By Richard Eisenberg, Next Avenue Whether 2022 is the year you’ve resolved to manage your money better or you have an adult child or grandchild you’d like to learn some personal finance basics, have I got some books for you! Actually, they’re 13 money book recommendations from my “Friends Talk Money” podcast co-hosts Pam Krueger, Terry
The breathtaking vineyard estate in Sutton, Quebec, where Adele’s “Easy on Me” video was filmed last year has hit the market for a whopping $4.33 million. Adele has a flair for choosing stunning backdrops for her music videos, and the one she chose for her hit song “Easy On Me” is no exception. A 90-minute drive from Montréal,
In this article TSLA LAC-CA PLL The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid are rolling new models off the line. In order to
Sarah Bloom Raskin Andrew Harrer | Bloomberg | Getty Images In what likely will be just a few months’ time, the Federal Reserve will look a lot different: Three new governors, a new vice chairman, a new banking chief and likely a couple new regional presidents. But while the parts of the institution’s upper echelon
Jeffrey Smith, chief executive officer and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images 2021 was a busy year for activist funds, with notable investors including Starboard Value, JANA Partners and Carl Icahn pushing for meaningful change at an array of companies. In all, activist shareholders embarked on
miodrag ignjatovic | E+ | Getty Images It’s not just retirees who need to think about Medicare. Anyone who plans to keep working when they reach the eligibility age of 65 should evaluate how — or if — Medicare will fit into their health-care coverage. The program’s general rule is that unless you meet an
“Last year I moved a small amount of my 401(k) into the Vanguard Inflation Protected Securities fund. Turned out to be a good move for the 5.7% I earned in 2021. Not such good news for the small amount I still have in Fidelity’s U.S. Bond Index, which lost 1.8% last year. I am thinking of
Fewer homes than ever were for sale in December, driving seasonally-adjusted home sales down 3.6%, according to a new report from Redfin, the technology-powered real estate brokerage. This marks the largest month-over-month sales decline since May 2020. Home prices surged 15% from a year earlier, the 17th consecutive month of double-digit increases. “Home sales are slumping, but
US Secretary of Labor Marty Walsh speaks about Labor Unions during an event in the East Room of the White House September 8, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images The Labor Department has vowed to use its authority to protect workers from Covid, after the Supreme Court blocked the Biden
In this article C UOBH-SG A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022. Victor J. Blue | Bloomberg | Getty Images Citigroup will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank, the banks announced Friday. As part of the deal, UOB said it
FluxFactory As you approach retirement, you may find that your ideal life no longer includes your current spouse. You’re not alone. According to the U.S. Census Bureau, the percentage of people who have been divorced is highest among those ages 55 to 64. Even though you may want to end your marriage, there may be
On December 14, 2021, the Bureau of Labor Statistics (BLS), released data about a significant increase in the Producer Price Index (PPI), the largest increase since the data was first calculated in November of 2010. For the 12 months ending November 2021, the PPI was up 9.6%. PPI is important because it measures the average
In an area as star-studded as Hollywood, privacy is a highly desirable commodity—but with such a dense population, ample space for seclusion is not easy to come by. For husband and wife Michael and Pat York, whose celebrated careers in acting and photography, respectively, have brought them international renown, privacy was a must. That’s why,
A sign indicating canceled performances of “Mrs. Doubtfire” due to Covid is displayed in the window of the Stephen Sondheim Theatre on December 16, 2021 in New York City. Dia Dipasupil | Getty Images After over a year of industry-wide closures, Broadway theaters finally reopened in September, but 2021 did not end the way theater
You might need to take a little extra time in 2022 to plan your required minimum distributions (RMDs) from IRAs, 401(k)s, and other qualified retirement plans. A few of the rules have changed. Changes affect both original owners of accounts and beneficiaries who inherited them. The starting age for RMDs of account owners was changed
In this article DIS SAM BLK JPM WFC SHW Check out the companies making headlines before the bell: BlackRock (BLK) – BlackRock earned an adjusted $10.42 per share for the fourth quarter, beating the consensus estimate of $10.16, although revenue for the asset manager was slightly below forecasts. Assets under management rose above the $10
Billionaire Mark Cuban is mostly investing in cryptocurrency nowadays. “The investments I’m making now are not in traditional businesses,” Cuban said on a recent episode of “The Problem With Jon Stewart” podcast. In fact, “80% of the investments that I make that are not on ‘Shark Tank’ are in or around cryptocurrencies.” One type of
In this article C JPM JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters Banks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks
Aerial view of Manhattan and Hudson River in New York Karel Stipek | iStock | Getty Images Throughout most of the pandemic, New Yorkers have been shielded from eviction thanks to a statewide moratorium on the proceedings. That protection will come to an end on Saturday, and tenant advocates fear that many could be pushed
By Nancy Collamer, Next Avenue Last year, my husband Joel, then 65, retired from a 30+ year career as an IT consultant. Initially, he reveled in his newfound freedom. But over time, the leisurely life lost its luster and Joel seemed a little lost himself. Now as a retirement coach, I wasn’t alarmed by Joel’s growing restlessness.