In this photo illustration, packages of Mifepristone tablets are displayed at a family planning clinic on April 13, 2023 in Rockville, Maryland. Anna Moneymaker | Getty Images House Democrats on Thursday called on Walmart, Costco, Kroger, Safeway and Health Mart to publicly commit to sell the prescription abortion pill mifepristone at their retail pharmacies. Pending
FTX founder Sam Bankman-Fried leaves US Federal Court in New York City on March 30, 2023. Kyle Mazza | Anadolu Agency | Getty Images Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of a foreign government official, after a Bahamas court ruling cast doubt
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT It’s been 17 years since my last trip to Disney World. How much could have changed? The parks are still fantastic. But the days of hopping aimlessly from ride to ride are gone. Now, a successful trip — defined here as minimizing time spent
After more than a year of steady rate hikes, the Federal Reserve held its target federal funds rate steady Wednesday. For households, however, that offers little relief from record-high borrowing costs. “It’s not like rates will go down,” said Tomas Philipson, University of Chicago economist and a former chair of the White House Council of Economic
In May, inflation abated a bit and gasoline prices fell 19% — that should feel good at the household level. Inflation is mending and the general sentiment is that the Federal Reserve rate increases are on hold. What’s Your Inflation Language? How you refer to the current period of price hikes can signal what you
A pilot holds the thrust controls of a United Airlines Boeing 787 aircraft at Newark Liberty International Airport in Newark, New Jersey, March 9, 2023. Ed Jones | AFP | Getty Images A House panel voted Wednesday to raise the mandatory retirement age for commercial airline pilots to 67 from 65 as the industry faces
A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel company KBW, notes there’s a delayed reaction in the marketplace from the last hike — calling a 25 basis point move at 5% a very different situation than off a half percent. “This is getting
Guests are seen in the J Hotel located in the Shanghai Tower, in Shanghai on June 23, 2021. Hector Retamal | Afp | Getty Images China, with the world’s second-largest economy and the second-highest population, will again see the biggest exodus of millionaires this year, according to new research. According to a report by investment
View Press | Corbis News | Getty Images Rent prices in the U.S. are now out of reach for many low-wage earners. A full-time worker in the U.S. needs to make $28.58 an hour, on average, to afford the rent on a modest two-bedroom apartment in their area. In California, Hawaii, Massachusetts and New York,
As the only capable adult child with two difficult aging parents, Liana’s situation is not unique. The burden of trying to keep them safe falls squarely on her alone. And she has avoided for too long the unpleasant subjects she needs to discuss with them. They are in denial. They resist. They get angry when
The ongoing struggle between employers and employees over remote work continues. Some employers are threatening remote workers, while others are offering more in-office benefits. We’ll see how it all pans out, but our tight job market currently gives workers—at least college-educated ones—the upper hand over employers. The Washington Post recently reported how Google GOOG is
After turning $5,000 in seed money into a billion-dollar empire, buying a Gilded Age estate named Stronghold seemed the right move for fashion mogul Marc Eckō. The wunderkind, a former graffiti artist and pharmacy school dropout, purchased the Bernardsville, New Jersey, castle in 2005. The 20,000-square-foot stone manse and tower looked as formidable as the
Mark Stone celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers at T-Mobile Arena in Las Vegas, June 13, 2023. Jeff Speer | Icon Sportswire | Getty Images The Stanley Cup belongs to Sin City. The Vegas Golden Knights, in just their sixth season
WASHINGTON, DC – MAY 03: Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high.
If you want to start a new side hustle or business, you’ll probably need some money to get it off the ground. Don’t seek out an investor, says billionaire entrepreneur Mark Cuban. Instead, make sure your idea can be profitable from Day 1, and use the proceeds to grow your venture. “I was always geared
Couple talking to financial advisor at home Fg Trade | E+ | Getty Images After an interest rate pause from the Federal Reserve and predictions of future hikes, advisors are weighing bond allocation changes and portfolio opportunities. The central bank on Wednesday announced a break from raising interest rates, following rate increases during the last
The U.S. sweats its workers the hardest! A new report by Oxfam finds that among 38 rich nations in the Organization for Economic Cooperation and Development (OECD), the U.S. is dead last among measures of wages, worker protections and labor rights. The U.S. ranks 36 out of 38 in wage policies, with Mexico at the
Robert Goulder of Tax Notes and Benjamin Alarie and Susan Massey, both of Blue J Legal, discuss the benefits and drawbacks of using generative AI models to assist with complicated tax questions and research. Robert Goulder: Hello and welcome to the latest edition of In the Pages. I’m Bob Goulder with Tax Notes. Today we’re
After a small dip in the winter months, the luxury real estate market in Arizona’s Valley of the Sun is rising again. According to data provided by Scottsdale-based brokerage RETSY, the number of homes sold in Paradise Valley—Arizona’s wealthiest community—has surpassed that of all of last year, with the average sales price reaching $3.69 million
PGA Tour Commissioner Jay Monahan is taking a leave of absence as he recuperates from a medical condition, the organization said in a statement late Tuesday, just days after the tour announced a deal to merge business interests with the Saudi-backed LIV Golf league. “Jay Monahan informed the PGA Tour Policy Board that he is