State and local governments have faced a cash crunch as a result of the COVID-19 pandemic. And they’re passing the pain on to homeowners in the form of higher property taxes, according to a new report. A new analysis from real-estate data company Attom Data Solutions found that Americans who …
Read More »Asia Markets: Asian stocks falls after Chinese inflation data surprises to the upside
BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares declined in Hong Kong, Shanghai, Sydney and Seoul. On …
Read More »IPO Report: Impossible Foods prepping for $10 billion IPO: report
Impossible Foods Inc. is prepping for an initial public offering that could value the maker of plant-based burgers at about $ 10 billion within the next year. The Silicon Valley-based company, which just launched its first national TV ad campaign, is chewing over going public either through a traditional IPO …
Read More »Coronavirus Update: Global COVID-19 cases top 133 million as Brazil and India become flashpoints
The number of global confirmed cases of the coronavirus-borne illness COVID-19 climbed above 133 million on Thursday and the death toll edged closer to 3 million, as India and Brazil became flashpoints amid record death levels and concerns about the spread of more infectious variants. Brazil reported almost 4,200 COVID-19 …
Read More »Tax Guy: When can I deduct business meal and entertainment expenses under current tax rules?
The federal income tax treatment of business-related meal and entertainment expenses has been a moving target. If you’re confused about what rules currently apply, I don’t blame you. This column aims to eliminate confusion. That’s an optimistic goal, but here goes. A 2020 COVID-19 relief bill made taxpayer-friendly changes A …
Read More »IPO Report: Applovin IPO: 5 things to know about the software company seeking a $30 billion valuation
Applovin Inc. is shooting for a valuation of more than $ 30 billion as the app-software company priced its initial public offering in its bid to catch a sizable piece of a $ 200 billion mobile app market. On Wednesday, Applovin APP, +10.91% named a price range for its shares …
Read More »: ‘This is not the time to lessen our efforts’: Americans’ fear of COVID-19 falls to lowest level since April 2020
Fewer Americans now fear catching COVID-19 than at any point since the start of the pandemic, according to a new survey. Only 35% of U.S. adults reported they are very or somewhat worried about contracting COVID-19, according to Gallup. It’s the lowest level of concern since last April. Additionally, nearly …
Read More »The Moneyist: I’m 30. My wife is 34. We saved $350K and I have $350K saved for retirement. Should we pay cash for a home — or take out a mortgage and invest it?
Dear Quentin, After finishing graduate school, my wife and I decided to pay off all our debt before buying a home, or anything for that matter. We have been cheaply renting for the last three years, and living as if I were still a very poor graduate student. During this …
Read More »: New York officially approves legal online sports betting
New York state has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for the first time. Further reporting from the Action Network and the Buffalo News indicates the plan to implement online sports betting will be some form …
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