Generational Breakdown 2019 National Association of Realtors, 2019 In surveys taken ten years ago, Millennials used to say that they would never want to live in the suburbs, and they initially showed little interest in getting married and starting families. Following the housing crash, millions of them moved in with their parents, further slowing household formations.
Month: July 2019
Back in the day, there was a strong sense that a tax deferred was almost as good as a tax avoided . A long period of low interest rates has shifted attitudes in that regard. Nonetheless, deferral of a large capital gains tax, particularly from what may be a once in a lifetime transaction, is
Caution tape outside the New York Stock Exchange in New York on Jan. 23, 2018. Adam Jeffery | CNBC Morgan Stanley downgraded its global stocks on fears that slowing GDP growth around the world will offset central banks support. Chief cross-asset strategist Andrew Sheets told clients in a note that despite Wall Street’s confidence in
U.S. government debt prices rose on Monday as investors continued to digest stronger-than-expected jobs data. The yield on the benchmark 10-year Treasury note fell to 2.0268%, while the yield on the 30-year Treasury bond dipped to 2.5318%. Bond yields move inversely to prices. Investor focus was largely attuned to the latest nonfarm payrolls report out
A customer stands at a counter inside a Verizon Wireless retail store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Shares of Verizon fell on Monday following a downgrade from Citi citing potential lower wireless pricing in the future. Citi downgraded the stock to neutral from buy and maintained its $62 price target.
If Kylie Jenner can become a billionaire, what is your excuse for not being on track to be a millionaire? (Photo by Kevin Tachman/Getty Images for Vogue) Getty If Kylie Jenner can become the world’s youngest “self-made” billionaire at 21, surely the rest of us can manage to become mere millionaires over our lifetimes. The
Everyone knows that retail is evolving, and common thought says that retail that is not customer-focused will fail. Brick-and-mortar retailers with exceptional customer service or experiential offerings and food-related retailers will thrive. Contributing to this transformation is the rise in e-commerce. The popularity of e-commerce is not just hype; it is real and only just
An Avengers fan holds tickets at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. Mike Blake | Reuters Disney‘s “Avengers: Endgame” is now just $15 million shy of the record for highest-grossing film of all time. At the end of the
James von Moltke, chief financial officer of Deutsche Bank AG, speaks during a fourth quarter results news conference in Frankfurt, Germany, on Friday, Feb. 2, 2018. Andreas Arnold | Bloomberg | Getty Images Deutsche Bank may have gone through a number of strategy overhauls in recent years, but its chief financial officer (CFO) told CNBC
Traders working on the floor of the New York Stock Exchange. Drew Angerer | Getty Images After a blowout jobs report, traders still believe the Federal Reserve will cut rates later this month, but less aggressively now. The fed funds futures market is now pointing to a 92% chance of a quarter point rate cut
Austin skyline Getty Large tech companies have exponentially increased their presence in Austin. This has had a dramatic impact on office rents in the Texas capital, according to research by commercial real estate brokerage JLL. As of the end of June, the “big 8 tech” companies had either committed to or actually occupied 9.2 million
Coco Gauff has captured the tennis world’s hearts. UK taxing authorities will capture much of her winnings. (AP Photo/Alastair Grant) ASSOCIATED PRESS Cori “Coco” Gauff has captured the hearts of the tennis world over the last week with her impressive wins over Venus Williams, Magdalena Rybarikova and Polona Hercog. And she won another three matches
LYTobin Heath of the USA celebrates with teammates following the 2019 FIFA Women’s World Cup France Final match between The United States of America and The Netherlands at Stade de Lyon on July 07, 2019 in Lyon, France. Maja Hitij | Getty Images Sport | Getty Images The United States has won the Women’s World
Deutsche Bank headquarters Photo by Hannelore Foerster Deutsche Bank announced Sunday that it will pull out of its global equities sales and trading business as part of a sweeping restructuring plan to improve its profitability. Deutsche will also slash 18,000 jobs for a global headcount of around 74,000 employees by 2022. The bank aims to
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Vanguard, the non-profit financial giant that single-handedly revolutionized the investment management world, reportedly wants to join the private equity party train. Is this another market that it intends to overhaul by passively managing and micro-pricing index fund offerings
aldomurillo | E+ | Getty Images Before you head to the beach, use this tax-advantaged account to stock up on summer necessities. Flexible spending accounts allow workers to sock away cash on a pretax basis into a savings account. You can take tax-free distributions from your FSA as long as the money goes toward qualified
It’s become a cliché in so many ways. It’s called “The Honeymoon Period.” As the name implies, it derives from that short phase of marital bliss that extends from the nuptial blessing through to some undefined time following the end of the couple’s honeymoon. It’s the exuberance of experiencing something fresh, something new, something exciting.
This porcelain stone looks beautiful throughout the kitchen and dining area. This stone was provided by Architectural Ceramics. Ruscoe@Taverne-Agency.com A great flooring solution for the home, inside or out is porcelain tiles – not the boring tiles of yesteryear. These new high definition porcelain tiles are made to look like many different materials; even close
Share to facebook Share to twitter Share to linkedin Getty If you’re looking to create or access your online payment plans with the Internal Revenue Service (IRS), you should be aware of some key changes. The IRS recently updated its identity verification process to protect tax information better. An installment agreement is an option for
An interview with billionaire real estate and private equity investor, Sam Zell. In this interview, Sam discusses what he sees as the attributes needed to become successful. Sam also talks about the importance of avoiding competition and focusing on supply and demand when investing in real estate and other industries. ? Sam Zell’s new book
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