If you own and operate a family business, it is more than likely a significant part of your family’s identity. While you may wish to see your family business continue for generations to come, not all families have a viable successor to continue the family’s legacy. If this is true for you, you generally have
Month: June 2019
More and more Zip codes in Western and Southwestern cities are starting to attract Baby Boomers. Getty Images Baby Boomers are on the move, and it’s not just to the warmer Southern states. While the South continues to appeal to this age group, Boomers also are moving westward, notably to cities like Las Vegas and
As my final finance article for this month, I managed to collar the expertise of Arfy Majeed, chartered accountant, financial expert and founder of “Know Your Numbers”. According to Arfy, after doing her own research it was found that 95% of a sample of women in affluent positions did not know how to trade stocks,
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Apple has purchased autonomous vehicle startup Drive.ai, the company confirmed to CNBC. The deal confirms Apple’s continued interest in self-driving car software, and it will bolster
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, May 31, 2019. Lucas Jackson | Reuters Check out the companies making headlines after the bell: Shares of Micron Technology jumped as much as 9.5% during extended trading after the chipmaker reported better-than-expected third-quarter earnings. The
Federal Reserve Chairman Jerome Powell stressed the central bank’s independence in a speech Tuesday that comes amid continuous pressure from the White House to cut interest rates. He spoke during a event at the Council on Foreign Relations in New York that investors were watching closely for clues about the direction of monetary policy. His
Americans collectively hold a record $1.6 trillion in student loan debt. But that’s not the No. 1 reason that prompts them to file for bankruptcy. Here’s what most often does drive them to the financial brink: big medical bills. Hiroshi Watanabe | Getty Images A recent academic study found that 66.5% of all bankruptcies were
A new survey of Americans from every state in the union has found that people with the greatest levels of joy are older, and further that as we age, our overall level of joy continues to grow as we believe more than ever that the world needs more joy. That’s good news for a country
Big enough for a whole baseball team and a former Secretary of State Alicia Chmielewski Keller Williams We see a pattern with former U.S. Secretary of State Rex Tillerson’s real estate inclinations: he likes to buy big, and buy from celebrities. Tillerson’s return to Texas steered him to Vaquero, one of North Texas’s most exclusive and private
US Senator Bernie Sanders speaks during a press conference to introduce college affordability legislation outside the US Capitol in Washington, DC, June 24, 2019. Photo credit: SAUL LOEB/AFP/Getty Images) AFP/Getty Images Presidential hopeful Sen. Bernie Sanders (I-VT) has introduced a plan to cancel all U.S. student loan debt. The debt, which currently totals $1.6 trillion,
A person uses a Juul Labs electronic cigarette device in San Francisco, on Monday, June 24, 2019. David Paul Morris | Bloomberg | Getty Images San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials approved an ordinance that prohibits selling nicotine pods or devices that haven’t been
The corporate earnings picture continues to deteriorate, with companies exposed to tariffs taking a particularly strong hit. As profit reports just start to trickle in, the expectations are getting worse. Forecasters already were indicating negative earnings growth for the second quarter, but the outlook also has swung into red numbers for the third quarter, according
‘Valentine’s Day’ Episode 16 of the sitcom The Office. Pictured is the cast of the sitcome: (L to R) Angela Kinsey as Angela Martin, Kate Flannery as Meredith Palmer, Steve Carell as Michael Scott, Phyllis Smith as Phyllis Lapin-Vance, and Jenna Fischer as Pam Beesly. Paul Drinkwater | NBCUniversal | Getty Images NBC has decided
A shopper carries an Insignia Roku TV television at a Best Buy Co. store in Louisville, Kentucky, U.S., Luke Sharrett | Bloomberg | Getty Images More than 300 companies are talking to government officials in Washington this month about how detrimental the trade war between the U.S. and China has been and will be to
Homeownership comes with a lot of extra expenses, mostly thanks to the tax man. Due to increasing demand and limited inventory, the nationwide median sale price has reached $226,800, according to Zillow. Values have gone up 5.4% over the past year and are expected to rise another 2.5% in the next year. On top of
“My mom is not safe by herself but she refuses help!” “My dad can’t manage alone anymore but he won’t go to assisted living”. As a consultant in the aging field working with families, I hear the complaints. The issue the adult children see is stubbornness. The aging parents see the family as intruding, and
Point House is located on Parrot Cay, a private island in the Turks & Caicos. Courtesy of Christie’s International Real Estate An estate on a private island in the Turks & Caicos is on the market for $15 million. Called Point House, the property is on Parrot Cay and is one of only twelve exclusive
As I’ve written in the past, you can’t rely on Social Security to provide accurate information on your options. In my experience, over half of what Social Security staff tell people is either flat out wrong, incomplete, or misleading. Also, as I’ve described in prior columns, Social Security is actively engaged in different ways to
Multinational companies are starting to question whether it’s time to shift production out of China due to the ongoing trade war between Washington and Beijing. Many firms are already making the move to other countries, with Vietnam as one of the major beneficiaries of tensions between the world’s two largest economies. President Donald Trump is set to meet with
Lennar reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder’s sales got a boost from lower interest rates for mortgages, sending its shares up 4% before the opening bell. Several years of rising rates had put a brake on parts of the U.S. housing market in 2018. But a moderation in
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