Real estate investors know that not every purchase they make is going to be a win. In a few cases, you’ll end up with a dud, where a property that looked good at first ends up being more trouble than it’s worth once you’ve bought it. This is why no investor should go into a
Month: May 2021
People take breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021. Shelby Tauber | Reuters The restaurant industry is poised for a roaring comeback this summer, but understaffed eateries could dampen growth. One potential solution for business owners: hire more
A driver leaves BJ’s station looking for gas, after a cyberattack crippled the biggest fuel pipeline in the country, run by Colonial Pipeline, in Norfolk, Virginia, May 11, 2021. Jay Paul | Reuters The national average for a gallon of gas jumped above $3 on Wednesday for the first time since 2014, as much of
Kevin O’Leary is bullish on the future of NFTs, or nonfungible tokens. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes,” O’Leary, chairman of O’Shares ETFs, told CNBC Make It in April. But “this has legs. It’s going to work.” NFTs are unique digital assets that are represented
In this article DPZ Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman said Wednesday that his hedge fund built a 6% stake in Domino’s Pizza, swapping out its Starbucks bet. Ackman revealed Pershing Square sold Starbucks after the coffee chain’s swift rebound from the pandemic.
President Joe Biden makes remarks on the economy and the Colonial Pipeline network cyber attack on May 10, 2021 in the East Room of the White House in Washington, DC. Nicholas Kamm | AFP | Getty Images President Joe Biden‘s plan to tax the wealthy may trigger a shift in charitable giving strategies. The administration
Tetra Images | Tetra images | Getty Images Over the last year, lawmakers have passed many tax breaks for businesses due to the coronavirus pandemic. Now, the Biden administration is encouraging the hardest-hit businesses to take advantage of one especially large tax break, the employee retention credit. The employee retention credit was first established in
As recounted on Twitter and the Illinois politics website Capitol Fax, Chicago’s Mayor Lori Lightfoot had some strong words on pensions at last week’s investor conference: “We’ve really struggled to get Springfield to pay attention to pensions. . . The problem is not going away, it’s only going to intensify. At some point it’s my
Why is it hard to stop inflation? Because it creates so many winners. Down in Washington they’re printing money like ink is going out of style. Possible consequence: People spend the money, bidding up the prices of cars, lumber and semiconductors. We might get high inflation, high being something more than the target rate of
Amit Haller is the Co-Founder & CEO of Reali, a high-tech, high-touch real estate company founded in 2016. When homebuyers make the largest financial decision of their lives, they want the best options that take the pain out of the real estate process. They’re ready to focus on the details that matter most to them —
A Covid-19 coronavirus patient rests inside a banquet hall temporarily converted into a Covid care centre in New Delhi on May 10, 2021. Arun Sankar | AFP | Getty Images India’s daily Covid-19 death toll hit another record high on Wednesday, as the World Health Organization said the country accounted for half the total reported
Check out the companies making headlines in midday trading. Palantir — Shares of the secretive analytics and software firm rose 7.4% after it reported 49% revenue growth for its first quarter, thanks in part to the economic recoveries in the U.S. and the U.K. Palantir, which has both government and corporate clients, booked sales of
Luis Alvarez | DigitalVision | Getty Images The April jobs report has ignited controversy over what some see as competing interests: unemployment benefits and returning to work. But there’s a way to get both — including the extra $300 a week. “The $300 is what will attract people back to work,” Susan Houseman, research director
The signs of slipping can be very subtle at first. Mom forgets an appointment. Dad can’t remember how to get somewhere he’s been a zillion times. Your aging parent is just starting to seem a little off, a little more forgetful and it’s happening enough for you to notice. Should you do something or is
The Internal Revenue Service has announced new, higher contribution limits for health savings accounts for 2022. Are you maxing out these benefits? At the end of January, Americans held $82.2 billion in 30 million health savings accounts, according to HSA advisory firm Devenir. That’s a year-over-year increase of 25% for HSA assets and a 6%
Generations of notable owners have shaped this Australian property. It’s been an ideal place for a champion sculler turned boat builder to call home. And a landscape designer. And a publishing company executive. The estate, where Sydney’s Colo River flows into the Hawkesbury River, dates to 1890 and was once owned by Peter Kemp. The
Health workers wearing personal protective equipment attend to Covid-19 patients inside a banquet hall temporarily converted into a Covid care center in New Delhi on May 7, 2021. Prakash Singh | AFP | Getty Images India is grappling with a devastating second wave of coronavirus that’s far more fatal than the first — and scientists
U.S. stock futures were little changed in overnight trading on Tuesday after the Dow’s worst day since February. Dow futures fell 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%. On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow Jones Industrial Average lost 473
Justin Mackey, his wife, Cassie, and their three young children: Camdyn, 14, Connor, 7, and Charlie, 3. While Justin Mackey worked to rebuild his locksmith business, the 38-year-old was relying on getting a $420-a-week unemployment check for another four months. That money was a fraction of what he brought home before the pandemic shut down
You probably didn’t go to a live concert in 2020. The majority of festivals, fairs and sporting events were canceled across the globe in 2020 to help stop the spread of the coronavirus. Alex and Kelsey Carroll’s company, Toss Up Events, designed and operated unique fan experiences at major sporting events across the country. Cancellations
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