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Kyle Taylor doesn’t have a village.The Alabama-based 26-year-old and his girlfriend were delighted when their daughter was born a year ago, but nowadays they are feeling a bit lost. To make ends meet, Taylor has been spending a lot of time at work. And while his girlfriend stays at home, Taylor’s schedule and the needs of the baby have left them stretched thin. But none of Taylor’s friends are parents, and most don’t plan on having kids, leaving them unsure how to chip in with a newborn. Growing…
2 months ago
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Less than 10 minutes into the new season of the hit Netflix reality show “Selling Sunset,” two luxury real estate brokers are already complaining about a new tax on Los Angeles’ wealthiest homebuyers.“This is going to be a nightmare for us,” says veteran real estate agent Mary Fitzgerald. “We’re just screwed.“The city’s so-called “mansion tax” was about to go into effect when the show was filming its latest season — and the high-end real estate industry was in a tizzy. The owner of one $26 milli…
2 months ago
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There’s been a great tipping debate raging in the US, as the rise of tablets preloaded with gratuities causes some Americans to roll their eyes.A new report from the Pew Research Center looks at just how much Americans are tipping, and when they feel compelled to add something extra for service workers. In total, 72% of the 11,945 Americans surveyed from August 7 to August 23 said that tipping is expected in more places than it was five years ago, and many are chafing at automated tip suggestion…
3 months ago
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If you’re wondering who’s feeling good in this economy, it’s boomers — and definitely not millennials.It’s yet another blow for the economy’s most recession-battered generation, and illustrates the unique bind that millennials are in.According to Morning Consult’s latest iteration of its financial well-being index — which tracks how much security and freedom of choice respondents have, based on their financial situation — baby boomers are doing well. Their financial well-being score has risen by…
3 months ago
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Last weekend, the Kansas City vintage shop Westside Storey had its best weekend of sales “in a long time,” manager Megan Folmsbee said.The reason? Taylor Swift. Ever since the pop phenom first showed up to cheer on her rumored beau, Kansas City Chiefs tight end Travis Kelce, at Arrowhead stadium on September 24th, the Midwestern city has been feeling bejeweled.The shop has sold out of a T-shirt emblazoned with “Who’s Travis Kelce Anyway? Ew” — a play on the “22” lyric — and a “Red Zone Taylor’s…
3 months ago
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In late 2021, Alayna Almén, a Midwesterner, found out that her father and his wife had been killed.She immediately informed her manager, who lightened her workload for a few days. But after Almén notified her manager that the funeral service wouldn’t be for a couple of weeks — since authorities had not yet released her father’s body — that changed. Almén said her manager gave her all of her work back, plus the backlog that had accumulated. She left that role a few months later.Almén told Insider…
3 months ago
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New York City, famed for its residents stacked upon each other, is actually quietly losing density in some places — and you can blame people expanding their apartments.An analysis from preservationist Adam Brodheim found that, over the last 70 years, 50,000 multi-family buildings in New York City have been converted into one or two family homes — adding up to a loss of 100,000 units.“I’m not trying to begrudge folks who are trying to build a larger apartment as their families grow,” Brodheim tol…
3 months ago
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The IRS says its mission to crack down on higher-earning tax dodgers has yielded $122 million more from just 100 millionaires — and they’ve already closed several cases of particularly brazen evasion.The passage of the Inflation Reduction Act infused billions of dollars into the previously perpetually underfunded and paper-laden IRS. A good chunk of that was earmarked for increased enforcement, and, in a new announcement, the IRS said that enforcement is only ramping up.“Prior to the Inflation R…
3 months ago
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The evidence is mounting that making streets more walkable, bikeable, and car-free is really good for business. A new report from Mastercard and the New York City Office of Technology and Innovation shows just what a boon opening up streets was for New York’s Midtown. During the 2022 holiday season, New York City Mayor Eric Adams turned an 11-block stretch of the iconic Fifth Avenue into an “open street” for three weekends in December. The experiment drove an estimated $3 million in additional s…
3 months ago
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Whether they’re logging on from their house, from the gym, or from the library, some workers don’t want to be in the office full-time.Many of their employers have landed on a happy medium: hybrid work.Felicia, a 53-year-old who left her six-figure job over a full return-to-office mandate, previously told Insider that her schedule of three days at home and two in the office was a perfect work-life balance. She said being back in the office full-time dragged down her productivity and left her back…
4 months ago
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The average American taxpayer pays $16,615 in income taxes annually — but for some of the wealthiest Americans, that number is zero. That’s because they’re simply not paying up.IRS data requested and released by Sen. Ron Wyden of Oregon, the chair of the Senate Committee on Finance, shows that over 10,000 high earners making at least $200,000 a year owed at least $100,000 each in unfiled taxes going back to tax year 2017.Nearly 1,000 taxpayers who make over $1 million annually didn’t file taxes…
4 months ago
