Florida man who refused to leave his $1.25 million ‘hurricane-proof’ home said it was basically unharmed
A car drives through a neighborhood in Central Florida impacted by Hurricane Milton. This as-told-to essay is based on a conversation with William Fulford, a 76-year-old retired homebuilder who bought what he believes is a “hurricane-proof” home in Hunters Point, an 86-unit community in Cortez, Florida, about an hour southwest of downtown Tampa. Earlier this…
8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax
In simple terms, there are only three places your money can go: to you and your family, to charitable organizations, and to the IRS. That’s the pep talk Nayan Lapsiwala, a director of wealth management and partner at Aspiriant, gives his ultra-high-net-worth clients. The second part of his pep talk is to avoid letting tax…
China to increase debt issuance in bid to revive economy
China’s minister of finance, Lan Fo’an. China has announced plans to ramp up government debt issuance in a bid to boost its economy. In a press briefing in Beijing on Saturday, China’s minister of finance Lan Fo’an outlined a new package of fiscal policy measures designed to help local governments tackle debt problems, spur the…
Starbucks store workers want their new CEO to take action on these 4 issues
Brian Niccol became the CEO of Starbucks last month. Starbucks could see lots of changes as CEO Brian Niccol gets his bearings. Niccol, who has been at the helm of the coffee giant for a month now, has made clear that it has room to improve its American stores. He plans to work on “reestablishing…
Tesla investors don’t seem to trust Elon Musk like they used to. Is that because of Twitter?
Do Tesla investors trust Elon Musk less after his purchase of Twitter? On Thursday evening, Elon Musk — who never likes to do things small when he can go big — showed off his newest would-be products: not just a self-driving robotaxi, but also a self-driving Robovan. And that wasn’t all: Musk also promised to…
I’m a wedding planner. Here are answers to 7 questions guests are often too embarrassed to ask.
It’s normal to have questions about such an important event as a wedding. Planning a wedding can be a lot of work, but attending one can also be quite stressful. Some bridesmaids are fed up with the high cost of participating in weddings while guests are worried about whether they can afford to attend them.…
Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan. US stocks jumped on Friday, with all three major averages notching a five-week win streak. The S&P 500 and Dow Jones Industrial Average closed at record highs on Friday. The session marked the S&P 500’s 45th record closing high this…
Why TikTok was the best place to watch live streams of the hurricanes — and why it’s also got some issues
Residences evacuated Florida as Hurricane Milton approached — and some people caught part of the action on TikTok live streams. As Hurricane Milton approached Florida this week, my TikTok “For You” Page was full of videos of people battening down windows, piling up sandbags, and livestreaming their surroundings as the weather grew more ominous by…
There’s new evidence Instagram’s plan to win over teens is working
Instagram usage reached a new peak among US teens. Teens are using Instagram like never before. According to the investment bank Piper Sandler’s latest survey of US teenagers, Instagram is the most used social-media app (and TikTok is the most liked). Piper Sandler surveyed about 13,500 US teenagers this fall to understand their behaviors on…
