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It’s been a cruel summer for Hamptons real estate Real estate sales and prices in the Hamptons continued to fall in the second quarter, marking a year and a half of declines, according to a report from Douglas Elliman and Miller Samuel. It was the worst second quarter for sales in eight years.

Jonathan Guzman and Mayra Finol earn about $130,000 a year, combined, in technology jobs. Though that is more than double the median, debt from their years at St. John’s University in New York has been hard to overcome. The two 28-year-olds in West Hartford, Conn., have about $51,000 in student debt, plus $18,000 in auto loans and $50,000 across eight credit cards. Adding financial pressure are a baby daughter and a mortgage of around $270,000.

The Great Recession has officially been over for a decade. For many Americans, there’s little reason to celebrate. Many people’s finances haven’t recovered from the recession’s blows, according to a new survey by personal finance website Bankrate.com. “There are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse,” said Mark Hamrick, senior economic analyst at Bankrate.com. More than half of Americans who were adults amid the Great Recession said they endured some type of negative financial impact, Bankrate found. And half of those people say...

We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively high wages. Public pensions were generous. Stock, bond and home prices were low, and have since risen strongly, enriching anyone who managed to save regularly. College was (by current standards) insanely cheap, allowing us to upgrade our skills with minimal sacrifice. The result was a generation with high average net worth and, at first glance, a great shot at a comfortable retirement. But that’s an illusion, for several reasons. First, the “average net worth” stat masks the fact that many Boomers...

Twenty years ago, I was fortunate to become U.S. comptroller general. At that time, the federal government was in surplus and yet, having previously served as one of two public trustees for Social Security and Medicare, I knew that the federal government faced rising deficits and debt/GDP levels in the future due to known demographic trends and rising health care costs. Three fiscally irresponsible actions happened in 2003. First, the federal government passed a second round of tax cuts that were debt financed. Second, the USA invaded Iraq and charged it to the national credit card. Finally, the federal government...

OKLAHOMA CITY, Okla. – An Oklahoma representative says that she has filed legislation this week that would increase the financial scrutiny given to the Oklahoma Turnpike Authority. House Bill 2530 would require the state auditor and inspector to perform an audit of the Turnpike Authority at least once every two years. “Taxpayers deserve to know where their hard-earned money is going,” Rep. Tess Teague said. “The Turnpike Authority has an annual budget of nearly $100 million, and lawmakers owe it to Oklahomans to track those dollars closely.” The legislation dictates that the audit will take no more than 90 days....

James Clapper, the former director of national intelligence said he believes there could be "other shoes to drop" in the Russia probe, which took a dramatic turn on Friday after new charges against multiple Russian nationals and entities were announced. "I think there are other shoes to drop here — notably finances," Clapper said during a CNN interview Friday night. "I think that's going to be another profound thing that's going to come out about this." "What were the financial relationships between the Trump Organization before the election and the Trump campaign," Clapper said. He clarified that he isn't personally...

Turns out that many businesses who advertise during the NFL games are beginning to realize that the fans are real upset. I mean, who would have thought that even Anheuser Busch would begin feeling the wrath of the fans? So they decided put out this toll free number for anyone who wants to express their opinion on what they think of the way multi-millionaire players and multi-billionaire owners of the NFL are protesting during the national Anthem. If your angry, then call Budweiser and let them have it. I did, and I will admit it made me feel better....

The U.S. Office of Government Ethics on Friday released President Donald Trump's financial disclosure, a 98-page document that details his sprawling hotel and real estate empire. The White House said last month that Trump would voluntarily release his financial disclosure from the 2016 calendar year. The document shows Trump's assets, debts and transactions, but does not provide an exact picture of his net worth.

The White House released financial disclosures for many of its senior officials Friday — a group of some of the wealthiest people ever to join a presidential administration. The documents provide a snapshot of what the employees’ finances looked like when they joined government service in January, but they do not give a full account of how those people are disentangling from business assets that could pose possible conflicts of interest. President Donald Trump, a billionaire New York businessman, and Vice President Mike Pence, the former Indiana governor, are not legally required to file new financial disclosures until next year....

