The citizenship-by-investment industry is in crisis. CBI has become a core part of the revenue model of several Caribbean island nations—and some other countries—over the last 40 years. The model is fairly simple. In exchange for their investment funds—typically $100,000 and up—the investor is granted citizenship in the country, with the right to live there
Month: August 2023
Those who have savored Cabo San Lucas and San Jose del Cabo, collectively known as Los Cabos, understand the appeal of this Mexican vacation wonderland at the tip of the Baja Peninsula. The destination enjoys 350 days of sunshine yearly, is within a three-hour drive of 24 U.S. cities and has seen tourism boom by
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. Chief Legal and Policy Officer Viet Dinh will step down from his post, months after the company agreed to
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Market participants are “overconfident” about their ability to predict the long-term effects of artificial intelligence, according to Mike Coop, chief investment officer at Morningstar Investment Management. Despite a pullback so far
In this article CARS 7270.T-JP 6201.T-JP IHEB-AU 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 pandemic, supply chain issues, stubborn inflation and the Federal Reserve’s interest
Astra Taylor Source: Isabella De Maddalena In 2014, Astra Taylor co-founded the Debt Collective, the first union for debtors. Since then, one of her main goals has been to get student debt canceled. The last year or so has been bittersweet: First, in what felt like a major victory, President Joe Biden announced that he’d
In the U.S., due to continued limitations on research into the potential benefits of cannabis, we have little data on whether it can help with Alzheimer’s disease and other dementias. But in Israel, such limitations do not exist. In January, 2022, the Ministry of Health approved the use of cannabis to treat dementia and Alzheimer’s
Ever since “Under the Tuscan Sun,” I’ve imagined channeling my inner Diane Lane and restoring an old Italian farmhouse. I’m guessing that many Americans assume that’s what living abroad is like (thanks, Frances). But for the estimated nine million Americans who live abroad, everyday life is less about busted plumbing and splashing in fountains and
Tenant behavior in the office market, regulation in multifamily and a much higher cost of capital contributed to a 43% drop in New York City investment sales to $12.8 billion in 1H 2023 from 1H 2022, according to research compiled by Ariel Property Advisors. However, that drop was expected as we began to see a
This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions companies and policymakers are taking in response to the issue. Read the first story here and the second here. When Walmart’s CEO, Doug McMillon, was asked what
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Check out the companies making headlines in midday trading. News Corp — The media company’s shares jumped nearly 4% after reporting an earnings beat in the fiscal fourth quarter. News Corp posted adjusted earnings
Djelics | E+ | Getty Images Income-hungry investors have long flocked to mortgage-backed real estate investment trusts — and why not? Many of them pay a handsome, double-digit dividend. But such vehicles haven’t done so well lately. That’s because when interest rates rise and yields balloon, their valuations tend to suffer, which is what happened
Enes Evren Investors piled into Series I bonds amid record yields, and some are now eyeing an exit for higher-interest alternatives. But redeeming I bonds can be tricky, experts say. After reaching 9.62% annual interest in May 2022, I bond yields have declined with falling inflation, reaching 4.3% interest for new purchases from May through
“Why on earth would you want to live to age 100?” My wife and I often hear this puzzled response when we tell our friends and family that we’re planning our retirement to last until age 100. They often cite examples of older relatives and friends who were quite frail and ill in their later
A winery for sale in Southern Oregon checks all the boxes: thriving vineyards, riverfront location, rolling meadows, mountain views and plenty of space to expand. It’s located in Applegate Valley, surrounded by the Siskiyou Mountains, which is picturesque without being too remote. The property is a half-hour south of the Rogue River and 15 minutes
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle will ignite the same success for a new generation of luxury buyers. GM on Wednesday
Huawei’s production campus is pictured here on April 25, 2019, in Dongguan, near Shenzhen, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — Chinese tech giant Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year. The modest growth comes alongside China’s slower-than-expected
Mark Cuban vividly remembers the moment he realized he was nearly broke. He was 27 years old, trying his hand at entrepreneurship for the first time with a software company called MicroSolutions, when he plugged his PIN into an ATM and got a rude awakening, he said on a recent episode of TikToker Bobbi Althoff’s
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images Annual inflation rose slower than expected in July, a welcome sign for consumers who have been grappling with high costs. But many Americans are still feeling the sting of essential expenses such as shelter
Passengers try to rest and sleep after canceled and delayed flights while others wait to board flights off the island as thousands of passengers were stranded at the Kahului Airport (OGG) in the aftermath of wildfires in western Maui in Kahului, Hawaii on August 9, 2023. Patrick T. Fallon | AFP | Getty Images Airlines
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