If you have a question like this one, send it in. I’ll tackle case studies that have educational value. “I am anxious to pay off my mortgage since, with the current standard deduction, there is no advantage in claiming mortgage interest. “My wife and I are retired. I am 72, with a pension along with Social Security, and have $850,000
Month: January 2022
Demand for second homes was up 77% from pre-pandemic levels in December, according to a new report from Redfin, the technology-powered real estate brokerage. This represents a slowdown from the 80% surge in November and the record 92% gain in January, but up significantly from the 2021 low in August. The popularity of second homes skyrocketed
CNBC’s Jim Cramer on Friday outlined his game plan for next week after Wall Street concluded its first five trading sessions of 2022. The “Mad Money” host said it’s “a bit of an odd time” for markets right now, “almost as if many stocks have to take their medicine and then get back on track. ”
InterContinental Shanghai Wonderland, a luxury hotel developed by Shimao and managed by IHG, opened in 2018 and is pictured here on Oct. 11, 2020. Costfoto | Future Publishing | Getty Images BEIJING — One of China’s healthiest real estate developers has reportedly defaulted, a sign of how more pain is ahead for the heavily indebted
In this article VORB Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Richard Branson’s satellite-launching company Virgin Orbit brought a rocket to show off in New York City on Friday, as it celebrated going public. “There’s a rocket in Times Square; but there happens to be [another] one
In this article KALU brightstars | E+ | Getty Images Beginning this month, a new law that was years in the making bans certain unexpected medical bills. However, advocates say it’s important for consumers to still be on the lookout for these charges and to know what steps to take if they get hit with
By Michael Lubell, Next Avenue Roughly three years ago, a journalist friend of mine explained to me that I was transitioning from a full-time employee to a gigger. And I wondered, what the hell is that? He explained that it’s when you go from temp job to temp job in an attempt to earn what you
Today’s release of the December employment report showed positive job growth, although below some forecasts. At the same time, the unemployment rate fell below 4% for the first time since the pandemic began. So don’t be disappointed by the jobs number—the labor market is strong, and today’s report is good news for the economy. Cecilia Rouse, Chair of
Jon Landau, the producer of Titanic and Avatar, has put his property in Islamorada, Florida on the market for $13.9 million. The waterfront property is currently the most expensive listing in the village of six islands just 90 minutes south of Miami. The stunning property encompasses almost four oceanfront acres. At the entrance, an exceptional
A protester holds a banner at a rally against mandates for the vaccines against the coronavirus disease (COVID-19) outside the New York State Capitol in Albany, New York, U.S., January 5, 2022. Mike Segar | Reuters The Supreme Court on Friday is poised to hear oral arguments in two cases challenging the Biden administration’s Covid
In this article GME A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares jumped on Friday after news that the video game retailer is planning to create a marketplace for nonfungible tokens,
In this article VOYA Nearly 1 in 5 Americans admit they saved no money at all in 2021, according to a survey by MagnifyMoney. Saving can be especially difficult for low- and middle-income consumers. Of those making $35,000 or less a year, nearly one-third of respondents said they saved no money at all last year,
In this article C Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018. Brendon Thorne | Bloomberg | Getty Images Citigroup will be the first major Wall Street institution to enforce a vaccine mandate by terminating noncompliant workers by the end of this month. The bank
bojanstory | E+ | Getty Images This year may be your chance to get a big raise. As employers try to retain talent amid the “Great Resignation,” many of them expect to pay more in salaries and/or bonuses. In fact, 51% of human resource leaders in the U.S. said their organization expects average merit increases
Has your financial firm inquired lately about you naming a “trusted contact”? There has been a recent renewed effort by the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA), along with the U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy (SEC OIEA), to encourage financial firms to
Swiss design is finding a hand-in-glove fit on the snow-strewn slopes of Breckenridge, Colorado. Set on the last available site in a ski-in/ski-out luxury subdivision in the Peak 8 area, a precision-built home currently under construction provides a modern take on traditional alpine mayen, the chalet-style mountain cabins that date back almost 300 years. High
Millions of people canceled their travel plans in 2021 as Covid-19 halted international trips around the world. Renee Miller and Tim Beissinger were not among them. The pair are “thru-hikers,” a term which describes a style of hiking that starts and ends in different places, while often covering long distances. Rather than staying at home,
U.S. stock index futures during early morning trading on Friday, ahead of the key jobs report release. Futures contracts tied to the Dow Jones Industrial Average gained 70 points. S&P 500 futures advanced 0.18%, while Nasdaq 100 futures added 0.07%. During regular trading Thursday the Dow fell 170 points, or 0.47%, while the S&P declined
A 105,000-square-foot megamansion, known as “The One,” in the Bel Air section of Los Angeles listed Friday for $295 million, making it the most expensive listing in America. The property, which has been a decade in the making, would be the most expensive home ever sold in the U.S. if it gets its asking price
In this article SPCE Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Shares of space tourism company Virgin Galactic fell below $11.75 in trading
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