With occupancy rates now at 44% in the U.S., and European hotels not expected to fully recover until 2023, hotels are reaching out to a new crop of clientele — local residents who are tired of working from home. Luxury hotels are now renting rooms by the day — often at steeply discounted rates —
Month: July 2020
The median price for a home in San Francisco is about $1.3 million, according to real estate site Zillow. Education Images | Universal Images Group | Getty Images There’s one part of the mortgage world that’s harder for some would-be home buyers to access: Jumbo loans. While there are signs that lenders may be easing
Revocable trust. Getty If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding. Trust funding is a critical step in estate planning that many people either overlook or put on the back
July 15, new day of payment of taxes, extended period for pandemic in America, fund with IRS form. Getty Kelly Phillips Erb, the managing shareholder of Erb Law Firm PC and a Forbes senior contributor known as @taxgirl on Twitter, talks to Tax Notes reporter Jonathan Curry about the abnormal 2020 tax season. This post has been
The Barnes & Thornburg Building in South Bend, Ind., designed by KTGY Architecture + Planning, … [+] is among the growing number of American buildings showcasing biophilic design. KTGY Architecture + Planning Over the course of human history, people have spent most of their days in natural environments. Only in recent times has the built
Author Mary L. Trump and her new book on Donald Trump. Photo: Peter Serling, copyright 2020 A New York judge on Monday dismissed a legal challenge to the publication of Mary Trump’s tell-all book about her family — one day before its scheduled release. In a 20-page ruling, Dutchess County Supreme Court Justice Hal Greenwald said the bid
People volunteer for Covid-19 surveillance testing using the Quest Diagnostics self administered PCR test on on July 12, 2020 in Livingston, Montana. William Campbell | Getty Images Quest Diagnostics reported preliminary second-quarter revenue above analysts’ estimates on Monday, largely on growing demand for its Covid-19 testing services, sending its shares up 2.7% before the bell.
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images U.S. stock futures moved higher in early trading and pointed to gains at the open on Tuesday, as investors eye earnings reports from some of the
In the early 2000s, Tesla Motors was a small start-up underdog in the automotive industry. It faced naysayers because “no one was doing electric cars,” CEO Elon Musk said on the “Third Row Tesla” podcast in February. But despite the odds, Tesla became the world’s most valuable automaker – its market capitalization surpassed Toyota’s for the first time on July
For many Americans, budgeting has become a more precarious balancing act these days. Both sides of the equation — income and expenses — are wrought with uncertainty. What will happen when your unemployment benefits run out? Will you be able to keep up with your credit card payments? Here is some information on where things
This article is part of a series; click here to read Part 1 How long does the guaranteed rollup rate last? Does it have any other features? Guaranteed rollup rates for the benefit base generally end once guaranteed distributions from the contract have commenced. As well, in cases where those distributions do not begin for
Getty Back in April, I wrote about Bank of America’s horrible handling of Payroll Protection Loans. I wrote about a case I knew — my own. After my column appeared, I received one email after another written by business owners who experienced the same nightmare. I then wrote a column, copying some of these emails,
One of the National Association of Realtors “30 Under 30” real estate agents, serving the Del Mar and San Diego luxury residential market. Getty Just a few months ago, the real estate market – like many other industries – adopted a slower pace in response to Covid-19. Social distancing regulations prohibited in-person house showings in
New York Gov. Andrew Cuomo on Monday outlined the criteria to reopen school districts closed this fall, stressing that he wants to keep kids safe: “We’re not going to use our children as guinea pigs.” School reopenings will be dictated by the state’s regional reopening plan, Cuomo said. Schools in regions that are in phase
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Monday reported that its quarterly revenue fell as fewer consumers bought its drinks at restaurants or convenience stores amid the coronavirus pandemic. The company did report growth for its food items, such as Cheetos and oatmeal,
Tesla CEO Elon Musk poses on the red carpet as he arrives for the 43rd “Golden Steering Wheel” awards on November 12, 2019 in Berlin. Tobias Schwarz | AFP via Getty Images Shares of Tesla hit a new all-time high on Monday, extending the stock’s record run, as investors continue to pile into the Elon
Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Disney heiress Abigail Disney is among the millionaires calling for governments to impose higher taxes on the wealthy to help fund the recovery from the coronavirus pandemic. “Tax
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Warner Music Group Corp., the label for artists like Ed Sheeran and Cardi B, went public last month with 28 underwriters. More than a third of
Uncle Sam is sitting on $1.5 billion in tax refunds from 2016, and taxpayers have two days to grab their cash or lose it. July 15 isn’t just the due date for 2019’s federal income tax returns and taxes owed, it’s also the last day the IRS will accept late returns for the 2016 tax
Foot traffic is slowly returning to Brattle Street and Harvard Square in Cambridge, Massachusetts, but local small businesses are still suffering from the extended coronavirus lockdown. Lane Turner/The Boston Globe via Getty Images EIDL loans The EIDL Advance program, created by the CARES Act, gave emergency grants to small businesses within three days of their
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