6 Months After New York Banned Airbnb, New Jersey Is Doing Great

6 Months After New York Banned Airbnb, New Jersey Is Doing Great

More than 95 percent of the group’s members say they have no intention of becoming long-term landlords, says Lindsay. Instead, he argues, they are now faced with rising housing costs and no immediate way to offset them. The law “has yielded some unintentional effects that are harming smaller homeowners,” Lindsay says. Amid the uncertainties, there … Read more

6 Months After New York Banned Airbnb, New Jersey Is Doing Great

6 Months After New York Banned Airbnb, New Jersey Is Doing Great

More than 95 percent of the group’s members say they have no intention of becoming long-term landlords, says Lindsay. Instead, he argues, they are now faced with rising housing costs and no immediate way to offset them. The law “has yielded some unintentional effects that are harming smaller homeowners,” Lindsay says. Amid the uncertainties, there … Read more

Why 401(k) loans should be a last resort

Why 401(k) loans should be a last resort

If you’re struggling to make ends meet, you may be eyeing any cash you have stashed away for the future as a solution. In fact, about 1 in 5 workers have borrowed or withdrawn money from retirement accounts, according to a recent survey from SoFi. However, withdrawing money from a workplace retirement account, such as … Read more

Upstart airlines Avelo, Breeze prepare for a profitable year

Upstart airlines Avelo, Breeze prepare for a profitable year

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to … Read more

With mortgage rates staying high, renting is less expensive than buying

With mortgage rates staying high, renting is less expensive than buying

  Sturti | E+ | Getty Images The cost of housing is generally expensive across the board for Americans, whether you’re a renter or an aspiring homeowner. While both home prices and rent have outpaced wage growth in most areas, renting can be the smarter financial choice in many markets, said Susan M. Wachter, a … Read more

Trump hush money trial to start on March 25

Trump hush money trial to start on March 25

A combination photo shows Adult film actress Stephanie Clifford, also known as Stormy Daniels speaking in New York City, and U.S. President Donald Trump speaking in Washington, Michigan, U.S. on April 16, 2018 and April 28, 2018 respectively. Reuters A New York judge on Thursday said that jury selection in the hush money trial of … Read more

NYC schools fail ‘test’ of snow day remote learning, chancellor says

NYC schools fail ‘test’ of snow day remote learning, chancellor says

New York City Public Schools failed the city’s “test” of snow day remote learning on Tuesday after experiencing “technical difficulties” when a nor’easter dumped multiple inches of snow on the region, the city’s public school chancellor said Tuesday. Chancellor David Banks said Tuesday was a “challenging morning,” after NYC Public Schools learned parent and students … Read more

New Yorkers voting to replace ex-Rep. George Santos in crucial special election

New Yorkers voting to replace ex-Rep. George Santos in crucial special election

Voting signs are seen outside city hall for New York’s 3rd Congressional District special election in Glen Cove, N.Y., on Sunday, February 4, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images New Yorkers are casting ballots Tuesday to pick their successor to Republican ex-Rep. George Santos, who was expelled from Congress last year … Read more

Travelers increasingly turn to taking Amtrak trains over flights

Travelers increasingly turn to taking Amtrak trains over flights

Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than … Read more

What the S&P 500 at 5,000 means for your money

What the S&P 500 at 5,000 means for your money

The S&P 500 index closed above 5,000 for the first time on Friday, with investors showing continued optimism about cooling inflation, strong earnings and a resilient economy. Aside from being a big, round number, 5,000 isn’t a particularly important threshold for the broad U.S. stock market barometer in and of itself. But pushing the market … Read more