'3 Kings' of hip-hop
The Forbes editor who launched the Hip-Hop Cash Kings list is out with a new book on the biggest moneymakers in the game. 3 Kings: Diddy, Dr. Dre, Jay-Z and Hip-Hop's Multibillion-Dollar Rise by Zack O'Malley Greenburg is three things: a history of the business of hip-hop, a triple biography of Jay-Z, Diddy, and Dr. Dre, and a blueprint of how those guys became entrepreneurs.
The Forbes editor who launched the Hip-Hop Cash Kings list is out with a new book on the biggest moneymakers in the game. 3 Kings: Diddy, Dr. Dre, Jay-Z and Hip-Hop's Multibillion-Dollar Rise by Zack O'Malley Greenburg is three things: a history of the business of hip-hop, a triple biography of Jay-Z, Diddy, and Dr. Dre, and a blueprint of how those guys became entrepreneurs.
Emily Chang, author of 'Brotopia'
Emily Chang spent two years interviewing 300 people about the so-called bro culture in Silicon Valley for her hot new book Brotopia. She stopped by Fox 5 to talk to me about the book and why it's beyond time we get more women in tech and break up the boys' club. Brotopia is about how women have been left out of the greatest wealth creation in the world, Emily says. In her mind, the title captures the idea that Silicon Valley is a modern utopia where anyone can change the world or make their own rules--if they're a man.
Emily Chang spent two years interviewing 300 people about the so-called bro culture in Silicon Valley for her hot new book Brotopia. She stopped by Fox 5 to talk to me about the book and why it's beyond time we get more women in tech and break up the boys' club. Brotopia is about how women have been left out of the greatest wealth creation in the world, Emily says. In her mind, the title captures the idea that Silicon Valley is a modern utopia where anyone can change the world or make their own rules--if they're a man.
January is 'Divorce Month'
After the holidays a lot of couples call it quits. So what should you do if you think your marriage is done? For starters, don't panic. But you should start getting your finances in order and find legal and financial experts you trust. Rachel Gottlieb, a certified divorce financial analyst at UBS, says most couples go into marriage hoping that it works out and they live happily ever after. But, if you're breaking up like Brangelina or consciously uncoupling like Gwyneth Paltrow and Chris Martin, you're not alone. In fact, January is one of the most popular months for breakups. It is known in the legal and financial industry as Divorce Month.
After the holidays a lot of couples call it quits. So what should you do if you think your marriage is done? For starters, don't panic. But you should start getting your finances in order and find legal and financial experts you trust. Rachel Gottlieb, a certified divorce financial analyst at UBS, says most couples go into marriage hoping that it works out and they live happily ever after. But, if you're breaking up like Brangelina or consciously uncoupling like Gwyneth Paltrow and Chris Martin, you're not alone. In fact, January is one of the most popular months for breakups. It is known in the legal and financial industry as Divorce Month.
Congestion pricing plan
A traffic-management idea that seems to come around every few years but then dies off has yet again resurfaced: so-called congestion pricing in Manhattan. Fox 5 spoke to several drivers during rush hour in Midtown Manhattan on Wednesday. They all said that they oppose the very thought of congestion pricing. But they may have to get used it one day. The idea is included in New York Gov. Andrew Cuomo's new budget proposal. The governor said his plan would not put tolls on the East River bridges.
A traffic-management idea that seems to come around every few years but then dies off has yet again resurfaced: so-called congestion pricing in Manhattan. Fox 5 spoke to several drivers during rush hour in Midtown Manhattan on Wednesday. They all said that they oppose the very thought of congestion pricing. But they may have to get used it one day. The idea is included in New York Gov. Andrew Cuomo's new budget proposal. The governor said his plan would not put tolls on the East River bridges.
Allowance apps for kids
Dozens of allowance apps seek to teach kids how to manage their money and how every adult must do the same.
Dozens of allowance apps seek to teach kids how to manage their money and how every adult must do the same.
Expert: Start investing now
Big goals can be daunting and overwhelming. That is why Stash CEO Brandon Krieg, also a co-founder of the investing app, says you should start small when you're setting your financial goals for 2018. Stash advises working towards the bigger goals in little increments.
Big goals can be daunting and overwhelming. That is why Stash CEO Brandon Krieg, also a co-founder of the investing app, says you should start small when you're setting your financial goals for 2018. Stash advises working towards the bigger goals in little increments.
