Grammy award-winning musician Billy Joel has called Oyster Bay, a hamlet on Long Island in New York, home since 2002. Now, the “Movin’ Out” crooner is saying goodbye to the property. The “Piano Man” singer recently listed the 26-acre property, known as Middlesea, for $49 million. First built in 1994, the property sits on 2,000
Month: May 2023
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago.
Chinese tech giant Tencent released quarterly results Wednesday. Nurphoto | Nurphoto | Getty Images Tencent reported an 11% jump in first-quarter revenue on Wednesday, marking the fastest growth in more than a year. Here’s how Tencent did in the first quarter, versus Refinitiv consensus estimates: Revenue: 150 billion Chinese yuan ($21.4 billion) vs. 146.09 billion yuan
In this article SNPS CSCO BOOT TTWO Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in extended trading. Take-Two Interactive Software — Shares jumped 8.1% Wednesday during after hours trading. The video game company reported $1.39 billion in adjusted revenue in the fiscal fourth quarter, topping analysts’ estimates of $1.34 billion,
Elon Musk is concerned about his eight children’s future careers — especially if his kids have to compete with artificial intelligence for their dream jobs. “How do we actually find fulfillment, how do we find meaning in life, if AI can do your job better than you can?” Musk wondered aloud in an interview with
Carla Gottgens | Bloomberg | Getty Images Americans are upbeat on gold and have soured on stocks — perhaps to their detriment. Twenty-six percent of Americans ranked gold as the best long-term investment in 2023, almost double the 15% who thought so in 2022, according to a recent Gallup poll. The share surpassed that of
Sen. Bernie Sanders, I-Vt., speaks at a press conference outside the U.S. Capitol Building on May 4 in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images For many Americans, a medical emergency can lead to a financial crisis due to the high cost of health care in the U.S. This week, Sen.
Perhaps you are familiar with sibling rivalry. It’s common, but when it surfaces in the face of managing an aging parent, sibling relationships can explode. Here’s a real life example: Jason and Jerry are brothers, just two years apart. Both have accomplished much in their professional lives. Jerry likes to be in control of things,
A default on the nation’s debt, if Congress is unable to raise the federal debt ceiling in coming weeks, would boost mortgage rates by at least two percentage points and cause a slump in home sales as costlier financing puts real estate beyond the reach of more Americans, according to Jeff Tucker, a Zillow senior
In this article PFE SGEN Follow your favorite stocksCREATE FREE ACCOUNT A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange, July 29, 2019. Brendan McDermid | Reuters Pfizer plans to raise $31 billion through a debt offering to fund its proposed acquisition of cancer drugmaker Seagen,
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A customer is seen in the parking lot of the Target store at the Paxton Towne Centre near Harrisburg. Paul Weaver | Lightrocket | Getty Images Target will report fiscal first-quarter earnings before the bell as pricier groceries, rising mortgage rates and summer vacations weigh
In this article TSLA EVGO KRE WAL Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Check out the companies making headlines in midday trading. Tesla — Shares rose 3.9% following the company’s annual shareholder meeting the previous day. CEO Elon Musk announced
Gen Zs and millennials are increasingly taking on second jobs as money concerns mount, a Deloitte survey says. Carlina Teteris | Getty Images Side hustles can be a way for people to do work they truly enjoy — but they can also be born out of necessity, with a growing number of young people taking
Jayme Thornton | Tooga Productions | Getty Images The IRS is testing a system that would allow taxpayers to file federal tax returns for free online directly with the agency, with a pilot program launching for some filers next year. Known as Direct File, the pilot program will begin during the 2024 filing season, following
Estate taxes aren’t a widespread concern today but will be if Congress changes the rules or lets the 2017 tax law expire at the end of 2025, as is currently scheduled to happen. A good way to reduce or eliminate estate taxes is to reduce the value of your estate by making tax-free gifts. Smart
The conventional term for someone like Brian Swanson is tax protester, which Wikipedia defines as someone who refuses to pay a tax claiming that the tax laws are unconstitutional or otherwise invalid. In 1998 Congress forbade IRS from designating people “illegal tax protesters”, but that does not prevent others including the courts from throwing the
Anecdotal evidence suggests upscale buyers are as interested in big city pieds-a-terre after the pandemic as they were before Covid’s arrival. The difference? Purchasers are tending to seek not customizable residences, but homes that feature turnkey living. The change may flow from Covid-era supply chain uncertainties lingering longer than expected. Buyers don’t want to wait
In this article TGT HD Follow your favorite stocksCREATE FREE ACCOUNT Target and The Home Depot store signage. Robyn Beck | AFP | Getty Images Home Depot and Target may sell very different kinds of merchandise. But the home improvement retailer’s slashed forecast could be seen as a warning sign for the cheap chic retailer.
Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini | AFP | Getty Images UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing,
With persistent inflation, an impasse on federal debt limit talks and a possible recession looming, many Americans are very concerned about the impact of this economic uncertainty on their finances and are confused when it comes to determining the right moves to make with their own money right now. About two-thirds of U.S. adults expect
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