Some relief may be in sight for countries battling spikes in Covid. A major Wall Street firm expects vaccines will be a game changer for emerging markets and help them participate in a broad-based economic rebound by next year. “It’s all a matter of timing. Certainly, these are obstacles. But they are short-term in nature,”
Sarat Sethi Cameron Costa | CNBC When Sarat Sethi was coming up in the finance and investment advisory industry, there were not a lot of role models of Asian descent. “It made me feel different,” said Sethi, who moved with his family to the U.S. from India when he was 12. Sethi, now 51 and
A veterinary science professor at Oklahoma State University was flummoxed trying to e-file his 2020 individual tax return due May 17, 2021 over the weekend. The professor, Jerry Ritchey, who has successfully e-filed his returns for umpteen years, got a rejected message. The problem: The Internal Revenue Service still hasn’t processed his 2019 tax return,
An earlier post made clear this economy’s powerful near-term growth momentum. It also warned about longer-term economic risks, especially given Washington’s efforts to hype the economy. Against this background of conjoined economic optimism and worry (common enough in almost all economic analyses) the expansion in residential real estate seems so far to rest on a remarkably
Waiving intellectual property protections for Covid-19 vaccines will not help to address the global supply shortage, the co-founder of a Massachusetts-based biopharmaceutical company told CNBC. The push for patent waivers is “political theater” and does not inherently allow others to create safe and effective vaccines, which are already very difficult to make, said Jake Becraft,
Pedestrians walk past the Nasdaq in New York on Sept. 3, 2020. Xinhua News Agency | Getty Images Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Monday evening after Wall Street kicked off the week with modest losses. Dow futures added 50 points, while contracts
Michael Jordan and Kobe Bryant are two of the greatest shooting guards in NBA history. On Saturday, Jordan introduced Bryant’s widow, Vanessa Bryant, at Kobe Bryant’s posthumous Hall of Fame induction. “Thank you for being here. Kobe admired you,” Vanessa said to Jordan. Jordan and Bryant were constantly compared by commentators and they were great
Getty Images The May 17 extended tax filing deadline has arrived. Those who still aren’t ready may feel panicked, yet experts say there are options for people who aren’t prepared to file or pay. More from Personal Finance:2020 tax returns are due to the IRS on May 17. Here are some last-minute filing tipsAlmost 2
The Supreme Court of the United States granted a significant victory for taxpayers’ advisors today, which also happens to be tax filing day. It is no wonder that soon after revenue laws were enacted taxpayers sued to prevent the IRS from assessing and collecting tax. We are, after all, a nation founded on a tax
A quadruplex penthouse in Midtown Manhattan that comes with seven terraces and nearly 2,000 square feet of outdoor living space has hit the market for $9.995 million, according to a new listing with Forbes Global Properties. The sprawling residence is owned by licensing executive Al Kahn and his wife, Jillian Crane. Khan, who has decades