EFTA00148305 ## IRS Delays Deadlines For IRA, HSA Contributions Until May.
| Politico(3/29,Faler,6.73M) reports the IRS announced Monday it is moving“several more tax deadlines into next month.”The agency is“delaying until May 17,from April 15,the deadlines for making 2020 contributions to individual retirement accounts,health savings accounts and Coverdell education savings accounts.”However,it“emphasized that it is not delaying the deadline for making estimated tax payments,on income that isn't subject to withholding,as some have demanded。” |
| Bloomberg(3/29,Koh,Wardany,Magdy,3.57M) reports,“Authorities expected operations to return to normal within days.” |
| Axios(3/29,Knutson,1.26M) reports that“the Suez blockage was estimated to cost $400 million per hour in delays to goods shipments。” |
| Reuters(3/29,Cadell) reports that on Monday,Chinese officials“said Sweden's H&M and other foreign brands should not make rash moves or step into politics after the companies raised concerns about forced labour in Xinjiang,sparking a furious online backlash and boycotts.”According to Reuters,“H&M,Burberry,Nike,Adidas and other Western brands have been hit by consumer boycotts in China since last week over comments about their sourcing of cotton in Xinjiang.”On Monday,Xinjiang government spokesman Xu Guixiang said,“I don't think a company should politicize its economic behaviour. ...Can H&M continue to make money in the Chinese market? Not anymore。” |
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| Chauvin Trial-15 minutes, 55 seconds |
| COVID Update-9 minutes,0 seconds |
| Suez Canal-3 minutes,55 seconds |
| Cuomo-Accusations-3 minutes,25 seconds |