Homeowners often believe they stop paying property taxes after a certain age. In reality, there is no nationwide age at which property taxes automatically disappear.…
The World Cup is helping to boost consumer spending around the U.S. in June, with host cities seeing notable gains, according to new data from Bank of America. The Bank of America Institute found that…
When our firm disclosed an activist stake of roughly 1% in Dine Brands last August, the stock closed at $21.50. It has since risen by approximately 70%. That is clearly encouraging, but it is not why we invested.Share prices can recover quickly when expectations change. Restaurant traffic, franchisee economics, debt,…
Major changes to federal student loan repayment rules went into effect this month and are rippling across the system. Many borrowers currently repaying their student loans, as well as prospective students and their families, will see the impacts, including through higher monthly payments.The rule updates went into effect on July…
Ken Kies, the Treasury Department’s top tax policy official who has also been serving as acting chief counsel of the IRS, is expected to leave the federal government, according to multiple published reports, now confirmed by Forbes. His departure would open another significant hole in IRS leadership. Neither of the…
When you are close to retirement, every market decline can feel different than it did decades earlier. At this stage, you generally have less time to recover from major losses. While it may be easy to focus on how far the market falls, the timing of a decline can be…
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Volkswagen’s leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff. The German automaker previously announced…
