Month: August 2019

Today’s data for July housing starts and permits was very mixed. Of course, the month on month data is volatile (and subject to very large revisions) due to difficult seasonal adjustment factors and changes in the weather, but the Year on Year (YoY) trend is more reliable. For housing starts, July’s result was far below
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Kurbo app Scott Mlyn | CNBC Do your homework! Clean your room! Count your Weight Watchers points? Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, a digital health start-up whose
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Back to school is an increasingly costly time of year, particularly for families with college-bound children. A college education is now the second-largest expense an individual is likely to make in a lifetime — right after purchasing a home. Tuition and fees for a four-year private college averaged $35,830 in 2018-19; at four-year, in-state public
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Attendees and judges gather around a 1966 Ferrari 330 P4 Drogo Spyder motor vehicle during the 2016 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 21, 2016. David Paul Morris | Bloomberg | Getty Images Routinely described as the world’s most popular, elegant and exclusive classic car show, the annual Pebble
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Credit: Getty Royalty Free Getty Even though you may be retired, the tax man is ready to take a slice of your Social Security and retirement fund payouts. How can you minimize his cut? Stephen Nelson, a wealth manager at Aldrich Wealth in Carlsbad, Calif., has some very good advice here: Larry Light: With boomers
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Fitness meets interior design. Lily Glass Photography Most boutique fitness studios in Los Angeles have pretty standard builds. They’re clean, have a calming vibe, and are contemporary or modern in terms of design. However, there’s nothing really remarkable about the aesthetics. Enter Paris Pilates, which opened in spring 2019. Located in the trendy Silver Lake
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WeWork’s parent company just filed for an IPO this week, and it could go public as early as Septmeber. The company joined the flurry of tech IPOs in 2019, but also revealed a massive $900 million loss in the first half of 2019, causing investors to worry about the downside risks. What if the economy
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The allegations by Madoff whistleblower Harry Markopolos of a $38 billion fraud at General Electric are “at best disingenuous” and “at worst highly inaccurate,” according to Nick Heymann, co-group head of global industrial infrastructure at the William Blair financial services firm. “You got the stock on sale yesterday for absolutely no basis. This is why
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For anyone holding a long-term-care insurance policy, new allegations of financial trouble at one insurer may make you wonder what would happen to your policy if your underwriter went belly up. While insurance companies have been bolstering their reserves to cover future claims and raising premiums to counteract inaccurate pricing when the policies were first
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