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New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t che
2+ week, 1+ day ago (403+ words) New York City’s Department of Finance is sending a second wave of pied-à-terre tax letters to roughly 10,800 property owners, even as it mails a very different kind of letter to other owners from the first round, telling them, in effect,…...
Trump official sent ‘clearest sign yet’ of economic crisis — and time is running out
2+ week, 6+ day ago (199+ words) A Trump administration official has sent the “clearest sign yet” that an economic crisis is on the horizon, and time is running out to avert a total meltdown, according to a new column. However, she warned, it may be too…...
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with the
3+ week, 2+ hour ago (565+ words) The billionaire exodus from the West Coast to Florida is underway as the ultrawealthy seek refuge from wealth taxes in states like California and Washington. The tech titans and Schultz join Amazon founder Jeff Bezos, PayPal and Palantir cofounder Peter…...
Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank accou
3+ week, 2+ hour ago (465+ words) “I’m borrowing money. That’s how little money I have,” Donaldson told the Wall Street Journal earlier this year. “Technically, everyone watching this video has more money than me in their bank account if you subtract the equity value of my…...
The World’s Breadbaskets Are Getting Pounded by War, Weather and Trade Spats
3+ week, 5+ hour ago (1024+ words) Instant noodles. Hot chapatis. Sliced bread. Wheat is at the heart of the modern diet, and this year, it is facing an accumulation of modern dangers. The breadbaskets of the world are getting pummeled by drone strikes and devilish weather,…...
I’m an executive coach. I tell clients not to spend Sunday night preparing for work.
3+ week, 5+ hour ago (856+ words) Shane Arthur, an executive coach in Raleigh, North Carolina, advises clients to avoid working on Sundays — and to start their workweeks by avoiding meetings on Monday mornings. The following has been edited for brevity and clarity. I believe in startup…...
American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing
3+ week, 6+ hour ago (645+ words) No one seems to love the great outdoors as much as billionaires do. America’s wealthiest are snapping up huge swathes of farmland, and while some are using it for their elaborate hobbies, agriculture advocates worry the broader trend of the…...
Inside New Yorkers’ hopes and fears over Mamdani’s city-run grocery stores
3+ week, 7+ hour ago (467+ words) Phillip Grant is feeling optimistic. He thinks he’s the best man to operate Mayor Zohran Mamdani’s city-run supermarkets. Along with being a former city economic development executive and construction entrepreneur, he’s a New Yorker who’s shocked that an orange costs…...
Trump’s Top Trade Representative Details Offer That Canada Rejected
3+ week, 11+ hour ago (816+ words) The United States had offered to reduce its tariffs on steel, aluminum and autos, and eliminate a recently imposed tariff on Canadian lumber, before negotiations suddenly collapsed last night, Jamieson Greer, the U.S. trade representative, said Saturday. In an interview with…...
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro,
3+ week, 16+ hour ago (608+ words) Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies to get inflation under control. The professor of applied economics at Johns Hopkins University is now helping Venezuela and has been named…...