Lisa Hess and her daughter Lucy enjoy a cup of coffee in San Luis Obispo, California. Shannon McMillen Photography Lisa Hess, owner of Lucy’s Coffee, has started the long climb to restoring her business in a post-coronavirus world. But her well of emergency funding is about to run dry. The crisis came at quite possibly
U. S. Department of Labor watchdogs just opened the door for private equity wolves to sell the … [+] highest cost, highest risk, most secretive investments ever devised by Wall Street to 401k plan sponsors. 401k investors will be devoured like lambs to the slaughter. Getty U. S. Department of Labor watchdogs just opened the
Woman dealing with taxes on her retirement savings. Getty Are you setting yourself up for a tax problem caused by your retirement savings? Too often, people hear the tax-deductible and tax-deferred side of the story and assume that means tax-free. Not so, unfortunately. Recently a new client shared that she had made a withdrawal after
Photo: Getty As real estate professionals, our mission is to help people reach their homeownership goals. Our entire existence is consumed with thinking about how to help more people get their keys. We lie awake in bed thinking of ideas for doing this at a bigger scale. After a decade in the industry, I have
John David Washington and Robert Pattinson star in “Tenet,” an upcoming spy film written and directed by Christopher Nolan. Warner Bros. It seems Warner Bros. isn’t confident that movie theaters will be up-and-running and in-demand by July 17. On Friday, the studio pushed back Christopher Nolan’s spy drama “Tenet” to July 31, replacing it with
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than $1 billion and be the biggest of its kind,
Dean Mitchell You don’t know where to start. You hardly have any money. You don’t know the financial terms. Lots of conditions may stop non-investors from becoming investors, says Bola Sokunbi, a financial education instructor and author of Clever Girl Finance. The intimidation people feel is real, and Sokunbi thinks it stems from a financial
NEW YORK, NY – APRIL 10: Dwyane Wade; Victor Cruz, DJ Clue and Carmelo Anthony are seen at Dwyane … [+] Wade’s One Last Dance Retirement Party at CATCH NYC on April 10, 2019 in New York City. (Photo by Bobby Metelus/Getty Images) Getty Images The fin-tech firm Betterment found a third of millennials/Gen Z
Photo: Getty There’s a hidden secret in real estate: Single-family houses are evaluated based on market comparables (“comps”), while the real power of real estate lies in the profitability of commercial residential properties and knowing how to force equity. One of the largest purchases in most Americans’ lives is their residence. Be sure your largest
As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. Officials at the Centers for Disease Control and Prevention said Friday