Olena Ruban | Moment | Getty Images Cannabis industry investors have been treated to a series of legislative catalysts over the last three years that have moved equity valuations. Notable moments include Canada’s federal adult-use implementation, the election of President Joe Biden, and the Georgia Senate run-off in January. Additionally, the state-by-state legalization movement is
Month: July 2021
A handful of the largest U.S. public pensions, such as CalPERS and STRS Ohio, facing increased public scrutiny claim that their compliance with voluntary standards developed for the money management industry—the Global Investment Performance Standards—enhances their integrity and transparency. Pension stakeholders should not be fooled. In 2018, California Public Employees’ Retirement System (CalPERS), the largest
Miami Herald | Tribune News Service | Getty Images There are no signs that Congress plans to send a fourth stimulus check to Americans. Still, many individuals and families are clamoring for more money. A Change.org petition calling for $2,000 per month for every adult American, as well as $1,000 per child, that was started
Last week, I hitched a ride through the far suburbs of Washington, DC in a Tesla Model 3, entered a newly built subdivision where we found a row of townhomes and pulled into the garage of the first one. The car was plugged into the electric vehicle charger that was drawing from the nine-kilowatt solar
If you face a tax audit and can legitimately point to the statute of limitations to head off trouble and expense, you should. Why should you have to prove you were entitled to a deduction — or find and produce receipts — if it’s too late for the government to make a claim? Rules are
Scott Heaney | iStock | Getty Images The U.S. Department of Energy has announced that as much as $27 million in federal funding will be provided for research and development projects focused on wave energy. In the latest attempt to encourage innovation within a sector that has a very small footprint compared to other types
Tourists visit the Wall Street bull statue in the Financial District, New York City. Drew Angerer | Getty Images U.S. stock futures opened slightly lower Tuesday night after the S&P 500 ended a seven-day winning streak, its longest since August. Dow Jones Industrial Average futures fell by 66 points, or 0.19%. S&P 500 and Nasdaq
In this article OMEG A set of SkySat satellites before a launch. Planet Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange. Planet Labs is combining with special purpose acquisition company dMY Technology Group
The Great Resignation and the future of work is just one indicator of something larger happening in a post-pandemic society – we are undergoing a Great Reframing of life’s choices and behaviors redefining how we view work and everything else. Keith worked for the same real estate firm for many years. “I was their numbers
Tara Moore | Getty Images Most Americans are worried that Social Security will run out in their lifetimes, and those fears have only gotten worse amid the Covid-19 pandemic. That’s according to a survey from financial services company Nationwide, which found that 71% of adults felt that way. Fears about the benefits program were highest
When well designed and built with quality materials, classic homes never go out of style. They can look as fresh down the decades as they did the day they were built. This Monterey Colonial-influenced mansion in La Jolla, California, has such a timeless appearance. Hallmarks of the style include the second-floor balconies that face a
Today’s column addresses questions about filing first on a spouse’s benefits and then for retirement benefits, filing for retroactive retirement benefits after first taking spousal benefits and whether it’s worth taking the option at 70 to file six months retroactively. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
In this article 175-HK Lotus Emira Lotus Lotus on Tuesday unveiled a new mid-engine sports car called the Emira as its “last hurrah” with internal combustion engines before the famed luxury automaker transitions to electric vehicles. The Emira will go on sale next spring starting at under $85,141 (72,000 euros), according to Lotus. It will
The U.S. and China flags stand behind a microphone awaiting the arrival of then-U.S. Senator John McCain for a press conference at the U.S. Embassy in Beijing on April 9, 2009. Frederic J. Brown | AFP | Getty Images BEIJING — The U.S. and China can co-exist peacefully, and that the relationship should not be
In this article PDD 9988-HK 9961-HK 9618-HK TME DIDI WB The U.S.-traded shares of prominent Chinese companies were under pressure on Tuesday after the Asian country’s officials launched a cybersecurity review of Didi, fueling concerns about government risk to Chinese stocks. Shares of Tencent Music Entertainment fell more than 7% in early trading, while JD.com,
As you transition into retirement, it’s a good idea to adopt strategies that help protect you from significant financial losses in your later years due to mistakes, financial exploitation from unethical friends and relatives, and fraud. The recently released “Thinking Ahead Roadmap” helps you select a financial advocate who can assist you in managing your money
Peter Cade | Getty Images While inheriting money is typically a good thing, newer individual retirement account rules may leave some heirs with a smaller windfall. Thanks to the Secure Act of 2019, certain heirs now have less time to take IRA withdrawals. The law stopped the so-called stretch IRA, which allowed non-spouse beneficiaries to
Porcelain tile has numerous wellness design benefits, and will be a featured material at the annual Coverings expo opening tomorrow in Orlando (and online for those not traveling there). Coverings bills itself as the largest tile and stone products trade show in North America and is jointly sponsored by the ceramics industry associations of
You can stumble across some interesting things on the internet. I recently encountered a Twitter thread related to the OECD’s pillar 1 proposal, which provided thoughtful insights that are worth sharing. The thread examined how pillar 1 would affect various nations in terms of net revenue gains or losses. That’s no trivial matter. The OECD project envisions billions of dollars in
ESPN Host Rachel Nichols goes on camera after the Phoenix Suns game against the LA Clippers during Game 5 of the Western Conference Finals of the 2021 NBA Playoffs on June 28, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Michael Gonzales | National Basketball Association | Getty Images ESPN took action — a year
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