Binyamin Applebaum of The New York Times recently authored an op-ed calling for the adoption of return-free filing. Under return-free filing, many taxpayers would receive an already-completed return that they could amend. It’s an appealing idea, but for it to deliver its promised benefits, the U.S. tax code would have to be much simpler. The
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In this article GNOG DKNG The wild spate of mergers and acquistions in the gambling industry continued Monday as DraftKings agreed to acquire Golden Nugget Online Gaming for $1.56 billion in stock. Golden Nugget Online shareholders will receive 0.365 shares of DraftKings stock, which puts the offer at a 53% premium to Golden Nugget Online
In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about
A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,
Kieferpix | iStock | Getty Images When it comes to retirement savings, how much is enough in order to feel financially secure? The median answer across workers of all ages is $500,000, according to research from the Transamerica Center for Retirement Studies. But that figure varied somewhat across generations. While the median number for Gen
Halfpoint | iStock | Getty Images Many Americans are looking to Labor Day with dread. That’s when some 7.5 million of them will stop receiving their unemployment benefits. The number is more than five times the 1.3 million people who lost aid in December 2013 as the country walked away from the Great Recession. Although
Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its scope to single-family rental homes.
Which Electric Vehicle stocks will benefit from Biden’s plan?
BARCELONA, SPAIN – AUGUST 08: (EDITOR’S NOTE: Alternate crop) Lionel Messi of FC Barcelona faces the media during a press conference at Nou Camp on August 08, 2021 in Barcelona, Spain. Eric Alonso | Getty Images Sport | Getty Images Lionel Messi has received a formal two-year contract offer from Paris Saint-Germain. The French club
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 5, 2021. Andrew Kelly | Reuters Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report. Futures on the Dow added 2 points,
We highlight the best performing ARK ETFs.
In this article NCLH Norwegian Cruise Line’s Norwegian Dawn Paul Marotta | Getty Images Norwegian Cruise Line said Sunday that a federal judge ruled to temporarily halt enforcement of a Florida law prohibiting businesses from requiring customers to show proof of vaccination. U.S. District Judge Kathleen Williams granted the preliminary injunction, allowing Norwegian to require
The latest jobs report may not be a game changer for the Federal Reserve’s easy money policies. According to Wells Fargo Securities’ Michael Schumacher, it’s premature to assume July’s strong numbers will push the Fed meaningfully closer to tapering its monthly bond purchases. “This report was pretty strong. Not a blockbuster,” the firm’s head of
Hunter Hastings / 500px | 500px | Getty Images Although everyone wants to leave the pandemic behind, the loss of the financial relief many families received because of the crisis will be less easy to part with. Stimulus checks, more generous jobless benefits, expanded money to feed children and other aid and protections kept the
The first batch of Sephora shops within Kohl’s stores debuted on Friday. Both brands are hoping to woo new customers with the partnership, which was announced nine months ago. On Friday, four Kohl’s unveiled the new Sephora-branded beauty departments. Another 73 will roll out on Aug. 20. Ultimately, the goal is to have 400 locations
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
Social media is full of posts from people embarking on the “Great Resignation,” or the mass of workers quitting their jobs as the economy rebounds. Nearly 4 million people quit their job in April, according to the Labor Department, followed by another 3.6 million in May. “A lot of people quit a job with the
Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial landscape, investors want to know how they can pinpoint stocks that are poised to deliver
Sen. Kyrsten Sinema, D-Ariz., second from right, speaks at a news conference in Washington, D.C., on July 28, 2021. Stefani Reynolds | Bloomberg | Getty Images As the Senate races for its summer recess, Democrats hope to pass two priorities: a $1 trillion bipartisan infrastructure plan and a budget resolution allowing them to skirt Republican