Suspended in a place and time when old money was new is a luxury compound along the elite Upper St. Regis Lake in New York that is going up for auction. Known as Camp Limberlost, the storied and iconic property valued at $10 million will be sold by Platinum Luxury Auctions on August 14 without reserve, meaning the
Month: August 2021
Dr. Celine Gounder, an epidemiologist who advised the Biden administration, underscored the importance of having a vaccinated workforce as employers consider returning to the office. “If you’re able to get your workforce vaccinated, I think it’s a completely different calculation than if you’re not,” Gounder said Monday evening in an interview on CNBC’s “The News
In this article .STI OCBC-SG UOBH-SG DBSM-SG Aerial view of Singapore’s central business district and bayfront area. BNBB Studio | Moment | Getty Images SINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments. Oversea-Chinese Banking Corp and United Overseas
In this article MSFT Bill and Melinda French Gates Chris Ratcliffe | Bloomberg | Getty Images Microsoft Co-Founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday filing with the King County Superior Court of Washington made the move official, three months after the couple announced their plan
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
David Paul Morris | Bloomberg | Getty Images Most individual investors — 67% — think they have a responsibility to put money toward companies that have a positive impact on the world, new research shows. That doesn’t mean they are necessarily acting on the sentiment. While more than half (51%) of retail investors avoid investing
Bill Oxford | iStock | Getty Images Although the national ban on evictions is now over, a number of states have issued their own protections for renters that will last for months more. These local policies can buy tenants time to get approved for federal rental assistance and help them to stay in their homes.
Conventional wisdom says that the reason for public sector pension plans’ poor track record on funding levels is that benefit levels are simply too high, causing politicians to kick the can down the road perpetually. In Illinois, for example, “Tier 1” teachers can retire at any age, after 35 years of service, without any reduction
The Senate’s infrastructure bill is out, and as expected, it includes tax information reporting on cryptocurrencies. What will this mean for the digital currency industry? And why has Congress suddenly decided to require this information reporting? Let’s answer the second question first: $28 billion. That’s the estimate of how much the proposed reporting requirements might
Almost every real estate agent across the country has the same complaint right now: There’s not enough to sell. The boom of activity we saw last year has slowed down to a screeching halt, and now there are only limited numbers of houses on the market—with far more competition. So, what does that mean for
Cullen Veasley, 17, receives his second dose of the coronavirus disease (COVID-19) vaccine at a mobile pop-up vaccination clinic hosted by the Detroit Health Department with the Detroit Public Schools Community District at Renaissance High School in Detroit, Michigan, July 26, 2021. Emily Elconin | Reuters Seventy percent of U.S. adults have had at least
Samuel Corum | Getty Images News | Getty Images States’ early withdrawals from federal unemployment programs in recent weeks are helping Senate lawmakers finance upgrades to the nation’s infrastructure, according to legislative text unveiled Sunday. Twenty-six states, largely Republican, have pulled out of pandemic-era programs since mid-June. The American Rescue Plan offered federal unemployment assistance
While there is a slew of professionals athletes who have ventured into cryptocurrency from Tom Brady to Saquon Barkley in recent months, NBA legend Charles Barkley isn’t biting. “My people do not believe in crypto,” Barkley tells CNBC Make It. “I got a couple of financial guys. One of them said, ‘If ever put you
Getty Images As inflation pushes prices on everything from food to gasoline higher, your emergency cash could be in danger of losing value. Persistently low interest rates likely will not keep pace with surging costs. Rapid inflation may continue for several months, Treasury Secretary Janet Yellen said in a recent interview, while other experts see
pcess609 If nothing changes, the federal government’s break from payments for student loan borrowers will come to an end next month. For the first time since March 2020, when the coronavirus pandemic hit the U.S. and crippled the economy, millions of borrowers will have to resume paying their monthly bills. The typical federal student loan
Last week, The Washington Post lifted up a national priority — closing the retirement wealth gap in the U.S. But WaPo pulled its punches. The urgency to help the millions of middle class Americans who will be poor in retirement could cause political instability and invite backlash. Too few Americans have a direct stake in national economic
As the cryptoasset industry awaits a much-discussed European Commission proposal that would extend EU tax reporting rules to cryptoassets and e-money, at least one tax-tech startup is courting investors in anticipation. Austria-based Blockpit is one of a growing number of companies providing automated tax calculations for cryptocurrency trades, income generated from staking, and other crypto-related activities. The
President, Brown Harris Stevens Development Marketing. Specialzing in the pre-development planning, marketing and sale of new developments. New York City’s new development sales market has rebounded fast and furiously, quieting naysayers who lamented that the city was doomed for a slow and painful recovery. In contrast, our firm’s data show that Manhattan’s 2021 new development sales
Traffic jam on Delhi-Meerut Expressway, on July 29, 2021 in Ghaziabad, India. Sakib Ali | Hindustan Times | Getty Images India’s chief economic advisor Krishnamurthy Subramanian hit back at the International Monetary Fund for downgrading the country’s growth projection, saying it’s “significantly off the mark.” The IMF last week cut India’s growth outlook to 9.5%
In this article HSBA-GB Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC is scheduled to release its financial report card for the first half of 2021 at 12 noon Hong Kong/Singapore time on Monday. Analysts