Month: August 2020

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HSBC Global Asset Management and climate change advisory and investment firm Pollination Group are teaming up to launch a series of billion-dollar funds that will target “natural capital.”  The new venture, which is the largest of its kind, will be called HSBC Pollination Climate Asset Management. The funds will target institutional investors including pension funds
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Today’s map takes another look at property taxes, this time focusing on states’ effective tax rates on owner-occupied housing. This is the average amount of residential property taxes actually paid, expressed as a percentage of home value. Because property taxes are tied to housing values, it makes sense that the actual dollar amounts of property
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The novel coronavirus pandemic led to a transition from employer-provided meals to food delivery services arriving at employee homes, as workers all but eliminated their travel expenses, according to a new report. The Certify SpendSmart report, from expense management software provider Emburse, showed a huge increase in expenses for food deliveries and employee purchases for
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The Republican National Convention is underway this week and President Trump’s campaign released a second term agenda outlining his policy vision in broad strokes. While light on detail, the agenda includes a few tax policy items like expanding existing tax breaks, creating credits for specific industries and activities, and unspecified tax cuts for individuals. The
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Satellite antenna builder Kymeta announced Tuesday that it closed a significant new round of fundraising led by Bill Gates, as the start-up looks to increase manufacturing and sales of its mobile communications product. “At the end of the day, the problem that our customers want to solve is highly reliable broadband service,” Kymeta executive chairman
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Key Findings The future of funding for America’s highways has been the topic of much political discussion for decades. While many states have increased motor fuel tax rates over the last decade, the federal government has not updated the gas tax since 1993. The motor fuel tax is a relatively well-designed tax which acts as
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IRA owners, beneficiaries or workplace retirement plan participants who received a required minimum distribution this year have until Monday, Aug. 31, to roll over or repay the distribution to avoid paying taxes, according to the IRS. The CARES Act waives RMDs during 2020 for IRAs and retirement plans, including for beneficiaries with inherited accounts. This
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Hero Images | Hero Images | Getty Images For millions of Americans, the $1,200 stimulus checks sent by the government earlier this year were a financial lifeline. For others, whose incomes were uninterrupted, it was something else — an opportunity to invest in the markets. The two sets of circumstances Americans may find themselves in