For Livingetc‘s first-ever House of the Year, London-based studio A New Day’s project in Highgate was a unanimous winner. On judging day, I was immediately drawn to the colors; Sarah Spiteri noticed how well zoned, and therefore how good for families it was; while Emma Breislin and Hugh Metcalf were both impressed by various details,…
Shares in data center infrastructure company Vertiv (VRT -16.59%) were down by more than 16% at 1 p.m. today as the market took a dim view of the company’s second-quarter earnings report, even as management hiked its full-year 2026 sales, profit, and cash flow guidance. The nuance needs some explaining. Vertiv’s mixed results The company’s…
A strong dollar is doing far less for the fight against inflation than might be expected.
The Internal Revenue Service plans to observe National Whistleblower Day on July 30, highlighting the role of tipsters in exposing tax fraud and helping it recover unpaid taxes and strengthen tax compliance. Processing Content The IRS said $8 billion has been recovered since 2007 thanks to whistleblowers, and it has paid over $1.4 billion in…
Bernard Arnault has made a series of successful buy-ins that have catapulted his wealth to new heights, including the likes of Google and most famously, the luxury giant LVMH. And the billionaire Moet Hennessy Louis Vuitton CEO could have had even another investment win under his belt: He just revealed he lost out on a…
AI and other technologies hold great promise to transform government finance processes. At a roundtable supported by Visa, held at Global Government Forum’s Innovation 2026 conference, participants discussed how to overcome the barriers – including data quality and legislative complexity – and embrace opportunities The growing role of artificial intelligence was among the focus areas…
Today’s workers entering retirement face one big dilemma: What is the best way to turn their nest eggs into a steady stream of income? One traditional approach — the 4% rule, whereby retirees can withdraw that portion of their portfolio in their first year of retirement and then adjust that rate for inflation thereafter —…
Despite a slight miss on revenue, shares of Ford Motor Co.traded more than 3% higher as of 1:13 p.m. ET today after the company raised its full-year guidance. In the second quarter, Ford reported adjusted earnings per share of $0.42, $0.07 higher than Wall Street consensus estimates. Revenue of $44.89 billion missed estimates of $45.86…
The Internal Revenue Service released Notice 2026-40 on June 18, announcing that proposed regulations regarding qualified opportunity zones under Internal Revenue Code Sections 1400Z-1 and 1400Z-2 are forthcoming and providing long-anticipated transitional guidance relating to qualifying investments thereunder. The notice introduces planning opportunities that QOZs and investors must take before the end of this year,…
It’s not enough to do everything “right” on paper.