The AvalonBay Communities Park Loggia condominium, center, stands at 15 West 61 Street in New York, May 15, 2019. Mark Abramson | Bloomberg | Getty Images Sales of Manhattan properties jumped for the first time in a year and a half, but the good times aren’t likely to last. Real estate sales volume in Manhattan
Stocks may have brushed up against record highs Monday. However, a looming threat is just a couple weeks away once profit reports from the second quarter hit. Analysts have been taking a dimmer view of what is ahead for earnings. They’ve already forecast a decline for the first three quarters of 2019. Now companies are
Slocan Lake, BC Ira T. Nicolai | Stone | Getty Images It’s not every day that you’d tell a retiring client to ratchet up their stock exposure, but if she has some guaranteed income, it just might make sense. That’s because pension income, Social Security benefits and income annuities all provide retirees with a measure
If you’re heading down the aisle this year, your tax situation is likely the last thing on your mind. Yet at some point, it’s probably worthwhile evaluating what getting married will mean for your taxes. While many couples will see their taxes drop, some face a “marriage penalty” — paying more than if they had
A worker wraps cargo in plastic before it is loaded into a shipping container at the Port of Veracruz in Veracruz, Mexico. Susana Gonzalez | Bloomberg | Getty Images Main street groups are sounding off on President Donald Trump’s latest round of tariff proposals — this time levied on goods imported from Mexico. Last week
America is trying to turn China into another Japan. When it comes to trade relations between the two sides, that is. Washington wants to be in control of US-China trade. The same way it wanted to be in control of the US-Japan trade back in the 1980s. That’s has been obvious from the very beginning
Frazzled Francine wanted a second opinion on the Variable Annuity she had been sold. Getty A few months back, a prospective financial planning client came into my office to get my help determining if she has built up enough wealth to retire comfortably. Let’s call her Frazzled Francine (not her real name). Francine had
This shows the comparison of a Tankless (gas) verses a Tank water heater. Photo courtesy of Rinnai The average household uses 64 gallons of water each day. According to the U.S. Energy Information Administration, with water heating the second largest household consumer of energy. A good solution being adopted by many homeowners is a tankless
Xilinx: “I say [sell, sell]. Own half of it, at least. Look, there’s conflicting reports about what the story with Huawei is. This company makes space station for China and therefore I think it may not be part of the amnesty, so I don’t want to get too out of control.” AeroVironment: “The bears have
James Dolan, President and CEO of Cablevision. Matthew Stave | Bloomberg | Getty Images New York Knicks James Dolan has never made the team his number-one priority, much to the chagrin of the NBA team’s exasperated fan base. But many Knicks fans may not know that Dolan’s latest passion project involves futuristic, dome-shaped arenas with