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Wealth

IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

by Adrian Jhonsan
IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance.  Currently, “catch-up contributions” allow savers …

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Categories World

Should airlines weigh passengers? It’s for safety, say airlines

by Monica Lozano
Should airlines weigh passengers? It’s for safety, say airlines

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. The exercise, which will last about three weeks, is required by …

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Categories Travel

Dubai’s luxury home prices soar almost 50%: Knight Frank

by Adrian Jhonsan
Dubai’s luxury home prices soar almost 50%: Knight Frank

High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% …

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Categories World

Even millionaires are feeling financially insecure, report finds

by Adrian Jhonsan
Even millionaires are feeling financially insecure, report finds

Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit …

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Categories World

Ferrari CEO Benedetto Vigna says a third of new buyers are under 40

by Adesola Mojo
Ferrari CEO Benedetto Vigna says a third of new buyers are under 40

Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand …

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Categories Automobile

Prepare for volatility, even if there’s a soft landing for the economy

by Adrian Jhonsan
Prepare for volatility, even if there’s a soft landing for the economy

After more than a year of recession predictions, some experts have backed off past forecasts and now embrace what’s known as a “soft landing” for the economy. Even so, one …

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Categories World

This is the best time to redeem Series I bonds, according to experts

by Adrian Jhonsan
This is the best time to redeem Series I bonds, according to experts

Investors piled into Series I bonds amid record yields, and some are now eyeing an exit for higher-interest alternatives. But redeeming I bonds can be tricky, experts say. After reaching …

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Categories World

As Remote Work Continues, Luxury NYC Buildings Provide Co-Working Spaces

by Craig Fedirighi
As Remote Work Continues, Luxury NYC Buildings Provide Co-Working Spaces

Private phone booth at One Wall Street Courtesy: One Wall Street The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment …

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Categories Business

Manhattan Rent Soars to an All-Time High of $5,588 Per Month

by Adrian Jhonsan
Manhattan Rent Soars to an All-Time High of ,588 Per Month

A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | …

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Categories World

Prices for Secondhand Rolex, Patek Philippe, and Audemars Piguet Watches Experience a Decrease

by Adrian Jhonsan
Prices for Secondhand Rolex, Patek Philippe, and Audemars Piguet Watches Experience a Decrease

A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images Prices for …

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Categories World
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