GOP tax bill
Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation's tax code. GOP leaders are looking toward passage of the final package by the House and Senate next week, with the aim of sending the measure to President Donald Trump to sign before Christmas.
Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation's tax code. GOP leaders are looking toward passage of the final package by the House and Senate next week, with the aim of sending the measure to President Donald Trump to sign before Christmas.
Black Friday deals
The biggest shopping weekend of the year is just a few days away and the National Retail Federation says it will be a busy one. The NRF expects 69 percent of Americans?164 million people?will do at least some shopping this weekend. But if you can't stand the thought of crowding into hot stores alongside the masses, don't panic.?You can still score some great deals.
The biggest shopping weekend of the year is just a few days away and the National Retail Federation says it will be a busy one. The NRF expects 69 percent of Americans?164 million people?will do at least some shopping this weekend. But if you can't stand the thought of crowding into hot stores alongside the masses, don't panic.?You can still score some great deals.
Doing MetroCard math
Countless straphangers wonder which MetroCard makes the most sense: weekly, monthly, of pay-as-you-go? If you're struggling to figure out what type of MetroCard you should buy, the MTA has a MetroCard fare calculator on its website to help you come up with the best plan. A 30-day unlimited card is only worth it if you swipe your card at least 47 times in the month, according to the website.
Countless straphangers wonder which MetroCard makes the most sense: weekly, monthly, of pay-as-you-go? If you're struggling to figure out what type of MetroCard you should buy, the MTA has a MetroCard fare calculator on its website to help you come up with the best plan. A 30-day unlimited card is only worth it if you swipe your card at least 47 times in the month, according to the website.
Parking ticket code goof
Few things are more annoying to drivers than paying for parking and still getting a ticket. Now the New York City Department of Finance admits a clerical error forced it to refund millions of dollars to hundreds of thousands of drivers.
Few things are more annoying to drivers than paying for parking and still getting a ticket. Now the New York City Department of Finance admits a clerical error forced it to refund millions of dollars to hundreds of thousands of drivers.
How to start saving money
Most Americans don?t have enough money saved up in case of an emergency and a growing number don?t have anything saved at all. So how can we change that? Emily Rubin, senior vice president of wealth management at UBS, says that everyone should take a month and write down every little thing that they spend. It sounds simple, but most people don't do it. Rubin says too many adults have no idea what they're spending. That is contributing to America's problem with personal savings. Too many people in our country live paycheck to paycheck.
Most Americans don?t have enough money saved up in case of an emergency and a growing number don?t have anything saved at all. So how can we change that? Emily Rubin, senior vice president of wealth management at UBS, says that everyone should take a month and write down every little thing that they spend. It sounds simple, but most people don't do it. Rubin says too many adults have no idea what they're spending. That is contributing to America's problem with personal savings. Too many people in our country live paycheck to paycheck.
French restaurant in NYC accepts bitcoin
At first glance, La Sir?ne looks like any other cozy French restaurant, complete with escargot. But this new Upper West Side eatery accepts cash, check, American Express, and a powerful yet controversial form of currency known as bitcoin. The owner Didier Pawlicki is the consummate host as well as a savvy entrepreneur. He also owns a restaurant by the same name downtown where he has accepted bitcoin for about four years now.
At first glance, La Sir?ne looks like any other cozy French restaurant, complete with escargot. But this new Upper West Side eatery accepts cash, check, American Express, and a powerful yet controversial form of currency known as bitcoin. The owner Didier Pawlicki is the consummate host as well as a savvy entrepreneur. He also owns a restaurant by the same name downtown where he has accepted bitcoin for about four years now.
Researching job salaries
People would rather get a root canal than ask for a raise, according to a recent survey by Robert Half staffing agency. To help ease that pain, Robert Half publishes annual salary guides, which make talking about money less stressful. Salaries in New York are up about 3 percent to 4 percent this year and should do the same next year across a wide range of jobs and industries.
People would rather get a root canal than ask for a raise, according to a recent survey by Robert Half staffing agency. To help ease that pain, Robert Half publishes annual salary guides, which make talking about money less stressful. Salaries in New York are up about 3 percent to 4 percent this year and should do the same next year across a wide range of jobs and industries.
