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Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
Rolling Over Your 401(k) Just Got Less Painful - Here's What the IRS Changed
Anyone who has moved retirement money out of an old employer's plan knows how frustrating it can be. Every administrator has their own forms. Timelines are all over the place. Paper checks show up weeks later with vague instructions. The whole thing should have been fixed a long time ago.The IRS is finally doing something…
Valuation Reserve Requirements
According to Fitch Ratings, over the past 12 months ending August 2026, there were 109 defaults by 89 entities, compared to the same period ending July 2026, when 83 entities saw 105 defaults. With businesses (especially life insurers) exposed to asset management risks, it's important to understand how to find financial balance.Defining Asset Valuation Reserve…
Heirless Estate Planning
The purpose of estate planning is to distribute your assets to heirs in a formal, legal process. If you do not have any heirs to speak of, you might not feel the need to do this. However, your assets will go somewhere, so you may want to have control over that before the state steps…
How to Save Energy This Fall
Temps are dropping, the leaves are turning, and you know what that means: Fall is here, which is the best time to prepare your house for the chill that follows. But we all know that keeping warm takes energy and, yes, is costly. Here are a few easy ways to conserve.Fix stuff around your house.…
AI-Powered Corporate Fraud: What Business Leaders Need to Know
For years, corporate fraud was limited by the costs, expertise, and resources required to carry out a convincing deception. Artificial intelligence (AI) has changed this.Today, AI can create realistic voices, videos, emails, invoices, identities, and customer interactions at a scale and speed that traditional fraud controls were never designed to address. AI-powered fraud is a…
Pre-Election Focus on Russian/Iran Sanctions, AI Utility Bills, Crypto Regulation and Nondiscriminatory FEMA Assistance
Continuing Appropriations and Extensions Act, 2027 (HR 6500) – This appropriations bill was finalized and passed by both the House and the Senate on Sept. 1. The act funds the fiscal year 2027 government budget through Dec. 11 at current levels. It was signed by the President on Sept. 2.Prison Staff Safety Enhancement Act (S…
How to Account for Bonds
With the global bond market size bigger than many of the world's biggest economies, it's important for businesses that sell bonds to understand how to report transactions properly. According to the International Capital Market Association (ICMA), the global bond market's capitalization is more than $128 trillion.Defining BondsOffered by government or corporate entities, bonds are a…
New Trump Account Updates
Picture two couples, each with a baby born this year, each routing $2,500 of salary into that child's Trump Account through an employer's payroll system. One couple sits in the 35% bracket. The other, at roughly $65,000 of taxable income, is in the 12% bracket. Both contributions escape federal income tax. The first couple's bill…
Understanding Inflation Accounting
According to the July 12, 2026, Consumer Price Index Release from the U.S. Bureau of Labor Statistics, the 12-month inflation rate rose by 3.4 percent, and the month-over-month measure rose by 0.1 percent in July 2026 compared to June 2026. With inflation higher than normal over the past few years compared to near-term historical averages,…
Bond Investment Strategies
Bonds are designed to deliver both capital preservation and income, and are generally considered lower risk than stock investing. The purchase price of a bond is basically a loan to an issuer, such as the federal government, a municipal government, or a corporation. The term of the loan is determined for a specific period of…
October 2026
Rolling Over Your 401(k) Just Got Less Painful - Here's What the IRS Changed
Anyone who has moved retirement money out of an old employer's plan knows how frustrating it can be. Every administrator has their own forms. Timelines are all over the place. Paper checks show up weeks later with vague instructions. The whole thing should have been fixed a long time ago.The IRS is finally doing something…
September 2026
New Trump Account Updates
Picture two couples, each with a baby born this year, each routing $2,500 of salary into that child's Trump Account through an employer's payroll system. One couple sits in the 35% bracket. The other, at roughly $65,000 of taxable income, is in the 12% bracket. Both contributions escape federal income tax. The first couple's bill…
August 2026
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.What Changed and WhyThe IRS bumped the business mileage rate…
July 2026
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
A county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over a…
June 2026
The IRS Could Owe You Money Thanks to a Pandemic-Era Court Ruling
Here's something that flew under the radar for most people: a court decision from late last year could put money back in your pocket if you got hit with IRS penalties during COVID. But you need to act fast! For some taxpayers, the deadline to file a claim is July 10. What This Case Is…
May 2026
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May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
Rolling Over Your 401(k) Just Got Less Painful - Here's What the IRS Changed
Anyone who has moved retirement money out of an old employer's plan knows how frustrating it can be. Every administrator has their own forms. Timelines are all over the place. Paper checks show up weeks later with vague instructions. The whole thing should have been fixed a long time ago.The IRS is finally doing something…
Valuation Reserve Requirements
According to Fitch Ratings, over the past 12 months ending August 2026, there were 109 defaults by 89 entities, compared to the same period ending July 2026, when 83 entities saw 105 defaults. With businesses (especially life insurers) exposed to asset management risks, it's important to understand how to find financial balance.Defining Asset Valuation Reserve…
Heirless Estate Planning
The purpose of estate planning is to distribute your assets to heirs in a formal, legal process. If you do not have any heirs to speak of, you might not feel the need to do this. However, your assets will go somewhere, so you may want to have control over that before the state steps…
How to Save Energy This Fall
Temps are dropping, the leaves are turning, and you know what that means: Fall is here, which is the best time to prepare your house for the chill that follows. But we all know that keeping warm takes energy and, yes, is costly. Here are a few easy ways to conserve.Fix stuff around your house.…
AI-Powered Corporate Fraud: What Business Leaders Need to Know
For years, corporate fraud was limited by the costs, expertise, and resources required to carry out a convincing deception. Artificial intelligence (AI) has changed this.Today, AI can create realistic voices, videos, emails, invoices, identities, and customer interactions at a scale and speed that traditional fraud controls were never designed to address. AI-powered fraud is a…
Pre-Election Focus on Russian/Iran Sanctions, AI Utility Bills, Crypto Regulation and Nondiscriminatory FEMA Assistance
Continuing Appropriations and Extensions Act, 2027 (HR 6500) – This appropriations bill was finalized and passed by both the House and the Senate on Sept. 1. The act funds the fiscal year 2027 government budget through Dec. 11 at current levels. It was signed by the President on Sept. 2.Prison Staff Safety Enhancement Act (S…
How to Account for Bonds
With the global bond market size bigger than many of the world's biggest economies, it's important for businesses that sell bonds to understand how to report transactions properly. According to the International Capital Market Association (ICMA), the global bond market's capitalization is more than $128 trillion.Defining BondsOffered by government or corporate entities, bonds are a…
New Trump Account Updates
Picture two couples, each with a baby born this year, each routing $2,500 of salary into that child's Trump Account through an employer's payroll system. One couple sits in the 35% bracket. The other, at roughly $65,000 of taxable income, is in the 12% bracket. Both contributions escape federal income tax. The first couple's bill…
Understanding Inflation Accounting
According to the July 12, 2026, Consumer Price Index Release from the U.S. Bureau of Labor Statistics, the 12-month inflation rate rose by 3.4 percent, and the month-over-month measure rose by 0.1 percent in July 2026 compared to June 2026. With inflation higher than normal over the past few years compared to near-term historical averages,…
Bond Investment Strategies
Bonds are designed to deliver both capital preservation and income, and are generally considered lower risk than stock investing. The purchase price of a bond is basically a loan to an issuer, such as the federal government, a municipal government, or a corporation. The term of the loan is determined for a specific period of…
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