Occupy Wall Street Over 200 millionaires are urging the elite echelons in attendance at this week’s World Economic Forum in Davos to “tackle extreme wealth” and “tax the ultra-rich” to help relieve the cost-of-living strain off ordinary households. The Patriotic Millionaires — self-described as “a group of high-net worth Americans who share a profound
Month: January 2023
Zachary Zirlin / Eyeem | Eyeem | Getty Images In a year of soaring inflation across the broad U.S. economy, some corners of the consumer market did the opposite: They deflated in price. The largest declines, on a percentage basis, were concentrated in categories like consumer electronics, beef, and cars and trucks, according to the
In response to public concerns, the McLean Citizens Association will host a virtual Public Informational Meeting to discuss two of the three Fairfax County Virginia pension funds’ cryptocurrency-related investments tomorrow. Fairfax County’s Retirement Systems Executive Director Jeff Weiler, who has publicly stated that cryptocurrency is “no different from any other investment” and the Chief Investment
Although the stock market had a rough year in 2022, many long-term investors still have substantial capital gains on their taxable investments. Many projections for 2023 point to some positive stock market returns. If nothing else, expect more volatility throughout the year. While often ignored, tax planning is part of being a good investor. Being
Nursery design styles have truly evolved in recent years. Today’s most lauded baby and children’s rooms are sophisticated with a style that often reflects the vibe of the rest of the home. When it comes to chic nursery design, there isn’t an interior designer whose work has taken off quite like that of Naomi Coe,
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the automaker said Tuesday. The vehicle also will be all-wheel drive, another first for the quintessential American sports car. The carmaker said the E-Ray, which GM first
In this article UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willingness to pay higher fares has helped airlines return to profitability despite higher costs for fuel, labor
FTX logo displayed on a phone screen is seen through the broken glass in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki/NurPhoto via Getty Images Bankrupt crypto firm FTX said on Tuesday that $415 million worth of crypto was hacked from the exchange’s accounts, representing a sizable portion of the
From catching Covid-19 to getting caught in a blizzard, traveling can be risky business these days. But just how risky often depends on the destination — and how you define the risks. Safest cities: people’s perceptions A report published by the U.K.-based insurance company William Russell ranked the “safest cities in the world,” according to
Silverkblack | Istock | Getty Images In the new student loan repayment plan proposal rolled out Jan. 10 by the Biden administration, more borrowers could see their monthly payments drop to $0. The new option revises one of the four existing income-driven repayment plans, which cap borrowers’ bills at a share of their discretionary income
No matter where you get your news, it’s hard to make it through a day without reading an article about the devastating shortage of hourly and front-line workers. They are missing in action from workplaces as varied as food service, airlines, home health, gyms, office staff, and senior care. Continually trying to find them, hire
Many House Republicans say they want to balance the federal budget in 10 years by cutting spending only. And they seem to have received a promise from newly-elected House Speaker Kevin McCarthy (R-CA) to bring such a plan to the floor for a vote sometime this year. I can’t wait to see what it looks
A lavish New York townhouse once owned by the late Ivana Trump is on the market for $26.5 million. Purchased for $2.5 million soon after her divorce from Donald Trump, the six-story, 8,725-square-foot home reflects Ivana’s big personality, her whimsical style and her passion for interior design with gold leaf, crystal chandeliers, pink marble and
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz David A. Grogan | CNBC Disney ripped Nelson Peltz and his bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Trian Fund Management, takes shape. Disney said in a securities filing Tuesday that
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters The six largest banks in the U.S. have until the end of July to show the impact that
Peter Cade | Stone | Getty Images Luxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three times faster than older generations over the next decade, according to a new report. Generation Y, also known as millennials, and Generation Z accounted for all of the luxury
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley CEO James Gorman said he’s more confident on the markets than the rest of Wall Street, seeing
sturti Even with broad availability of free checking services, more than a quarter of checking account holders — 27% — are paying fees every month. For consumers who aren’t taking advantage of free checking, those fees add up to an average of $24 per month, or $288 per year, according to a new survey from
Key takeaways Digital assets exchange Crypto.com has laid off 20% of its global workforce. The announcement is the latest in a long line of crypto companies downsizing operations, many citing FTX’s downfall as a key reason. It’s not all bad, as crypto regulation could be introduced and funding remains strong in the sector. We all
Many House Republicans say they want to balance the federal budget in 10 years by cutting spending only. And they seem to have received a promise from newly-elected House Speaker Kevin McCarthy (R-CA) to bring such a plan to the floor for a vote sometime this year. I can’t wait to see what it looks
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