In this article SPIR Spire CEO Peter Platzer rings the opening bell of the New York Stock Exchange (NYSE) during their listing in Manhattan, New York City, U.S., August 17, 2021. Andrew Kelly | Reuters Small satellite builder and data specialist Spire Global began trading on the New York Stock Exchange on Tuesday, becoming the
Month: August 2021
krisanapong detraphiphat | Moment | Getty Images About 1 in 3 of the lowest-income families have a savings account, according to research published Monday by the Consumer Federation of America, a consumer advocacy group. Thirty percent of households in the bottom fifth — those who earn less than about $26,000 a year — owned a
My mother used to say, “If I put $1 away every time (blank) happened, I could have retired by now.” Today, we could fill in the blank with, “the Centers for Medicare and Medicaid Services (CMS) touches the Plan Finder and there are new problems.” Since its introduction in August 2019, I have written a
Today’s column addresses questions about whether previous cost of living allowances (COLAs) apply to spousal benefits taken later, whether earlier COLAs apply to widow’s benefits and taking disability benefits before widow’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask
In this article ROST GCShutter | E+ | Getty Images The entire cryptocurrency market climbed to more than $2 trillion over the weekend for the first time since mid-May. Bitcoin, one of the more popular digital offerings, also surged to more than $48,000, though it has already lost some of those gains. If you’re like
Founder and CEO of Rentec Direct, property management software for real estate professionals. The simplest way for landlords and property managers to decrease vacancy rates at their rental properties is to maximize renewal rates. If you’ve found great tenants who pay rent on time and respect your property, avoid the overhead and stress associated with tenant
In this article HD Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot is preparing to report its fiscal second-quarter earnings Tuesday before the market opens. Here’s what Wall Street is expecting,
In this article ETH.CM= BTC.CM= A visual representation of bitcoin. STR | NurPhoto via Getty Images LONDON — Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times the $1.2 billion Bitpanda was worth in its last private
1995 McLaren F1 Photo: Mike Maez | Gooding & Co. A McLaren F1 was auctioned at Pebble Beach on Friday night for $20.5 million, showing the continued strength of the classic car market. Gooding & Co. auctioned off the rare McLaren F1 to a packed and excited crowd, blowing past its estimate of at least
In this article CYXT A data center. Erik Isakson | DigitalVision | Getty Images Company: Cyxtera Technologies Inc. (CYXT) Business: Cyxtera is a global leader in the data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises
The internet can be quite a useful yet massively confusing place. Searching for instructional videos on saving for retirement with an Individual Retirement Account (IRA) generates more than 450,000 hits. That is a lot of information. It is also way too much information for people who have regular jobs as hair dressers, dentists, home care
It’s no secret that the IRS is after crypto in a big way, with warnings, a series of cryptocurrency John Doe Summonses served on exchanges and even a crypto question on every tax return. Selling crypto can obviously trigger taxes, but even buying something with crypto can trigger taxes. In fact, even paying taxes in crypto can
Luke Sharrett/Bloomberg via Getty Images Employment among the lowest-paid Americans has flat-lined at a level well below its pre-pandemic baseline — even as mid- and high-wage workers have more than recovered. Jobs for workers who earn less than $27,000 a year were down about 22% as of July 23 relative to mid-January last year, according
Kathy Kuo is a true interior design powerhouse. At the beginning of her career, the Rhode Island School of Design graduate started making a name for herself on interior design television shows. She moved on to design furniture and textiles for a luxury importer. Then, she created a a line for renowned publisher Assouline Books. Today, Kuo
Mineral-stained rocks are shown at Echo Bay on June 21, 2021 in the Lake Mead National Recreation Area, Nevada. Ethan Miller | Getty Images The U.S. government on Monday declared the first-ever water shortage at Lake Mead, the nation’s largest reservoir by volume, after water levels fell to record lows amid a decades-long drought. Water
In this article HD Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock index futures were slightly lower during overnight trading Monday, after the Dow and S&P 500 closed at record highs during regular trading. Futures contracts tied to the Dow Jones Industrial Average dipped 24 points. S&P 500 futures
Former Theranos CEO Elizabeth Holmes exits a status hearing for her upcoming criminal fraud trial. SAN JOSE, CALIF. — Elizabeth Holmes’ attorneys on Monday requested that they be allowed to ask jurors about bias and exposure to Holmes’ “profession and celebrity” when jury selection begins later this month in her criminal fraud trial. “When there
In this article POSH VRRM PLUG TTD SQSP Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Finding fresh investment opportunities in the current financial environment isn’t easy, to say the least. However, following the recommendations of analysts who consistently get it right is one way to find compelling plays that may be
Hector Pertuz | iStock | Getty Images If you’re handling the financial affairs for an older person who has died, you may wonder how the government knows to stop sending Social Security payments. Or maybe there’s a surviving spouse or dependent who is hoping those benefits can continue. Although Social Security rules can be complicated,
The FBI’s investigation into alleged false investment performance at the $67 billion Pennsylvania Public School Employees’ Retirement System may suggest law enforcement is finally focused upon public pension shenanigans. That’s not likely. If you want to understand how pension looters and high-level investment scammers frequently escape prosecution, begin with studying the legal and regulatory structure
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