Tetra Images | Getty Images The IRS has already issued 22 million refunds, at an average $3,536 each. That’s $700 more than last year, when the average refund was just over $2,800. For most people, a lump-sum payment of this size is rare. “The tax refund is often the biggest windfall households receive all year,” said
Month: February 2022
Dan Lauer, founding executive director of UMSL Accelerate Dan Lauer By all measures, Dan Lauer had a successful career. The banker turned entrepreneur created the best-selling children’s toy Waterbabies, and after selling 25 million of the realistic dolls, he wanted to give back to his alma mater, the University of Missouri-St. Louis Business School, and empower
You may have heard about new tax reporting rules for businesses using third-party payment apps such as PayPal, Cash App, Venmo, Zelle, etc. This has caused some confusion for app users, but we’re here to help you understand how it will (or won’t) affect your taxes next year. What’s changed? Until this year, payment platforms
Russia’s Aleksandr Erokhin in action with Cyprus’ Grigoris Kastanos, Gazprom Arena, Saint Petersburg, Russia, November 11, 2021. Anton Vaganov | Reuters Russia’s soccer teams were suspended indefinitely from international competition by major governing bodies Monday because of the country’s invasion of Ukraine. The ban means that Russia’s national team will be blocked from playing in
In this article BP.-GB NOC FL REGI FHN The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Defense stocks — Defense stocks rose as the conflict between Russia and
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are
Getty Images If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts. While the popular move, allowing higher earners to bypass income limits for Roth individual retirement account contributions, was in peril as House Democrats passed Build Back Better, the spending package stalled in December. Nevertheless,
Tommaso79 | Istock | Getty Images Although government intervention helped the U.S. avoid the scariest predictions for the possible number of pandemic-related evictions, hundreds of thousands of families still found notices on their doors. Since March 2020, landlords filed more than 750,000 evictions in the six states and 31 cities that The Eviction Lab at
A look at how FAANG stocks have been performing recently.
You might think a large country like the United States is the most visited in the world, but you’d be wrong — France takes that honor. About 90 million international visitors traveled there in 2019, and tourism makes up 8% of the country’s gross domestic product, according to the French ministry of foreign affairs. As
Nio Founder and CEO William Li poses outside of the New York Stock Exchange to celebrate his company’s IPO. Photo: NYSE BEIJING — U.S.-listed Chinese electric car company Nio is set to offer its shares for trading in Hong Kong on March 10, the start-up announced Monday. The move comes as regulatory risks grow in
Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in January, as a wave of omicron-related infections engulfed the continent. But parts of Europe didn’t wait to act. Citing high vaccination rates and the
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