Month: August 2018

Getty Pictures, Royalty Free Realtors screamed and home owners worried. In late 2017, Congress and the President wanted to make the $1.5 trillion plus cuts in corporate and other taxes not look so big. So they raised taxes for some people by drastically limiting the deductions for state and local property and income taxes (SALT),
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Woman in retirementAdobe Stock Photo According to the Centers for Disease Control and Prevention, once Americans reach age 65, life expectancy is an additional 20.6 years for women and 18 years for men. Women are living longer and therefore more is needed to cover expenses during their retirement years. Statistically, women lag behind men in
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Every investor makes mistakes, even the Oracle of Omaha, Warren Buffett. That’s the investing wisdom Michael Batnick wants to impart. Batnick, director of research at Ritholtz Wealth Management and author of “Big Mistakes: The Best Investors and Their Worst Investments,” has pinpointed three of the most prevalent and perilous mistakes every investor has made. One
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LifeEdited founder and micro-living guru Graham Hill bought two apartments in SoHo to renovate and resell.CHRISTOPHER TESTANI Television shows like “Desert Flippers” and “Flip or Flop” are giving viewers across America a taste of the real estate pie. In New York City, where the sales market historically prevails, house-flipping can be an exceptionally enticing investment.
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Rendering of 700 Santana Row.Federal Realty Trust. Big data analyst Splunk is expanding, and its location of choice underscores the appeal of suburban mixed-use projects as viable alternatives to tight downtown tech markets. The San Francisco-based firm, which enables companies to make sense of machine-generated data, announced this week that it would occupy the entire
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Ulta Beauty shares rebounded Friday morning after falling in after-hours trading Thursday, as the makeup retailer announced it will be bringing Kylie Cosmetics to its stores, exclusively, ahead of the holiday season. The stock skyrocketed as much as 10 percent, hitting a 52-week high of $268.88. On Thursday afternoon, shares fell more than 6 percent
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The administration’s interest in allowing investors to factor in inflation when calculating their capital gains tax liability is mounting. On Thursday, President Donald Trump said he’s thinking “very strongly” about doing so. That comes after Treasury Secretary Steven Mnuchin announced earlier this month that he was considering a proposal on it, as well. Don’t brace
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Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column address some practical effects of the earnings test, benefit recalculation due to continued income, maxing out spousal benefits, how and when SSA taxes are paid and two potential ways widow(er)’s
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Bank of America Merrill Lynch is getting worried about the video gaming industry’s holiday selling season. The firm lowered its rating for both Electronic Arts and Activision Blizzard shares to neutral from buy, citing the crowded holiday slate and competition from “Fortnite.” On Thursday, EA shares fell nearly 10 percent after the company delayed its
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Shares of Big Lots plunged in premarket trading Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 10 percent before the opening bell, set to add to its 14.7 percent decline so far this year. The Columbus, Ohio-based company reported quarterly net income
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