Suze Orman Nathan Congleton | NBC | Getty Images The recent failures of Silicon Valley Bank and Signature Bank have made a recession more possible — and that means it’s more important than ever to have emergency savings set aside, according to personal finance expert Suze Orman. “Because of what is happening with banks, it
Month: March 2023
By Laurence J. Kotlikoff, Next Avenue Social Security’s Earnings Test tops my list for our government’s most senseless and personally financially destructive policy. The Earnings Test is a massive tax that isn’t. It’s a tax that’s levied and then secretly returned making no money on balance for the government (as measured on an actuarial present
Facebook’s tax dispute over the pricing of transactions with an offshore subsidiary marks the first time an important anti-profit-shifting regulatory regime has been challenged in court, and the outcome will have major consequences. During a lengthy Tax Court trial, Facebook has vigorously contested the IRS’s valuation of intellectual property and other intangible rights contributed to
Although the Federal Reserve voted to raise rates another .25% at its second meeting of the year, there was a silver lining in the announcement. In his opening statement, Fed Chair Jerome Powell indicated significant rate hikes may not be needed going forward, which will bring much needed relief and stability to the commercial real
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images Forget about Disney princesses. Mickey Mouse might have just proved who’s the real king of Florida. Disney used a legal clause that name checks King Charles III to apparently thwart Florida
In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT U.S. Secretary of Transportation Pete Buttigieg looks at an EVgo charging station during an electric vehicles event outside of the Department of Transportation October 20, 2021 in Washington, DC. Drew Angerer | Getty Images EV charging network operator EVgo on Thursday reported fourth-quarter revenue that
In this article EVGO CROX GPN NFLX BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Bed Bath & Beyond Inc. said it would shutter another 87 stores in addition to the 150 closures it announced in August.
March 30 is ‘Ivy Day,’ when many Ivy League schools release those long-awaited admissions decisions. More than ever, acceptance into the Ivy League is considered highly desirable, however, when it comes to his year’s ultimate dream school, Massachusetts Institute of Technology comes out on top, according to a recent survey of college-bound students and their
A new rule under SECURE 2.0 creates a great opportunity for IRA owners 70 ½ or older with charitable inclinations to get a prospective valuable tax benefit and keep cash flow. The current law allows a charitable distribution from an IRA for individuals age 70 ½ or older (irrespective of the new Required Minimum Distribution
The collapse and federal takeover of Silicon Valley Bank (SVB VB ) and Signature Bank is generating worries about where the next bank failures might occur. Will they hit smaller banks with high commercial real estate (CRE) exposure, as the CRE sector faces persistent economic challenges? And why do we continue seeing periodic financial sector
Every modern commercial real estate transaction, or other business transaction, takes place largely through email. If it’s a major or complicated transaction, it will involve dozens of email recipients and senders – business people, lawyers, brokers, title companies, other service providers, and so on. Each email will beget a stream of additional emails as each
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Images JetBlue Airways is preparing to cut scores of weekly flights in the New York City area this spring and
A DBS Group Holdings Ltd. logo atop an automated teller machine (ATM) at a bank branch in Singapore, on Wednesday, Feb. 17, 2021. Lauryn Ishak | Bloomberg | Getty Images SINGAPORE — Shares of Southeast Asia’s largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.
Hinterhaus Productions | Getty Images Workers who participate in a company 401(k) plan pay fees for a host of associated services. Among them is the cost of administering the plan — for example, tracking daily fluctuations in account value, facilitating trades and issuing regular notices to investors. But based on how your employer structures its
When you’re in law school, you often dream about having a case that makes it to the Supreme Court. Rachael E. Rubenstein of Clark Hill knows that feeling—and in her case, it actually happened. Statistically, that dream is a long shot. The Term of the Supreme Court begins on the first Monday in October and
A home theater from a renowned designer, a wine cellar and tasting room that feel plucked from Tuscany and a solarium with a fireplace that sits in a lion’s mouth are just a few of the glamorous features of a palatial estate in Saddle River, New Jersey. The property at 101 Fox Hedge Road sits
In this article PL Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Planet (NYSE: PL), on Wed. Dec. 8th, in celebration of its listing. To honor the occasion, Will Marshall, Co-Founder & CEO, and Robert Schingler Jr., Co-Founder & Chief Strategy Officer, joined by Stacey Cunningham, NYSE President, ring The Opening
In this article PLAY PSX SLB EBS WOOF Follow your favorite stocksCREATE FREE ACCOUNT A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores. Alex Tai | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Lululemon - Shares of the athleticwear company soared more
Jeffrey Coolidge | Photodisc | Getty Images This tax season, there have been heightened concerns about IRS audits as the agency begins to deploy its nearly $80 billion in funding. While the IRS plans to hire more workers, including enforcement agents, experts say there’s no need to worry — as long as you keep proper
The Author Wasted No Time In Solving His Dilemma A couple of months ago I wrote an article questioning whether getting a dog at this point in my life is a good idea. While my wife and I strongly missed the companionship and unconditional love we got from our pets, our age, health status, and
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