Supply chains everywhere have been hit by massive disruptions this year, from container shortages to floods and Covid infections setting off port closures. The energy crises in mainland China and Europe are the latest to roil shipping. Capital Economics noted that the number of ships waiting outside Chinese ports have jumped again in recent weeks,
Month: October 2021
Traders work the floor of the New York Stock Exchange. NYSE Stock futures edged lower Sunday night after finishing near the flat line Friday after investors shook off concerns about a much weaker-than-expected labor market report released on Friday. Dow Jones Industrial Average futures fell 33 points, or 0.08%. S&P 500 and Nasdaq 100 futures
For decades, adults have increasingly shunned the idea of tying the knot. Although more people are cohabitating, it has not been enough to offset the steady decline in marriage, leaving more people uncoupled overall, according to a recent Pew Research Center analysis of the latest census data. Now, a record number of adults between the
Today’s column addresses questions about how divorced spousal benefits are calculated, how state pensions can affect spousal benefits and whether COLAs apply to widow’s benefits taken years after the record holder’s death. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask
In this article LUV A Southwest Airlines Boeing 737 MAX 8 aircraft is pictured in front of United Airlines planes, including Boeing 737 MAX 9 models, at William P. Hobby Airport in Houston, Texas, March 18, 2019. Loren Elliott | Reuters Southwest Airlines canceled more than 1,000 flights, 27% of its schedule, on Sunday as
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
McBride Inlet in Alaska’s Glacier Bay National Park, which ParkSleepFly rated as America’s most underrated national park. Andrew Peacock | Stone | Getty Images Ever since Covid-19 first made social distancing a thing, Americans looking to escape lockdown boredom and work-from-home isolation have sought out open spaces at the country’s 63 national parks — and
Financial planning has struggled to emerge as a true profession. This is in part because some of the most powerful voices in financial services would still rather relegate the practice as a means to the end of product sales rather than advice as an end unto itself. Indeed, with the financial services industry cited as
The good news: The Internal Revenue Service says it’s on track to dig out of the pandemic-related backlog of tax year 2020 returns by year end 2021—just in time for the 2022 tax filing season to kick off. The bad news: Millions of taxpayers are still waiting for refunds and/or struggling to understand IRS notices
In this article SAVE A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Spirit Airlines‘ CEO Ted Christie on Friday told staff to get inoculated against Covid-19 ahead of forthcoming federal vaccine mandates for large companies. President Joe Biden last month said the government
Lael Brainard, governor of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, on Monday, Sept. 27, 2021. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Lael Brainard‘s increased influence ahead likely means substantial changes and challenges for the nation’s banking system. Considered a
@lelia_milaya via Twenty20 In the last few months, millions of American families with eligible children have received the first half of six advance child tax credit payments. For those who are eligible but haven’t yet signed up, generally because they don’t traditionally file a tax return, time is running out to claim the advance payments.
In late September, Chicago Mayor Lori Lightfoot delivered her 2022 budget address to the City Council. It was filled with a long list of new spending programs, including $400 million for community safety/violence reduction plans, $52 million for increased mental health services, $240 million for subsidized housing programs, $20 million for artists, and the list
Kent Hovind’s half-billion dollar lawsuit against the United States and various individuals implicated in his nearly decade long imprisonment appears to be totally done. But that’s currently the least of his legal problems. On September 21, Judge Clinton Hyde of District Court of Conecuh County Alabama found Hovind guilty of third degree domestic assault against Cindi Lincoln,
An architecturally sensitive top-to-bottom renovation has a brought a Midcentury Modern classic in Beverly Hills stylishly into the 21st century. The 1957 single-story was originally designed by Alfred T. Wilkes, whose homes can be found in such Los Angeles area locales as Bel-Air, Hancock Park and Holmby Hills. Located at 1027 Cove Way, it’s now
Lev Radin | LightRocket | Getty Images An emergency landing at LaGuardia Airport triggered a significant response from fire and police units Saturday afternoon. The Federal Aviation Administration confirmed Republic Airlines Flight 4817 landed safely at the Queens airport around 3 p.m. following a “security incident.” All passengers made it safely off the plane, the
Top analyst Mike Mayo believes Wall Street is underestimating financials ahead of earnings season. Mayo, who follows large-cap banks for Wells Fargo Securities, suggests investors haven’t fully acknowledged the benefits associated with the booming stock market — from merger to wealth management fees. “It’s bull market banking,” the firm’s managing director told CNBC’s “Trading Nation”
Before the dawn of private jets and business class flights, royalty and high society members traveled through Europe onboard luxury trains. Now anyone can do it — if they are willing and able to spend £1,700 ($2,300) for a one-night trip. That’s the starting rate to go from Florence to Paris aboard the Venice Simplon-Orient-Express,
PeopleImages | E+ | Getty Images American families grappling with the cost of higher education may consider a 529 college savings plan to lessen the financial burden. But there are several things to weigh when picking a plan. A 529 plan is an investment account offering tax-free growth, as long as the beneficiary uses the money for
The Cambridge Dictionary defines a museum as “a building where objects of historical, scientific or artistic interest are kept.” While Santa Fe’s Museum Hill may not be an individual building, the streets and structures that make up this cultural hub are certainly a display of rich and expressive history. Located in Eastside, Santa Fe’s original
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