Praying woman in the city. Getty The lyrics to a Jim Reeves classic song capture the heartbreak Employee Retirement System of Rhode Island (ERSRI) stakeholders, including taxpayers and pensioners, must be feeling this holiday season. Please release me let me go for I don’t love you anymore … To live a lie would bring us
Month: December 2019
Given everything that gets by the IRS, it is really odd when they seem to put a lot of energy into what looks like a losing case from the get-go involving people who don’t really seem to be getting away with anything. Such, in my view, was reflected in the recent Tax Court decision in
View of the downtown Boise, Idaho skyline Getty Realtor.com’s list of 2020’s hot housing markets will surprise you. Realtor.com looked at projected home sales and price data of the country’s largest 100 metros to create the top ten. Markets that made the list from one to ten include, Boise, Idaho, McAllen-Edinburg-Mission, Texas, Tucson, Arizona, Chattanooga,
A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images 2019 brought with it more retail bankruptcies. And the implications have been more store closures, thousands of lost jobs and an vastly different
U.S. President Barack Obama signs the Affordable Health Care for America Act during a ceremony with fellow Democrats in the East Room of the White House March 23, 2010 in Washington, DC. Win McNamee | Getty Images Recently, a federal court decided the central provision of the Affordable Care Act requiring all Americans to be
As 2019 draws to a close and the calendar turns toward the new year, it is an opportune time for investors to position their stock portfolios for 2020; with the S&P 500 near a record high and interest rates on the decline, high-yield dividend growth stocks are especially attractive for income investors, asserts Ben Reynolds,
Top stock picks for 2020, from some of the best portfolio managers. Getty The stock market went on a tear in 2019. Major indexes hit numerous record highs in the second half of the year with the S&P 500 rising more than 29%. This puts it on track to be the best yearly return since
Follow these tips to crush your financial goals in 2020. Getty In a survey by Fidelity Investments, 67% of Americans said they’re planning to make financial resolutions for 2020, with saving more and paying down debt topping the resolution chart. Of course making such resolutions is easier than keeping them. A third of New Year’s
General Motors’ CEO Mary Barra testifies during a House Energy and Commerce Committee hearing on Capitol Hill, on April 1, 2014 in Washington. Getty Images DETROIT — Mary Barra became one of America’s best-known executives when she took the helm as the first female CEO of General Motors in 2014. But the recognition quickly turned
Chances are, making better money choices is one of your goals for 2020. Almost 99 million people will make a financial resolution this year, according to a recent survey from personal finance website WalletHub. For many, there are two burdens they want to eliminate in 2020: low savings and high debt. Putting aside more money
A record high S&P 500 has done more than just confound prognosticators. It seems it has also made us feel quite confident in our finances. This assuredness has impacted how we plan for the year. According to a new survey by Allianz Life Insurance Company of North America, only 14% of those surveyed will set
Getty It’s the eleventh day of my 12 Days of Charitable Giving for 2019. Readers have suggested deserving charities over the past few weeks, and I’ll be posting the results here. Today’s charity is Hands Up for Haiti. Hands Up For Haiti (HUTF) began in 2010 when a small team of doctors, nurses and other
photo: Getty People often ask how I managed to start my own real estate company when I was 20 years old and scale it to over $100 million in annual revenue over the past 10 years. Some business leaders prefer to closely hold on to the secret to their success, worried that sharing it will
A contractor guides a steel beam into place while working on the Korean Air Wilshire Grand hotel and office building in downtown Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images For some people, a bad day at work means missing a deadline or getting yelled at by your boss. For others, it means
Monthly student loan payments can dictate when people have children and how much they’ll retire with. Pat Greenhouse | Boston Globe | Getty Images Student loans have become a defining feature of American life. It was 10 years ago that education debt eclipsed credit card debt. The next year, in 2011, it exceeded auto debt.
Shutterstock We expect investment experts to have crystal balls that allow them to see how the stock market is going to perform in the future. Of course, they don’t have crystal balls, and their predictions often aren’t helpful. The problem with expert predictions of the stock market isn’t that they are wrong — which they
Starting in 2020, beneficiaries who inherit a retirement account from a parent or relative can no … [+] longer take distributions over their lifetime. Instead, they will be required to deplete the account in 10 years. Getty The Secure Act, which was signed into law in December 2019, brings about several major changes to the
This 20,000-square-foot stand-alone lifestyle center on the Warren Hills office campus in Warren, … [+] N.J. allows colleagues to meet and recharge away from the conventional office environment. Peter Dant Photography, Courtesy of Vision Real Estate Partners While many young professionals continue to seek dense live-work-play urban areas, growing throngs of their contemporaries are descending
The Food and Drug Administration‘s call on whether to approve Biogen‘s experimental Alzheimer’s drug, aducanumab, will be the “most important decision” the federal regulator will make in 2020, Bernstein analyst Ronny Gal said Friday. When asked if he thought the FDA would approve the drug, Gal said, “Yes.” “[But] you’ve got to be cautious about
Brendan McDermid | Reuters It has been a year for celebration on Wall Street, with the S&P 500 rising nearly 30%, but investors relying on seasonal trends probably found themselves frustrated as the market defied traditional patterns. January, February and June historically rank in the bottom half of any year for stock performance, according to
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