It’s that time of year when we review which items of the tax code are scheduled to expire or otherwise change in just a few days. An eclectic group of temporary tax policies approach their expiration dates, but at the last minute typically hitchhike onto must-pass legislation for another temporary extension. Not so this year,
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CNBC’s Jim Cramer, who is not shy about criticizing SPACs, on Thursday highlighted a trio of stocks that he believes are actually worth owning after completing their reverse mergers with blank-check companies. The “Mad Money” host made a different investment case for each of the three companies: Matterport, Open Lending and Blue Owl Capital. But
Loading chart… Penn National Gaming: “I like Penn National. I liked it low. I liked it high. I think Penn National is a winner. I think that it’s done a lot of good things, and it’s just that gambling has just become a very difficult job. We know those stocks have been in a terrible
For the most part, Bill Gates is optimistic about 2022. But the billionaire Microsoft co-founder still has a few concerns heading into the coming year. In Gates’ recently published end-of-year blog post, titled “Reasons for optimism after a difficult year,” he made multiple rosy prognostications — from the Covid pandemic potentially ending to the oncoming
Maria Teijeiro | OJO Images | Getty Images ‘Tis the season for charitable giving, and retirees eyeing a year-end donation may still score a write-off with transfers from their individual retirement account. Qualified charitable distributions, or QCDs, are direct gifts from an IRA to an eligible charity. Investors age 70½ and older may donate up
A look forward to 2022 for FAANG stocks.
International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst. Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in “travel right now because things are changing every day.” “The recovery we were hoping we were going
A graduate who calls himself “April Vendetta” protests student debt in New York’s Washington Square Park on May 19, 2021, after New York University’s virtual commencement ceremony. Timothy A. Clary | AFP | Getty Images Most Americans want the government to forgive at least some of the $1.7 trillion in outstanding student loan debt. Some
Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, “we’re trying to play around the edges,” Laffer Tengler Investments’ Nancy Tengler told CNBC’s “Trading Nation” on Thursday. “There’s two ways for investors to nibble
U.S. President Joe Biden speaks during a meeting with his administration’s Supply Chain Disruptions Task Force and private sector CEOs in the South Court Auditorium of the White House December 22, 2021 in Washington, DC. Drew Angerer | Getty Images Amid concerns about the new omicron virus, the Biden administration will extend the payment pause
Michael Rubin joined rapper Lil Baby in a scrimmage game that featured the children who attended REFORM Alliance night. Photo: Shareif Ziyadat and Studio 76 Throughout 2021, Fanatics chairman Michael Rubin spent his time bringing his company to an $18 billion e-commerce empire. He took over Major League Baseball’s trading card license, guaranteed $1 billion
In this article .FCHI .GDAXI .FTSE LONDON — European stocks are set to open slightly higher Thursday as traders looked to signs that the omicron Covid-19 variant is not as severe as previously feared. Britain’s FTSE 100 is seen climbing 27 points to 7,347, Germany’s DAX rising 51 points to 15,617 and the French CAC