Ultra-high net worth real estate has long been full of hot shots, narcissists, and bravado. In turn, unscripted reality shows like Bravo’s “Million Dollar Listing” and Netflix’s “Selling Sunset” have minted ratings and superstars out of realtors and developers, many of whom were just scrapping to get a listing or a loan a few years
Month: January 2023
Senator Katie Muth, a Board Member for the $40 billion Pennsylvania State Employees’ Retirement System (PSERS) will never forget the first meeting of the pension board she attended and the ESG presentation she heard which included cryptocurrency as a solution for the un-banked in African countries. “I was really looking forward to the ESG presentation
What’s a paragraph worth in a thousand pages of Congressional legislation? Quite possibly, your ability to save thousands of dollars more in your company’s retirement plan. The news regarding SECURE 2.0 broke earlier this week from the National Association of Plan Advisors (NAPA) when a staffer at the American Retirement Association discovered a major glitch
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Baltimore, Maryland, December 27, 2022. Michael McCoy | Reuters Southwest CEO Bob Jordan’s message, after a holiday
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. Carina Johansen | NTB | via Reuters Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 4% after hours. Here
In this article CVX CSX LEVI NOW LVS IBM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell.
Bill Gates says some of the world’s governments have handled the spread of Covid-19 better than others, but the billionaire won’t give any country a perfect mark. “I wouldn’t say any country got it totally right,” Gates said in a recent interview at the Lowy Institute, a think tank in Sydney, Australia, adding: “Nobody …
Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. Jenny Anderson | WireImage | Getty Images An unexpected bill is never convenient. But there are even more reasons now that an unforeseen event — such as a car repair or medical expense — could put Americans on unstable financial footing.
Has SECURE 2.0 been over-hyped? Or will it prove to be a game-changer? Financial professionals are split on the issue. But there’s one thing for sure: in some cases, the blunt force of reality may dampen the enthusiasm of the headlines. You can’t escape it. Everywhere you look, you find prognosticators predicting the best of
Our economic attention currently is fixed on national policy, with growing risks from a debt limit deadlock and debates over inflation versus recession. But economic prosperity also depends on state, regional, and local policy, and now there’s a free guide to some of the best thinking in the field in the newest edition of the
The Biden-Harris administration announced a comprehensive call-to-action today that’s aimed at easing the burden of housing costs and improving the quality of life for renters, including new actions to increase fairness in the rental market and further principles of fair housing. These actions align with a new Blueprint for a Renters Bill of Rights, which
A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Inflation may be cooling. But, for most Americans, the price of a cup of coffee or a bag of groceries hasn’t budged. In the months
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines and aircraft manufacturers have benefited from a sharp recovery in air travel, one of the
Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according to financials that had previously been redacted but were mistakenly uploaded on Tuesday without the redactions. BlockFi’s exposure to FTX was greater than prior disclosures suggested. The company filed for Chapter 11 bankruptcy protection in
Maskot | Maskot | Getty Images Getting a $7,500 tax break for the purchase of a new electric vehicle will likely get harder in a few months — meaning prospective buyers who want the financial incentive may wish to speed up their timeline. The Inflation Reduction Act, a historic climate law President Biden signed
Lifestylevisuals | E+ | Getty Images It may come as no surprise that among millennials who have intended to buy a house this year, 92% said in a recent survey that inflation has impacted their goal. Yet most of them aren’t letting it serve as a roadblock, according to the survey from Real Estate Witch,
The Secure Act 2.0 just upended retirement planning…again. The age when retirees must begin drawing from non-Roth retirement accounts increases to 73 in 2023, then 75 in 2033. Individuals who have already started RMDs can’t stop. Raising the age when withdrawals must begin is great as it gives investors more planning opportunities. However, it doesn’t
Tax planning is a major part of owning and running a successful business. The meals and entertainment tax deductions have been a valuable way for many small business owners to reduce their tax liabilities each year. Sadly, the value of the meal deduction will be cut in half for 2023 from the 2022 deduction levels.
In a recent story, we examined the average rent in Chicago and how it’s changed over time. In that analysis, we found that Chicago’s average rent had reached its highest point ever. Now, we’re turning to the average rent in Boston, and it too has reached historic heights in late 2022. Evaluating data sourced from
In this article FOXA NWSA Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Rupert Murdoch has withdrawn his
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