Romance scams surged for seniors during the Covid-19 pandemic, the Senate Aging Committee was told today. Losses reported to the Federal Trade Commission alone by the elderly from phony suitors rose to $139 million last year from $84 million in 2019. The loneliness and isolation during the pandemic made the elderly particularly vulnerable because
Today’s column addresses questions about whether it would be good to wait till January to file ensure all current earnings are used to determine benefit amounts, requesting an Administrative Law Judge hearing and the availability of larger childhood disability benefits (CDBs) when the higher earner files. Larry Kotlikoff is a Professor of Economics at Boston
Real estate investor, Founder/CEO of TurboTenant: rental marketing, tenant screening, rental applications, rent payments, and more. Rental trends are always in flux, and recently, the housing market has been almost too hot to touch, making it challenging to determine where to invest. The Covid-19 pandemic has only added to the complexity of finding the perfect location
Impossible Foods’ latest meatless product is set to hit tables from Thursday: plant-based pork that claims to be tastier and healthier than the real deal. The ground pork product will first be available in restaurants in the U.S., Hong Kong and Singapore, with further plans for retail expansion in those markets in the coming months.
In this article BABA GUANGZHOU, China — Ant Group will share credit data from its consumer lending business with China’s central bank as part of an overhaul of the fintech giant. Huabei is a consumer loan product under Ant Group. Data from that lending product will be fed into the financial credit information database held
In this article PFE Vaccine mandates trickled into the U.S. travel sphere last winter, picked up steam in the spring and hit fever pitch over the summer. Vaccine shots are now necessary to eat in cafes in France, to see a Broadway show in New York City and soon, to fly commercially in Canada. Though
NASA astronaut Douglas Hurley rehearses putting on his SpaceX spacesuit in the Astronaut Crew Quarters inside the Neil A. Armstrong Operations and Checkout Building at the Kennedy Space Center ahead of NASA’s SpaceX Demo-2 mission to the International Space Station in Cape Canaveral, Florida, U.S. May 23, 2020. Kim Shiflett | NASA | Reuters SpaceX
President Joe Biden addresses the 76th Session of the U.N. General Assembly on Sept. 21, 2021 in New York. Eduardo Munoz-Pool/Getty Images President Joe Biden and House Democrats have unveiled plans to raise taxes on households with more than $400,000 of annual income, and cut or maintain taxes for those below the line. But what’s
The shortage of staff in long-term facilities and home care agencies has gone from a problem to a crisis. · Three rural nursing homes in Maine close because they cannot hire enough staff to maintain care for patients and residents. · A nursing home in Oklahoma shuts its doors due to a staff shortages. Same in Kansas.
Whether you believe digital assets like Bitcoin, Dogecoin and Ethereum represent the greatest investment opportunity in decades or the biggest scam in history, one thing is certain: cryptocurrency is going mainstream. Not only has it become ubiquitous in investor portfolios – from some of the largest institutional funds to the most modest mom-and-pop online brokerage
Mega-mansion developer Mohamed Hadid has reduced the price for a property overlooking Beverly Hills to $50 million, down 50% from the original asking price of $100 million. Called Olive Hills, the undeveloped land near Franklin Canyon in Los Angeles surfaced for sale in July, roughly six months after a series of events led the entities
Former prosecutor David Henderson predicted that September 29 would mark the day that Jamie Spears would be removed from daughter Britney Spears’ conservatorship. “I think this is one of those situations where you turn on the light, and the bugs scatter,” the Civil Rights lawyer told CNBC’s “The News with Shepard Smith.” “I think that
U.S. stock index futures were little changed during overnight trading on Wednesday after the Federal Reserve kept benchmark interest rates unchanged, while indicating no immediate intention of removing stimulus policies. Futures contracts tied to the Dow Jones Industrial Average gained 35 points. S&P 500 futures were up 0.1%, while Nasdaq 100 futures advanced 0.14%. Stocks
Former U.S. Secretary of Defense James Mattis on September 03, 2019 in New York City. Steven Ferdman | Getty Images SAN JOSE, CALIF — Former U.S. Defense Secretary General James Mattis testified on Wednesday that as a board member at Theranos he was “frankly amazed” at what was possible at first but later became disillusioned
Federal Reserve Chairman Jerome Powell on Wednesday said the central bank’s current trading rules are insufficient and promised that it would “make changes” after filings showed that officials traded stocks and bonds that could be influenced by its policy actions. Specifically, Powell said that Fed officials should as a general rule be barred from owning
Even though the Federal Reserve didn’t raise its benchmark rate Wednesday, your borrowing costs may still start to head higher. Rising prices brought on by the economic recovery are paving the way for the central bank to unwind last year’s bond buying. While the central bank said that interest rates will stay near zero for now,
The core of US hegemony is the role of the US dollar as the only world-wide acceptable means of payment. But China would like to supplant the dollar, and the US Congress can make it easy for them — by its inaction. If Congress fails to modify the existing Federal debt ceiling, sometime in October
As the US continues struggling with Covid-19 and economic recovery, debate is growing about the revival of “industrial policy”—government -led efforts to favor certain industries over others, in contradiction to market fundamentalist approaches. An important new forum in the Boston Review takes on these issues and is well worth your attention. For our future prosperity, these issues are more
Kenny Kane is the Chief Operating Officer at Firmspace. The idea of a shorter workweek has been around for decades. In fact, it was FDR who supported a 30-hour workweek in 1933 as a way to stimulate employment after the Great Depression. While opinions on shorter workweeks have been largely split since the days of FDR,
In this article T NFLX VIAC DIS The Emmy Award statue at the Academy of Television Arts & Sciences campus in Los Angeles during a Sneak Peek behind-the scenes reveal of televisions biggest night at the Television Academy in Los Angeles. Al Seib | Los Angeles Times | Getty Images Sunday’s Primetime Emmy Awards may