Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two years. A full recovery may be a couple years away, but Deloitte is forecasting 55% of business travel will be back
Month: May 2022
Getty Images I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the federal government, are nearly risk-free and inflation-protected, with rates changing every six months based on the consumer price index from the U.S. Bureau
Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, September 28, 2021. Kevin Dietsch | Pool | Reuters A bill to change Supplemental Security Income benefits for
There is a lot of discussion around the favorable benefits of Roth IRAs, but for many higher-earning Americans, contributions to Roth IRAs are out of reach. The IRS begins limiting contributions to individual Roth IRAs at higher income levels (the current maximum income for eligibility is $144,000 per year for a single filer). However, there
West Virginia Senator Joe Manchin set off environmentalists last week when he said tax credits to subsidize the purchase of electric vehicle (EV) tax credits are “ludicrous.” His argument: It makes no sense for government to subsidize EV purchases when demand for the vehicles far exceeds supply. In the short run, Manchin is right. But
First Period houses are the timber-framed dwellings built by the 17th century settlers of the New World who relied on a medieval building style already out of fashion in the Old World. They were the building style of New England from the period following the initial settlement of the English in Massachusetts in 1620 to
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan’s industry minister said on Friday. Kiyoshi Ota | Bloomberg |
In this article PFE Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer on Tuesday slashed its 2022 earnings guidance, despite reporting first quarter results that beat on the top and bottom line due to strong Covid
MoMo Productions Many parents intend to teach their children to have a healthy relationship with money but end up falling short — even though a majority say personal finance lessons are best taught at home. Some 83% of adults say parents should teach their kids about personal finances, according to a CNBC + Acorns Invest
D-keine | E+ | Getty Images Money, for all the opportunities it affords, can be a major source of stress and anxiety if you’re not used to having it. Coming into sudden wealth, whether via inheritance, a career windfall or luck in the lottery, can create serious emotional and financial challenges for people who have
In this article AMP Luis Alvarez | Digitalvision | Getty Images In my long career of recruiting experienced financial advisors, I’ve seen how different economic cycles have impacted retention and attrition. In times of uncertainty, advisors crave stability and want to work with a firm with the financial foundation to weather the storm. Alternatively, when
Getty Images The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are generating and managing an increasing amount of wealth in the U.S. Meanwhile, closing the gender gap has been one of the major financial initiatives in America over the
When looking to buy a house or just needing some quick cash, it’s not uncommon for people to look to their retirement accounts for easy money. I usually advise against this and feel it can cause more damage to your financial security than good, and I’d like to explain why. Spoiler alert: we’re going to
Share to Facebook Share to Twitter Share to Linkedin A few days ago, Senate Majority Leader Chuck Schumer (D–NY) unveiled his solution for rising prices: higher taxes. This episode of What’s Ahead lays out why Schumer’s nostrum is the economic equivalent of doctors who centuries ago thought bleeding patients was a great cure for all
The client breathlessly shows her designer photos from a recent resort vacation, asking, “I loved this in our hotel bathroom; can we get one for our shower here?” It’s a question that has been posed by thousands of clients for dozens of years. It’s one I heard in more than a decade of designing residential
Supreme Court Police officers set up security barricades outside the U.S. Supreme Court in Washington, DC. Drew Angerer | Getty Images The Supreme Court is poised to overturn the constitutionally protected right to abortion ensured by the nearly 50-year-old Roe v. Wade decision, according to a leaked initial draft of the new opinion obtained by
In this article BABA Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Alibaba’s Hong Kong-listed shares were about 1% lower Tuesday — after earlier falling more than 9% —following unconfirmed rumors that linked the company’s founder Jack Ma to a national security investigation. Chinese state media reported earlier in the morning that
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country where I don’t speak the language. Administrative matters — such as Covid tests, vaccination certificates and health declarations — would be
Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the U.S. Department of the Treasury announced
President Joe Biden returns to the White House from a day trip to Minneapolis on May 1, 2022. Stefani Reynolds | AFP | Getty Images President Joe Biden recently said that he’d be making his decision around student loan forgiveness within weeks. That means borrowers uncertain of the future of their debt, who’ve been hearing