Month: November 2022

Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would do best by
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Consumers spent a record $9.12 billion online shopping during Black Friday and another record $11.3 billion on Cyber Monday, according to the most recent data from Adobe. So far this November, consumers have spent $107.7 billion online overall, up nearly 10% from last year. Yet roughly 60% of Americans were living paycheck to paycheck heading into the month. “Shoppers
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Perched on a forested mountainside, this contemporary villa overlooks Lake Maggiore on the Swiss and Italian border. Along the shore below is the sophisticated resort town of Stresa, Italy, where luxury villas and art nouveau hotels line the water. The snow-capped Alps loom in the distance. Built in 2003 and completely renovated last year, the
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Donating appreciated stock to charity can be a great way to give back and reduce your tax bill. Taxpayers who itemize get a tax deduction for the market value of the stock. Unlike regular stock sales, when giving stock, there’s no capital gain. The charity receives the full value of the stock (usually in cash).
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The BlockFi website on Nov. 17, 2022. Gabby Jones/Bloomberg via Getty Images Crypto firm BlockFi filed for bankruptcy Monday, the latest cryptocurrency domino to fall after the collapse of FTX two weeks ago threatened to destabilize companies in the broader crypto ecosystem. BlockFi offers a cryptocurrency trading exchange and interest-bearing custodial service for cryptocurrencies. The
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The recent collapse of the global cryptocurrency markets has exposed many previously hidden dangers related to these blackbox investments. Growing secrecy at our nation’s public pensions has turned these retirement plans into blackboxes themselves. Public pension officials have agreed to be kept in the dark about how much they’re poised to lose in cryptocurrency investments
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The COVID-19 pandemic-induced push into working from home (WFH) now seems to be a permanent part of the labor market, according to some experts. But others think business cycles and employer needs may eventually push more people back into the office. While WFH is clearly important now, it could change, given the divergent interests of
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