Among many things, the Tax Cuts and Jobs Act of 2017 affected the so-called marriage penalty, which occurs when a couple’s total tax bill rises as a result of getting married and filing their taxes jointly. Under the old tax code, the marriage penalty hit medium- to high-income earners particularly hard. That had to do with differences in the income-tax brackets for married couples vs. individuals. Now, however, those brackets have been adjusted to eliminate those discrepancies—except for taxpayers who are subject to the top... … [Read more...] about Does It Pay, Taxwise, to Get Married?
Virginia became the first No. 1 seed to lose to a No. 16 seed in the men’s NCAA tournament last year. You may have heard something about that. You’re about to hear a whole lot more when March Madness begins this week. And you might be tempted to pick against Virginia in your bracket after being reminded of the biggest upset in the history of the sport. But that’s exactly why you shouldn’t. The easiest way to win your office pool is to look for value and pick the title contender that almost nobody else wants to pick. ... … [Read more...] about Why You Should Pick Virginia—Yes, Virginia—in Your NCAA Tournament Bracket
Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately. Boeing Co.—Down 2.6% premarket: Federal prosecutors and Transportation Department officials are scrutinizing the development of Boeing’s 737 MAX jetliners, The Wall Street Journal reported, unusual inquiries that come amid probes of regulators’ safety approvals of the new plane.... … [Read more...] about Stocks to Watch: Boeing, Synaptics, Apple, Marriott, Lumber Liquidators, and More
President Trump is ramping up pressure on General Motors Co. and its chief executive, Mary Barra, over the recent closure of an Ohio assembly factory, and pressing the company and union leadership to speed up contract negotiations. Mr. Trump, who is scheduled to visit Ohio this week, tweeted over the weekend about the need to reopen the GM factory in Lordstown, Ohio. The plant ended production this month, one of several factories in North America slated for closure by GM, as the Detroit car company adjusts to slowing demand... … [Read more...] about Trump Ratchets Up Criticism of GM for Plant Closure
John Swannell (Bailey’s assistant, 1969–1973): If you wanted to be a rock star in those days, you wanted to be Mick Jagger. If you wanted to be an actor, it was Michael Caine. If you wanted to be a hairdresser, it was Vidal Sassoon. For photography, it was Bailey. So he was my hero. He was instinctive about photography. He just knew what was right. All the other photographers I worked with over the years, they all pretended to be great. He was great. And he was so laid back about it. Manolo Blahnik (designer): The first... … [Read more...] about An Oral History of David Bailey, the Legendary London-Born Photographer Who Reinvented Portraiture