Saving for college
Only 0.3 percent of students get a full ride, in the form of a scholarships or grants, to college, according to Michael Conrath, the head of 529 College Savings at J.P. Morgan Asset Management. So it might be a good idea to save some money for your kids' college education.
Only 0.3 percent of students get a full ride, in the form of a scholarships or grants, to college, according to Michael Conrath, the head of 529 College Savings at J.P. Morgan Asset Management. So it might be a good idea to save some money for your kids' college education.
Money does buy happiness: Study
People who dole out cash to save time on things like housekeeping, delivery services and taxis are a little bit happier than those who don't, new research finds.
People who dole out cash to save time on things like housekeeping, delivery services and taxis are a little bit happier than those who don't, new research finds.
How to start saving for retirement
The prevailing wisdom when it comes to retirement is "The earlier you start, the easier it will be." But if you haven't started yet, don't panic. Anne Lester, head of retirement solutions at J.P. Morgan Asset Management, said even a small contribution can make a big difference. Anne said you should start with as much as you can afford, but even as little as $25 to $50 a month will make a huge difference. And that money needs to go into the markets.
The prevailing wisdom when it comes to retirement is "The earlier you start, the easier it will be." But if you haven't started yet, don't panic. Anne Lester, head of retirement solutions at J.P. Morgan Asset Management, said even a small contribution can make a big difference. Anne said you should start with as much as you can afford, but even as little as $25 to $50 a month will make a huge difference. And that money needs to go into the markets.
Who should pay on the first date?
Traditionally, first comes love then comes marriage. And then -- well, you know the rest. But getting to that love point can get quite expensive. So who should pay on the first date? "I think whoever asks for the date," Lori Zaslow, the co-founder of matchmaking service Project Soulmate. She says while the guy should traditionally pay on the first date, the woman should at least offer to pay on subsequent dates. Thanks to web dating sites and apps, people are going on more first dates than ever.
Traditionally, first comes love then comes marriage. And then -- well, you know the rest. But getting to that love point can get quite expensive. So who should pay on the first date? "I think whoever asks for the date," Lori Zaslow, the co-founder of matchmaking service Project Soulmate. She says while the guy should traditionally pay on the first date, the woman should at least offer to pay on subsequent dates. Thanks to web dating sites and apps, people are going on more first dates than ever.
Consignment store closes
A high-end consignment store chain is closing its doors and customers who consigned items with them that sold may never see their money. Judy Simon consigned two designer handbags in February at the Upper West Side location of 2nd Time Around, a national designer resale chain with nine New York City locations. By March, both bags had sold, according to the store's online system, netting her about $230. But months later, she has still seen no sign of the money.
A high-end consignment store chain is closing its doors and customers who consigned items with them that sold may never see their money. Judy Simon consigned two designer handbags in February at the Upper West Side location of 2nd Time Around, a national designer resale chain with nine New York City locations. By March, both bags had sold, according to the store's online system, netting her about $230. But months later, she has still seen no sign of the money.
Cashless future
In a world where credit cards and digital finance transactions are becoming more and more popular, would you say that cash is dead? Erik Engquist is the assistant managing editor for news magazine and website Crain's New York Business. He believes a cashless world is easier for people and especially for businesses, although some may prefer cash in order to illegally avoid paying taxes or to avoid credit card fees.
In a world where credit cards and digital finance transactions are becoming more and more popular, would you say that cash is dead? Erik Engquist is the assistant managing editor for news magazine and website Crain's New York Business. He believes a cashless world is easier for people and especially for businesses, although some may prefer cash in order to illegally avoid paying taxes or to avoid credit card fees.
Lucrative post-presidency
Returning to the public stage this week in Chicago, former President Barack Obama urged young people to get involved in politics. That appearance was unpaid. A scheduled speech for Wall Street firm Cantor Fitzgerald this September is not. The 44th president will reportedly receive $400,000 for the appearance at a health care conference. But he is hardly the first former president to take on lucrative speaking engagements.
Returning to the public stage this week in Chicago, former President Barack Obama urged young people to get involved in politics. That appearance was unpaid. A scheduled speech for Wall Street firm Cantor Fitzgerald this September is not. The 44th president will reportedly receive $400,000 for the appearance at a health care conference. But he is hardly the first former president to take on lucrative speaking engagements.