate GM DETROIT – General Motors is rolling out two new high-end GMC Sierra 1500 pickups, including one called the Denali Ultimate, that will start at more than $80,000 – making it the most expensive full-size, half-ton pickup on the market. The new
In this article SNAP In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images Snap stock fell 25% after reporting its third-quarter earnings on Thursday. The company’s revenue missed
A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Stock futures dipped slightly in overnight trading Thursday after the S&P 500 reached new highs. Futures on the Dow Jones Industrial Average shed 15 points. S&P 500
Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022 as he forecasts a growing economy and lasting inflation pressures. The central bank official told CNBC that he has “penciled in” a rate increase in “late third, maybe early fourth” quarter of 2022. The expectation puts
House Speaker Nancy Pelosi, D-Calif., speaks outside of the U.S. Capitol on Oct. 20, 2021. Mandel Ngan | AFP | Getty Images As Democrats wrestle over their spending package, key lawmakers are still fighting to change the $10,000 cap on the federal deduction for state and local taxes. The measure, known as SALT, is a
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