Mega-IRAs are hot this summer, following a June 2021 report by the nonprofit news service ProPublica that revealed—based on leaked IRS files—that a handful of high-net-worth individuals have accumulated massive individual retirement account (IRA) balances. The congressional Joint Committee on Taxation also reported that in 2019 more than 28,000 taxpayers owned IRAs worth more than
Month: August 2021
Luxury living in gracious Charleston, South Carolina, is increasingly in demand, attracting new residents to the area. Charleston, the belle of the Lowcountry, is an elegant coastal city — home to a vibrant arts and culture scene and perfectly restored architecture. Home styles include Colonial, Georgian, Regency, Federal and Classic Revival. The city’s numerous
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. In today’s real estate world, it’s not advisable to ignore others and think you can accomplish great things alone. As technology becomes an integral part of everyday life, it’s easy to neglect the human touch. From automated social
VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. In the current rocky economy, more and more investors are looking for investments that can give them at least a modicum of peace of mind. Investors want some assurance that the industry they’re investing into won’t be swept away
A pair of ornately carved doors only hint at what lies in store at Casa Ladrillera, a five-bedroom home set on a quiet street in lively San Miguel de Allende in the central Mexico state of Guanajuato. Inside, quality finishes, skilled workmanship and high-end style combine to reveal a sophisticated house in a class by
Bradley Beal #3 of the Washington Wizards smiles during the second quarter of their game against the New York Knicks at Madison Square Garden on October 11, 2019 in New York City. Emilee Chinn | Getty Images Add the Washington Wizards to the list of National Basketball Association teams looking to attract a jersey partner
A masked couple poses for photos in front of a statue of Walt Disney and Mickey Mouse, with Sleeping Beauty Castle behind, at Disneyland Resort in Anaheim, CA, as visitors return to the park with covid-safety restrictions in place, including the park only being at 25% capacity, Monday, May 3, 2021. Jay L. Clendenin |
Britney Spears’ father, Jamie Spears leaves the Los Angeles County Superior courthouse on March 10, 2008. Valerie Macon | AFP | Getty Images James Spears agreed Thursday to be removed as his daughter’s conservator, according to Britney Spears’ lawyer. “We are pleased that Mr. Spears and his lawyer have today conceded in a filing that
Bob Chapek Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images The Walt Disney Company has “figured out ways to fairly compensate” talent regardless of its film release method, CEO Bob Chapek said during an earnings call Thursday. Chapek’s comments, which were prompted during analyst Q&A, come just two weeks after Marvel
In this article NIO Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC GUANGZHOU, China — Nio shares rose more than 1% in after-hours trade on Wednesday after the Chinese electric carmaker posted a narrower than expected loss and a surge in revenue. The start-up lost 0.42 yuan
Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data analytics company Palantir on Thursday reported second-quarter earnings that beat Wall Street expectations for revenue and gave upbeat guidance for the current quarter. Shares of the company were up more than 11%
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from
In this article DIS Disney reported blowout fiscal third-quarter earnings after the bell Thursday, beating Wall Street expectations on subscriber growth, revenue and earnings. The company’s shares were up more than 5%. Earnings per share: 80 cents vs 55 cents expected in a Refinitiv survey of analysts Revenue: $17.02 billion vs $16.76 billion expected in
In this article SONO COIN HIMS MU MQ BMBL Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Check out the companies making headlines in midday trading. Opendoor — Opendoor soared about 18% after reporting a quarterly loss of 24 cents per share, 10 cents less
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were mixed Wednesday night after the market shrugged off the July inflation report and the Dow Jones Industrial Average and S&P 500 hit records. Dow futures rose 9 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures fell 0.02%
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: Disney — Shares of Disney jumped more than 4% in after-hours trading after the media
Trader on the floor of the New York Stock Exchange. Source: NYSE Stock futures held steady in overnight trading on Thursday as the S&P 500 seeks to end a winning week on a high note. Futures on the Dow Jones Industrial Average rose just 20 points. S&P 500 futures and Nasdaq 100 futures were both
The Peace Bridge is a cycle and footbridge bridge across the River Foyle in Londonderry, Northern Ireland. It opened on 25 June 2011, connecting Ebrington Square with the rest of the city centre. Shaun Egan | Photodisc | Getty Images Londonderry, in Northern Ireland was found to be the most affordable U.K. city for buying
Donor-advised funds have become “wealth-warehousing vehicles” that give tax benefits to the wealthy without honoring their charitable mission, according to a leading philanthropist. In an interview with CNBC Monday, billionaire philanthropist John Arnold said donor-advised funds are hoarding more than $100 billion in charitable gifts that should be going to communities in need. He said
From the bath towns of Europe to a desert with the world’s oldest mummies, 34 new sites are now part of UNESCO’s World Heritage List. Only twice in the program’s 43-year history have more new sites made it to the prestigious list in a single year. While the number isn’t without precedent, the way the
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