Dry cracked earth is visible along the banks of Phoenix Lake on April 21, 2021 in Ross, California. Justin Sullivan | Getty Images LONDON — Major companies from across a range of sectors are increasingly concerned about the cost and availability of the world’s ultimate renewable resource: water. The availability and relatively low cost of
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A longtime market bull sees an under-the-radar trend that should calm runaway inflation fears, and it has nothing to do with Federal Reserve policy. According to The Leuthold Group’s Jim Paulsen, private money coming from individuals and companies has been acting as a “very encouraging” market mechanism to help curb inflation. “We make decisions about
Oxford | Getty Images Your emergency savings could be in danger of losing value due to one thing: inflation. Costs are rising on everything from gasoline, which has jumped 20% during the pandemic, to bacon, which is up 18.7%. Meanwhile, persistently low interest rates mean it’s tougher to earn a return on your cash and
If you’ve watched your parents or older relatives age into their final years, you might have witnessed a decline in their ability to manage their money. As they got older, they became more vulnerable to financial losses due to making mistakes, exploitation by unethical family or friends, or financial fraud. Substantial research confirms this risk.
This is the time of year when your love for fried chicken clashes most acutely with your love for pool time and fun summer selfies. Air frying can potentially help. As Linda Larsen, author of the Complete Air Fryer Cookbook, explains in its opening pages: “Air frying is better for your health. In fact, most
In this article EZJ-GB Johan Lundgren, CEO of British airline EasyJet, is urging the U.K. government to further ease restrictions on European travel due to progress on vaccination rates. “We never anticipated it was going to be, you know, a straightforward recovery. We always knew there was going to be bumps along the way,” Lundgren said
U.S. stock index futures were little changed during overnight trading on Monday, after the S&P 500 and Nasdaq Composite closed at record highs. Futures contracts tied to the Dow Jones Industrial Average were flat. S&P 500 futures were also flat, while Nasdaq 100 futures dipped 0.1%. Stocks rose to new highs during regular trading on
High earners in high tax states cheered the news last week that Sen. Bernie Sanders included relief from the state and local tax cap in his budget. But the numbers suggest Sanders is only considering a partial reduction in the cap. And the latest proposal being discussed in Congress would do little to help the
Getty Images Some part-time workers who stay on the job may get faster access to their company’s 401(k) plan. As part of retirement legislation pending in Congress, workers who book between 500 and 999 hours for two consecutive years would generally be eligible for their employer’s plan. That would be a reduction from the current
Most estate planning lawyers are conscientious and do their jobs as expected. But some seem to forget that in the real world all family members don’t get along so well. A mistake we keep seeing at AgingParents.com, where we offer advice to families with elders is that lawyers put disconnected and even hostile adult children
by Tax Notes State Commentary Editor Doug Sheppard Growing up in a rural area of eastern Jamaica in the 1980s, the culinarily inclined Denvil Duncan dreamed of becoming an executive chef on a cruise ship. ADVERTISEMENT Inspired by a cousin who worked in that capacity on the luxurious barges that pulled into Jamaican ports, Duncan saw a future in the
You know the saying: First comes love, then comes marriage, then comes a… mortgage? As much as we’d like to have it all—all at once—most young couples can’t afford both a big, splashy wedding and a down payment on a home. When forced to choose between the two, weddings used to win; But all that
The U.S. is “never going to have zero” new daily Covid cases, Dr. Scott Gottlieb told CNBC on Monday. “We’re always going to have some level of spread,” the former FDA chief said, predicting infections will become endemic, meaning they will remain present in the American population. Seasonal flu, for example, is an endemic respiratory illness.
In this article UBSG-CH FABRICE COFFRINI | AFP | Getty Images UBS is planning to let up to two-thirds of its employees permanently combine working remotely with being in the office, in stark contrast to some Wall Street banks. A spokesperson for the Swiss investment bank said it was “committed to offering our employees the
The Covid-19 pandemic and economic shock that followed has made it more difficult for many parents and students to afford college. Yet even fewer families applied for financial aid this year. The Free Application for Federal Student Aid, or FAFSA, serves as the gateway to all federal aid money, including loans, work-study and grants, which are the most
Climate change is a huge challenge globally. The Society of Actuaries (SOA) conducts research on a wide variety of risks and their impact on retirement planning for various stakeholders. Two recent SOA research projects that focused on households and on big societal issues include Financial Perspectives on Aging and Retirement Across the Generations and The 14th Annual Survey
Legal disputes come in all shapes and sizes, and there are almost always tax issues that face plaintiffs, defendants, or both. Plaintiffs receiving money worry if and how it is taxable, and whether they can deduct their attorney fees. Even without the complex rules governing qualified pension and retirement plans, the tax treatment of a
Over the years, Oakland, Calif.’s identity has been shaped by many influences, from art and music to activism. Today, housing is helping herald a new identity for the Bay Area city that too often has taken a back seat to San Jose and San Francisco. Some observers feel the place known as ”The Town”
A container ship docked at India’s Adani Port Special Economic Zone (APSEZ) in Mundra, India. Sam Panthaky | AFP | Getty Images India’s second wave of coronavirus outbreak will affect the country’s infrastructure firms to varying degrees, according to Moody’s Investors Service. Power companies and ports are expected to better withstand the impact of pandemic-led
In this article @ND.1 @DJ.1 @SP.1 A man walks past the charging bull statue near the New York Stock Exchange. Mandel Ngan | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening after the S&P 500 notched its best week since