On a day when legislation benefiting women and black colleges and universities was signed with much pomp and circumstance, President Trump quietly followed through on his pledge to defend the Second Amendment by signing the repeal of Barack Obama’s Social Security gun ban. The U.S, House voted to repeal the ban on February 2 and the Senate voted to repeal it on February 15. The ban was fashioned behind closed doors in the summer of 2015 and Breitbart News reported: The specific details of the ban are unknown, as it is being put together “outside of public view.” But the...

George Soros’ WORST Nightmare Just Got Real! Check Out Trump’s Plan To DESTROY Him! However, leftist organizations are not the only ones funded by Soros’ evil money. As Subject: Politics reports, 6 top Republicans took money from the Soros Fund in 2016 as well. Those Republicans are: Speaker Paul Ryan Senator Marco Rubio Senator Lindsey Graham Senator John McCain John Kasich Jeb Bush

Ted Cruz and Marco Rubio have released their tax return information while both attacking Donald Trump, who refuses to release his. On Saturday the Florida senator and the Texas senator made public up to fiver years previous tax information hoping to shame Trump into letting voters see his, too. Rubio released summaries of five tax years Saturday and Cruz later released summaries of four years, from 2011 to 2014, according to NBC News. Cruz accused Donald Trump of hiding his tax returns from voters during Sunday's broadcast of 'Face The Nation'. Cruz said Trump could be hiding as many as...

Seattle Seahawks star running back Marshawn Lynch has made $49.7 million in nine NFL seasons — and has saved all of it. In a recent segment for "The Ian & Puck Show" on 950 AM KJR in Seattle, Ian Rapoport of the NFL Network was discussing recent rumblings that Lynch might retire and dropped an interesting tidbit about Lynch's thriftiness. "Marshawn Lynch has a lot of money," Rapoport said. "He hasn't spent a dime of his actual playing money ... ever."

What would you recommend doing if you have 25 thousand dollars to invest today Where would you put it pay down our mortgage that amount relates to about half of what we owe on a modest condo any ideas

Following the initial halt in CSI-300 Futures at the 5% limit down level, the afternoon session opened to more carnage and amid the worst 'first day of the year' in at least 15 years, Chinese stocks collapsed further to a 7% crash. At 1334 local time, stock trading was halted for the rest of the day across all exchanges (at least two hours early). [Snip] Dow futures are now down over 150 points from NYE close, Gold and Treasuries are bid, and offshore Yuan has plunged most since the August devaluation.

For years, Senator Marco Rubio struggled under the weight of student debt, mortgages and an extra loan against the value of his home totaling hundreds of thousands of dollars. But in 2012, financial salvation seemed to have arrived: A publisher paid him $800,000 to write a book about growing up as the son of Cuban immigrants. In speeches, Mr. Rubio, a Florida Republican, spoke of his prudent plan for using the cash to finally pay off his law school loans, expressing relief that he no longer owed “a lady named Sallie Mae,” as he once called the lender. But at...

President Obama has reported less than $1,001 in his savings account. The disclosure comes as part of the president's annual Executive Branch Personnel Public Financial Disclosure Report. The only savings account listed by the president is a "JP Morgan Chase Private Client Asset Mgmt Savings Account," according to the disclosure reports. See here:

This happened to me yesterday. 3/11/15 at Olive Garden.

Much has been made about the shaky financial footing of Millennials. And it’s true; young adults today have high rates of unemployment and student-loan debt, which can keep them in a holding pattern when it comes to starting their adult lives. But a recent study by the St. Louis Fed took a look at Millennials who had managed to take the first step in creating independent households—getting a job and finding their own place—in order to see how the financial health of young Americans today stacks up to that of previous generations. "Financial well-being early in life... has important implications...