Month: October 2020

Brooklyn is foundational to NYC’s recovery. Ariel Property Advisors On September 22, Industry City’s proposed rezoning and expansion joined Amazon HQ2 in Queens as another major multi-faceted neighborhood development to be scrapped after community opposition and a lack of support from local officials. These reversals of fortune for major developments represent a sea change in
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Getty Images It’s no secret that 2020 has been an unpredictable year. And that uncertainty can cloud the decisions we make, especially when it comes to money. Consequently, investors and their financial advisors need to be on their guard for clouded decision making that could lead to regrets later. “It’s possible that the times have
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Dr. Deborah Birx, White House coronavirus response coordinator, and National Institute for Allergy and Infectious Diseases Director Dr. Anthony Fauci listen as President Donald J. Trump speaks with the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic in the James S. Brady Press Briefing Room at the White House on
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A employee moves pizza boxes before a delivery at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its quarterly revenue rose 17.9%, led by more U.S. customers ordering pizza delivery during the coronavirus pandemic. But earnings fell short of expectations, hurt by higher
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Former Goldman Sachs CEO Lloyd Blankfein sees speculative elements across markets for stocks and bonds. Blankfein, a billionaire who served as Goldman’s CEO from 2006 to 2018, said Thursday on CNBC’s “Squawk Box” that low interest rates were essentially creating free money for big institutional investors. After keeping rates low for years after the 2008
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Susan G. Komen’s More Than Pink Walk in Atlanta in 2018 Source: Susan G. Komen Breast Cancer Awareness Month is usually marked by galas, walks and other fundraising events. This year, it’s eerily silent.  The coronavirus pandemic has pushed those events online, or caused them to be cancelled. The impact could be devastating for nonprofits
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Kirby Hamilton | Getty Images For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency. With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code.
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Economic Security Planning, Inc. Today’s column addresses questions about whether losing benefits to the earnings test will increase the family maximum at full retirement age, verifying past wages along with what wages are counted for Social Security and the family maximum’s potential effects on children’s benefits. Larry Kotlikoff is a Professor of Economics at Boston
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