Lawmakers have introduced a bill that would make it easier for student loan borrowers to cancel their debt in bankruptcy. The measure, which is supported by 14 Democrats, one Republican and one independent, is dubbed the Student Borrower Bankruptcy Relief Act of 2019. “Americans struggling financially should have the option to discharge their student loans
Do you want to live in the same apartment once occupied by the most famous alleged female fraudster of the 21st century? You’re in luck. The notoriously secretive Elizabeth Holmes, charged with nine counts of wire fraud, two counts of conspiracy to commit wire fraud and awaiting her criminal trial, lived at Lombard Place Apartments
Bitcoin has outperformed stocks and gold, so far, in 2019. The digital currency has gained close to 68% YTD, the NASDAQ QQQ Invesco ETF shares have gained 18.09%, the Russel 2000 iShares ETF has gained 15.04%, while SPDR Gold shares have lost 0.08%. Stocks, Gold, and Bitcoin YTD Koyfin Meanwhile, the rest of the cryptocurrency was
LVMH announced Friday that it will partner with Robyn Rihanna Fenty to create a new luxury fashion house under the label “Fenty.” This would put Fenty under the same umbrella as LVMH’s other luxury fashion houses including Louis Vuitton, Christian Dior, Fendi and Givenchy. LVMH said the Paris-based brand will launch its first line this
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Facebook co-founder Chris Hughes says Facebook should be br9ken up. Getty Chris Hughes, a Facebook co-founder who says he sold all of his shares in 2012, believes the company should be broken up. He was as wrong about Facebook in 2012 as he is now. Here are three reasons Facebook should not be broken up.
President Donald Trump on Friday claimed a victory of sorts in an ongoing trade war with China, asserting that his latest round of import tariffs on Chinese goods will force China to pay “$100 billion” to the U.S. Treasury. Not only is Trump overstating the amount of those payments, he’s apparently unaware of who pays
How will we know whether Opportunity Zones have been successful? That’s a question many investors and community leaders have been asking since the bill’s enactment in December 2017. The good news is, there may finally be a way to figure that out. The bad news? The official enactment may take a while. A new proposal
In the ongoing battle between President Donald Trump and the Federal Reserve over interest rates, it’s consumers that are caught in the middle. The Fed has already hiked its benchmark rate nine times since December 2015. In March, it indicated that it is likely done with increases for the rest of 2019 despite previously forecasting
Apple shares have slid steadily amid tumultuous U.S. trade negotiations with China, as investors fear CEO Tim Cook’s warning earlier this year about iPhone sales in China may yet come true. Apple’s stock is down more than 7% since President Donald Trump declared he would increased tariffs on $200 billion of Chinese goods to 25%.
The U.S. government on Friday approved the formation of a new Silicon Valley stock exchange following a regulatory criticism late last year. Backed by top Valley figures such as venture capitalist Marc Andreessen, the Long-Term Stock Exchange was born out of concern from the nation’s tech elite who were frustrated that the public market’s focus
If community college is in the cards for your high school senior, don’t wait until the fall to prepare. Having the right strategy going before starting on that path to an associate’s degree can help your child finish his education on time or make a successful transfer to a four-year college. “For the 17-year-old whose
(Photo by Leon Neal/Getty Images) Getty Telefonica-owned U.K. mobile operator O2 has partnered with U.K.-based Wireless Infrastructure Group to bring 5G to U.K. hotels, shopping malls, sports stadiums, and conference centers. The multi-million-pound investment is designed to deliver enhanced connectivity to these busy public spaces. “This significant investment in our network will give O2 customers an even
A lovely house built in 1709 is the centerpiece of this historic wine estate. Lew Geffen Sotheby’s International Realty Do you want to make wine? If so, a historic wine estate in the western Cape Winelands is available for sale. Located about four miles east of Wellington in the high end of the Bovlei Valley,
Luxury Miami homes on an island Getty It’s been more than six months since the U.S. Treasury’s money laundering enforcement arm expanded ownership disclosure requirements for all cash real estate deals in South Florida to include any transactions of $300,000 or more. For the first time, the Financial Crimes Enforcement Network also cast the net beyond Miami-Dade
Female professional showing computer to businesswoman. photo credit: Getty Getty A few weeks ago, I published an article discussing the dearth of female-founded PropTech startups. Part of the reason for this, as we saw in the article, is due to PropTech sitting at the intersection of tech and real estate, two industries that historically have lower
Tesla‘s increasing production rate and active resale market may be hurting the brand’s appeal and diminish demand for its cars, Morgan Stanley said on Friday, in a counter-intuitive note to clients. “Many auto companies make great efforts to maintain and remarket their used vehicles to increase accessibility of the used product to customers who otherwise
Fears in Retirement Adobe Stock Photo Common fears among individuals run the gamut from public speaking to an extreme fear of heights to claustrophobia and the list goes on and on. You can ask any psychologist or psychiatrist and they will most likely tell you they are currently helping or have helped someone work through
A turnkey 7,592-square-foot estate in Scottsdale, Arizona is being offered for $6.2 million. Courtesy of Russ Lyon Sotheby’s International Realty A turnkey 7,592-square-foot estate in Scottsdale, Arizona comes with an unusual gift from the seller for the new homeowner—a Bentley sedan. The sprawling home is being sold with the Bentley already parked in its expansive
Like every other industry, property management has seen major technological advancements in recent years, and it’s crucial to make sure your service adopts the most efficient tools available to it. But in truth, the quality of a property management company doesn’t hinge on technology — it comes down to principle. Looking back on my last
Here are the biggest calls on Wall Street on Friday: Bank of America said Ford is starting to hit a more “sustainable inflection in earnings.” “We are upgrading our investment rating on Ford from Neutral to Buy, which is predicated on our view that Ford is just starting to hit a more sustainable inflection in
The Dow Jones Industrial Average is on course to close Friday with its worst weekly losses of the year as trade uncertainty continues to spook investors. Matt Maley, equity strategist at Miller Tabak, has some advice for those concerned over these wild market swings. “The old saying people would say [is] “don’t just stand there,
Investing isn’t just a man’s game. Financial equality and independence are just as important for women. And for those women looking to seek a life of prosperity and build wealth, having the right investing skills is the key. Many women may think they lack the knowledge and insight necessary to grow their money with investments.
Technological disruptions are happening more frequently, and to every industry. When you are focusing on managing the relationships you have with your clients while also staying up to date on trends in the market, it may seem like there isn’t enough time to keep up with what’s new in technology as well. However, it’s important
DOMINIC LIPINSKI | Getty It’s official: Baby Sussex has greeted the world and the royal family. And he will eventually have to say hello to Uncle Sam. The first child of the Duke and Duchess of Sussex — Archie Harrison Mountbatten-Windsor — made his world debut on Monday and his first public appearance on Wednesday.
New tariffs kicked in at midnight just as the markets had feared, but stocks are hanging in there. Dow futures were down less than 50 points even after President Trump said there was ‘no need to rush’ on a trade deal. That’s because traders are holding onto the hope that there’s still plenty of time
China tariff’s went into effect early Friday morning and Wall Street strategists were left trying to figure what’s next for their clients. Some fear an all-out trade war, others are waiting for China to retaliate before recommending action, while some were hopeful for a deal. Stock futures were flat to slightly positive in premarket trading