Getty Images As inflation pushes prices on everything from food to gasoline higher, your emergency cash could be in danger of losing value. Persistently low interest rates likely will not keep pace with surging costs. Rapid inflation may continue for several months, Treasury Secretary Janet Yellen said in a recent interview, while other experts see
pcess609 If nothing changes, the federal government’s break from payments for student loan borrowers will come to an end next month. For the first time since March 2020, when the coronavirus pandemic hit the U.S. and crippled the economy, millions of borrowers will have to resume paying their monthly bills. The typical federal student loan
Last week, The Washington Post lifted up a national priority — closing the retirement wealth gap in the U.S. But WaPo pulled its punches. The urgency to help the millions of middle class Americans who will be poor in retirement could cause political instability and invite backlash. Too few Americans have a direct stake in national economic
As the cryptoasset industry awaits a much-discussed European Commission proposal that would extend EU tax reporting rules to cryptoassets and e-money, at least one tax-tech startup is courting investors in anticipation. Austria-based Blockpit is one of a growing number of companies providing automated tax calculations for cryptocurrency trades, income generated from staking, and other crypto-related activities. The
President, Brown Harris Stevens Development Marketing. Specialzing in the pre-development planning, marketing and sale of new developments. New York City’s new development sales market has rebounded fast and furiously, quieting naysayers who lamented that the city was doomed for a slow and painful recovery. In contrast, our firm’s data show that Manhattan’s 2021 new development sales
Traffic jam on Delhi-Meerut Expressway, on July 29, 2021 in Ghaziabad, India. Sakib Ali | Hindustan Times | Getty Images India’s chief economic advisor Krishnamurthy Subramanian hit back at the International Monetary Fund for downgrading the country’s growth projection, saying it’s “significantly off the mark.” The IMF last week cut India’s growth outlook to 9.5%
In this article HSBA-GB Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC is scheduled to release its financial report card for the first half of 2021 at 12 noon Hong Kong/Singapore time on Monday. Analysts
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — Deliveries of what is essentially a hybrid electric car from U.S.-listed Li Auto surpassed those of rival start-up Xpeng for a second straight
The Senate released 2,702 pages of the latest version of the bi-partisan infrastructure bill early Sunday evening. Notably absent is funding for increased IRS enforcement, but notably included is increased information reporting for cryptocurrency exchanges, or “brokers” of cryptocurrency transactions. Increased information reporting necessarily includes increased information reporting penalties. And these particular information reporting penalties
Colorado’s Rocky Mountains provide seemingly endless opportunities for breathtaking vistas. This contemporary in Vail has the aspen, pine and craggy views for which the area is known — plus a bonus. Or make that two. The home is sited where a pair of creeks, the Gore and the Booth, meet. Architect Hans Berglund used floor-to-ceiling
In this article AMZN MSFT FB AAPL If you are an Apple shareholder who wondered after last week’s stellar earnings report why the value of your stock holding was going down rather than up, the reason given — that chip shortages will weigh on the short-term outlook — may not seem good enough. For a
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Square plans to buy Australian fintech company Afterpay as it looks to expand further into the booming
Whether you’re in the business of buying or selling a home, a crucial part of the process is to know as much as you can about the area’s local housing market. If you’re looking for a home, you’ll want to gather information to ensure you’re making the right decision about where you want to live.
In this article DIS Dwayne Johnson and Emily Blunt star in Disney’s “Jungle Cruise.” Disney Walt Disney’s “Jungle Cruise” sailed to a better-than-expected opening of $34.2 million at the domestic box office, despite growing concerns that a surge in coronavirus cases could keep families at home. With an additional $27.6 million in ticket sales internationally,
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Utility companies
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
Los Angeles County Regional Food Bank workers help with food distribution in Willowbrook, California on April 29, 2021. FREDERIC J. BROWN | AFP | Getty Images Millions of jobless Americans are poised to lose Covid-era income support in about a month’s time. This impending “benefits cliff” appears different from others that loomed this past year,
Every two years, the National Institute on Retirement Security surveys Americans to measure their sentiment about retirement. The most recent polling again found that most Americans remain worried about retirement. More than two-thirds of Americans (67 percent) say the nation faces a retirement crisis. And, more than half (56 percent) are concerned that they
Today’s column addresses questions about how spousal benefit rates are calculated, whether it’s possible to reapply to increase benefits and whether early spousal benefits would reduce later survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
The matriarch of Southern Charm, Patricia Altschul is arguably the most glamorous “Bravolebrity.” She has style in spades. From her signature caftans to the historical mansion where she resides, the Isaac Jenkins Mikell House, which was designed by the famed interior designer Mario Buatta— no one knows how to create a home quite like she