Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September 27, 2019. Mark Kauzlarich | Reuters BEIJING — The U.S. should reduce its “interference” in China’s domestic affairs and development in order to improve relations
Month: December 2020
From the marinas of Monaco to the slopes of Aspen, it’s no secret where the wealthy like to go on holiday. But where they stay is more of a mystery. Rental homes offer space and privacy, while luxury hotels come with “as you wish” service staff willing to bend over backward to keep wealthy clientele
getty Happiness, experts say, is U-shaped: we are, generally speaking, we are happy/full of life satisfaction as young adults but, as we reach middle age, we become less satisfied, with a trough in one’s early 50s; from this trough we rebound to every-increasing satisfaction levels as we age. It’s remarkable, really, considering the physical infirmities
Voluspa scented candles for sale at Bloomingdale’s Inc. flagship department store in New York, U.S., on Wednesday, Oct. 21, 2020. Nina Westervelt | Bloomberg | Getty Images Perfume and cologne are typically popular holiday gifts. This year, however, the beauty industry is getting a boost from a different kind of fragrance: Home scents. The reason?
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Sunday night following a record-setting session as Wall Street searched for clues on additional fiscal aid. Dow Jones Industrial Average futures traded higher by 50 points, or 0.2%. S&P 500 climbed 0.2%, and Nasdaq 100 futures advanced 0.3%.
Economic Security Planning, Inc. Today’s column addresses questions about breakeven analysis and delaying filing, eligibility for divorced spousal benefits, suspending disability benefits at full retirement age and spousal benefit combined with foreign pensions. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
Roth IRA vs Traditional IRA Getty The year 2020 is one of the most eventful in recent times, and changes to the rules that govern retirement accounts are no exception. One of these changes is the waiver of required minimum distributions (RMDs) for 2020. As a result of this waiver, you are not required to
After more than five years of living in the Santa Monica Mountains, English singer-songwriter Liam Payne is ready to pull up stakes. Payne, who gained fame as a member of the superstar boy band One Direction, is selling his sprawling estate in the hills above Malibu for $10.75 million. Jonah Wilson of Beverly Hills-based brokerage
Family and friends place Humberto Rosales casket, who passed away from Covid-19 complications, at his gravesite at Memorial Pines Cemetery in Santa Teresa, New Mexico, on December 3, 2020. Paul Ratje | AFP | Getty Images The Centers for Disease Control and Prevention quietly revised its estimates for the disproportionately deadly toll that Covid-19 is
Zoom founder Eric Yuan poses with members of his company in front of the Nasdaq building in New York as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019. Kena Betancur | Getty Images As the year winds down, the stock market continues to
Caíque de Abreu | E+ | Getty Images As many newlyweds discover, there’s a lot of sharing that goes on in a marriage. Including your taxes. If you tied the knot this year (or plan to do so in December), it may be worthwhile checking out what your new status will mean for your 2020
Vice President of Acquisitions at Fisher Brothers. getty With the continued focus on green development, there is potential for a new trend in New York City: the ushering in of a new phase for development by incentivizing the private market to build more green properties. Supporting this predictive shift is the technological enhancements making the industry
World Health Organization Director-General Tedros Adhanom Ghebreyesus R speaks at a daily briefing in Geneva, Switzerland. Chen Junxia | Xinhua News Agency | Getty Images World Health Organization officials on Friday warned that recent data suggests that, though it is rare, people who were once infected with the coronavirus could be infected again as their
Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines after the bell: DocuSign — Shares of DocuSign popped more than 6% after the electronic-documents company posted better-than-expected
It’s the end of an era in Beverly Hills, where Priscilla Presley has sold her home for $13 million. Sale of the actress and former wife of Rock ‘n’ Roll legend Elvis Presley’s estate had been in the cards since this summer when the property hit the market for $16 million. Jonah Wilson of Beverly
A McDonald’s Happy Meal. Emile Wamsteker | Bloomberg | Getty Images McDonald’s plans to pass along more fees to franchisees next year, risking the wrath of its U.S. operators. Starting in January, the fast-food chain will stop paying out a $300 subsidy per month at each restaurant for Happy Meals, according to a memo from
Check out the companies making headlines before the bell Thursday: Ollie’s Bargain Outlet (OLLI) — Shares of the retailer slid more than 11% following commentary around a slowdown in the company’s fourth-quarter trends. “Quarter-to-date, our comparable-store sales increases are tracking in the low single-digits,” CEO John Swygert said in a statement. Goldman Sachs downgraded the
Recently, there has been much debate about whether billionaires should exist, an idea popularized by Congresswoman Alexandria Ocasio-Cortez. But to former Alphabet executive chairman and investor Eric Schmidt, who is worth more than $17 billion, the idea that extreme wealth is a moral failure is reductive. “We would probably all be better off spending more
If Senate Majority Leader Mitch McConnell, R-Ky., has his way, parents will have a lot more flexibility when it comes to covering the extra expenses that have gone hand in hand with distance learning. McConnell’s proposal for pandemic relief would allow parents of K-12 students at public or private schools to use 529 college savings funds
Big Brother style camera over the entrance to the United States Tax Court getty Nothing like packing several issues into one decision. That’s what we have in the Duffy case. Since the Tax Court will not be issuing any opinions until after Christmas I decided to look at the court’s top hits for 2020. I reached out
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