Home loan / reverse mortgage or transforming assets into cash concept : House model, US dollar notes … [+] on a simple balance scale, depicts a homeowner or a borrower turns properties / residence into cash Getty In a recent column, I pointed out that mortgages can be major financial and tax losers. In particular,
Month: November 2019
Most tech solution stories start with the need to not only figure out but also how to navigate around a specific pain point. For commercial real estate, an industry that has historically been slow in adopting technology as compared to other industries, instead of simply playing catch up and solving those pain points, it is
There’s nothing like being there in person. The Japanese sport of sumo has been around for more than 1,000 years. It was originally performed to entertain Shinto deities and then became a court entertainment before gaining popularity among the general public in the Edo era in the 17th and 18th centuries. Even in modern Japan,
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch fell short of quarterly same-store sales estimates on Tuesday, hit by sluggish demand for the teen apparel retailer’s surfwear-themed Hollister clothing line. Sales at established stores were flat in the third quarter ended
The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York. Ramin Talaie | Bloomberg | Getty Images Check out the companies making headlines after the bell: HP shares jumped more than 2% during extended trading after the company posted a fourth-quarter earnings beat on the top and bottom line.
China successfully launched satellites to space last week but a shower of rocket debris after the launch crushed buildings in the Sichuan province, captured in a video shared widely on social media. Before the government launched a Long March 3B rocket from the Xichang Satellite Launch Center on Friday evening, it warned residents with a
New York state governor Andrew M. Cuomo Wang Ying | Xinhua | Getty Images Four blue states that had unsuccessfully sued the IRS over a new $10,000 cap on the federal deduction for state and local taxes filed an appeal on Tuesday. The states — New York, New Jersey, Connecticut and Maryland — originally filed
Hearing, memory and mobility all going at once: the aging triple whammy. We see it with Walter 91, was a very accomplished CEO in his day. He has always been a take-charge guy. But now, he has a severe hearing loss which limits his life considerably. He hates hearing aids and won’t wear them. He
(Photo via Smith Collection/Gado/Getty Images). Getty Images Residential real estate seems to have regained health of late, and in more ways than one. On the macro side, activity, after months of stagnation and decline, has turned upward again. Alone, this change has lifted the specter of recession. Still more encouraging, lower-priced housing has begun to appreciate
This is a plain sawn white oak veneer floor with 7 ply birch core and 4mm thickness veneer. The … [+] manufacturer is From The Forest Photo courtesy of From The Forest Engineered wood, like engineered stone, is manmade. Rather than using solid boards, manufacturers glue and bonded together multi-layers of materials; a top veneer or wear
Melanie Whelan is resigning from her position as chief executive officer of SoulCycle, effective Tuesday, the company told CNBC Make It. Whelan is also vacating her position as the director on the company’s board. Both sides felt it was time for a leadership transition, according to a person briefed on the decision who asked not to
Gary Philbin, CEO, Dollar Tree Scott Mlyn | CNBC Dollar Tree just signaled for a disappointing holiday earnings quarter thanks to U.S.-China trade war tariffs, sending shares cratering on Tuesday. The discount retailer said the tariffs slapped on Chinese imports will add $19 million, or 6 cents per share, to its costs of goods for
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook is the mystery “Party A” revealed in an SEC filing that bid several times to acquire health-wearables maker Fitbit, including a best and final offer of $7.30 per share, according to
Slack Technologies Inc. CEO Stewart Butterfield stands on the trading floor during the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters The biggest hurdle for companies aiming to follow Spotify and Slack into the public markets is that the direct listing process they
A senior citizen holds a sign during a rally to protect federal health programs at the 8th Annual Healthy Living Festival on July 15, 2011 in Oakland, California. Justin Sullivan | Getty Images For most people, signing up for Medicare is a retirement rite of passage. But as they turn 65 and sort through their
Senior man celebrates his 90th birthday Urbazon / Getty A change proposed by the IRS could alter how much retirees are required to withdraw each year from their traditional retirement accounts. The reason? People are living longer now than when the agency last issued its tables for required minimum distributions in 2002. As a result,
By Grace Birnstengel, Next Avenue Editor Getty “Don’t trust anyone over 30.” It’s a line made famous by ’60s activist Jack Weinberg when a San Francisco Chronicle reporter interviewed him about the ongoing Free Speech Movement at the University of California, Berkeley. Generational finger pointing is not a new concept, but it’s been in the
A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store … [+] in Hong Kong on October 10, 2019. (Photo by PHILIP FONG/AFP via Getty Images) AFP via Getty Images In the world of sin taxes, chemical taxes tend to fly under the radar. They aren’t
The terrace and the view of this extraordinary New York home. Denis Vlasov for Sotheby’s International Realty Broadway icons Phyllis Newman and Adolph Green lived at the Beresford at 211 Central Park West for nearly six decades. Green, a multiple Tony-Award winning lyricist and book writer, wrote the iconic film Singin’ In The Rain; Newman was
Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. The company
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