Chinese President Xi Jinping (R) waves to the press as he walks with US President Donald Trump at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017. Jim Watson | AFP | Getty Images Both the U.S. and China have to “step up to the plate” and provide global leadership at a time
the Caribbean coastline of Grand Cayman gets battered in a hurricane. getty Today’s market offers many alternative ways to pursue profits and hedge risk As a South Floridian, the best analogy I can make to the last few years in the stock market is to hurricane season. The thing about hurricanes is that they have
Economic Security Planning, Inc. Today’s column addresses questions about potential increases due to continuing to work after filing, eligibility for spousal benefits, filing on the record of a younger spouse and whether the WEP and the GPO will be invoked by a foreign pension. Larry Kotlikoff is a Professor of Economics at Boston University and
Founder and CEO of the pioneering home hospitality brand, D. Alexander, and the Founder and Managing Partner of D. Alexander Capital. getty A few years ago, a thought came to me about the future of homeownership and hospitality while I was road tripping down Highway 1 to stay at a short-term home. I was trying to
Pasadena Fire Department firefighters perform structure protection as flames sparkle on a hillside behind a home during the Apple fire in Banning, California on August 1, 2020. – 4,125 acres have burn in Cherry Valley, about 2,000 people have received evacuation orders in the afternoon of August 1. Josh Eldelson | AFP | Getty Images
getty The pandemic inspired economic shutdowns have had a demonstrably negative impact on the economy. The Department of Commerce’s U.S. Bureau of Economic Analysis (BEA) issued its first preliminary estimate of second quarter Gross Domestic Product (GDP) and it was devastating. While a “second” estimate will be released later this month, the BEA announced the
Recognizing the recession’s depth and persistence, the Federal Reserve is keeping interest rates low. But only more spending can provide the economic boost we need, and Congress must act before its August 7th recess. WASHINGTON, DC – JULY 30: Senate Majority Leader Mitch McConnell (R-KY) is swarmed by reporters as … [+] he leaves the
cdwheatley | E+ | Getty Images Millions of Americans have altered their travel plans amid the pandemic, with some switching to road trips this summer and others postponing long-haul air and sea travel till next year or beyond. But one demographic — the affluent vacationer — appears to be more optimistic, making plans and holding
Getty Images The majority of companies have now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented
The Miami development includes a 100,000-square-foot medical center with exam rooms, an onsite lab … [+] and pharmacy and diagnostic imaging. Royal Palm Companies The developers of a new mixed-use tower in Miami, set to open in 2024, weren’t anticipating a global pandemic when they came up with the idea for their latest project —
A Starlink user terminal, which would connect consumers to the company’s satellite internet service. SpaceX SpaceX said Starlink, its nascent satellite internet service, has already seen “extraordinary demand” from potential customers, with “nearly 700,000 individuals” across the United States indicating they are interested in the company’s coming service. Due to the greater-than-expected interest, SpaceX filed
Fiat Chrysler Automobiles assembly workers produce protective masks, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim near Belo Horizonte, Brazil, May 20, 2020. Washington Alves | Reuters Fiat Chrysler said Friday it lost $1.24 billion (1.05 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its
getty Many estate planners will admit that a lot of the plans don’t achieve the owners’ goals. Most of these failures were avoidable. The failures most often result from the nontechnical aspects of the plan, what some refer to as the human side, or soft side, of an estate plan. There’s not a lot of
UNITED STATES – AUGUST 31: Historic Broad Street shops, Rome, Georgia (Photo by Carol M. … [+] Highsmith/Buyenlarge/Getty Images) Getty Images The controversy over syndicated conservation easements tax shelters has raised its ugly head in the Congressional race in the 14th District in Georgia. Barring a blue wave miracle, representation of the district in Congress
Timothy Young and his family Source: Timothy Young On Monday, July 27, two days after the eviction moratorium in Maryland expired, Timothy Young, his wife, Tammy, and their two children, Hermione, 8, and Negan, 2, scrambled to move out of their duplex. They’d received their notice to vacate. Young estimates that he’s applied to more
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. getty There is a broad spectrum of commercial real estate types to consider when investing. When the economy shifts or crises occur, multifamily has consistently proven its resiliency, stability and predictability. Multifamily is doing so again during Covid-19
A view of the screen during the Los Angeles advanced screening of IFC’s “The Rental” at Vineland Drive-In in City of Industry, California. Amy Sussman | Getty Images Entertainment | Getty Images In March, when movie theaters were shutting down and major Hollywood studios were shuffling their film release dates, the head of distribution for
A nurse holds up a one dose bottle and a prepared syringe of measles, mumps and rubella virus vaccine made by Merck at the Utah County Health Department in Provo, Utah. George Frey | Getty Images Pharmaceutical giant Merck on Friday beat Wall Street expectations in the second quarter and raised its overall earnings guidance for the
College students have been hit doubly hard by the coronavirus pandemic, and face disruptions to both their studies and job prospects. With hiring stalled at many companies — and more still operating remotely — many new graduates have been forced to put their career ambitions on hold. But those interested in a career in finance may have
There is one thing about the current pandemic about which there is no controversy—seniors are most vulnerable. With every warning and every description of preventive measures telling seniors to self-isolate, stay home, and avoid others, there is an inevitable consequence: loneliness. Loneliness among elders was problematic before Covid-19. Now it is worse. And lip service