Inflation has an impact on your money over time, including what you can buy with the dollars you have. Given this, it can be worrisome if high inflation looms on the horizon. Should you stop saving if your funds won’t have as much purchasing power later? Or should you save more than before? As you…
When Is the Best Time to Sell Your Home?
This question comes up at least once a week: People always want to know when the optimal time is to sell their home. The best time is when inventory is exceptionally low and demand is exceptionally high. It all goes back to supply and demand. When there is strong interest and very little to choose…
Airbnb Takes Legal Action Against Guest After House Is Wrecked
Airbnb is going to file a lawsuit against a guest that booked a room and hosted a party where a fight broke out in North Dallas, Texas. A group of videos that went viral on Facebook shows a group of young black females aggressively fighting each other on the property. A television set was toppled and…
Australia to Take China to WTO Over Wine Tariffs
June 18, 2021
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Asia & PacificAustraliabarleyBusinessChinaChina-Australia RelationsDan TehanInternationalInternational RelationswineWorldWorld Trade Organization
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The Australian government has decided to pull the trigger and launch a second action against China at the World Trade Organisation (WTO), this time over Beijing’s imposition of hefty tariffs on wine exports. The decision is the latest response from Australia after Beijing launched a year-long economic coercion campaign targeting $20 billion worth of major…
Boeing’s Newest Version of the 737 Max Makes First Flight
SEATTLE—Boeing’s newest version of the 737 Max jetliner completed its first test flight Friday in a move that the company hopes will signal improving fortunes for its most important plane. A few hundred employees watched the plane take off from Renton, Washington. As is typical for a first test flight of a new plane, the…
Amazon Opens Its Largest-Yet Cashierless Grocery
By Katherine Anne Long From The Seattle Times Amazon’s long-awaited Fresh grocery store in Bellevue, Wash., opened Thursday to crowds—and a twist. The company revealed in a surprise announcement earlier this week that the store is the company’s first full-size Fresh grocery equipped with cashierless technology, powered by a vast array of motion-aware ceiling cameras…
File a Social Security Claim to Protect Your Rights
I frequently hear from readers who tell me that they contacted the Social Security Administration with the intention of filing for Social Security benefits of one kind or another and then were either told they weren’t eligible for any benefits or were just otherwise talked out of filing. Of course, sometimes that is good advice….
Bipartisan Bill Seeks to Boost Domestic Manufacture of Semiconductors
June 18, 2021
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BusinessChinacongressDemocratsdomestic manufacuringeconomyincentiveNational SecurityPoliticsRepublicanssemiconductorTechTech NewsUSUS News
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A bipartisan group of senators has introduced a bill that would strengthen U.S. semiconductor supply chains by incentivizing domestic manufacturing of this key technology and “stop China from winning the race to produce these chips.” The bill, called the Facilitating American-Built Semiconductors (FABS) Act (pdf), seeks to push back against the trend that has seen the United…
The Falling Rents of COVID Times Are Behind Us. Expect Prices to Rise
By Andrew Khouri From Los Angeles Times The era of pandemic rent declines appears to be over. After falling through much of the COVID-19 crisis as people relocated to suburbs or moved in with relatives, rents in big cities including Los Angeles, San Francisco and New York are now on the rise. And experts say…
DOJ Sues to Block AON’s $30 Billion Acquisition of Willis Towers
WASHINGTON—The Biden administration has sued to block the merger of two of the world’s largest insurance brokers, asserting the deal could eliminate competition, raise prices and hamper innovation for U.S. businesses, employers, and unions that use the companies’ services. The Justice Department on Wednesday announced the antitrust suit filed in federal court in Washington seeking…
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