While more than three in 10 U.S. retirees say they would be motivated to rejoin the workforce if inflation continued to eat into their savings, 43% of retirees see their age as a barrier to getting a ...
Tag: Society
I shared expenses 50/50 with a friend on vacation. She wants me to split the cost of her credit card’s foreign-transaction fees. Is that sharp practice?
Dear Quentin, I recently took a trip to another country with a friend. We agreed to share expenses. When they presented their list of expenses, they included a foreign transaction fee charged by the c...
I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do?
I went into business with friends operating a night market. We hold big events every two weeks. We started an LLC as equal members, all with a 25% share. Friend A had the idea to do it and said they w...
Using Financial Censorship to Prevent Crime Could Be Bad for Society
In the society foreshadowed by such schemes, Socrates wouldn’t just be executed – he would never exist in the first place. Crime, Durkheim would argue, represents a frontier of social transformation, ...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
‘The backlash to quiet quitting smacks of another attempt by the ruling class to get workers back under their thumbs:’ Am I wrong?
I have something to get off my chest. Please bear with me. We learned a lot from the (more than) two years of pandemic life. Among those lessons: 1. We can be really effective and productive working ...
‘Home prices where I live are close to $600,000.’ Is it a smart move to buy a house with all-cash — or better to take out a mortgage?
Dear Big Move, I’ve recently been thinking about purchasing my first home at 35. I have a nest egg of about $1.8 million that I’ve accrued over the past 14 years. This money is completely invested in...
Beware of a ‘bear trap’ retreat in stocks after the big summer rally, strategists warn
It looks like a “bear trap” may be lurking in this summer’s big bounce for the stock market, one that could lead to painful losses for investors, Glenmede strategists warned in a Monday report. Invest...
‘The pause has meant everything:’ What happens to borrowers — and the economy — if Biden lets student loan payments resume in September
There’s less than two weeks until the latest pause on federal student loan payments is set to expire on Aug. 31. No need to tell Cassie Smith. The chance of restarted payments are “a looming rain clou...
Having a Long-Term Care Plan Is Crucial. Here, 2 Hybrid Policy Types to Consider
For millions of baby boomers, Gen-Xers, and millennials who have no long-term care strategy, the pandemic has sent a message: Act now or it will cost you later. It’s a sobering task no matter your fi...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace. American companies are on pace to reshore, or return to the U.S., nearly 350,000 jobs this year, according to a report...
Vibin’ Ape Society Arises – the Pioneering NFT Collection which Integrates Dividends & Music Streaming
Advertisement     NFTs are no longer restricted to digital art, and the environment is undergoing a rapid transformation as new trends, utilities, and markets emerge. ...
July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...
Ethereum’s Vitalik Buterin Hails Ukrainian Tech Society For The Bravery To Host A Web3 Hackathon
– Advertisement – Next month, there will be a Web3 hackathon in the Ukrainian capital, Kyiv, and Vitalik Buterin is happy about it. Many people would expect the ongoing war in Ukraine to...
All the reasons a dozen eggs now costs up to 38% more than one year ago
Why are eggs so expensive now? Grocery prices continued to soar in July despite slower inflation overall, and eggs were among the foods experiencing the biggest increases. The average price of a doze...
‘I’m in a very lucky position’: I will receive a $300,000 inheritance. Should I pay off my mortgage or invest the money?
I currently owe $300,000 on my house with a 2.5%, 30-year mortgage. I am maxing out my retirement accounts — IRA and 401(k) — and looking to retire in less than 10 years. I will receive an inheritance...
Inflation Reduction Act would send $80 billion to the IRS. Tax experts say it may not be enough to help the backlogged agency.
For roughly a year, Jonathan Baer watched a paper folder full of tax-related paperwork slowly grow as he chronicled his effort to claim his 2020 tax refund. The attempts included upwards of 40 phone c...
If Your Co-Workers Are ‘Quiet Quitting,’ Here’s What That Means
Not taking your job too seriously has a new name: quiet quitting. The phrase is generating millions of views on TikTok as some young professionals reject the idea of going above and beyond in their ca...
Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA
Households, not hedge funds or major corporations, represent the biggest class of owners of the U.S. stock market. That matters because households, the “placid gorilla” in U.S. stocks, haven’t cut and...
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest pr...
Bank of America draws mixed reviews for zero-down-payment mortgages aimed at boosting Black and Hispanic home ownership
Bank of America Corp. is drawing a mixed reaction in social media to a zero-down-payment mortgage program aimed at bringing first-time home ownership within closer reach of more African American and H...