In this article SPCE NASA Administrator Bill Nelson on Monday commended Virgin Galactic founder Richard Branson after he traveled to the edge of space as a passenger on his company’s VSS Unity spacecraft. “We put up Alan Shepard and Gus Grissom into suborbit 60 years ago, and now we’ve come to this, and I think
Month: July 2021
Rolf Bruderer | Tetra images | Getty Images The greatest wealth transfer in history is underway, and taxes may take a bite from inheritances without proper estate planning, financial advisors say. It’s estimated that nearly 45 million U.S. households will transfer more than $68 trillion over the next 25 years, according to Cerulli Associates. Baby
Social Security is a program you get the joy of paying into your entire working life. The prospect of this valuable retirement income stream not being there once you leave the workforce is alarming to many Americans. As it stands now, it is not a question of “if Social Security will run out of money” but
Before Shira Berg, 30, heads to her workplace, she reserves a desk in advance. The director at Autumn Communications helped her New York office implement a shared workstation system. With clients that include Amazon, Instacart and Goldbelly, the PR agency doubled in size during the pandemic. But adhering to Covid guidelines with just 27 desks
Vacant commercial spaces have always been an issue for brokers in the real estate market. After the Covid-19 pandemic struck in 2020, many businesses were forced to shut their doors for good. This led to an increase in the number of vacant commercial spaces throughout the world. The question that commercial brokers have been asking
In this article JWN A woman is seen shopping on ASOS the online fashion store on a laptop. Dinendra Haria | SOPA Images | LightRocket | Getty Images Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. fashion house Asos. The brands — Topshop, Topman, Miss
SINGAPORE — The next global pandemic could happen at any time and the world must start preparing for it now, said Singapore’s Senior Minister Tharman Shanmugaratnam. “We don’t have the luxury of waiting for Covid to be over before we start preparing for the next pandemic, because the next pandemic can come any time,” Tharman
For some adult children who have unpleasant, oppositional aging parents, there is a strong motivation to stay out of their affairs. That’s understandable. No one likes to be yelled at and rejected. You want self-protection. But unwillingness to confront impaired aging parents can carry an extreme price tag. This is a real story with the
Today’s column addresses questions about Social Security’s earnings test, options once reaching full retirement age and having received disability benefits and which month can be optimal to file in. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Sir Richard Branson, after nearly 17 years of development and over a billion of dollars invested in Virgin Galactic, achieved his dream
As Americans recover from the widespread economic impact of the Covid-19 pandemic, some are already looking ahead and putting “financial defenses” in place to head off the next period of uncertainty. More than half, 58%, of Americans say they’re in “financial recovery mode,” according to Northwestern Mutual’s recent 2021 Planning & Progress Study. The annual survey,
For months, multiemployer pension plan sponsors, participants, and their advocates have been waiting to see how the PBGC (Pension Benefit Guaranty Corporation) would interpret the American Rescue Plan’s legislation providing bailout money to multiemployer pensions, the The Emergency Pension Plan Relief Act of 2021 (EPPRA), which, as regular readers will recall, left multiple issues very
Richard Branson and Jeff Bezos are set to launch themselves just weeks apart, but the exact boundary and experience of their spaceflights has become a point of contention. Branson’s Virgin Galactic flies above 80 kilometers (or about 262,00 feet), which is the altitude the U.S. recognizes as the boundary of space, while Bezos’ Blue Origin
An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images When Wall Street analysts take a more bullish stance on a particular stock, it could mean that the name is undervalued and has room to run. The stocks
Chris Doyle, President and CEO at Billd, 120-Day Terms on Material Purchases for Commercial Contractors. The real estate business is complex — there’s no question about it. Consider the tasks real estate developers oversee regularly, from researching and finding the right piece of land to purchase, to financing the deal, to working with contractors and builders
Men relax on the sidewalk in this rural Delta community on April 27, 2021 in Greenville, Mississippi. Spencer Platt | Getty Images Mississippi state health officials issued new guidance on Friday that calls for state residents over the age of 65 and immunocompromised residents, vaccinated or unvaccinated, to avoid any indoor mass gatherings for the
If a student invested $1,300 in Netflix stock in 2014, after three years they would have $4,527. Jill Brady | Portland Press Herald | Getty Images Teenagers haven’t had a better summer for employment since 1953. In June, the unemployment rate for teenagers aged 16 to 19 was 9.9%, the lowest it has been since
It may have taken four years, but Kelly Clarkson has finally sold her lakefront mega mansion in Hendersonville, Tennessee for $6.3 million. The original listing price was $8.75 million in 2017 with the most recent reduction early this year to $7.49 million. The singer, songwriter and talk-show host still raked in a profit, as she bought
Americans are merely days away from the launch of the new Child Tax Credit on July 15, 2021. While the credit has been around since the Clinton Administration, the version from the Biden Administration is projected to have a significant impact on the country. From helping middle class families save for childcare and college to helping lower
There’s no need for Covid booster doses right now, the dean of Brown University’s School of Public Health said Friday, as highly transmissible, new variants test the protections of the available vaccines. “Let me tell you where we are: the data is very clear, if you’ve gotten your two shots of Moderna or Pfizer or
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