Month: June 2021

The Covid-19 pandemic and economic shock that followed has made it more difficult for many parents and students to afford college. Yet even fewer families applied for financial aid this year. The Free Application for Federal Student Aid, or FAFSA, serves as the gateway to all federal aid money, including loans, work-study and grants, which are the most
0 Comments
You know the saying: First comes love, then comes marriage, then comes a… mortgage? As much as we’d like to have it all—all at once—most young couples can’t afford both a big, splashy wedding and a down payment on a home. When forced to choose between the two, weddings used to win; But all that
0 Comments
by Tax Notes State Commentary Editor Doug Sheppard Growing up in a rural area of eastern Jamaica in the 1980s, the culinarily inclined Denvil Duncan dreamed of becoming an executive chef on a cruise ship. Inspired by a cousin who worked in that capacity on the luxurious barges that pulled into Jamaican ports, Duncan saw a future in the planning,
0 Comments
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images (This is a breaking story. Check back for updates.) Morgan Stanley, the Wall Street powerhouse, doubled its quarterly dividend and announced a new $12 billion stock
0 Comments
If you’ve watched your parents or older relatives age into their final years, you might have witnessed a decline in their ability to manage their money. As they got older, they became more vulnerable to financial losses due to making mistakes, exploitation by unethical family or friends, or financial fraud. Substantial research confirms this risk.
0 Comments
This is the time of year when your love for fried chicken clashes most acutely with your love for pool time and fun summer selfies. Air frying can potentially help. As Linda Larsen, author of the Complete Air Fryer Cookbook, explains in its opening pages: “Air frying is better for your health. In fact, most
0 Comments
Legal disputes come in all shapes and sizes, and there are almost always tax issues that face plaintiffs, defendants, or both. Plaintiffs receiving money worry if and how it is taxable, and whether they can deduct their attorney fees. Even without the complex rules governing qualified pension and retirement plans, the tax treatment of a
0 Comments
The Texas Hill Country gave birth to one of America’s unique vernacular house styles: the Sunday Houses of Fredericksburg, Texas. Charming architectural oddities, they are found only in this historic town, where they were built by 19th century German immigrants as a solution to the competing needs of the farm and of the community. Modest 1
0 Comments
Vaccines are working against Covid-19, including the highly contagious delta variant — but the challenge is in getting enough people inoculated, according to a professor of preventive medicine at the Vanderbilt University School of Medicine. “Leaving it in the refrigerator doesn’t help, that won’t prevent disease. You have got to move that vaccine into arms,” William Schaffner
0 Comments
(Click here to subscribe to the new Delivering Alpha newsletter.) The hedge fund model has been under attack for decades, at least since the financial crisis, but assets under management continue to surpass records. Christopher Ailman oversees the nation’s second largest public pension fund, CalSTRS, with $300 billion dollars under management. Here he is, in
0 Comments