Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, April 19, 2017. Bloomberg | Bloomberg | Getty Images Companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing, BlackRock Chairman and CEO Larry Fink
If you’re among the growing contingent of Americans who plan to continue to work after age 65, be sure to review your Medicare options before you do eventually decide to finally say farewell to your coworkers. While it’s common for people working past that age to stick with a company-sponsored health plan and delay enrolling
Are cryptocurrencies reportable for FBAR? For Fatca? No and maybe. Bitcoin, 5yr Forbes Turns out there’s no FBAR mandate on your offshore bitcoin account. Is the government making a tactical retreat in its war on money launderers and tax cheats? In response to a request for guidance from an accountants’ group, the Treasury Financial Crimes
Individual income tax returm form by IRS, concept for taxation planning Getty Earlier this year, the U.S. House of Representatives passed the Setting Every Community Up for Retirement (SECURE) Act, by a whopping 417-3 vote. Initially, it was widely believed that the Senate would make quick work of the bill, as it had the incredible
While the decline in foreign investment in real estate is bad news for the U.S. market, it hasn’t been a huge part of the New York City market for some time, experts say. Getty The U.S. housing market has hit another stumbling block, as purchases of homes by foreign buyers dropped a dramatic 36%, according
2020 Chevrolet Corvette Stingray Source: General Motors General Motors is gunning for Ferrari with its newest redesign of the Chevrolet Corvette — the 2020 Stingray unveiled Thursday night. First introduced in 1954, the Chevy Corvette quickly stood out in a market dominated by the heavy metal that was rolling out of most Detroit factories in
UnitedHealthcare office Michael Nagle | Bloomberg | Getty Images UnitedHealth reported a 12.7% rise in second-quarter profit on Thursday, as the company added more members to its health plans and revenue climbed in its Optum unit, which includes its pharmacy benefit management business. Net earnings attributable to shareholders rose to $3.29 billion, or $3.42 per share,
John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York, March 6, 2019. Lucas Jackson | Reuters When New York Federal Reserve President John Williams said central bankers need to “act quickly” as economic growth slows, a spokesperson said he was drawing from
On the 50th anniversary of the Apollo 11 mission to the moon, the leader of the National Aeronautics and Space Administration gave his predictions for the future of the space industry and how it could be a lucrative enterprise much sooner than most investors think. NASA Administrator Jim Bridenstine said, for example, that harvesting rare-earth
A bipartisan bill that cleared the House last week would let first-time homebuyers pay a bit less at closing if they go through homeownership counseling. Called the Housing Financial Literacy Act, the measure would apply to first-time homebuyers who take out a mortgage backed by the Federal Housing Administration. Borrowers who go through the counseling