The booming market for luxury rentals in Manhattan has led to a new market segment: the $100,000-a-month rental. Demand for ultra-luxury rentals is soaring in Manhattan as more wealthy buyers decide to sit on the sidelines and rent. At the same time, more sellers of trophy penthouses and pricey townhouses are opting to rent to
A Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Goldman Sachs believes the U.S. economy is poised to snap back and certain stocks could have the most upside from the economic recovery. Cyclical stocks, those typically tied to economic growth, have led the record-setting rally in the past three months. While the
Ariel Skelley | DigitalVision | Getty Images What is a suitable investment for someone? What is in an investor’s best interest? What is the difference between a securities broker and a financial advisor? If you have no idea, you’re not alone. “There is still so much confusion with financial terms,” said Ashley Guerra, chief compliance
Billionaire hedge fund manager Ray Dalio wants the average investor to learn from the errors of others. In fact, the “biggest mistake” he sees investors make is thinking that markets that went up recently are “better bargains rather than expensive bargains.” “Don’t make the mistake of buying those things that have gone up thinking they’re
Are you wondering if you should convert your retirement account to a Roth by the end of the year? After all, there’s no income limit on IRA conversions and many employers are now allowing employees to convert their company retirement plan balances to Roth while they’re still working there. At first glance, it may sound
Share to facebook Share to twitter Share to linkedin CULVER CITY, CALIFORNIA – JUNE 07: Volunteers participate in a Habitat for Humanity build on June … [+] 07, 2019 in Culver City, California. (Photo by John Wolfsohn/Getty Images) Getty Images As the calendar year winds down, savvy taxpayers are looking for ways to make year-end
Virtually Staged Living Room The Agency Virtual staging has gained traction among real estate agents around the county. As software gets better realistic virtual staging can turn an empty or outdated home into a fully furnished model ready for prime time. Judy Dutton, deputy editor at realtor.com confirms that virtual staging is a fast-growing trend.
Hyperloop Transportation Technologies capsule. Source: Hyperloop Transportation Technologies DUBAI, United Arab Emirates — Hyperloop isn’t set to threaten the aviation industry anytime soon, a senior Boeing executive told press during the Dubai Air Show. Amid growing conversations about reducing carbon emissions and cutting costs for air travel, Randy Tinseth, the vice president of marketing at Boeing
A Chinese bank employee counts 100-yuan notes and U.S. dollar bills at a bank counter in Nantong in China’s eastern Jiangsu province on August 6, 2019. STR | AFP | Getty Images China is heavily exposed to the U.S. dollar, but now, with the risk of “decoupling,” Beijing is silently diversifying its reserves to reduce
A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New York City. Johannes Eisele | AFP | Getty Images As the S&P 500 has broken out of its trading range into record highs, euphoria has been growing — fast. Technicians like Stephen Suttmeier