As a bond provides a contractual right to a series of future payments received at specified points of time, the price for a bond is simply the present discounted value of the future cash flows. The face value of a bond will be repaid at maturity. A zero-coupon bond provides only a bond’s face value,
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Beau Lark/Corbis/VCG The #MeToo movement is forcing insurers who provide coverage for high-profile executives accused of sexual harassment and assault, such as disgraced Hollywood producer Harvey Weinstein, to rethink their business. A number of companies that sell so-called employment practices liability insurance are demanding higher deductibles, restricting coverage for businesses in high-risk industries such as
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Are you better off than you were three years ago? Tax cut calculator Forbes Taxpayers will be pondering the tax cut in April, and again in November. I decided to do a little experimenting with the tax code, using a spreadsheet that I invite you to download. The 2017 tax cut that its main promoter
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The multifamily sector in Phoenix has been making headlines lately. The fifth-largest city in the U.S. had the nation’s fastest-rising rents in November, according to data from Yardi Matrix, a California-based provider of commercial real estate market information. New apartments in downtown Phoenix, Arizona, on a sunny day. Getty “Job growth and strong in-migration continue to
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Getty The end of the year comes with a rush. As the clock counts down, you’re confronted with two diametrically opposed feelings. On one hand, you worry there’s not even time on the chronometer for you to squeeze in those last-minute year-end tax strategies. Should you take that loss in this tax year or wait
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Getty It’s the ninth day of my 12 Days of Charitable Giving for 2019. Readers have suggested deserving charities over the past few weeks, and I’ll be posting the results here. Today’s charity is 13thirty. 13thirty Cancer Connect, Inc. was established in 2001 following the death of Melissa Sengbusch who was 19 years old when
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Former Food and Drug Administration Commissioner Scott Gottleib testifies before the House Agriculture, Rural Development, Food and Drug Administration and Related Agencies Subcommittee about the Trump Administration’s proposed federal budget during a hearing in the Rayburn House Office Building on Capitol Hill May 25, 2017 in Washington, DC. Chip Somodevilla / Getty Images The Food
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For most households, sticking to a budget is apparently far easier said than done. Even though most consumers (74%) say they have a budget, 79% of them fail to stick to it, according to research from crowd-sourced shopping platform SlickDeals.net. On average, the weekly amount that people spend — not including bills like mortgage or
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