Investing
-
‘Real estate is tangible. It enjoys a host of tax benefits’: Yes, investors can still make money in a cooling housing market
Rent growth is cooling and apartment landlords are feeling the heat, especially those who will soon need to refinance debt they took on to buy buildings. Yet one company is still upbeat on the outlook for multifamily rentals, particularly in the Sun Belt. “You have major supply constraints in most rental markets [and] the housing…
-
Amazon workers’ serious-injury rates still double those of other warehouse workers, study shows
For the second year in a row, an annual report’s findings that serious-injury rates at Amazon.com Inc.’s warehouses were more than twice the rates at other warehouses coincides with a shareholder resolution calling for an independent audit of worker health and safety. The injury rate of 6.6 per 100 workers at Amazon’s U.S. warehouses in 2022…
-
U.S. billionaires have grown nearly one-third richer during the pandemic, while a ‘permanent underclass’ struggles, Oxfam says
Wealth inequality in the United States is “more extreme and dangerous than income inequality” and could be alleviated by a federal wealth tax, a new report says. The nation’s billionaires are almost a third richer than they were at the beginning of the COVID-19 pandemic in 2020, according to new calculations by the global charity…
-
‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?
I am 46 and single. I have a good job and own my own home but live modestly. I have been fortunate not to have had to ask my parents for anything over the years. My brother and sister, by contrast, have done so, and often. My parents are comfortable, but not wealthy. My brother…
-
Head of world’s largest asset manager says this is why Fed will struggle to bring down inflation
“‘I believe interest rates are going to be higher for longer…I believe inflation is going to be stickier for longer. In other words I think we’re going to have a 4%-ish floor on inflation.’” — Larry Fink, BlackRock Inc. That’s BlackRock Inc. BLK, +3.07% Chairman and CEO Larry Fink arguing that global “fragmentation” and reshoring…
-
‘Get out of your own head’: How to reinvent yourself in retirement
As I see it, unretirement—when you work part time in retirement after leaving a full-time job, as I’m doing—is a period of reinvention. That can be a little uncomfortable, even scary. In her new book, “Next! The Power of Reinvention in Life and Work,” Joanne Lipman has some useful ideas on how to do it.…
-
Most Americans aren’t banking on Social Security
Most Americans don’t feel they can depend on Social Security for retirement income and worry about their long-term financial stability, according to a new study from Allianz Life Insurance Company of North America. Nearly three in four (74%) say they can’t count on Social Security benefits when planning retirement income. As a result, 88% believe…
-
Orange-juice futures are near a record. Sugar is at an 11-year high. And coffee is peaking too. What’s going on?
[]Some commodities that are grown rather than mined, known as “softs” to traders, have rallied so far this year, with sugar prices this week trading at their highest price in 11 years and orange-juice futures touching their highest prices on record. []“Most of the softs sector fall under the category of ‘weather derivatives’,” as weather…
-
UnitedHealth’s stock reverses lower amid concerns over changes to Medicare Advantage rates
Shares of UnitedHealth Group Inc. slumped Friday, reversing an earlier gain, after the health insurer reported earnings that beat expectations and raised its full-year outlook but expressed concern over the “unintended consequences” of changes to Medicare Advantage rates. The stock UNH, -2.74% dropped 2.5% in afternoon trading to pull back from a three-and-a-half-month closing high…
-
Peak euphoria hits this sector ?
Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! IDAI – Momentum continues, closes up 45% yesterday CXAI – Trades up over 250% in pre-market on no news as overnight shorts are blown up SAI – Another stock ending in AI up over…
