Maskot | Maskot | Getty Images Spain is planning to offer young people aged 18-35 years old 250 euros ($289) a month to incentivize them to move out of their parents’ house and rent. Spanish President Pedro Sanchez announced the proposal on Tuesday, as part of the government’s 2022 budget. Young people earning less than
quavondo | E+ | Getty Images For lower-income Hispanic and Latina mothers, affordable and accessible child care would be a lifeline. As the country celebrates National Hispanic Heritage Month, it looks like that may soon become a reality. Democrats have set a deadline of Oct. 31 to enact President Joe Biden‘s economic agenda, which includes
By Ronni Gordon, Next Avenue Would your loved ones have necessary access to your bank accounts after you die to help carry out your last wishes and handle arrangements? It’s quite likely they won’t unless you take a few essential steps now. “If you have a bank account in a single person’s name, it can take
Tax Notes Capitol Hill reporters Doug Sword and Frederic Lee return to discuss the latest tax developments with the recordbreaking infrastructure and reconciliation legislation advancing in Congress. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: So many
Co-Founder & CEO of PlanOmatic. The single-family rental (SFR) industry is booming. SFR growth is expected to outpace multifamily, office, retail, storage and hospitality growth by 2022, according to a report by Walker & Dunlop. Walker & Dunlop estimates the SFR market to be valued at around $3.4 trillion, compared to the entire multifamily market, which is
Head coach Jon Gruden of the Las Vegas Raiders reacts to the crowd during warmups before a preseason game against the Seattle Seahawks at Allegiant Stadium on August 14, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images Las Vegas Raiders coach Jon Gruden used racist language to describe the head of the National
In this article GSBD PNC A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Stocks proved hard to keep down this week, and the start of the earnings season next week could further bolster the comeback
For the first time in the 12-year history of “Shark Tank,” a Black woman is sitting in one of the investment chairs. Emma Grede, the 39-year-old co-founder and CEO of denim-brand Good American and founding partner of Kim Kardashian’s shapewear-apparel line SKIMS, is set to appear as a guest Shark on Friday’s season 13 premiere
Two women sit at the Capitol Reflecting Pool in Washington, D.C. on Sept. 26, 2021. Samuel Corum | Getty Images Congress is hard at work on a deal to keep the U.S. government from defaulting on its debt this month. But the short-term agreement, which was passed by the Senate and is expected to go
By Gwen McKinney, Next Avenue One day I looked in the mirror unnerved by the image peering back at me. Who is this older woman and where’s the me I know? This existential question is shaped by coming of age in an era when women were seen and heard. Today, sadly, we are virtually erased by the larger
Today’s employment report for September was surprisingly weak in terms of job growth—only 194,000 new jobs. Analysts blame the spread of the Covid-19 Delta variant for the slowdown, and it shows the economy isn’t out of the woods yet. The news should encourage Congress (really just Democrats) to pass a large economic stimulus bill. Job growth wasn’t expected to
As Manhattan real estate enters the fall busy season, it bears asking: What does the market look like today, and where is it headed? After recovery from the pandemic lows last year, the market appears poised for further gains. There are four primary points that we can look at that suggest Manhattan may be at
A Now Hiring sign at a Dunkin’ restaurant on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The restaurant industry’s unemployment rate fell to 7.5% in September but remains well above pre-pandemic levels, providing another worrying sign that the labor crunch isn’t going to disappear anytime soon. Food services and drinking places
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
In this article TSLA ALLO QDEL A OTLY MNTV Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high cost of living and operating in California. Musk did say the company plans to increase
It’s one thing to come up with a $1 billion business idea. It’s quite another to come up with a string of them. But for entrepreneur Aaron Tan, it was fundamental. If he was going to start a business, it had to have room to grow. That’s a strategy instilled in him in his early
SpaceX’s Starship rocket production facility in Boca Chica, Texas, as CEO Elon Musk (third from the right) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an
Drazen Zigic | iStock | Getty Images For financial advisors, the focus is often on growing their business, not passing it on to new owners. However, succession planning should be a key consideration in running a financial advisory firm, experts say. Yet research shows that most firms don’t have a plan in place — which
Damir Khabirov | iStock | Getty Images The expansion of the child tax credit is aimed at lifting millions of American families out of poverty. Yet an omission in its legislative language may leave behind a group that would most benefit from it: struggling student loan borrowers. The American Rescue Plan, the $1.9 trillion stimulus
By Kerry Hannon, Next Avenue Every once in awhile, while covering the older workers and personal finance beats, I run across a research report that stops me cold. “Hidden Workers: Untapped Talent” fits that bill, revealing the cruel underbelly of hiring. I’d even call it explosive. The findings of the 74-page “Hidden Workers: Untapped Talent” come