For soon-to-be college grads without a job lined up, the future is daunting. “I’m definitely pretty stressed about it,” said Naomi Watson, 22, a senior at Santa Clara University in California. The political science major plans to move back in with her mom while she continues her search. With student loan payments on the horizon
As the Covid-19 public health emergency ends, many older adults who need a post-hospital stay in a skilled nursing facility (SNF) will be in for an unpleasant surprise: Traditional Medicare may not pay. The change, one among dozens that affect older adults, restores rules from before the pandemic. But they are complicated and will shock
You may think it’s crazy that I’m suggesting you pay an optional tax, but once you understand the tax benefits, you won’t think this is a dumb idea. The pass-through entity tax (PTET) is a valuable tax credit many high-income California business owners need to get. It helps turn non-deductible state taxes you must pay
First the bad news: multifamily transaction volume in New York City in Q1 2023 declined to $2.11 billion, a 39% drop from Q1 2022, Ariel’s Q1 2023 Multifamily Quarter in Review shows. The reason? Higher interest rates coupled with market volatility. However, while the first quarter volume was lower, from a historical standpoint, it was
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Robyn Beck | Afp | Getty Images I’m calling it. The Streaming Wars are over. 2019-2023. RIP. The race between the biggest media and entertainment companies to add streaming subscribers, knowing consumers will only pay for a limited number of them, is finished. Sure, the
In this article U Follow your favorite stocksCREATE FREE ACCOUNT Unity Software CEO John Riccitiello speaks onstage during TechCrunch Disrupt SF 2018 in San Francisco, Sept. 5, 2018. Steve Jennings | TechCrunch | Getty Images Shares of Unity Software popped more than 11% in extended trading Wednesday after the company released first-quarter earnings that beat
Now Hiring signs are displayed in front of restaurants in Rehoboth Beach, Delaware, on March 19, 2022. Stefani Reynolds | Afp | Getty Images Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate this year. Central banks around the world have
A shopper in Greenville, New York, on April 30, 2023. Robert Nickelsberg | Getty Images News | Getty Images Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multi-decade highs and costs for household staples appear to be in retreat. The consumer price index, a
House Republicans have now passed legislation that would drastically cut people off from a wide range of programs vital to their financial security in exchange for a promise to let the federal government honor its past commitments and pay its bills. These cuts if indeed enacted would sharply reduce spending on a number of programs
Goldman Sachs has agreed to pay $215 million to settle claims for gender discrimination against nearly 3,000 former employees. While the tax treatment of proceeds at settlement is sometimes unclear, and unfair, the parties in this case will have an unusually straightforward result. In short, Goldman can deduct its settlement payment and legal fees. The
Forbes Global Properties In Montecito’s coveted Hedgerow neighborhood, gates, tall hedges and ivy-covered walls allow only a peek at the houses that lie beyond. It’s a tranquil Southern California community where privacy is built-in and people tend to put down roots. As such, homes infrequently come on the market. A 1938 Spanish-style residence now listed
In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday it would add Hulu content to its Disney+ streaming app, while also announcing it would raise the price of its ad-free streaming service later this year. CEO Bob Iger said
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Writers walk the picket line on the second day of the television and movie writers’ strike outside Disney Studios in Burbank, California on May 3, 2023. Robyn Beck | AFP | Getty Images A writers strike, a feud in Florida and ongoing company-wide layoffs —
In this article SONO U HOOD GRPN DIS Follow your favorite stocksCREATE FREE ACCOUNT Robyn Beck | Afp | Getty Images Check out the companies making headlines in extended trading. Disney — Shares fell 4.7% after the company reported mixed fiscal second quarter results. Earnings came in line with estimates, while revenue slightly beat analysts’
Userba011d64_201 | Istock | Getty Images Wall Street has eagerly rallied around companies making notable strides in artificial intelligence. However, several investors warn that the increasingly widespread deployment of AI has opened a “Pandora’s box” of environmental, social and corporate governance, or ESG, concerns. Generative AI models — ChatGPT being the most prominent example —
Prostock-Studio | Istock | Getty Images If you piled into Series I bonds over the past couple of years amid record-high yields, you may be eyeing an exit strategy as the rate declines. In May, annual I bond interest for new purchases dropped to 4.3% through October, down from 6.89% last November, based on cooling
Bernardbodo | Istock | Getty Images New government data shows inflation is cooling, and that means Social Security beneficiaries will likely see a lower cost-of-living adjustment next year. The Social Security cost-of-living adjustment for 2024 could be 3.1%, according to a new estimate from The Senior Citizens League. That’s well below the 8.7% increase to
Your spouse recently died leaving all her assets to you. Your attorney has assured you that no estate tax is due, but you still need to file an estate tax return. Do not overlook the importance of filing the return. It may save your family millions in estate taxes after your death. The estate tax
As cities continue wrestling with myriad problems, most noticeably empty office buildings due to increased working from home, urbanists Edward Glaeser and Carlo Ratti in the New York Times NYT propose a new role for cities—the “Playground City.” While they have some useful ideas, their analysis ignores economic, structural and equity problems facing cities which
Forbes Global Properties This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. The Cavalcanti Castle was constructed around 1427 by a descendant of Guido Cavalcanti, a renowned poet and friend of writer-philosopher Dante Alighieri. When the castle was built there were no notable figures within