Wealth

FUTURE LIGHT | Photodisc | Getty Images Sales contracts for Manhattan apartments plunged by nearly a third in June as the city’s scorching real-estate market started to cool amid recession fears and declining stocks. New York real estate was on a tear through the early spring, with high prices and strong sales. The median sales…

If you can even find a new car to buy, actually purchasing it is going to cost you. “It’s a really difficult time to buy a car,” said Jessica Caldwell, executive director of insights for Edmunds. Limited inventory due to a persistent shortage of computer chips, along with other supply-chain challenges, helped propel new car…

The best way to save the planet isn’t necessarily recycling – it’s stepping into a voting booth. That’s according to celebrity science educator Bill Nye, television’s “The Science Guy,” who spoke at the Aspen Ideas Festival in Aspen, Colorado, last week. “To be sure, recycling the bottles, don’t throw the plastic away [and] compost your…

Travelers wondering what it’s like to visit Thailand now may be interested to know the country is “allowing almost everything” again. That’s according to the Tourism Authority of Thailand (TAT), the governmental entity responsible for promoting tourism to the country. Masks are no longer required, and the country’s color-coded system — which placed limits that…

Former Google CEO Eric Schmidt appears to be among the Americans who roll their eyes – and scratch their heads – when imagining the metaverse. At the Aspen Ideas Festival in Aspen, Colorado, this week, Schmidt conveyed indifference and a bit of confusion when asked how the metaverse might affect global relations. “There’s not an…

In this article AC-FR International travelers may prioritize visits to the Eiffel Tower and the Louvre when they visit France.     But French residents have other ideas. Border restrictions during the pandemic largely gave locals the chance to explore their country without foreign tourists, which in 2019 numbered some 90 million. The French did not…

The Supreme Court’s recent 5-4 decision to overturn Roe v. Wade and allow states to outlaw abortion could have long-lasting financial effects on those seeking the procedure, researchers have found. Those who are unable to get an abortion and later go on to give birth are more likely to experience “an increase in household poverty…

In this article MC-FR A winemaker samples a glass of Joseph Phelps Insignia at the Culinary Institute of America, in St. Helena, Calif. Eric Risberg | AP LVMH’s Moet Hennessy division on Wednesday announced it has acquired California wine-maker Joseph Phelps Vineyards, as the French luxury goods giant continues to broaden its drinks portfolio. The…

. Mike Segar | Reuters It looks like a Mega Millions player is about to join the ranks of lottery winners who end up missing out on a windfall. A ticket purchased in Lewisville, North Carolina, and worth $1 million will expire Thursday at 5 p.m. The amount is a second-tier prize for matching five…

Eakgrunge | Istock | Getty Images There’s been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return through October. However, it’s not easy to buy I bonds through TreasuryDirect, a 20-year-old platform run by the U.S. Department of the Treasury, financial advisors say.  “It’s…

Diane Hendricks didn’t grow up on the inheritance of celebrities or political leaders. Instead, she spent her childhood on a dairy farm in Wisconsin — training a work ethic that eventually helped her create a business empire. Last week, Hendricks – who has a net worth of $11.6 billion – topped Forbes’ list of America’s…

In this article SCHW JPM BLK MS Getty Images As demand grows for specialized portfolios, a trend known as direct indexing is quickly becoming an option for more investors.   Rather than owning a mutual or exchange-traded fund, direct indexing is buying the stocks of an index to achieve goals like tax efficiency, diversification or values-based…