Month: November 2021

Americans may be divided over the necessity and efficacy of gun control, but it is hard for anyone to deny that the healthcare costs for victims of gun violence are substantial. State and local governments must spend a significant amount of tax dollars for law enforcement, ambulance services, and more, which can cut deeply into
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Commercial real estate financing structures often include not only mortgage loans but also mezzanine loans. These latter loans are secured by pledges of ownership interests in the mortgage borrower. If the mezzanine loan defaults, the mezzanine lender can foreclose on the ownership interests in the mortgage borrower. Through that foreclosure, the mezzanine lender, or sometimes
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WATFORD, ENGLAND – NOVEMBER 20: Manchester United manager Ole Gunnar Solskjaer during the Premier League match between Watford and Manchester United at Vicarage Road on November 20, 2021 in Watford, England. Mark Leech/Offside | Offside | Getty Images United have confirmed Solskjaer’s assistant Michael Carrick will be placed in temporary charge, with the club also
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High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a hot favorite among institutional investors for the last few years. Also known as junk bonds, they are non-investment grade debt securities
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Millions of people have retired during the pandemic, but the option of older workers to retire is not equally shared across population groups. For every worker that has a choice to leave the labor force when job opportunities disappear, many other workers lack that opportunity. It often comes down to having enough savings to supplement
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Today’s Social Security column addresses questions about what effect not working in the years before filing might affect benefit amounts, switching from Social Security disability benefits to retirement benefits and on the process of starting spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security
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