Tag: Financials
FTX Ventures Was a Disorganized Mess With Missing Financials, Bankruptcy Documents Say
The FTX umbrella covered over 100 smaller legal entities, which complicates any story about the internal organization. According to paperwork filed on [...]
Meet the Metaverse Night Club–Loving Audit Firm That Presided Over FTX’s Financials
Venture capital giant Sequoia, which wrote off the entirety of its $150 million investment in FTX this week, justified its investment in the company b [...]
IRS bumps estate-tax exclusion to $12.92 million for 2023
Bernd Vogel | Getty ImagesUltra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week. Starting in 202 [...]
Here’s how uber-rich pass wealth tax-free to heirs during down markets
Brand New Images | Stone | Getty ImagesA lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to [...]
How to protect your finances from natural disasters like Hurricane Ian
Tap emergency resourcesReach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, as we [...]
American homebuyers find UK bargains, discounted by a weaker pound
A pedestrian looks at residential properties displayed for sale in the window of an estate agents in London, U.K.Simon Dawson | Bloomberg | Getty Imag [...]
Here are Paula Pant’s 5 tips to afford anything you want in life
Afford Anything founder Paula Pant lives by the motto "you can afford anything."In 2008 she quit her full-time job as a newspaper reporter to travel t [...]
How this family of four partners manages finances in a nontraditional relationship
Rachel, Kyle, Ashley and Yair are two married couples in a nonmonogamous relationship. They share a house, car, dog, cat, partners and finances. They [...]
How to save $1 million for retirement on an annual salary of $70,000
Consistently saving a small percentage of your salary is a simple way to ensure you're prepared for retirement.As a rule of thumb, most financial advi [...]
What experts say to do before, during and after filing for bankruptcy
Personal bankruptcy filings have fallen dramatically since the beginning of the coronavirus pandemic, but with interest rates rising and government re [...]
Climate change is making some homes too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019.Josh Edelson | Afp | Getty ImagesAs climat [...]
Oil companies giving back tons of cash, and other themes this earnings season
A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. U.S. stocks plummeted on Wednesday as weak earnings f [...]
The wealthy now have more time to avoid estate taxes
If your family has significant wealth, it's now easier to avoid federal estate taxes, thanks to recent changes from the IRS.The IRS improved a strateg [...]
What the Fed’s interest rate hike to combat inflation means for you
The Federal Reserve recently raised interest rates by three-quarters of a percentage point, the most aggressive hike since 1994. This rise puts the ke [...]
Brown Harris Stevens CEO calls real estate reality TV ‘horrible’
A customer looks at listings on display outside a Brown Harris Stevens offices in New York.Brendan McDermid | ReutersThe rise of reality TV shows feat [...]