kali9 | E+ | Getty Images It’s not uncommon for retired homeowners to want to relocate or downsize. Yet if the move involves buying a house and financing that purchase, they may discover that qualifying for a mortgage is a bit different from the last time they bought a home. Not only have lenders tightened
Month: September 2020
A federal coronavirus small-business loan program has helped millions of companies stay afloat during the pandemic, but may have also sunk billions of dollars on “fraud, waste, and abuse,” House Democrats said Tuesday. The conclusion from majority staff on the House coronavirus subcommittee came in a new report on the Paycheck Protection Program, a key
getty Yes, the Netherlands! Some time ago (almost exactly a year ago, in fact), I started researching what eldercare looks like in other countries, and had put this article together but waited to publish it until I could provide a series of such articles. At the time, my interest was in eldercare per se, and
Economic Security Planning, Inc. Today’s column addresses questions about whether survivor’s benefits can be claimed after taking retirement benefits, retirement benefits before spousal benefits and selling land while receiving Social Security disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
In Orlando, Baldwin Park rentals as they looked while under construction. Private entrances and … [+] separate garages allow more physical distancing. Generous balconies are in greater demand in a time when fresh outdoor air is desired more than ever. Photo courtesy of Torti Gallas and Partners I recently overheard a developer lament, “amenities used
Medical staff attends to a patient suffering from the coronavirus disease (COVID-19) in the Intensive Care Unit (ICU), at Scripps Mercy Hospital in Chula Vista, California, May 12, 2020. Lucy Nicholson | Reuters Coronavirus cases are rising across more than half of the nation even as the outbreak slows across former hotspots in Arizona, Florida,
The Dow is coming off its best August since “Ghostbusters” dominated the Billboard’s top 100 list 36 years ago. But it’s the next four weeks that could give investors a scare. Ally Invest’s Lindsey Bell predicts volatility will make a big comeback due to seasonal trends combined with rising uncertainty. “In September, you usually see
paul mansfield photography | Moment | Getty Images It’s officially the last day to return that mandatory distribution out of your retirement account and trim your tax bill. The CARES Act, the coronavirus relief act that went into effect this spring, allowed retirement account holders to skip their required minimum distribution for this year. Those
Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) on May … [+] 26, 2020 on Wall Street in New York City. – Global stock markets climbed Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as
Barbed wire dividing a old weathered and ripped dollar bill getty Francine J. Lipman, a law professor at the University of Nevada, Las Vegas, talks with Darrick Hamilton, a stratification economist and the New School’s incoming Henry Cohen Professor of Economics and Urban Policy, about the intersection of U.S. tax policy and racial wealth inequality.
Biden mentions wellness design program for low income seniors in campaign speech about community and … [+] healthcare. (Photo by Mark Makela/Getty Images) Getty Images It’s rare that wellness design, the growing practice of creating built spaces that support the well-being of their occupants, shows up in presidential campaigns, but it made an appearance in
Peter Navarro, director of the National Trade Council, speaks to members of the media outside the White House in Washington, D.C., on Friday, Aug. 28, 2020. Stefani Reynolds | Sipa | Bloomberg | Getty Images A House oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro after the
Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, celebrates during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom Video Communications shares rose as much as 9% in extended trading on Monday after the
An employee works on the production line of lithium battery at a factory of Tianneng Battery Group Co., Ltd on July 20, 2020 in Changxing County, Zhejiang Province of China. Tan Yunfeng | Visual China Group | Getty Images China will likely become the world’s largest economy in a few years and it is preparing itself for
The coronavirus pandemic has uprooted most aspects of daily life. But some entrepreneurs are finding opportunities in crisis by sowing the seeds for a new future. CNBC Make It’s Karen Gilchrist speaks to three Singaporean start-ups to discover how their businesses are shaping a post-pandemic world. 07:36 Sun, Aug 30 20208:20 PM EDT
Apple split its stock on Monday. FREDERIC J. BROWN | AFP | Getty Images Two of the most valuable and popular public companies – Apple and Tesla – completed stock splits on Monday. Wondering what that entails? And what, if anything, it means for your investments? Let’s start with how the process of a corporate stock
Lori Lightfoot, mayor of Chicago, speaks after being sworn in during an inauguration ceremony in … [+] Chicago, Illinois, U.S., on Monday, May 20, 2019. Chicago makes history Monday as Lightfoot becomes its first black, female mayor after sweeping all 50 wards by promising to reform the third-biggest U.S city. Photographer: Daniel Acker/Bloomberg © 2019
A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D … [+] illustration. getty The Justice Department has announced action against two hacks of virtual currency exchanges by North Korean actors. According to court documents, the actors stole millions of dollars’ worth of cryptocurrency and laundered the funds through Chinese
Small Cap write on sticky notes isolated on Office Desk. Stock market concept getty Publicly traded small-cap companies of any kind – real estate investment trust or otherwise – might not seem like your cup of tea at the moment. If that’s the case, it’s understandable. More than understandable, in fact, considering how this year