Pediatric doses of the Pfizer-BioNTech Covid-19 vaccine sit on a table at National Jewish Health on Nov. 3, 2021 in Denver, Colorado. Michael Ciaglo | Getty Images News There are no U.S. cases of the new omicron Covid variant, the CDC said late Friday, referring to a heavily mutated strain of the virus that has
Month: November 2021
The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Swedish fintech start-up Klarna saw its losses balloon in the first nine months of 2021, as costs increased sharply amid rising demand for buy now, pay later services. The Stockholm-based firm posted a pre-tax loss of 3.1 billion
skynesher After last year’s pandemic-related restrictions, many Americans are ready to embrace the holidays. But people should also invest a little time to get a jump-start on the upcoming tax season. There are still opportunities to lower tax bills, such as 401(k) contributions, tax-loss harvesting, charitable giving or Roth individual retirement account conversions. However, filers
Time is running out for families with kids to make any changes to information the IRS has on file for their last child tax credit payment of the year. Families have until Monday, Nov. 29, to reach out to the agency and have it reflected in the final monthly payment, set to go out on
A sign reading “Shop Local” with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana. William Campbell | Getty Images While Black Friday may be the biggest shopping day of the Thanksgiving weekend, about half of American consumers are expected to turn out for Small Business Saturday. A survey from
The Build Back Better Act (BBBA) would raise taxes to pay for social spending programs. But the design of some of the tax increases may end up hurting private pensions, among other problems. By relying on measures of income reported on company financial statements, i.e., book income, the proposed corporate alternative minimum tax and the
Health Deputy Minister Dr Joe Phaahla, September 02, 2020 in Springs, South Africa. OJ Koloti | Gallo Images | Getty Images South African Health Minister Joe Phaahla said Friday that other countries’ decisions to impose travel restrictions amid concerns over the detection of a heavily mutated variant of Covid-19 in his country is “unjustified.” “The
In this article ZM UAL NCLH RCL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading Friday: United Airlines, American Airlines – Airline stocks were hit hard during Friday’s sell-off, as the new Covid variant
Private jet demand is booming — to the extent that companies can’t produce them quickly enough and buyers are facing extended wait periods for deliveries. Even secondhand business jets are vanishing from the market. “If you look at today compared to 2019, the market has almost exploded,” John Schmidt, global aerospace and defense industry
Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen.
Simon Smith | E+ | Getty Images With U.S. markets slipping on Friday amid fears of a new Covid variant, you may be tempted to take some money off the table. The Dow Jones Industrial Average is down 900 points for the day, or 2.5%. The S&P 500, meanwhile, has slid 1.8%. However, while selling
David Paul Morris | Bloomberg | Getty Images When it comes to shopping for a new car, this isn’t your typical Black Friday. Deals and discounts that were once plentiful this time of year are harder to come by. An ongoing global shortage of microchips — key components needed for today’s autos to operate —
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