When Congressional Democrats began the legislative process to enact President Biden’s Build Back Better agenda last month, Sen. Bernie Sanders insisted on adding a costly expansion of Medicare benefits to the bill. But a new report from the program’s trustees makes clear that this expansion would be unwise: Medicare is already expensive and growing faster
Month: September 2021
kool99 | iStock | Getty Images Life without student loan payments has come to feel normal for many. Borrowers, after all, haven’t needed to make a payment on their debt since March 2020, or for nearly a year and a half. But when the White House announced its most recent extension of the break last
As New York City begins a revival, the 1 Hotel in Brooklyn Bridge isn’t simply one of the hottest places for tourists to stay, it embodies everything about Brooklyn that locals love. LEED Gold Certified and designed by INC Architecture and Design, this hotel goes above and beyond even the highest standards of sustainability. With some of the
In this article DIS Simu Liu stars as Shang-Chi in Marvel’s “Shang-Chi and the Legend of the Ten Rings.” Disney When “Shang-Chi and the Legend of the Ten Rings” debuts in theaters Friday, it will be the first time a Marvel film will be shown exclusively in cinemas since the pandemic began, but it is
A Chinese bank clerk counts yuan banknotes at a bank in Huaibei, east Chinas Anhui Province, July 6, 2012. Jie Zhao | Corbis News | Getty Images BEIJING — Chinese investors are turning to the local stock market as once-lucrative options like real estate and cryptocurrencies have fallen under tighter government scrutiny. Since late July,
By Mark Ray, Next Avenue If you hate Zoom meetings, imagine how Heidi Carles, 56, of Bernville, Pa., feels. Carles, an auction lead, cataloger and photographer for an online auction company, has hearing loss, which makes videoconferencing challenging at best. Early in the pandemic, Carles often struggled during calls that included dozens of co-workers. Between the
Today’s column addresses questions about how even with the deeming rules, it can still be possible to receive only retirement benefits before later spousal benefits, survivor’s benefit rates is the record holder dies before claiming and how the WEP and the GPO work. Larry Kotlikoff is a Professor of Economics at Boston University and the
Photo: Image Source | Getty Images When you’re in your 20s, retirement saving may not be the first goal on your financial checklist — if you even have one. Yet starting to save for retirement as early as possible can set you up for success in the long-term. “It’s totally understandable, because it’s tough when
There’s an unexpected find inside this architecturally appealing villa in San Pedro de Alcantara, Malaga, Spain. The second level of the double-height living room is lined with hundreds of books accessed by clear banister catwalks that lead to the loft library’s reading area. Exposed heavy wooden beams and crossbars embellish the vaulted ceiling. José Ribes Bas of
Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying founder Richard Branson on July 11, 2021. Virgin Galactic The Federal Aviation Administration grounded Virgin Galactic on Thursday, as the federal regulator investigates the company’s
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Thursday as investors geared up for August’s jobs report. Dow futures rose just 4 points. S&P 500
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, Calif. — A jury of seven men and five women will decide
By Al Emid, Next Avenue There’s a growing phenomenon in the stock market — “fad investing” — and it’s something you don’t want to do with your money. Fad investing means buying a stock just because some type of activity is trending, regardless of the prospects of the actual company issuing the stock or any serious underpinnings behind
The Employee Retention Credit (“ERC”) is providing a meaningful (and immediate) tax benefit to tens of thousands of small and medium-sized businesses (as well as tax-exempt entities) across the country as business owners seek to keep their doors open and make new hires in the face of the pandemic. As business owners and charity leaders
salihkilic | iStock | Getty Images The federal government’s subsidized health insurance coverage for those unemployed during the coronavirus pandemic, facilitated through the Consolidated Omnibus Budget Reconciliation Act, or COBRA, will end this month. As a result, if you’ve been using that option, health advocates say now is the time to start thinking about other
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. In early July 2021, Fannie Mae confirmed something that most real estate professionals already knew: Buyers and sellers are currently on a very different page. Over half of buyers (64%) think it is now a bad time to buy.
In this article QSP.UN-CA QSR-CA A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Burger King is taking its rewards program nationwide amid a broader push from the Restaurant Brands International chain to invigorate its U.S. business. The chain is on track to have two-thirds of
In this article AEO A shopper walks past an American Eagle store in the mall. Tim Boyle | Getty Images News | Getty Images American Eagle on Thursday posted mixed fiscal second-quarter results, as earnings topped analysts’ estimates but sales came up short as its e-commerce business decelerated compared with the prior year. The company,
In this article CHPT CHWY SIG HRC LE HRL Check out the companies making headlines before the bell: Hormel (HRL) – The food producer reported adjusted quarterly earnings of 39 cents per share, matching forecasts, with revenue coming in above estimates. However, Hormel gave a weaker-than-expected full-year outlook, noting the impact of higher costs, although
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images A jury in the Elizabeth Holmes fraud trial is expected