Tourists at a water park on July 23, 2023 in Nanjing, China. Yang Bo | China News Service | Getty Images BEIJING — Instead of handing out cash, China is trying to make sure consumers and businesses spend where it matters economically. On Monday, the central government announced 20 measures to support tourism, as well
Month: August 2023
President Joe Biden has a rule for his staff members: If you don’t take time off to tend to your personal life, you might get fired. Biden delved into the rule — which he developed as a U.S. senator — on a recent episode of life coach and former monk Jay Shetty’s “On Purpose” podcast.
Artistgndphotography | E+ | Getty Images When it comes to retirement savings, the gap between the haves and the have-nots has widened, according to a new report from the Government Accountability Office. The median retirement account balance for high-income households was nine times that of middle-income households in 2019 — $605,000 compared with $64,300, respectively,
Luis Alvarez | Digitalvision | Getty Images The job market is cooling. Though it remains strong — and workers still have leverage — their power doesn’t seem to be as broad-based as it was earlier in the pandemic, say labor experts. These days, whether employees still enjoy considerable leverage — to find a new job
Mississippi, unfortunately, is perennially ranked as one of, if not the, poorest state in the United States. As of the latest data — the Census Bureau’s 2021 American Community Survey 5-Year Estimates — the median household income in the state of Mississippi was $49,111 — the lowest of any U.S. state. But that doesn’t mean
Greta Gerwig’s Barbie movie continued its record-breaking run this weekend, racking up an additional $131.5 million in global box office sales, raising its total take to over $774.5 million in just 12 days since the release. The level of success has surprised Hollywood. And while the economics of the movie industry is often impossible to
Contingent legal fees are customary in personal injury cases. Increasingly, they are the norm in employment lawsuits too. Indeed, the variety of cases in which contingent legal fees are common is still expanding. These days, even large law firms may handle some cases on contingency. So, how about paying your tax adviser a percentage of
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart is turning more parts of its stores into advertising opportunities. For example, brands can buy a spot on its self-checkout screens. Walmart One of Walmart‘s latest offerings at its SuperCenters isn’t a hot new toy, snack flavor or sundress. It’s advertising. Shoppers will soon
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter as travelers opt for destinations abroad and the
In this article GPS AEO BARC-GB COIN AAL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading. The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Toyota Motor — Shares rose 1.7%, hitting a
As one of the original sharks on ABC’s “Shark Tank,” Barbara Corcoran is used to negotiating when she wants to land a deal. And having that skill has also come in handy when it’s come time for Corcoran to buy a new home. In a video tour released on YouTube last week, the real estate
Bob and Terri Wood, of Mobile, Alabama, with their grandson. Courtesy: Bob Wood Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also
Downtown Los Angeles. TheCrimsonRibbon | Getty Images Americans are feeling the pinch from the high cost of single-family rentals, despite only slight year-over-year growth, according to a new report. Rental prices shot up during the pandemic. They are likely to remain high, with many Americans hesitant to purchase new homes amid soaring mortgage interest rates,
A home for sale in a sought-after private ski and golf community near Lake Tahoe hits all the right notes: the right lot, the right design and the right setting. It reflects a contemporary style that has been widely adopted in the community. The property at 9507 Wawona Court is located in Martis Camp, a
Back on July 18, the Equable Institute released the 2023 version of its annual State of Pensions report, which means that, yes, it’s time for another check-in on these infamously-poorly-funded pension plans. Among the wealth of tables is a list of the best and worst-funded of the 58 local pension plans studied, and, yes, you
Manal Corwin, the new director of the OECD’s Centre for Tax Policy and Administration, discusses her vision for the organization and the latest updates on the inclusive framework and two-pillar project. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: under new management. The
In this article PL Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Satellite-imagery and data-analysis company Planet is restructuring and laying off 117 employees, it announced on Tuesday. The layoffs affect about
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi addresses the audience during the keynote at the start an Uber products launch in San Francisco, California on September 26, 2019. Philip Pacheco | Afp | Getty Images Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results
In this article HSBA-GB Follow your favorite stocksCREATE FREE ACCOUNT An HSBC Holdings bank branch in Hong Kong on May 24, 2022. A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down after failing to build a commercially viable business. Bertha Wang | Bloomberg | Getty Images
U.S. President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt in the Roosevelt Room of the White House August 24, 2022 in Washington, DC. Alex Wong | Getty Images News | Getty Images The Biden administration has launched a beta application for its new repayment plan for student loan borrowers.