Share to facebook Share to twitter Share to linkedin Gowanus in Brooklyn has seen the highest increase in households earning over $200,000. Getty Out of the country’s 8,700 Opportunity Zones created as part of the 2017 Tax Cuts and Jobs Act, 22 of them have seen the number of households with an income over $200,000 grow by at least ten
Month: May 2019
A cook at a Chick-fil-A restaurant in New York Michael Nagle | Bloomberg | Getty Images Chick-fil-A’s cow mascots have been saying “eat mor chikin” for nearly 25 years. But the Atlanta-based company is mulling over adding vegan options — including meat substitutes — to its menu. Business Insider first reported the news. The company
Monitors display Uber Technologies Inc. signage in front of Morgan Stanley headquarters in the Times Square area of New York, U.S., on Friday, April 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Boeing — Boeing shares dropped more than 4% after the editor of Chinese newspaper
Consider it China’s nuclear option in the trade war with the U.S. — the ability to start dumping its massive pile of Treasury bonds that could trigger a surge in interest rates and substantially damage the American economy. As the two sides engage in a tit-for-tat tariff exchange, the possibility that China might raise the stakes
republica | E+ | Getty Images Socially responsible investing has exploded across the globe and interest in it has never been higher. But there is a real chance the business and financial communities will let slip opportunities to fully capitalize on the demand. SRI assets are growing at nearly 40% year-over-year since 2016, according to
Thanagon Karaket / EyeEm | EyeEm | Getty Images If you’re having a hard time building a six-month emergency fund, you might want to rethink where you live. A new study from personal finance website Bankrate took a look at the cities where it is most difficult or easy to stash away cash in case
We’ve all heard the saying, “Hope for the best, but prepare for the worst.” Unless you’re a total risk seeker, you may apply this proverb to your daily life. Maybe you wear your seatbelt, own health insurance, or carry an umbrella with you, even when it’s not raining. Though most of us engage in these
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses how Social Security spousal benefits are determined, whether to switch from retirement benefits to taking spousal benefits and vice versa, potential effects of early retirement benefits on survivor’s benefits
Share to facebook Share to twitter Share to linkedin This converted carriage house is one of only 15 homes in the exclusive Grace Court Alley in Brooklyn Heights. Compass One of the last converted carriage houses of the renowned Grace Court Alley in Brooklyn Heights has come on the market after 15 years. The 25-foot-wide
During the past few decades, the number of companies producing vaccines has dwindled to just a handful. There are other players in the space, but today, the four big drug companies that now dominate the market are Merck, Pfizer, Sanofi Pasteur and GlaxoSmithKline. Selling a vaccine like Shingrix for the shingles or Gardasil 9 for
A man walks past a bitcoin ATM in Vilnius, Lithuania. Ints Kalnins | Reuters Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. It
Ford shares rallied before the opening bell Friday morning after Bank of America Merrill Lynch upgraded the equity to buy from neutral. The brokerage highlighted Ford’s favorable profit outlook, the result of what’s expected to be a strong utility vehicle and truck lineup over the next few years and a major restructuring at the Dearborn,
Did the latest tariff tiff set the stage for the next pullback in stocks? Will this bull market actually die of old age? The macro picture is dicey and stock valuations are pricey, but we must stay invested. The stock market goes up about two-thirds of the time. Permabears miss out on compounding and it’s
Like every other industry, property management has seen major technological advancements in recent years, and it’s crucial to make sure your service adopts the most efficient tools available to it. But in truth, the quality of a property management company doesn’t hinge on technology — it comes down to principle. Looking back on my last
The 2019 Cadillac CTS-V CNBC | Mack Hogan Cadillac, the luxury arm of auto giant General Motors, appeared to not anticipate the insatiable hunger consumers have for SUVs and crossovers. While Cadillac tried to out-German BMW and Mercedes with a lineup of sports sedans with impressive driving dynamics and great prices, the Germans padded their
Even if the May pullback lingers until summer, Cresset Capital’s Jack Ablin plans to embrace it. He believes market and economic fundamentals are intact, and a U.S.-China trade deal isn’t essential to keeping the bull market alive. Ablin cites liquidity —the ability and desire to borrow, spend and invest money — as a critical driver
China tariff’s went into effect early Friday morning and Wall Street strategists were left trying to figure what’s next for their clients. Some fear an all-out trade war, others are waiting for China to retaliate before recommending action, while some were hopeful for a deal. Stock futures were flat to slightly positive in premarket trading
DOMINIC LIPINSKI | Getty It’s official: Baby Sussex has greeted the world and the royal family. And he will eventually have to say hello to Uncle Sam. The first child of the Duke and Duchess of Sussex — Archie Harrison Mountbatten-Windsor — made his world debut on Monday and his first public appearance on Wednesday.
By Bruce Horovitz, Next Avenue Contributor Now that college graduation season is here, parents and their young adult kids are coming face-to-face with the key post-graduation financial question that will impact them for years: Who pays for what after the college degree? That’s really a bunch of questions all rolled into one: Is it reasonable to
A turnkey 7,592-square-foot estate in Scottsdale, Arizona is being offered for $6.2 million. Courtesy of Russ Lyon Sotheby’s International Realty A turnkey 7,592-square-foot estate in Scottsdale, Arizona comes with an unusual gift from the seller for the new homeowner—a Bentley sedan. The sprawling home is being sold with the Bentley already parked in its expansive
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