Month: November 2021

Amazon.com Inc. packages sit in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data released Tuesday by Adobe Analytics. This year’s tally marks the first time that Adobe has
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Camille Tokerud Photography Inc. | Stone | Getty Images Your elderly mother is getting forgetful and confused. What do you do now? “Waiting until a senior’s decline is evident may already be too late,” said certified financial planner Ralph Bender, founder of Enduring Wealth Advisors in Temecula, California. When is the right time for adult
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Shoppers carry purchases from a Best Buy store on Black Friday in San Carlos, California, U.S., on Friday, Nov. 26, 2021. Bloomberg | Bloomberg | Getty Images Before you grab that great deal through a store’s special financing offer, make sure you know what you are signing up for. About half of retailers offer credit
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Ever since the coronavirus pandemic reached the United States, baby boomers have been accelerating their retirement plans, and many Americans have been migrating to new states. For retirees, the non-financial considerations often revolve around weather, proximity to grandchildren, and access to quality healthcare and other services. However, if you are retired and no longer generating
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The House passed the Build Back Better Act (BBBA) on November 19, 2021 and sent the bill to the Senate, where it will languish until it doesn’t. It will almost certainly be picked over and re-negotiated, but nothing is likely to happen until other government priorities are resolved, like the short-term spending bill that is
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The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents and service professionals, announced today their close of a Series B raise bringing the company’s valuation to over $1 billion. This latest raise, of $170 million, was led by Fifth Wall with participation from
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Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In addition, millennials were more likely than their older coworkers to
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Washer/dryer now allowed! Few sentences in a listing description cause so much excitement for Manhattan apartment seekers. But in a land where nearly three-quarters of the residential sales market is in co-operative buildings that typically don’t allow them, this phrase alludes to better times ahead. One simple amenity can create excess value within the market
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Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus
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Chinnapong | iStock Editorial | Getty Images Cryptocurrency investors may face higher taxes as the infrastructure bill cracks down on future IRS reporting, financial experts say. The $1.2 trillion deal calls for mandatory yearly tax reporting from digital currency brokers starting in January 2023 to help pay for President Joe Biden’s domestic spending agenda.  The measure may bring in
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