Arriving in my downtown Boston office one day last month, after an early spin class, I read a surprising article about my gym. Equinox, the operator of nice (okay, high-end) health clubs, is branching out of its expertise, opening its first branded hotel and investing in a real estate project that will include co-workspace and
Month: June 2019
Starting Friday, New York City commuters in a hurry will get a break as the U.S. takes a big step toward embracing contactless payments. On May 31, some New York City subways and buses will enable riders to tap a contactless bank card or their mobile wallet at some turnstiles to pay fares, according to
Image credit: Getty Getty An intriguing bronze-shrawarma-Tower-Eifel- thingy is sitting on top of the active West Side train yards in Manhattan. The platform has internal air-conditioning to keep the pansy and other plant roots from frying from the hot trains coming in and out of New York from Long Island. Hudson Yards also sports a snazzy
Getty Last year, after pushback from taxpayers and tax professionals, the Internal Revenue Service (IRS) promised to revisit form W-4, Employee’s Withholding Allowance Certificate. The IRS issued a statement confirming that “the Treasury Department and the IRS will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.”
The New York City brokerage Citi Habitats has 800 agents moving 10,000 properties per year. Getty Thanks to the internet, it’s easier than ever for potential renters and buyers to search for and secure properties without the help of real estate brokerages. Websites like RentHop and StreetEasy provide lists of broker-free listings, allowing them to
A Huawei Technologies Co. mobile phone, which runs on the Android operating system. Chris Ratcliffe | Bloomberg | Getty Images Samsung and Apple could benefit in the smartphone market after the United States put Huawei on a blacklist that effectively bans U.S. firms from doing business with it, TF International Securities analyst Ming-Chi Kuo wrote
Traders work on the floor of the New York Stock Exchange (NYSE) on May 31, 2019 in New York City. Spencer Platt | Getty Images Stocks pulled back sharply last month as investors fretted over U.S. trade relations with China and Mexico and worries over global economic growth. However, drops like this one are more
Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017. AP Photo | Andy Wong A Chinese official tabloid editor followed by Wall Street for insight took a shot at President Donald Trump’s latest threat to impose tariffs on all Mexican imports. “Some day, the White
WASHINGTON, DC – Rep. John Larson (D-Conn.) speaks during an event to introduce legislation called the Social Security 2100 Act. which would increase increase benefits and strengthen the fund, during a news conference on Capitol Hill January 30, 2019 in Washington, DC. (Photo by Mark Wilson/Getty Images) Mark Wilson | Getty Images News | Getty
In the 45 years since Congress passed the landmark Employee Retirement Income Security Act (ERISA) of 1974, there have been unfortunate changes to the nation’s retirement system that make it difficult for working families to prepare for retirement. Research indicates that one key change – replacing defined benefit (DB) pension plans with defined contribution (DC)
Mexico and the US. So close to each other and so far from God. Getty Pobre México. Tan lejos de Dios, tan cerca de los Estados Unidos. Poor Mexico. So far from God, so close to the United States, has been a lamentation oft repeated by Mexicans to describe their fate of being intertwined with
Be as happy with your mortgage as you are with your new home Getty With the peak spring-summer home buying season in high gear, first-time home buyers are stressed. Finding that dream home in today’s market where affordability is beyond a challenge is often like winning the lottery. Especially for many who are suffering from
Roy Mehta | Getty Images This summer when it comes time to celebrate with friends, it’s more likely someone in the group will be raising a glass with a beverage that doesn’t have alcohol. The trend coincides with changing consumer tastes, as more people try to eat and drink healthier and follow low-carb diets like
An employee arranges merchandise at a Dollar General store in Arvada, Colorado. Rick Wilking | Reuters Dollar General beat analysts’ estimates for quarterly same-store sales on Thursday, as customers spent more on groceries, seasonal products and home goods at the discount retailer’s stores. The company reported a 3.8% rise in same-store sales, beating the average
Traders work on the floor at the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters Stocks posted their first negative month of the year as trade angst deepened, and it doesn’t get easier from here since the U.S. toughened its stance on more trading partners. Now is a good time for
Adrian Weinbrecht | Getty Images It’s no surprise that your likelihood of divorce is somewhat based on your relationship with money. Money is the leading cause of stress in a relationship, according to data from Northwestern Mutual’s 2018 Planning & Progress Study. The survey of over 2,000 adults found that 41% of people said financial
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Evaluating the price-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results,
Uber driver Sonam Lama. Annie Nova | CNBC AT 3 A.M., SONAM LAMA’S ALARM goes off. In his house in Queens, New York, while his wife and baby son sleep, he pulls on his clothes and makes coffee. Then he turns on his Uber app and waits. On this morning, a warm but windy Tuesday
The US-China trade relations are turning from bad to worse recently, with multiple retaliatory options on the table for both sides. One of the options for China is to cut off rare earth metal supplies to US technology and defense industries. That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,”
What if I told you I’d found a way to protect your portfolio from this twitchy market without giving up big gains (and income)? My guess is you’d be interested—if a little skeptical. I get that. A skeptic is a good thing to be, in investing and pretty much everything else. So let me tell