Forbes Global Properties A former equestrian property in Westport, Connecticut, comes with a main house and separate cottage, plus a converted barn on subdivided acreage. Thin columns support a portico over the entry. Mark Orensteen | The Higgins Group Private Brokerage The 4.54-acre estate in Westport’s Old Hill section was once part of a larger
In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT A shopper exits a Best Buy store during Black Friday sales in Brooklyn, New York, November 26, 2021. Brendan McDermid | Reuters Best Buy said Thursday that it will double down on its membership program as consumers buy fewer discretionary items. Starting June 27, the
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Courtesy: Rivian Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. related
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest rates by 25 basis points and revises its economic projections to now exclude the possibility of a U.K. recession
A shopper in Greenville, New York, April 30, 2023. Robert Nickelsberg | Getty Images News | Getty Images Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade highs and costs for household staples appear to be in retreat. The consumer price index, a key
Goldman Sachs has agreed to pay $215 million to settle claims for gender discrimination against nearly 3,000 former employees. While the tax treatment of proceeds at settlement is sometimes unclear, and unfair, the parties in this case will have an unusually straightforward result. In short, Goldman can deduct its settlement payment and legal fees. The
Former US President Donald Trump speaks at a campaign event in Manchester, New Hampshire, US, on Thursday, April 27, 2023. Adam Glanzman | Bloomberg | Getty Images Former President Donald Trump on Wednesday again pushed false claims that his 2020 election loss to President Joe Biden was “rigged” as he clashed with a CNN host
In this article U Follow your favorite stocksCREATE FREE ACCOUNT Unity Software CEO John Riccitiello speaks onstage during TechCrunch Disrupt SF 2018 in San Francisco, Sept. 5, 2018. Steve Jennings | TechCrunch | Getty Images Shares of Unity Software popped more than 11% in extended trading Wednesday after the company released first-quarter earnings that beat
In this article SONO U HOOD GRPN DIS Follow your favorite stocksCREATE FREE ACCOUNT Robyn Beck | Afp | Getty Images Check out the companies making headlines in extended trading. Disney — Shares fell 4.7% after the company reported mixed fiscal second quarter results. Earnings came in line with estimates, while revenue slightly beat analysts’
Bernardbodo | Istock | Getty Images New government data shows inflation is cooling, and that means Social Security beneficiaries will likely see a lower cost-of-living adjustment next year. The Social Security cost-of-living adjustment for 2024 could be 3.1%, according to a new estimate from The Senior Citizens League. That’s well below the 8.7% increase to
Your spouse recently died leaving all her assets to you. Your attorney has assured you that no estate tax is due, but you still need to file an estate tax return. Do not overlook the importance of filing the return. It may save your family millions in estate taxes after your death. The estate tax
As cities continue wrestling with myriad problems, most noticeably empty office buildings due to increased working from home, urbanists Edward Glaeser and Carlo Ratti in the New York Times NYT propose a new role for cities—the “Playground City.” While they have some useful ideas, their analysis ignores economic, structural and equity problems facing cities which
Forbes Global Properties In Montecito’s coveted Hedgerow neighborhood, gates, tall hedges and ivy-covered walls allow only a peek at the houses that lie beyond. It’s a tranquil Southern California community where privacy is built-in and people tend to put down roots. As such, homes infrequently come on the market. A 1938 Spanish-style residence now listed
In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways plane seen at Cancun International Airport. On Wednesday, 23 March 2022, in Cancun International Airport, Cancun, Quintana Roo, Mexico. Artur Widak | Nurphoto | Getty Images JetBlue Airways has unveiled new perks for less-frequent flyers who are striving for elite status, the
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Writers walk the picket line on the second day of the television and movie writers’ strike outside Disney Studios in Burbank, California on May 3, 2023. Robyn Beck | AFP | Getty Images A writers strike, a feud in Florida and ongoing company-wide layoffs —
In this article IEP Follow your favorite stocksCREATE FREE ACCOUNT Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information regarding its corporate governance. The shares fell
Userba011d64_201 | Istock | Getty Images Wall Street has eagerly rallied around companies making notable strides in artificial intelligence. However, several investors warn that the increasingly widespread deployment of AI has opened a Pandora’s box of concerns about environmental, social and corporate governance, or ESG. Generative AI models — ChatGPT being the most prominent example
Damir Khabirov After years of low returns, money market mutual funds have recently become more attractive, thanks to a series of interest rate hikes from the Federal Reserve. But some investors worry about increased risk as the debt ceiling debate intensifies. Money market funds — which are different than money market deposit accounts — typically
Prostock-Studio | Istock | Getty Images If you piled into Series I bonds over the past couple of years amid record-high yields, you may be eyeing an exit strategy as the rate declines. In May, annual I bond interest for new purchases dropped to 4.3% through October, down from 6.89% last November, based on cooling
House Republicans have now passed legislation that would drastically cut people off from a wide range of programs vital to their financial security in exchange for a promise to let the federal government honor its past commitments and pay its bills. These cuts if indeed enacted would sharply reduce spending on a number of programs