Author: Money Mechanics

The world of celebrity real estate is a heady place, one that is filled with glittering megamansions, luxury developments, and buzz-worthy listings. But there is also a much darker side to this gleaming industry, one plagued by scandal, backlash, and a very hefty dose of uproar. In recent years, there has been no shortage of headlines about these dramas, the most recent of which centers around first daughter Ivanka Trump’s plans to build a $1.4 billion resort on an island in Albania, a project that has sparked furious protests among locals.Together with her husband, Jared Kushner, Ivanka is aiming to…

US stock futures surged Sunday evening as investors welcomed news of a breakthrough agreement to end the the US and Iran war ahead of a holiday-shortened trading week. Dow futures (YM=F) climbed more than 300 points, or 0.6%, while S&P 500 futures (ES=F) gained 0.8%. Nasdaq 100 futures (NQ=F) led the advance, jumping 1.3% as investors rotated back into growth and technology names. President Donald Trump announced on Truth Social late Sunday that a deal with Iran had been finalized, calling the agreement “complete.” Pakistan Prime Minister Shehbaz Sharif said a formal signing ceremony is expected to take place Friday…

Timing matters when you sell a business, and right now North Carolina has a tailwind most states would envy. It’s the fastest-growing state in the country by population, the economy is projected to add around 80,800 jobs in 2026 with GDP growth near 3%, and the state is in the middle of one of the boldest tax-cut runs in the nation. That combination, more people, more jobs, and a falling tax burden, is exactly what pulls acquirers across state lines looking for businesses to buy. Before you talk to buyers, get a realistic valuation range for your North Carolina business.…

Copyright: © 2026 Redfin. All rights reserved. Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.Do not sell or share my personal information.REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.California DRE #01521930Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating ProceduresNew Mexico Real Estate LicensesTREC: Info About Brokerage Services, Consumer Protection NoticeAll mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State…

Apple / Oura / Elyse Betters Picaro / ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysWearable owners need to understand how their data is being handled.The US lacks federal regulations around consumer health data.Consumers should properly manage their data and explore privacy policies.Our modern smartwatches and smart rings go far beyond counting steps, constantly collecting data on our fitness, sleep, fertility, and so much more, and uploading them to an app. (Remember the days when we were told not to share any information online? How quaint.) But this widespread adoption raises new questions about data privacy, security, and…

(Investing) – LONDON – Oil prices fell nearly 3% on Friday to their lowest in nearly two months after U.S. President Donald Trump cancelled new strikes on Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week.  futures were down $2.27, or 2.5%, at $88.11 a barrel by 1322 GMT, while U.S. West Texas Intermediate () crude dropped $2.47, or 2.8%, to $85.24. Both contracts were at their lowest since April 17. A memorandum between the United States and Iran to halt the war in the Gulf could be signed as soon as Sunday, a Western…

Something big is happening in Louisville—and it’s not the Kentucky Derby.Sellers are flooding the market. Last month, the midsized Southern city had the highest year-over-year inventory surge of any major metro in the country, up a staggering 32.7%.That’s compared with only 2.2% nationwide, according to the Realtor.com® May housing report, as well as a paltry 0.3% inventory increase for the South overall. However, so far, the inventory surge seems to represent a return to pre-pandemic norms in Louisville, rather than a sign of distress in the market.”It looks like the market is in balance with a recent run-up and normalization…

Retirement planning tends to get treated as a math problem: Should we retire with $2 million or $3 million? Can we spend $7,000 a month or $9,000 a month? Should we claim Social Security at 62 or 67?Those questions matter. After years of helping people work through retirement plans, though, I’ve noticed that the couples who struggle most aren’t always the ones who got the math wrong. They’re the ones who never had the harder conversations.They assumed they were on the same page about the big money decisions. Then, with retirement suddenly in view, they discovered they had completely different…

In 2024, Bob DeSmidt, 78, of Sioux City, Iowa, wanted to help his adult son buy a home in an area that was closer to his new job. DeSmidt, a retired chief financial officer for a construction company, could afford to help his son with the purchase, but the contribution he and his wife wanted to make exceeded the annual gift tax exclusion — the amount of assets that individuals can transfer to each recipient without filing a gift tax return or reducing their lifetime exemption for federal gift and estate tax.The gift tax exclusion in 2024 was $36,000 for…

By David Enna, Tipswatch.com The U.S. Treasury on Thursday will auction $24 billion in a reopened 5-year Treasury Inflation-Protected Security, CUSIP 91282CQP9, creating a 4 year, 10-month TIPS. The auction comes after months of surging real yields following the outbreak of war in the Mideast, surging energy costs and accelerating U.S. inflation. Since the war began on Feb. 28, the 5-year real yield has increased a remarkable 71 basis points. At this point, however, the 5-year real yield is still well off its recent-history high of 2.59% set on Oct 3, 2023. CUSIP 91282CQP9 had its originating auction April 23,…