By Gary Weiss, Next Avenue Contributor Family in happier times (Ada Vocino, Patricia Femia and Patricia’s kids) Courtesy of Gary Weiss The last time Patricia Femia saw her mother, Ada Vocino, was February 14, 2013 — Valentine’s Day. But this was anything but a heartfelt meeting. The two women were in the Morris County Courthouse
With the real estate development industry struggling to profitably deliver new multifamily product in a price range that more people can afford, an answer to affordability may be found by looking to the past — specifically Class B and C properties built 20, 30 or even 50 years ago. I have focused almost exclusively on
“Put not your trust in money, but put your money in trust” comes from the Autocrat of the Breakfast Table by Oliver Wendell Holmes Sr. The context was advice to young women about to be married and is probably reflective of the legal concept of coverture which put the property and earnings of a married woman
Avengers Endgame Source: Marvel Studios. “Avengers: Endgame” is expected to become the highest-grossing film of all time in a matter of days, Kevin Feige, the head of Marvel Studios announced Saturday to a crowd of thousands in Hall H at San Diego Comic-Con. In just thirteen weeks in theaters, the Disney superhero flick will finally surpass
George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Shares of CrowdStrike climbed as much as 7% on Thursday after the cybersecurity company reported earnings for the first time since its IPO. Here are the results: Loss
Traders work on the floor of the New York Stock Exchange (NYSE) the morning after Donald Trump won a major upset in the presidential election on November 9, 2016 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines midday: Microsoft — Microsoft rose 1.7% and
Netflix Co-founder, Chairman & CEO Reed Hastings attends Q&A during Transatlantic Forum as part of Series Mania Lille Hauts de France festival on May 3, 2018 in Lille, France. Sylvain Lefevre | Getty Images Netflix shares may be getting hammered on Thursday but research from Bespoke Investment Group shows that history is typically kind to
Hero Images | Hero Images | Getty Images The statistic is used to show how unequal things have become in the U.S.: Some 40% of Americans would struggle to come up with even $400 to pay for an unexpected bill. If — or, more likely, when — they’re confronted with such an expense, they’d probably
Today we’re going to dive into a question subscribers to our CEF Insider service often ask: what happens to a closed-end fund’s dividend when stocks take a tumble? The answer is coming up shortly (and if you’re at all worried about this levitating market suddenly snapping back, you’re going to like what I have to
Apollo 11 crew Neil Armstrong, Michael Collins and Edwin “Buzz” Aldrin. (NASA/Newsmakers) Getty The moon shone brighter this week, all full of itself. Leading up to the 50th anniversary of Apollo 11, four full moons reminded us just how far we’ve come and gone. Lunar cycles aside, I want to believe the full moons were
Do wildfire victims worry about their taxes? You bet. How fire victims are taxed depends on what they collect, what they claim on their taxes, if they are rebuilding their property, their insurance and more. Another big variable is whether they sue PG&E. It can build out a complex tax picture, especially now that there
A group of Southwest Airlines Boeing 737 Max 8 aircraft sit on the tarmac at Phoenix Sky Harbor International Airport in Phoenix, Arizona. Ralph Freso | Getty Images The worldwide grounding of Boeing 737 Max planes is now in its fifth month and disruptions to air travel are set to continue for several months more.
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Chewy said on Thursday it generated $1.1 billion in sales in its first quarter, recording a net loss of $29.6
Congress is going crypto. Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook’s Libra project in the interest of finding a way to regulate the digital payment system and ascertain how it is different from cryptocurrencies like bitcoin. In the hourslong confabs, Congress heard testimony from Calibra chief David
(L-R) Actors Noah Schnapp, Caleb McLaughlin and actress Sadie Sink pose after the Stranger Things panel during day 2 of Argentina Comic Con 2018 at Costa Salguero on December 08, 2018 in Buenos Aires, Argentina. Ricardo Ceppi | Getty Images | NETFLIX Wall Street analysts were urging clients to remain calm in the wake of
Most people understand the virtues of a 401(k) when it comes to saving for retirement. Still, few know that there’s another employer-sponsored plan that could work just as well, if not better. Like a traditional 401(k), a Roth 401(k) lets you contribute up to $19,000 a year through automatic payroll deductions and may come with
ASSOCIATED PRESS IBM is catching up with fast growing technology companies Microsoft and Amazon, recently. On Wall Street, that is. IBM’s shares have gained 34.80% YTD, compared to 35.58% of Microsoft and 30.80% of Amazon—see Chart. All three companies have outperformed the overall market. IBM, Microsoft, and Amazon shares YTD Koyfin That’s a big change
Hand drawing Karma Cycle concept with black marker on transparent wipe board. Getty Sometimes you put good money into a good normal stock and still reap negative profits. Perhaps it receives bad press for some unjustified reason. Perhaps a recession hits. Perhaps the CEO resigns unexpectedly. In that regard, I guess that karma doesn’t work
Like many Americans, I’d support any of the more than 20 Democratic presidential candidates over the current occupant of the White House. They are all qualified, articulate, thoughtful, patriotic grownups. Not one of them spent the Fourth of July thanking the Continental Army for securing LaGuardia. Nor does any need a teleprompter to speak full
CNBC’s Jim Cramer said Friday that the steel cycle is making a turn and Nucor will be the best way to play the market. In recent weeks, the big steelmaker twice increased the price of flat-rolled steel that summed up to $80 per ton, and that’s how the turn in the group tends to start,