Renting Forever and Trying to Create a Strong Financial Future
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.
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Business
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CreditMike Belleme for The New York Times - your money
The High-Class Problem That Comes With Home Equity
You may feel richer as you pay your mortgage down and home values go up. Using that equity is another matter entirely.
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CreditRobert Neubecker Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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CreditDoug Mills/The New York Times U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
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CreditMaansi Srivastava/The New York Times
Disneyland Character Workers at California Park Vote to Unionize
The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.
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CreditJae C. Hong/Associated Press The Night That Sotheby’s Was Crypto-Punked
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.
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CreditHiroko Masuike/The New York Times Managing an Inheritance: When ‘Mom’s Money’ Becomes Yours
A sudden windfall while grieving can be an emotional minefield, particularly for younger adults. Experts share ways to handle it wisely.
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CreditHannah Agosta retiringA Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.
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CreditCharity Rachelle for The New York Times What’s BlackRock Without Larry Fink? Shareholders Fret About Future.
Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.
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CreditWinnie Au for The New York Times
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Bruce Nordstrom, Who Helped Lead His Family’s Retail Empire, Dies at 90
Though he was the company’s president, he opted for joint leadership with family members as they made Nordstrom, starting as a string of shoe stores, into an international fashion retail brand.
By Glenn Rifkin
How Lowriders Put a Vivid Stamp on New York City’s Car Scene
These lovingly customized cars, long embraced as a way to celebrate Mexican American culture and bring families together, are gaining visibility and respect as bouncing, rolling works of art.
By David Dee Delgado and David Gonzalez
DealBook NewsletterHow Companies Dodge Tariffs
Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.
By Bernhard Warner, Michael J. de la Merced and Sarah Kessler
Caitlin Clark Is Here. Can the Business of the W.N.B.A. Flourish?
Clark’s arrival has many betting on the W.N.B.A.’s success. But certain structural disadvantages persist, including how much the players earn.
By Jacob Meschke and Santul Nerkar
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.
By Benjamin Mullin and Lauren Hirsch
Why TikTok Users Are Blocking Celebrities
A TikTok movement is calling for followers to block famous people over their stances on the Israel-Hamas war. It began at the Met Gala.
By Elizabeth Paton
Mercedes Workers in Alabama Reject Union
The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.
By Jack Ewing
The Big Number: $1,280
Insurers are raising prices for insurance premiums steeply. Here's why, and why it matters for the economy.
By Marie Solis
your money adviserF.S.A. vs. H.S.A.: What to Know About the Accounts That Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.
By Ann Carrns
StrategiesAs the 2024 Race Heats Up, Betting Is Growing for Everything but Elections
U.S. residents can still gamble on the presidential race — but regulators are trying to stop the practice.
By Jeff Sommer
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