Don is CEO of DLP Real Estate Capital, a leader in single/multi-family RE brokerage, investment/asset/property mgt., construction, lending. It’s one thing to dream about striking it rich, but quite another to steadily create and grow your wealth through hard work and discipline over many years. So, why do so many — even the very successful —
Month: March 2021
In this article FORD BWA GM F The CEO of auto supplier BorgWarner told CNBC on Friday the company hopes to have nearly 50% of its revenues be tied to electric vehicles within the next decade. Currently, less than 3% of the Michigan-based firm’s sales are related to EVs. “Our assumption is that 30% of
In this article KWEB Chinese and U.S. flags outside the building of an American company in Beijing, China January 21, 2021. Tingshu Wang | Reuterss A new Securities and Exchange Commission rule that will require foreign companies to submit documentation about government affiliations and government influence is causing headaches for China investors. It’s one of
Billionaire investor Mark Cuban sees a lot of promise in the future of NFTs, or nonfungible tokens. In fact, Cuban is now looking for ways to use the technology to bring in more money for his NBA team, the Dallas Mavericks. “With the [Mavericks], we’re trying to find a good option for turning our tickets
In this article MAXR SZU-DE Maxar Technologies Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday morning, with a close-up look at the dredging
Student loan borrowers may see more relief still in the pandemic. ViT Postman | iStock | Getty Images Many people with federal student loans won’t be able to claim a popular deduction on their taxes this year. Around 12 million taxpayers take advantage of the break known as the student loan interest deduction, which allows
Will New York City ever recover from the pandemic? This segment of What’s Ahead points out that the rot eating away at the Big Apple was underway before Covid-19 hit. People and enterprises were already pulling up stakes because of a serious decline in the quality of life: • Rising crime, a result of an emasculated
Nike’s NKE decision announced today to cut ties with six more key retailers should reverberate in the board rooms of many department stores, and multi-brand specialty retailers. Back in August, Nike announced it was closing accounts at Fred Meyer, Zappos, Dillard’s, City Blue, VIM, EbLens, Belk, Bob’s Stores and Boscov’s. While those players were not insignificant,
President Joe Biden delivers remarks on tackling climate change prior to signing executive actions as White House climate envoy John Kerry and Vice President Kamala Harris listen in the State Dining Room at the White House in Washington, U.S., January 27, 2021. Kevin Lemarque | Reuters President Joe Biden on Friday said that Vladimir Putin
In this article LB Pedestrians wearing protective masks carry Victoria’s Secret Stores LLC shopping bags in San Francisco, California, U.S., on Wednesday, Feb. 17, 2021. David Paul Morris | Bloomberg | Getty Images Victoria’s Secret-owner L Brands on Friday raised its profit outlook for the first quarter, citing a boost from government stimulus and from
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg via Getty Images The Federal Reserve has come a long way from the days of warning about “irrational exuberance.” Former Fed Chairman Alan Greenspan famously sent up a flare in December 1996 about stretched
Billionaire investor Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, thinks bitcoin may have a similar fate as gold did in the U.S. during the 1930s. “[B]ack in the ’30s in the war years … because cash and bonds were such bad investments relative to other things, there was the movement to
In this article FTXL Giannis Antetokounmpo #34 of the Milwaukee Bucks drives to the basket against Bam Adebayo #13 of the Miami Heat during the second half at American Airlines Arena on March 02, 2020 in Miami, Florida. Michael Reaves | Getty Images A city trying to rebrand itself as the center of the crypto
In this article IRSA3-AR Luis Alvarez | DigitalVision | Getty Images Americans can get a tax break this filing season for masks, hand sanitizer, sanitizing wipes and other personal protective equipment to prevent the spread of Covid-19, the IRS announced Friday. The tax code lets taxpayers deduct medical costs that exceed 7.5% of their adjusted
In this article JPM WFC BAC A small business owner in Chinatown, San Francisco Source: CNBC The Senate on Thursday passed the PPP Extension Act of 2021 with overwhelming support, extending the deadline for the Paycheck Protection Program to May 31 from March 31. Passage of the PPP extension came about one week after the
By Chris Farrell, Next Avenue Age discrimination is deeply ingrained in the job market. Nearly anyone laid off after 50 can tell stories of dismissal, frustration and ageist moments in the hunt for work. Worse yet are the experiences of many older job seekers who are Black, women or have a high school education or
The decision by the IRS to extend the initial filing due date of individual tax returns to May 17 was mostly a good thing. Maybe not as good a thing as the extension to July 15 in 2020, but it was something. There was a wrinkle though. Unlike in 2020 the due date of first quarter estimated tax
Sale contract volume in Manhattan hit its highest monthly pace in more than a decade in March, but even as homebuyers continue to move swiftly, brokers say there are still deals to be had. As of last week, there were 878 contracts signed month-to-date, which represents the highest monthly pace seen in Manhattan since March
The stranded mega-container vessel, Ever Given in the Suez Canal, is holding up an estimated $400 million an hour in trade, based on the approximate value of goods that are moved through the Suez every day, according to shipping data and news company Lloyd’s List. Lloyd’s values the canal’s westbound traffic at roughly $5.1 billion
In this article MO PRGS NIO LYFT UBER ROOT MSFT F NLY MSGN MSGE BOWX WFC C BAC JPM ZM Take a look at some of the biggest movers in the premarket: BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt.
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