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Days after news first broke that Fridman was leaving Compass, the luxury goods agency announced on Instagram that he was moving to a brokerage firm led by luxury goods giant Aaron Carman. Whether you’re refining your business model, mastering new technology, or finding a strategy to take advantage of the next market boom, Inman Connect New York prepares you to take a bold step. The next chapter is about to begin. Please join us. Join us and thousands of other real estate leaders from January 22-24, 2025. Days after news first broke that Tomer Fridman was leaving Compass, the luxury…
The Aroostook County Opioid Settlement Task Force is asking local organizations to apply for funding to help people negatively affected by drugs. Aroostook will receive a $2.69 million settlement over the next 16 years. The fund is part of a national lawsuit related to undue harm caused by more than a decade of distribution of highly addictive prescription painkillers. Earlier this year, the county government formed a nine-member task force to decide how to distribute that money. In Maine, 39 counties, cities and towns will share in $66 million in opioid settlement funds, part of more than $50 billion expected…
NEW YORK, Oct. 30, 2024 /PRNewswire/ — Global online therapy services market size is estimated to grow by USD 16.16 billion from 2024 to 2028, according to AI-driven market evolution report – Technavio . The market is estimated to grow at a CAGR of 28.09% during the forecast period. The adoption of smartphones and increasing interest in online services are driving the market growth, leading to the increasing popularity of online medical services. However, privacy concerns related to patients’ mental health issues are a challenge. Key market participants include 7 Cups of Tea Co., American Well Corp., BreakThrough Counseling Services,…
Los Angeles, CA, October 29, 2024 — The nonprofit Sundance Institute and Sandbox Films today announced 15 projects and teams that will receive support through the Sundance Institute. Sandbox Fund. The fund provides grants to projects at every stage from development to post-production, giving filmmakers the opportunity to explore the connections between science and culture through nonfiction storytelling. At a critical time for documentary support, the foundation is increasing its grants to $500,000 annually. Since its creation in 2017, the number of project submissions to the fund has increased by 500% from around the world. This program expansion will allow…
The need for 50/30/20 portfolios is growing as investors look to diversify into alternatives as a hedge against the stock and bond markets, which are each raising red flags. A traditional balanced portfolio is 60% allocated to stocks and 40% allocated to bonds. Investors who choose to include alternative products in their portfolios typically allocate less than 5% of their assets to this category, according to Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group. . Strategies involving private equity and venture capital have higher barriers to entry and greater risk compared to traditional financial assets such as stocks, bonds,…
Chicago Mayor Brandon Johnson released his 2025 budget on October 30 with nearly $1 billion in deficits, overspending and low revenue, forcing him to break his campaign promise not to raise property taxes. . Chicago Mayor Brandon Johnson on October 30 announced a $17.3 billion budget for fiscal year 2025, including a $982 million shortfall. He could have cut payroll costs or broken a campaign promise to raise taxes on Chicago property owners and renters. He opted for higher property taxes. His 2025 budget proposal includes a $300 million property tax increase. It comes despite councilors urging Mr Johnson to…
Maryland Auto, in collaboration with the University of Baltimore Advisory Board, joined the Business Studies Department and Business Club at Community College of Baltimore County (CCBC) to participate in another series of Risk Management and Insurance Career Day Fairs. Sessions were held at CCBC Essex Campus on October 23rd and at CCBC Catonsville Campus on October 24th. Last spring, Maryland Auto and CCBC hosted a series of career fairs on both university campuses that were well attended. These information fairs educated high school and college students about the benefits and opportunities available through a career in the insurance industry. “Career…
WAUSAU, Wis. (WSAW) – As the end of the year approaches, it’s time to start thinking about your retirement plan. Some retirement plans require some effort. For example, minimum distribution required or RMD. Kylie Berendsen, a private wealth advisor with Buska Wealth Management, joins NewsChannel 7 at 4 p.m. to discuss what that means. This refers to the minimum amount that IRA and retirement plan account owners generally must withdraw each year.Please see the attached links for answers to the following questions:What is RMD?When should I take it?What types of accounts are eligible for RMDs?How do I know how much…
The rule is the latest in a series of regulations targeting strategic technologies. The Treasury Department on Monday finalized a rule that would prohibit Americans from making certain investments in China-based companies that work on semiconductors, AI systems, or quantum information technology.The rule goes into effect on January 2, 2025, and includes new export controls on quantum computers that went into effect in September and export controls on certain quantum research institutes in China that went into effect in May. This is based on other regulations imposed by the government.The rule is currently limited to China (including Hong Kong and…
FinTech Pinwheel has partnered with account opening solutions company Candescent (formerly Terafina). The partnership will bring Pinwheel’s direct deposit exchange solution to Candescent’s bank and credit union customers, according to a Wednesday (October 30) press release. “Today’s consumers have more accounts than ever before and are banking with multiple financial institutions to meet a variety of financial needs,” the release states. “Simplifying the direct deposit switching process will help banks compete for account supremacy to capture a larger share of consumers’ wallets and ultimately become customers’ primary financial institution. It will be a key differentiator.” Switching to direct deposit has…