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Hawaii decriminalized possession of small amounts of marijuana on Tuesday, becoming the 26th state to decriminalize or legalize the drug.Under the 158
Former Vice President Joe Biden says Michigan Gov. Gretchen Whitmer is on his short list for potential running mates should he clinch the Democratic nomination for president.Whitmer's has earned national attention in recent weeks for her response to the coronavirus pandemic. She has not been shy about her disappointment in the federal government's response, calling on the Trump administration to provide more medical equipment like ventilators and protective masks. She's even had some harsh words for President Donald Trump on social media more than once since the pandemic began.Trump fired back, criticizing the governor both online and during press conferences, even referring to her as "the woman from Michigan," a title Whitmer supporters have since 771
If Santa brought you cash this holiday season, the IRS might have a less exciting present of its own for you in April. Three tax pros share tips for knowing whether your holiday haul might turn into a lump of coal this tax season — and what to do about it.Cash giftsIf a friend or family member gave you a check in December, you probably don’t have to pay taxes on it. “If you get cash from anyone as just a gift with no expectation of anything in return, it’s never taxable to the recipient,” says Kristie DeLuca, a certified public accountant and partner at Samet & Company in Chestnut Hill, Massachusetts. The giver might have to do some extra paperwork at tax time, though.What might happen: The giver might have to file a gift tax return if the gift was more than ,000. The good news is that sizable IRS annual and lifetime giving exclusions mean the giver doesn’t necessarily have to pay an actual 923
GENEVA, Switzerland – The World Health Organization has declared the ongoing coronavirus outbreak a pandemic. "WHO has been assessing this outbreak around the clock and we are deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction," said Dr. Tedros Adhanom Ghebreyesus, Director-General of WHO. “We have therefore made the assessment that #COVID19 can be characterized as a pandemic”By definition, a pandemic is an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.Ghebreyesus says the number of COVID-19 cases outside of China has increased 13-fold and the number of affected countries has tripled. “There are now more than 118,000 cases in 114 countries and 4,291 people have lost their lives,” said Ghebreyesus. In the days and weeks ahead, experts expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher. "Pandemic is not a word to use lightly or carelessly,” said Ghebreyesu. “It is a word that, if misused, can cause unreasonable fear, or unjustified acceptance that the fight is over, leading to unnecessary suffering and death"Ghebreyesu says describing the outbreak as a pandemic doesn’t change WHO’s assessment of the threat the virus poses or what the organization is doing to combat it.According to Ghebreyesu, some of the hardest hit countries are seeing some progress in the fight against the virus."Of the 118,000 COVID-19 cases reported globally in 114 countries, more than 90 percent of cases are in just four countries, and two of those China and South Korea, have significantly declining epidemics," said Ghebreyesu. Watch WHO provide an update over the pandemic: 1781
Former Speaker of the House Paul Ryan is joining the board of the newly slimmed-down Fox Corporation, the parent company of Fox News.Ryan's and three other board of directors were appointed on Tuesday. It was a necessary step as the Murdoch family wraps up the Disney-Fox deal.Disney is acquiring most of 21st Century Fox, including its movie studio and entertainment cable channels. The deal will 410