You’re Paying Much More Tax Than You Thought

Welcome to Money Distilled. I’m John Stepek. Every weekday I look at the biggest developments in the world of markets and economics, and explain exactly what it all means for your money.I want to...

Tesla valuation reaching $4 trillion

Elon Musk's latest lofty prediction for Tesla (TSLA) looks pie in the sky, even by his standards."I see a potential path to be worth more than Apple and Saudi Aramco combined," Musk proudly proclaimed...

When will you get your payments?

With the cost of living sky rocketing across the United States in 2022, several state leaders have stepped forward to announce financial relief programs through the use of either stimulus payments or tax rebates. However,...

Amazon Labor Union Loses Election at Warehouse

Workers at an Amazon facility near Albany, N.Y., have voted decisively against being represented by the upstart Amazon Labor Union, denting efforts to expand unionization across the giant e-commerce company.Employees at the warehouse cast...

Becoming a Landlord? What You Should Know

Being a landlord can be a lucrative business opportunity when you are diligent in screening tenants and maintaining the property. Landlords are bound to encounter problems and most of them can be successfully managed...

Private insurance companies use the Medicare label

Little known to many is the fact that numerous private insurance companies use the Medicare label in their plan titles and in their advertising efforts. Two progressive members of the House of Representatives, Mark...

JP Morgan Chase cuts ties with rapper

US banking giant JP Morgan Chase is ending its relationship with the rapper and designer Kanye West, who now goes by the name Ye, and his Yeezy brand.A letter from the bank informing Mr...

Hurricane Ian uninsured, insured damages estimated between $41-70B

An analysis of final estimated uninsured and insured damages in impacted states following Hurricane Ian reveals total flood and wind related losses are between $41 billion and $70 billion. The analytics and data provider CoreLogic...

The hidden factor in Florida’s property insurance crisis

After Hurricane Ian walloped Florida last week, headlines blared that the state's insurance industry could be crippled.Six Florida property insurance companies were declared insolvent this year, and others are canceling or not renewing policies.Between...

Is Your Home Insured for a Natural Disaster?

Home insurance policies provide an important layer of protection for your property, but the hazard insurance covering your property may not have the coverage you need if your community is hit by a natural...

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