The Florida Panthers, the National Hockey League Stanley Cup champions, have recently made a significant move by signing a multiyear deal with E.W. Scripps to broadcast their regular season games on local broadcast networks in Florida. This decision marks a departure from their previous cable TV regional sports network home. The new partnership with Scripps
Individual retirement accounts (IRAs) have been growing steadily in recent years, with the median balance reaching $87,000 in 2022. This increase in IRA balances can lead to potential tax issues for retirees or their children who inherit the assets. Experts have pointed out that higher pretax IRA balances can become a “tax nightmare in retirement,”
Recently, media mogul Barry Diller’s IAC has shown interest in acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount Global. While National Amusements previously halted talks with Skydance regarding a proposed merger with Paramount, discussions are now underway with IAC. Diller’s company has signed a nondisclosure agreement and
Passion tourism is a concept that has been gaining traction among Americans, with a focus on traveling abroad to indulge in personal interests, hobbies, or cultural events. The recent surge in Americans traveling overseas to attend Taylor Swift concerts is a prime example of this trend. Taylor Swift’s European tour, in particular, has captivated the
In a year filled with challenges for college applicants, the significance of financial aid in the decision-making process cannot be overstated. The amount of financial aid offered and the distribution among grants, scholarships, work-study opportunities, and student loans have always been key factors in selecting a college. However, in 2024, the issues with the new
General Motors recently reported its best quarterly sales in over three years, showcasing significant increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker shared that sales for the second quarter reached 696,086 units, a 0.6% increase from the previous year, marking its highest quarterly sales since the fourth quarter of 2020. Notably, the
Recent reports have indicated that Manhattan is experiencing a shift towards becoming a buyer’s market in the real estate industry. The second quarter of 2024 saw a decrease in apartment prices and a rise in inventory levels. The average price of real estate sales in Manhattan dropped by 3% to just over $2 million, while
The unemployment rate has been relatively low, sitting at or below 4% for an extended period. However, this does not mean that everyone who desires a job has been able to secure one. A segment of individuals known as “NEETs” (not in employment, education, or training) have opted out of the labor force due to
The U.S. Department of the Treasury and IRS recently unveiled final tax reporting rules for digital asset brokers, marking a significant development in the world of cryptocurrency taxation. With mandatory reporting scheduled to be phased in starting in 2026, crypto investors are facing a limited timeframe to prepare for these changes. Under the new regulations,
Recently, a federal appeals court made a significant decision regarding President Joe Biden’s student loan relief plan. The 10th Circuit U.S. Court of Appeals granted the Biden administration’s request to stay an order that had temporarily blocked a provision of the Saving on a Valuable Education (SAVE) plan. This ruling has been seen as a