The top actuaries for Social Security and Medicare testified before a House panel Thursday about the financial woes of two safety net programs that could see key trust funds run out in about a decade, leaving beneficiaries to face with a benefit reduction if the funding gap is not resolved by Congress. The Trustees for … Read more
You can buy clothes and homewares on Amazon – but what about an actual house to house it all? Now, buyers can find something unusual on the app: a $19,000 tiny house for sale. Shipped and sold by a manufacturer called OneSpaceHub, this nearly 5,000-pound package—made of stainless steel and aluminum—could arrive within a month. … Read more
The hottest new accessory in the Hamptons this summer isn’t from Hermes or Loro Piana. It’s a clunky cell phone signal booster that exasperated Hamptonites are installing in their cars to improve their reception in the infamous dead zone. “There’s better cell service in Bangladesh than here,” one Sag Harbor resident complained to The Post. … Read more
WASHINGTON – Billionaire entrepreneur Elon Musk will interview Republican presidential candidate Donald Trump on social media network X on Monday in an event that could inject more surprises into the tumultuous US presidential election. The interview, scheduled for 8 p.m. ET, could give the former president an opportunity to grab attention at a time when … Read more
What would it take to feel financially prepared? New research has found that the average American feels prepared for the worst after saving $5,078. The survey of 2,000 employed Americans, evenly divided by generation (500 Gen Z, 500 Millennials, 500 Gen X and 500 Baby Boomers) found that Gen Zers need at least $4,286 in … Read more
A Manhattan brownstone that once made headlines for its owners’ use of hidden cameras is looking for a new owner. Located at 7 W. 82nd St., just up the block from Central Park West, the five-story Upper West Side townhouse is asking $11 million, Crain’s first reported. In 2014, owner Eli Kadoch and his brother … Read more
QUESTION: Hello Dr. Zac, I’m a regular drinker and I’m thinking of having a month sober. Some of my friends did Dry July and didn’t shut up about it. If I were a month sober, what would happen to my body while I go through this month sober? What will I notice immediately? – Nathaniel … Read more
Artificial intelligence could make many jobs like cashiers and drivers obsolete – leading to widespread social unrest, according to a senior Wall Street financial executive. Armen Panossian, a co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the greatest risk” because while it “clearly has the potential for very … Read more
Shane O’Farrell had no intention of getting rich by buying and selling Lego – all the 35-year-old from New Jersey was looking for was a connection to his childhood in Ireland, where the modest Fort Legoredo was one of them. favorite toy. Twenty years later, when he saw the kit going for hundreds more than … Read more
Stock market turmoil has rocked Wall Street recently, shaking what had been a period of steady growth. And while many experts say there’s no need to panic just yet since the overall economy is in good shape, some may be asking: Could these stock market jitters have an impact on America’s housing market as well? … Read more