In this article OMEG Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images SPACs are getting a much-needed reality check after investors and regulators grow wary of the Wall Street craze, and the majority of deals could
Stacey Vanek Smith Photo: Sylvie Rosokoff Why aren’t things getting better for women? Stacey Vanek Smith couldn’t stop asking that question as she looked over the grim statistics: Eighty percent of CEOs are still men, corporate boards are more than 80% male, two-thirds of federal judges are male and 98% of venture capital goes to
Childlessness is something the U.S. Census Bureau has never bothered to explore––until now. Those of us who have a keen interest in solo aging (adults over 55 with no children and those aging alone for other reasons) have been aware for many years of the rise in childlessness among boomers. The reverberations of this rise in childlessness
Today’s column addresses questions about the earnings test and independent contractors, whether early reductions to disabled widow’s benefits are permanent and the possibility of taking spousal benefits only after early retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask
Vice President at CBRE | Founder of Marketing Real Estate. Homeownership has long been accepted as a core component of the American dream, as it confers several economic benefits on homeowners, including the ability to accumulate wealth by accessing credit, building equity and reducing housing costs. According to data from the U.S. Census Bureau, homeownership has
Source: Somos Kind founder Daniel Lubetzky is joining forces with two former executives from the snack brand to launch a Mexican food company based on the food they ate growing up. Somos, which means “we are” in Spanish, is accepting wholesale orders from grocery stores and retailers now, with the expectation that its range of
Westend61 | Westend61 | Getty Images LONDON — British software company Blue Prism said Tuesday it has agreed a deal to be taken over by private equity firm Vista Equity Partners for £1.1 billion ($1.5 billion) in cash. Blue Prism, which specializes in software robots that automate repetitive tasks, said Vista would pay each shareholder
The islands of Southeast Asia are reopening to visitors — one small step at a time. The region is home to countries, such as Thailand, Vietnam and Cambodia, that kept Covid rates low throughout 2020. That changed with the arrival of the delta variant, which forced many Southeast Asian nations to contend with big outbreaks
In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard is jumping into the competitive installment loan space by allowing banks and start-ups to ramp up their own “buy now, pay later” offers. The credit card giant announced a new program
Images By Tang Ming Tung | DigitalVision | Getty Images The federal government’s six-month health insurance subsidy for jobless workers through the Consolidated Omnibus Budget Reconciliation Act, or COBRA, will end this week. If your coverage has come from this support, you’ll need to get new health insurance as soon as possible, experts say. The
There are nearly 32 million small businesses in the United States, according to the Small Business Association. Of those, 81% are single-person entities with no employees on the payroll. According to PNC, while 60% to 70% of small business owners want to pass along their business to the next generation, only 15% have an actual
Congress is debating a sharp increase in the corporate tax rate as well as other business levies this week. The Biden Administration claims only big corporations will have to fork over more cash. This episode of What’s Ahead shows how that assertion is nonsense. A ton of economic research over the years has found that
The 2022 paint colors of the year trend towards tranquil, neutral, organic and green. Gone are the intense, saturated hues of the past, and gray, which dominated décor for a while, is definitely in the rear view mirror. From Behr we have Breezeway, a tranquil, pale green-blue hue. Olive Sprig, PPG’s color of the year,
Centers for Disease Control and Prevention Director Dr. Rochelle Walensky clarified her comments regarding Covid-19 booster shots after she told the Atlantic on Monday that she plans on getting a Covid booster shot, but wants to make sure those who are at higher risk get them first. “I am not at all concerned about supply,”
Visitors walk on the Bund in Shanghai, China, on Friday, February 12, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Foreign companies are trying to hold on to lucrative opportunities in China, even if new regulations and the pandemic have made international operations harder. As these businesses watch a crackdown on domestic tech
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin Jeff Bezos has called Blue Origin his life’s most important work – and the hours he is devoting to the space company are growing accordingly. Historically, Bezos had dedicated Wednesday afternoons to either updates and
10’000 Hours | Getty Images If you’ve worked remotely at any point this year, you may want to evaluate what that could mean for your 2021 tax return. Although many states offered a pandemic-related reprieve that generally resulted in no tax-filing obligation for people who worked temporarily in their state, the leniency was for 2020
Adding crypto to your retirement investments With the recent rise in popularity and price of cryptocurrencies, many people are still trying to figure out how to efficiently invest in the new digital asset class. While would be investors are waiting for the SEC to hopefully grant approval for the creation of crypto ETFs, which would
After California Governor Gavin Newsom triumphed in the recall election, he signed three controversial bills meant to increase house building and supply. The bills limit local zoning control and override some local powers that are used to block affordable housing projects. Will these provisions help solve California’s deep housing affordability crisis? There’s no question about California’s crisis. In August, the median
Traditionally, Northern Manhattan and the Bronx have been led by the multifamily asset class. The market for development site sales also primarily focuses on this asset class, with affordable and rent-stabilized housing leading the market. While the Bronx has lately seen a huge resurgence of interest in industrial properties and Northern Manhattan has a growing