Unexpected medical bills are doing more than driving up debt. For many Americans, those debts are also making it more difficult to get a mortgage. Buyers with medical debt are more likely than others to be denied a mortgage, according to a report on consumer housing trends by online real estate marketplace Zillow. Zillow’s survey
Jim R. Bounds | Bloomberg | Getty Images House Democrats are pushing to add several health-care provisions to a $1.4 trillion spending bill that must pass by Dec. 20 to avoid a government shutdown, according to congressional aides familiar with the legislation. U.S. lawmakers are in talks to raise the minimum tobacco age to 21
A bag of Tyson Foods Inc. frozen chicken is arranged for a photograph in Tiskilwa, Illinois, U.S., on Thursday, May 5, 2016. Tyson is scheduled to release earnings figured on May 9. Bloomberg | Bloomberg | Getty Images Shares of Tyson Foods rose more than 2% on Monday after Reuters reported the meat processor received
The secret to growing your 401(k) Getty The Secret To A 9.5% Return: Your Clock Is Ticking There is a secret to getting a 9.5% return, and it has to do with time. Time allows anyone to achieve those returns through the math of compounding. It can be done with a short funding period, as
Getty Negotiations are ongoing, but it looks like the fiscal year 2020 spending bill will include permanent repeal of up to three Obamacare taxes: the so-called “Cadillac” tax on health insurance benefits, an excise tax on medical devices, and the Health Insurance Tax. The three taxes were part of the Patient Protection and Affordable Care
In general, our properties lost less value, experienced fewer foreclosures, and gained pricing … [+] traction more rapidly than those in other parts of the country. Getty Whither the real estate market in 2020? In recent days I have read a number of rosy predictions from brokers living in a different reality from mine in
The merger of International Flavors & Fragrances and DuPont’s nutrition and biosciences unit will create a company with double the research and development of any of its rivals, DuPont’s chairman said. “This creates the global leader across all the ingredients spaces. It’s the broadest portfolio by far, and we’ll have double the R&D of any
An employee fits a battery pack under a Tesla Model S automobile on the final assembly at the Tesla Motors Inc. factory Jasper Juinen | Bloomberg | Getty Images Credit Suisse thinks Tesla‘s focus on its electric vehicle batteries, both in development and production, is a key advantage for Elon Musk’s company over other automakers.
Ariel Skelley | DigitalVision | Getty Images For some financial advisors, the person behind the assets is the key to providing the best investment advice possible. That is, awareness of the nuanced differences that distinguish clients helps those advisors construct investment portfolios based on more than, say, a person’s age and how long until they
Drazen | Getty Images For many people, it’s a call they’re not expecting. An unknown caller tells you that your Social Security number has been suspended or cancelled. If it happens to you, it’s likely the latest iteration of a robocall scam the IRS warned individuals about earlier this year. Still other calls try to
Getty When you’re closing in on retirement, the big financial question shifts from “How much should I be saving?” to “How can I make my money last?” Steve Vernon, a research scholar at the Stanford Center on Longevity and author of Retirement Game-Changers, offers a few smart answers in the new Friends Talk Money podcast
Woman power and leadership in today’s human resources Getty Tax Notes chief correspondent Amanda Athanasiou discusses with Eversheds Sutherland partner Kriss Rizzolo the dearth of women in senior roles in tax law. Rizzolo describes her own experience climbing the ladder and how to support other women who are doing the same. Read the podcast transcript below.
Located near the golden dome of the Massachusetts State House, the Archer Residences have superb … [+] views of Boston NEOSCAPE2018 Boston’s ultimate neighborhood will boast a new address when two historic Suffolk University buildings unveil 62 new living units. Ingeniously tucked into a handsome red brick envelope, The Archer condominiums will be Beacon Hill’s
A traffic policeman wearing a face mask directs in heavy smog on in Harbin, Heilongjiang Province of China. VCG | Getty Images It’s been yet another decade of lost opportunity to act on climate change. The planet’s average temperature has warmed over 1 degree Celsius since the Industrial Revolution, and is on pace to heat
Happy Holidays! Steve Chen Happy holidays – give yourself the gift of tax savings As we head into the holiday season and New Years it can pay big dividends to spend a little time seeing if any year end moves can help you save a lot on taxes or improve your financial situation. This month
Joe Pesci’s eight-bedroom, eight-bath home on the Jersey Shore is for sale. RE/MAX Actor Joe Pesci, who has lit up the screen playing characters like Vinny Gambini in the comedy ‘My Cousin Vinny’ and ill-tempered mobster Tommy DeVito in Martin Scorsese’s mafia epic ‘Goodfellas,’ is selling his Jersey Shore waterfront estate, his home for almost
Babe Ruth’s 500th home run bat is shown before it goes up for auction by SCP Auctions in Laguna Niguel, California, November 25, 2019. Mike Blake | Reuters A piece of Babe Ruth memorabilia that was given to a friend 75 years ago could sell for a record price when it gets auctioned off this
For some, 2020 will be the year that retirement becomes a reality. For others, it will be a financial improbability. Retirement readiness nationwide is shaky overall. Only 23% of men and just 12% of women are “very confident” in their ability to fully retire with a comfortable lifestyle, according to recent research from the Transamerica
Getty A lot of people these days believe they’ll receive little or nothing from Social Security. They’ll hear otherwise from Social Security, which will provide statements of estimated benefits to those who request. Most workers who are age 60 or over are mailed the statements each year, whether they ask for them or not. Beginning
When it comes to Section 183 (Activities Not Engaged In For Profit), commonly referred to as the hobby loss rule, my goal is to be your go-to-guy. In the last year (12/13/2018-12/12/2019), I have noted fifteen hobby loss decisions . One of the decisions concerned evidence and was not a final ruling. Taxpayers Behind And