“It’s been a whirlwind, to say the least,” says Rosemary Ketchum. Ketchum, 26, became the first openly transgender elected official in West Virginia when she won a city council seat in Wheeling on June 9. She is now one of 27 out trans elected officials in America, according to the LGBTQ Victory Fund. Ketchum’s may seem an unlikely
Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set the company up to begin spaceflights next. The company said that after it completes “an extensive data review”
Siriluck Srikumbang / EyeEm Perhaps you are approaching retirement and getting a bit nervous from these wild market swings. It has, after all, been an emotional ride lately, and there are no signs of it letting up soon. You may be thinking: Is it time to “de-risk” your portfolio by dumping stocks and seeking the
Sen. Marco Rubio, R-Fla. Michael Brochstein | SOPA Images | LightRocket | Getty Images The coronavirus stimulus checks have provided a financial boost to millions of Americans — except for those who filed tax returns with non-citizen spouses. A bill introduced on Thursday by Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., is seeking to
The administrator of the Small Business Administration, Jovita Carranza, looks on during the daily briefing on the coronavirus outbreak. Mandel Ngan | AFP | Getty Images The speedy rollout of the Paycheck Protection Program put cash into the hands of business owners — and it may have also paved the way for fraud. Those were
WASHINGTON, DC – MARCH 27: U.S. President Donald Trump speaks during a bill signing ceremony for … [+] H.R. 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC. Earlier on Friday, the U.S. House of Representatives approved the $2 trillion stimulus bill that lawmakers hope
In part two of Tax Notes’ three-part series: Paying for the Pandemic, watch William G. Gale, co-director of Urban-Brookings Tax Policy Center, make a case for raising revenue with a progressive value-added tax. Here are a few highlights… On forecasting the GDP ratio William G. Gale: The estimates that we did [in my article] involve this scenario called
The Hamptons, a coveted vacation destination for the wealthy, saw a spike of more than 70% in luxury … [+] home views in May compared to a year ago. Getty Similar to the wider U.S. housing market, which is bouncing back from the early, dampening effects of the coronavirus pandemic, the luxury segment recorded a
A sign is posted in front of a Chuck E. Cheese restaurant in Newark, California. Justin Sullivan | Getty Images Chuck E. Cheese’s parent company CEC Entertainment said Thursday that it filed for Chapter 11 bankruptcy after venue closures stemming from the coronavirus pandemic roiled its business. The company, which is owned by private equity
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to