As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners LoseThe owner of this home in Iowa, a state once considered low-risk, was dropped by his insurance company last year. These houses and thousands more also lost their coverage as some insurance companies pulled out of Iowa altogether.
‘Wealth Can Be Pretty Isolating’: Problems That Rich People Face, According to TherapistsCan money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass.
What is the UK inflation rate and why is the cost of living rising?The rate at which prices are rising has dropped back slightly, but inflation remains near a 40-year high. In response, the Bank of England has already increased interest rates by 0.75 percentage points to 3%, and may decide a further rise is necessary.
The Bridesmaids Going Into Debt for Their Friends’ WeddingsAre you getting married? Best wishes! I can’t promise you a lifetime of happiness, but I am confident that your celebrations will probably cost more than you think (sorry; I hope the pictures are worth it). How much to spend on your own wedding is your business, of course.
The Home Insurance Crunch: See What’s Happening in Your StateAs climate change makes disasters more frequent and severe, the insurance industry is in tumult. Losses have been spreading beyond states that have been ravaged by hurricanes and wildfires, like Florida and California, and into places like Iowa, Arkansas, Ohio, Utah and Washington.
A Phoenix Rising From the Ashes: How Nikon Found Its Way Back to ProfitAlthough Nikon was founded nearly 107 years ago and has been ubiquitous in the photography space for much of that time, the company is not far removed from financial troubles that threatened to reduce the company to ruin.
You can buy a home in France or Italy for 'the price of a new truck'—but take these 3 steps before retiring abroadWhat started as a fun side project for Tommy Sikes has become a big part of his business.
Credit cards are getting smarterIn mid-March, a scammer in California tried to buy $150 worth of Wingstop using my debit card. Aside from being impressed at the sheer size of the order, I was relieved because Citibank, which issued my card, declined the transaction on the spot and alerted me to the fraud.
US students, once again, have led the way. Now we must all stand up for PalestiniansThe student left is the most reliably correct constituency in America. Over the past 60 years, it has passed every great moral test American foreign policy has forced upon the public, including the Vietnam war, the question of relations with apartheid South Africa, and the Iraq war.
If We Say YesAn open letter is an unloved thing. Written by committee and in haste, it is a monument to compromise: a minimal statement to which all signatories can agree, or – worse – a maximal statement that no signatory fully believes. Some academics have a general policy against signing them.
Is it time to rethink the 4% retirement withdrawal rule? Experts weigh inWhen it comes to spending money in retirement, there's one rule of thumb — the 4% rule — that has persisted for decades. The 4% withdrawal rule calls for retirees to withdraw that portion from their investment portfolio in the first year of retirement.
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The Restaurant World Still Has a Child Care ProblemWhen Lisa Baptiste worked as a restaurant host, it was a constant puzzle finding someone to watch her 6-year-old Kennard. From Wednesday to Sunday, she’d be at the Brooklyn restaurant Beso, which serves a mix of Caribbean and American comfort food, until closing, sometimes as late as 3 a.m.
How Much Car Insurance Coverage Do You Really Need?Car insurance is a necessity, but it's not one-size fits all. There's a minimum coverage required by your state, but that may not be enough to fully protect you financially.
How to tell if you can actually afford a major purchase: 'Most people genuinely have no idea,' says self-made millionaireCallie is a self-employed photographer and Travis runs his own property management company, so their income fluctuates month-to-month.