MBPROJEKT_Maciej_Bledowski | iStock | Getty Images For retirees searching for investment income and protection from inflation, one solution may be real estate investment trusts. REITs, as they’re called, are companies that own and/or operate properties like office buildings, shopping malls, apartment complexes and warehouses. While they do come with more risk than some other income-producing
Month: December 2021
Ohio is one of the few states in the country that does not have a state “false claims” law modeled after the federal “qui tam” law. A long-overdue clean-up of all the state pensions may be coming if Wall Street vendors to the public pensions can finally be prosecuted under state law for fraud.
Getting major tax legislation across the finish line and onto the president’s desk has never been a particularly neat and tidy process, but even in that context, 2021 presented an unusual case. With Democrats in control of the House, Senate, and White House, the year started off looking promising for tax reform. And there were some big achievements,
The pandemic ignited a home-buying frenzy as the decade-long housing shortage converged with historically-low mortgage rates, shifting workplace dynamics and new opportunities for young buyers to pursue their first homes. As we near the end of 2021, here’s a look at the expectations of real estate experts for 2022. Danielle Hale, Realtor.com chief economist: We
U.K. Prime Minister Boris Johnson leaves Downing Street to attend Prime Ministers Questions at the Houses of Parliament on July 7, 2021 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson confirmed Monday that at least one patient infected with the new omicron variant
Take a look at some of the biggest movers in the premarket: Harley-Davidson (HOG) – The motorcycle maker’s stock surged 11.7% in the premarket after it announced that it is merging its “Livewire” electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade
This $23.5 million mansion in Kauai recently sold to guitarist Carlos Santana. PanaViz Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes valued at $3 million
Employers are feeling particularly generous this season. After a year of unprecedented workloads amid a job market that’s increasingly competitive across nearly every industry, twice as many employers are offering their employees year-end bonuses, compared to last year. Google said it will give all employees, even interns, a one-time cash bonus of $1,600, while Tyson Foods
It was a good year for China’s richest 100 on the Forbes China Rich List unveiled in November. Overall, China’s 100 Richest saw their collective net worth rise to $1.48 trillion from $1.33 trillion a year earlier. Mainland China is second only to the United States in its number of billionaires. What’s next for this powerful group?
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs in a comprehensive way. The crypto community was outraged when the measures were first proposed, and pushed back hard. Those efforts resulted in some narrowing, but the provisions were enacted anyway. Some people are still talking about a repeal effort, but that
The Hazelton is a Toronto landmark set within the fashionable shopping hub, business district and residential area of Yorkville. The five-star low-rise hotel offers the requisite fine dining, upscale rooms and amenities, but also houses a variety of stylish residences for ownership. This 4,240-square-foot view home designed by Colette Van De Thillart combines European elegance
Max Verstappen of the Netherlands driving the (33) Red Bull Racing RB16B Honda on track during the F1 Grand Prix of France at Circuit Paul Ricard on June 20, 2021 in Le Castellet, France. Bryn Lennon | Formula 1 | Getty Images Max Verstappen has become Formula 1 world champion for the first time after
ST PETERSBURG, RUSSIA – JUNE 6, 2019: China’s Persident Xi Jinping (L) and Russia’s President Vladimir Putin shake hands at a ceremony at St Petersburg University in which Xi Jinping was awarded St Petersburg University honorary doctoral degree. Alexei Nikolsky | TASS | Getty Images BEIJING — Chinese President Xi Jinping is set to meet
Ines Fraile | iStock | Getty Images Over the course of the pandemic, most people’s office clothes hung in their closets, untouched. Now, with many companies announcing that they’re going fully remote post-Covid, or requiring employees to come in only a few days a week, much of that clothing may become permanently irrelevant for you.
In this article PTON Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton wants users to know its at-home fitness equipment can improve one’s physical health — not lead to health complications, which was implied in the reboot of “Sex and
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Stock futures held steady in overnight trading Sunday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by
The amount of student loan debt in the United States is $1.8 trillion dollars — and counting. The price to get an education has never been more expensive. The student loan crisis has affected a lot of students but statistics show that it disproportionately affects the Latinx community. Around 72% of Latinx students take out
Today’s Social Security column addresses questions about what affect stopping work at 65 before filing at 67 would have on benefit rates, how to acquire more quarters of coverage to qualify for benefits and how early you can submit your application before actually beginning to receive benefits. Larry Kotlikoff is a Professor of Economics at
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., on Wednesday, Dec. 1, 2021. Jim Lo Scalzo | EPA | Bloomberg | Getty Images Covid booster shots are “optimal care” as the
A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters LONDON — Stock picking is going to be more important for investors than macroeconomic themes in 2022, according to BlackRock‘s Nigel Bolton. Markets continue to grind higher against a backdrop of uncertainty, and developments on the Covid-19 front, global
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