Art handlers hang Claude Monet’s “Coin du bassin aux nymphas” at Sotheby’s on November 5, 2021 in New York City. Angela Weiss | AFP | Getty Images The fall art auctions in New York set an all-time record, as a surge in global wealth, growing inflation fears and the continued collectibles craze boosted demand and
Month: November 2021
eyecrave | E+ | Getty Images Teachers who have spent their own money on masks, hand sanitizer or other Covid-19 related supplies this year will get a little help come tax time. Those costs can be deducted with other eligible out-of-pocket expenses on 2021 taxes filed next year. Teachers have been able to deduct up
By Laura Carstensen, Next Avenue Demographers predict that as many as half of the children born in the developed world since 2000 will reach the age of 100 and beyond. Once a rare event, century-long lives will become commonplace by 2050. The near doubling of life expectancy presents a range of challenges — along with yet
As the holidays draw near, what do you think about, sugarplums, hot toddies, Eggnog? A visit to the tree lot, gifts, visits from relatives? Nope, you start fretting about those little IRS Forms 1099. These critical tax forms arrive in late January or early February and report how much you were paid in the prior
An owner live-work space, a family compound, a mixed-use investment property … the options are abundant at this four-unit contemporary near San Diego’s Balboa Park. Called Modern on Fifth, the owner-build project was constructed in 2017 and designed by Safdie Rabines Architects, which specializes in socially responsible architecture and urban planning. The three-story building has
In this article GPS Gap CEO Sonia Syngal on Tuesday defended the apparel retailer’s air freight investments, telling CNBC’s Jim Cramer the near-term profitability impacts were worth taking ahead of the crucial holiday shopping season. In a “Mad Money” interview after Gap’s disappointing quarterly results, Syngal said the company decided to take those costly transportation
In this article GPS A pedestrian walks by the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Gap Inc. shares tumbled Tuesday after the company slashed its full-year outlook, with fiscal third-quarter results falling short as Covid-related factory closures led to significant product delays in the
Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Tuesday night after tech shares sold off for the second day in a row, pressured by rising rates that gave a boost to
Theranos founder and former CEO Elizabeth Holmes along with her mother Noel Holmes (L) and partner Billy Evans arrive for her trial at the Robert F. Peckham Federal Building November 23, 2021 in San Jose, California. Ethan Swope | Getty Images SAN JOSE, CALIF. — In a stunning admission, Elizabeth Holmes acknowledged that she was
In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon
Brothers91 | E+ | Getty Images If you lack health insurance, it may not be as out of reach as you might think. An estimated 10 million individuals who are uninsured could qualify for financial help with private insurance through the public marketplace, according to research from the Kaiser Family Foundation. Another 7 million could
Having an emergency fund should be a cornerstone of household budgets. Experts commonly recommend you have at least three months of expenses in savings to handle unexpected setbacks. But how much money should you save to intentionally quit your job? That is a harder question to answer. For Tori Dunlap, founder of the woman-focused financial
By Wes Moss, Next Avenue A recent Next Avenue article and “Friends Talk Money” podcast episode shared one of the principles from my new book “What the Happiest Retirees Know: 10 Habits for a Healthy, Secure, and Joyful Life.” Specifically, they highlighted my discovery that the happiest retirees generally have at least $500,000 in liquid assets
On Friday, November 5, 2021, the House of Representatives passed H.R. 3684, otherwise known as the Infrastructure Investment and Jobs Act, with 228 votes in favor and 206 votes opposed. The bill passed the Senate in August and was signed by President Biden on November 15th. A great many employers are very concerned, as described
How bad is this nation’s homeless crisis? Two startling statistics bring it all home. Only 4 million housing units exist for the 10.8 million renter households with incomes below the poverty line or 30% of area median income (AMI). Seven in 10 of those households spend more than half their incomes on rent in the
U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Thursday, Oct. 14, 2021. Al Drago | Bloomberg | Getty Images The Biden administration on Tuesday asked a federal appeals court to immediately lift an order halting its Covid vaccine and testing requirements for private businesses, warning that delaying
In this article DKS Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Dick’s Sporting Goods on Tuesday reported fiscal third-quarter earnings and sales that outpaced analysts’ expectations, leading the sporting goods giant to hike its annual
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Online payments giant Stripe is still in no rush to go public, with co-founder John Collison telling CNBC the company is happy staying private for now. “We’re very happy as a private
Charlotte Hornets owner and Hall of Famer Michael Jordan reacts during the first half of their game against the New York Knicks at Spectrum Center on November 12, 2021 in Charlotte, North Carolina. Jared C. Tilton | Getty Images Michael Jordan has six NBA championship rings. He also likes watches. The five-time NBA most valuable
NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its
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