At Berkshire Hathaway’s annual shareholders meeting in 2011, billionaire investor Warren Buffett was asked what he thought about the contentious negotiations happening in Congress over whether or not to raise the debt ceiling. His response: failing to raise the debt ceiling would be a massive mistake. “It would probably be the most asinine act that
Month: October 2021
Halfpoint Images | Moment | Getty Images If you have student loan debt, you may be able to get help paying it down through your employer — or find one that does. More than 44 million Americans are weighed down by student debt, owing a collective $1.7 trillion. Now as the “Great Resignation” gains steam
Bidding farewell to Los Angeles, Matt Damon listed his Zen-inspired Pacific Palisades mansion for sale in January for $21 million. With no takers, the actor recently cut the price to $17.9 million, and it sold in a couple of weeks. Situated on the same premier street that his friend, Ben Affleck, still calls home, Damon’s
In this article TSLA The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images U.S. fintech start-up Upgrade is set to enter the increasingly crowded buy now, pay later market. Upgrade, which was founded by former LendingClub boss Renaud Laplanche in 2016, is a digital banking start-up that
It’s the year of the penthouse in Manhattan, with the upper-crust shelling out record prices for the highest floors of the city’s luxury towers. More than 500 New York City penthouses are likely to sell this year, which would be the largest number since 2007, according to the Corcoran Group. Penthouse 90 at 35 Hudson
The pandemic is not over, but many of us made travel plans long ago, hoping it would be over by this time. Delayed events, rescheduled celebrations and other family gatherings are still on the calendars of families and aging loved ones. Time has passed since the first thoughts of getting together in person, traveling from
FatCamera | E+ | Getty Images A sweeping new legislative proposal on Capitol Hill could give Congress a rare opportunity to address an issue that has long been on the backburner – paid family leave. Today, only some workers have access to paid time off to care for their loved ones or their own medical
Living amongst natural beauty is no longer just for ascetics in cabins—luxury housing options are popping in nature-adjacent towns all over the country from Northern California to western Colorado to South Carolina. The increase comes as more Americans seek alternatives to the fast-paced lifestyles of big cities and long for the tranquility of smaller cities
Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM In 1962, when the first James Bond film “Dr. No” was released in cinemas, a ticket cost just 70 cents. Nearly 60 years later, the average ticket price is around $9 and the dashing 007 is making his 25th appearance on the
In this article GOOGL The logo for Google Pay displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images At least one tech giant has decided it’s better to serve banks rather than taking them head on. Google is shuttering its bank account product nearly two years after announcing ambitious plans to take
Private jet fliers are facing increasing delays, cancellations and lack of available flights as the industry struggles to serve a record number of new fliers, while facing supply chain troubles. July was the busiest month ever for private jet flights, with more than 300,000 flights, according to Argus International. While business usually cools in the
Monty Rakusen | Image Source | Getty Images Company: Huntsman Corp. (HUN) Business: Huntsman Corp. is a global manufacturer of differentiated organic chemical products. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Performance Products segment manufactures amines and maleic anhydrides, including ethylene oxide, propylene oxide, glycols, ethylene dichloride,
By Kerry Hannon, Next Avenue In April, after 17 years at Fidelity Investments, personal finance editor David Conti, 61, opted for an early retirement buyout package. Conti, who lives in Hampton Falls, N.H. and is now a retirement editorial marketing consultant and freelancer, credits his smooth second-act transition in part to working with a career coach
Anna Moneymaker | Getty Images News | Getty Images President Joe Biden’s $3.5 trillion economic agenda — and the social spending it would usher in — has few parallels in modern U.S. history. The New Deal era of the 1930s and the Great Society of the 1960s are its closest comparisons, according to economists and
Properties priced at around $5 million tend to have extraordinary features, including high-end design and stunning views. This collection of properties has all that, plus some unique features that make them stand out. An English manor in L.A. Location: San Marino, California Price: $5.245 million Elegant proportions and brick siding lend an English manor-like quality to
Rivian Automotive, a company developing electric vehicles, including commercial delivery vans for Amazon, filed for an initial public offering on Friday. The company aims to trade on the Nasdaq under the ticker symbol “RIVN.” Its paperwork shows a $994 million net loss on zero revenue in the first six months of 2021. In 2020 the
In this article COTY ZM MRK DIS RIDE WFC Check out the companies making headlines before the bell: Merck (MRK) – Merck shares surged 7.5% in the premarket after it announced that its experimental Covid-19 pill cut the risk of death and hospitalization by 50% in a late-stage study. Merck plans to file for emergency
Gary Vaynerchuk holds a “VeeFriends” token, which is part of his part of his first NFT collection. Source: VeeFriends | Gary Vaynerchuk Christie’s on Friday auctioned five art works that were created by entrepreneur Gary Vaynerchuk for his VeeFriends NFT collection. The price tag? Just over $1.2 million. “It feels like an out-of-body-experience,” Vaynerchuk told
By Nancy J. Altman, Next Avenue When people think of paid family and medical leave, they often think of parents taking time off to bond with their newborns. As important as that is, an often-overlooked group that also urgently needs a robust system of paid leave is older Americans — even those who are retired. Congress