In a recent story, we examined the average rent in Chicago and how it’s changed over time. In that analysis, we found that Chicago’s average rent had reached its highest point ever. Now, we’re turning to the average rent in Boston, and it too has reached historic heights in late 2022. Evaluating data sourced from
Month: January 2023
FIA President Mohammed Ben Sulayem at the F1 Grand Prix of Bahrain on Mar. 20 2022. Mark Thompson | Getty Images Formula One bosses have accused FIA president Mohammed Ben Sulayem of “unacceptable” interference in the alleged sale of the sport. After reports of a $20 billion (£16.3 billion) Saudi Arabian bid to buy F1’s
BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according to financials that
Bill Gates spends a lot of his time sounding the alarm over existential global threats, like climate change and future pandemics. Yet the billionaire Microsoft co-founder and philanthropist says he’s still “very optimistic” about humanity’s future on Earth. Even with challenges facing current and future generations, Gates says anyone born in the next few decades
Drakula & Co. | Moment | Getty Images Tax season officially kicked off for individual filers on Jan. 23. This year’s tax deadline is April 18 for most filers. Although the IRS expects to start the filing season stronger, taxpayer service improvements may take time as the agency hires and trains more workers. In the
Source: Getty Images Rising credit interest rates have made it even more expensive to carry debts. But a proposal in Congress that would cap rates on consumer loans at 36% may not be an effective way of curbing those higher costs of borrowing, according to new research from the Urban Institute’s Financial Well-Being Data Hub.
SECURE 2.0 improves Roth retirement options, including allowing employer matching contributions direct to a Roth retirement plan and delays Required Minimum Distributions (RMDs) for many. On December 29, 2022, as part of the omnibus spending bill, President Biden signed into law the SECURE 2.0 Act of 2022 (SECURE 2.0). The law contains significant changes to
Professor Diane Kemker of DePaul College of Law shares her argument for more coverage of the earned income tax credit in tax law casebooks to improve inclusivity. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
Madison Square Park is one of New York City’s famous parks. Never heard of it? That’s how the locals like it. The square, which played host to magnificent mansions along Fifth Avenue in the mid-19th century, quickly became the heart of one of the city’s exclusive neighborhoods. It still is. The 20-story building at 212
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Rupert Murdoch has withdrawn his proposal
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft issued a disappointing revenue forecast for the current quarter in its earnings call on Thursday, causing a reverse in the stock price after the shares initially rallied on better-than-expected earnings for the December quarter. The technology company saw a dropoff in business at the
In this article MSFT CNR-CA COF TXN Follow your favorite stocksCREATE FREE ACCOUNT A building with offices belonging to Microsoft is seen in Chevy Chase, Maryland, January 18, 2023. Saul Loeb | AFP | Getty Images Check out the companies making headlines after the bell: Microsoft — The tech giant saw shares rise 4% in extended
Michelle Yeoh in “Everything Everywhere All at Once.” Source: imdb Few things are more frightening for everyday taxpayers than a possible IRS audit. But experts say tax exams may be different than what’s portrayed in the movies. In the Oscar-nominated film “Everything Everywhere All at Once,” a Chinese-American couple (played by Michelle Yeoh and Ke
pcess609 If you’re expecting a refund this season, it’s critical to file a complete and accurate tax return to avoid “extensive processing” and delays, according to the IRS. One of the keys to error-free filing is including all your required tax forms, known as information returns, which employers and financial institutions send yearly, with copies
Alexander Spatari | Moment | Getty Images With the fate of the Biden administration’s sweeping student loan forgiveness plan uncertain and headed to the Supreme Court, borrowers in New York state may have another option for relief. The ‘Get On Your Feet’ Loan Forgiveness Program, rolled out in 2015, is meant to “invest in recent
Has SECURE 2.0 been over-hyped? Or will it prove to be a game-changer? Financial professionals are split on the issue. But there’s one thing for sure: there are a few things you can expect to take advantage of sooner than you think. Much has been made of the ability to create a “Backdoor” Child IRA
Inflation is on the mind of everyone these days, even the tax authorities. At the start of every year, the IRS and the Social Security Administration adjust key numbers in federal tax-law provisions for inflation. Some of these modifications are crucial for employees, their paychecks, and their planning. However, the US federal tax code is
That which doesn’t kill you makes you stronger. For many of us, swimming underneath ice for 216 feet or running a half marathon above the Artic Circle barefoot sounds quite deadly. For endurance athlete Wim Hof, cold therapy is a pathway to greater health. “Frequent exposure to cold is linked to a number of different
Michelle Yeoh in “Everything Everywhere All at Once.” Source: imdb The nominations for the 95th annual Academy Awards were announced Tuesday morning, and it looks like a genre-blending comedy-drama set in the multiverse is the favorite to win big at March’s ceremony. “Everything Everywhere All at Once” dominated nominations for major categories, showing up in
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber Freight Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count. The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message viewed by CNBC. They are the first layoffs since 2020,
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