- Student Loan Forgiveness Will Never Happen If...by Zack Friedman, Senior Contributor on October 20, 2021
Student loans won't get cancelled if this continues.
- Treasury Pushes Revised Bank Account Reporting...by Ashlea Ebeling, Senior Contributor on October 19, 2021
The Treasury Department issued a fact sheet today with details on a revised proposal to catch wealthy tax cheats, this time setting the bank account threshold at $10,000, up from $600, and providing an exemption for wage earners.
- Biden’s Latest Stimulus Package Is Fueling...by Sergei Klebnikov, Forbes Staff on October 19, 2021
A regional Fed analysis argued that Biden’s stimulus package is boosting near-term inflation.
- 4 Signs That Biden May Not Cancel Student Loan...by Adam S. Minsky, Senior Contributor on October 19, 2021
Will there be mass student loan forgiveness? The push continues, but there are several signs that it may not happen.
- What Does The Largest Social Security COLA...by Ron Carson, Contributor on October 19, 2021
In October, the U.S. Department of Labor (DOL) announced that its broader measure of inflation, the consumer-price index, rose 5.4% in September from a year earlier, marking the largest annual gain since 2008.
Personal Finance
Banking
- Wall Street Is Buying Up Music Rights: Cities...by Shain Shapiro, Contributor on October 20, 2021
A song need not just be a pension; it can help grow an entire Pension Fund. It’s time cities took notice.
- Credit Suisse Fined $475 Million For Murky...by Ollie A Williams, Senior Contributor on October 20, 2021
Credit Suisse has been fined $475 million over a loan to Mozambique which was misspent on kickbacks and gunships.
- Treasury Pushes Revised Bank Account Reporting...by Ashlea Ebeling, Senior Contributor on October 19, 2021
The Treasury Department issued a fact sheet today with details on a revised proposal to catch wealthy tax cheats, this time setting the bank account threshold at $10,000, up from $600, and providing an exemption for wage earners.
- Biden’s Latest Stimulus Package Is Fueling...by Sergei Klebnikov, Forbes Staff on October 19, 2021
A regional Fed analysis argued that Biden’s stimulus package is boosting near-term inflation.
- Part Of Build Back Better Could Be Disaster For...by Peter J Reilly, Contributor on October 15, 2021
A provision of the Build Back Better Act threatens to louse up a lot of life insurance plans.
Investing
- 3 Big Dividends To Buy For Rising Treasury Ratesby Brett Owens, Contributor on October 20, 2021
Goldman Sachs says the Fed will start cutting its bond purchases next month...
- GoTo Raises $400 Million From Abu Dhabi Fund-Led...by Jonathan Burgos, Contributor on October 20, 2021
GoTo said Wednesday it had raised $400 million from a pre-IPO funding round led by sovereign wealth fund Abu Dhabi Investment Authority (ADIA).
- Thai AirAsia Parent Raising Up To $536 Million As...by Jonathan Burgos, Contributor on October 20, 2021
Asia Aviation—the operator of Thailand’s Thai AirAsia—will raise as much as 17.9 billion baht ($536 million) in a revised financial restructuring plan aimed at reviving the loss-making airline that was hard hit by the Covid-19 pandemic.
- Philippines’ Ayala Corp. Unit To Take Full...by Jonathan Burgos, Contributor on October 20, 2021
AC Energy—a unit of billionaire Jaime Zobel de Ayala’s Ayala Corp.—it has agreed to take full ownership of its Australian renewable energy joint venture as the Philippines’ oldest conglomerate steps up investments to become the biggest listed renewable energy platform in Southeast Asia.
- Netflix’s Solid Earnings Prove Why Wall Street...by Sergei Klebnikov, Forbes Staff on October 19, 2021
Despite a slow start to 2021, Netflix now looks set for strong subscriber growth thanks to the success of new content like hit series “Squid Game.”
Taxes
- Biden’s Bank Reporting Regime Would Help Close...by Guinevere Moore, Contributor on October 20, 2021
Banks would be required to report inputs and withdrawals over $10,000 under current Democrat proposal.
- Treasury Pushes Revised Bank Account Reporting...by Ashlea Ebeling, Senior Contributor on October 19, 2021
The Treasury Department issued a fact sheet today with details on a revised proposal to catch wealthy tax cheats, this time setting the bank account threshold at $10,000, up from $600, and providing an exemption for wage earners.
- The End Is Nigh: An Update On The OECD Tax Reform...by Tax Notes Staff, Contributor on October 19, 2021
Tax Notes chief correspondent Stephanie Soong Johnston recaps the final agreement on the OECD’s two-pillar corporate tax reform plan approved in October by 136 countries of the inclusive framework.
- IRS Tax On Legal Settlements Depends On Wordingby Robert W. Wood, Contributor on October 19, 2021
Most legal settlements are taxed, and they can be low-hanging fruit for the IRS. Settlement agreement wording is really important and so are IRS Forms 1099. It is best to get tax advice as a case is settling, and again before you file a tax return.
- What Is The Mandate For Medicare Expansion?by Ben Ritz, Contributor on October 19, 2021
As lawmakers work to trim the reconciliation bill's costs, they should prioritize public investments from President Biden’s agenda now and pursue a comprehensive plan to strengthen Medicare in the future.
Retirement
- Thai AirAsia Parent Raising Up To $536 Million As...by Jonathan Burgos, Contributor on October 20, 2021
Asia Aviation—the operator of Thailand’s Thai AirAsia—will raise as much as 17.9 billion baht ($536 million) in a revised financial restructuring plan aimed at reviving the loss-making airline that was hard hit by the Covid-19 pandemic.
- 7 Ways To Keep Your Children From Battling Over...by Bob Carlson, Senior Contributor on October 19, 2021
Families often battle over the small, personal items in an estate.
- What Does The Largest Social Security COLA...by Ron Carson, Contributor on October 19, 2021
In October, the U.S. Department of Labor (DOL) announced that its broader measure of inflation, the consumer-price index, rose 5.4% in September from a year earlier, marking the largest annual gain since 2008.
- 3 Principles For A Better Build Back Better Billby Elizabeth Bauer, Senior Contributor on October 19, 2021
It may be pollyannish to imagine that Congress might govern in a principled manner, but here's how to fix the Reconciliation Bill to achieve that goal.
- What Is The Mandate For Medicare Expansion?by Ben Ritz, Contributor on October 19, 2021
As lawmakers work to trim the reconciliation bill's costs, they should prioritize public investments from President Biden’s agenda now and pursue a comprehensive plan to strengthen Medicare in the future.
Is Now The Best Time To Be Investing In Stocks?
For those looking to capitalize on the magic of compounding interest to reach their financial goals faster and easier, this...
Read moreLatest Post
Is Now The Best Time To Be Investing In Stocks?
For those looking to capitalize on the magic of compounding interest to reach their financial goals faster and easier, this...
Read more