Evergrande I am very far from an expert on the situation at giant indebted property company China Evergrande Group, but I will say that two things that appear to be true are: It owes 1.6 million apartments to people who...
Tucked into the House Democrats’ tax plan to raise $2.2 trillion in tax revenue is a new tax on the country’s wealthiest Americans — but other, earlier proposals that target the rich have been scaled down or eliminated altogether. The...
A line of 60 uniformed security guards stretched across the entrance to ailing Chinese property giant Evergrande’s gleaming Shenzhen tower on Monday as dozens of angry investors demanded answers – and their money – from the company. The protesters, who...
Amid a red-hot housing market, a large number of prospective buyers are overlooking some of the fine details about insuring their big investment, according to a popular real estate listing website. Data from Realtor.com found that listings are on the...
As attention on Capitol Hill turns to permanent changes to the social safety net in the $3.5 trillion reconciliation bill, temporary provisions meant to help Americans weather the coronavirus pandemic are reaching their end. Unemployment benefits for millions of Americans...
The Social Security cost-of-living adjustment for 2022 potentially will be the biggest in 40 years. Estimates indicate the annual boost could be 6.2%, prompted by rising inflation. But rising prices on grocery store shelves and at gasoline pumps aren’t the...
How the Sandwich Generation Can Plan for Retirement Individuals ranging in age from 35 to 44 or older often fall into a category referred to as the sandwich generation because they find themselves taking care of their children and parents...
In an ideal world, you'd start funding a retirement savings plan from an early age and keep making steady contributions throughout your career. Many people miss that initial boat, though, and don't begin setting funds aside for retirement until they're...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
In an ideal world, you'd start funding a retirement savings plan from an early age and keep making steady contributions throughout your career. Many people miss that initial boat, though, and don't begin setting funds aside for retirement until they're...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
Americans’ retirement security is unstable, and legislation focused on pensions, Social Security and other savings or healthcare concerns must be a priority for government officials, a group of 31 organizations wrote in a recent public letter to President Biden. Companies,...
Around 35 million American families have already received their first advanced child tax credit payment. Beginning on July 15, the advanced payments began. The checks will continue to be disbursed every month until the end of the year totaling half...
After eight years of legal battling, CalPERS just this July tentatively settled a class-action lawsuit filed by policyholders who argued that CalPERS had announced premium increases of 85% in 2013, and implemented starting in 2015, contrary to policy contracts. The...
Market Update The markets across the board ended positive for the quarter, bringing the year-to-date figures to staggering levels. Many would argue the positive half year figures would make for great one-year returns. So, do we say it’s smooth sailing...
