Personal finance
Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Key Points Summer is generally peak season for flight disruption. Bad weather is the chief cause of flight delays, according to Federal Aviation Administration data. U.S. airlines make different obligations to travelers. A Transportation Department dashboard lays out the policies of major carriers: Alaska, Allegiant, American, Delta, Frontier, Hawaiian, JetBlue, Southwest, Spirit and United. Source
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U.S. expat who’s lived in Italy, France and more: If you want to move to Europe, here’s my best advice
Americans are taking scouting trips to see if they can handle moving to a new country. But finding a new home abroad isn’t as simple as going on vacation there. Take it from Alex Ingrim, who’s originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the […]
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‘Never quit your job,’ says early retiree and self-made multimillionaire: Do this instead
Earlier this year, Sam Dogen quit his job. For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out. For one, it was his first gig since 2012. Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting his annual […]
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‘Underconsumption core’ is in — and not a moment too soon, I say
Recently I posed this question to my teenage daughter: Aren’t we tired of influencers? “No,” she said. But despite my daughter’s opinion — she’s 16 — I know I’m not the only one fed up with the barrage of things I’m told to buy on social media. Which is why the rise of “underconsumptioncore” came […]
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Kamala Harris’ tax records reveal ‘fairly basic’ approach that may have missed savings, advisor says
U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024. Erin Schaff | Via Reuters Vice President Kamala Harris’ personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax […]
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Working remotely from a cruise ship? Here’s why the IRS still expects taxes
Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for her writing and consulting business based in Florida. Courtesy: Jenny Hunnicutt Income made ‘worldwide’ is taxable Despite a Bahamas flag flying atop the Serenade of […]
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This biographer exchanged emails with Bernie Madoff from prison for a decade. Here’s what he learned
Richard Behar Courtesy: Lizzie Cohen You probably haven’t heard Bernie Madoff’s name in awhile, but that doesn’t mean the infamous fraudster’s story is over, or the pain he inflicted. Irving Picard, an 83-old court-appointed trustee, still spends his days trying to claw back money from the those who benefitted from Madoff’s Ponzi scheme, and to […]
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Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul
Key Points Gentrification occurs when an area experiences a rapid rise in residents’ average incomes and rents. The typical outcome: The white population increases, and people of color are priced out. Climate change is accelerating this dynamic in some parts of the U.S., a trend known as “climate gentrification.” In Miami neighborhoods such as Allapattah, […]
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Here’s how much it can cost a family of four to live across 10 major Asian cities
Monthly rent in Shanghai’s city-center costs approximately $2,700, according to data by Numbeo. Zorazhuang | E+ | Getty Images Living in a major city can come with a hefty price tag, so it’s best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of […]
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$1 million hypothetical portfolios: How kids from wealthy families at an elite Swiss school learn about money
Institut auf dem Rosenberg, a private boarding school in St. Gallen, Switzerland. Courtesy: Institut auf dem Rosenberg With a sticker price of more than $160,000 a year, Institut auf dem Rosenberg in St. Gallen, Switzerland, may be one of the most expensive boarding schools in the world. So, it’s only fitting that students learn about […]
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