Santa Barbara’s nickname as “the American Riviera” may sound like an overreach. But spend time driving into hillside neighborhoods where winding roads lead to balconies and patios on Spanish-style homes high above the ocean and you’ll quickly see the resemblance to the Mediterranean Sea. The Riviera neighborhood is one of Santa Barbara’s older and most
Month: March 2023
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Pete Buttigieg, US transportation secretary, speaks during a news conference near the site of the Norfolk Southern train derailment in East Palestine, Ohio, US, on Thursday, Feb. 23, 2023. Matthew Hatcher | Bloomberg | Getty Images The presidents of U.S. railroad unions told Biden administration
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Stefan Wermuth | Bloomberg | Getty Images Salesforce shares soared 16% in extended trading on Wednesday after the cloud software maker beat Wall Street estimates
A grocery cart sits in an aisle at a grocery store in Washington, DC, on February 15, 2023. Stefani Reynolds | AFP | Getty Images It was a year ago this month that the Federal Reserve launched its first attack against inflation that had been percolating in the U.S. economy for at least the previous
U.S. Solicitor General Elizabeth Prelogar Artist: Bill Hennessey The government’s top Supreme Court lawyer may have saved President Joe Biden‘s $400 billion student loan forgiveness plan from what experts considered all but certain defeat. Experts lobbed praise on Solicitor General Elizabeth Prelogar, the lawyer who represented the Biden administration in front of the nine justices
From Alaska to Florida, America’s state and local governments have long been pushing their workers out of pensions into 401(k)-type retirement plans in response to looming budget deficits—misleadingly claiming the retirement benefits are comparable. Nearly two decades later, state workers have awakened to discover they were hoodwinked by their employers and retained financial advisors. Warnings
George Harrison’s 80th birthday was February 25 of this year, and in preparing for a live webinar with his first wife, Pattie Boyd, I have been struck by the following lessons that can be learned from his life and experience. I will be discussing these points and other aspects of personal and professional achievement and
Throughout the country, real estate agents are taking courses in implicit bias and the origins and effects of racism. In New York State, employers AND the state both mandate these courses, so many agents and managerial staff are taking them twice. In a country which remains rife with prejudice, do these courses actually impact people’s
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks Chairman and former CEO Howard Schultz Jason Redmond | AFP | Getty Images Sen. Bernie Sanders is making good on his threat of a subpoena for Starbucks CEO Howard Schultz on what Sanders has called union-busting activity at the company’s coffee shops. Sanders said
In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic said on Tuesday it remains on track to resume spaceflights in the coming months after completing upgrades to
Greenlight Capital’s David Einhorn said Wednesday he’s keeping his negative stance on the stock market as inflation and interest rates could shoot higher. “I think we should be bearish on stocks and bullish on inflation,” Einhorn said on CNBC’s “Halftime Report.” “I think we’re in a policy now, which is probably pretty good for Main
The Supreme Court will have the final say on President Joe Biden’s student loan forgiveness plan. And yet, college affordability will remain an issue for years to come. For decades now, the total cost of both four-year public and four-year private college has skyrocketed, even after accounting for inflation, leaving millions of Americans is debt for their
Questions from beneficiaries who inherited IRAs (individual retirement accounts) continue to come in, which is not a surprise. Two laws changed the landscape for inheritors of tax-deferred accounts with the passage of the first SECURE Act (“SECURE 1.0”), which took effect in 2020, and SECURE 2.0 (signed into law in 2022). Plus, the IRS issued
On June 7, 2021, Alex Murdaugh called police from his cell phone to report that he had discovered the bodies of his wife, Margaret “Maggie” Murdaugh, and son, Paul Murdaugh on the family’s 1,800-acre property. Last week, Murdaugh took the witness stand for two days to deny he was the one to pull the trigger.
Mixed-use real estate projects are not a revolutionary concept. But the increasing commingling of traditional building uses, a shift in live-work-play preferences and overall attractive investment fundamentals have led to a post-pandemic boom of mixed-use mega projects. As the developments become larger in scale, more complex in their amenity offerings and more experience-grounded, the property
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. The cuts affect about 500
In this article NCLH Follow your favorite stocksCREATE FREE ACCOUNT A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Norwegian Cruise Line shares fell more than 10% on Tuesday after the company posted wider
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid packages and overall usage of its app grew sharply. The company reported revenues of £636.2 million
To many, the lifestyle of a “digital nomad” is an aspirational one — you can live anywhere in the world, visa permitting, with your laptop as your office. Forget the daily grind of the rush hour commute. As long as there’s decent Wi-Fi, simply pick a coffee shop, park or pool and get to work.
Despite higher prices, consumers are still spending, although not as much as they were a year ago, which is giving their budgets some breathing room. As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according to a new LendingClub report. That’s down from 64% a year earlier,