archivenegative

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...

Musk ramps up DOGE as Tesla stock tanks, backlash growsTesla’s stock dropped about 15% on March 10. Still, CEO Elon Musk has no plans to slow down his work in the U.S. government.The Department of Government Efficiency has reversed its decision to close the U.S. Attorney’s Office for the Southern District of Texas in Corpus Christi.The closure was initially part of a plan to reduce federal spending by canceling or renegotiating real estate contracts.The Department of Government Efficiency no longer plans to close the U.S. Attorney’s Office for the Southern...

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....

Aerial video shows tornado damage amid Hurricane Milton aftermathMultiple tornadoes ripped through Florida ahead of Hurricane Milton, causing significant damage to buildings, trees and power lines.Florida lawmakers are considering a bill that would make property owners liable for damage caused by trees on their property, even if the tree falls on a neighbor's property.The proposed Fallen Tree Act would shift responsibility for tree maintenance and damage from the property owner where the tree falls to the property owner where the tree is rooted.The bill would also allow property owners to...

Jeremy Bowman  |  The Motley FoolTesla tumbles below $1 trillion valueFor the first time since November, Tesla is worth less than $1 trillion. The firm's stock tumbled 8% after new figures showed sales have slumped in Europe.After soaring following the election, Tesla (NASDAQ: TSLA) stock ran into a wall in February as a number of news items, macro challenges and CEO Elon Musk's involvement in the Department of Government Efficiency (DOGE) initiative all seemed to contribute to a sharp pullback in the stock.When the dust settled for February, the stock...

Trevor Jennewine  |  The Motley FoolHistorically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too risky right now? Here's what investors should know.The S&P 500 has historically moved higher in March through AugustThe S&P 500 in the last decade has typically generated a positive...

Trevor Jennewine  |  The Motley FoolHow to create a will, set legacy contacts on your deviceThese four tips can help you and your loved ones sort through the digital assets after someone dies.Problem SolvedHistorically, the February after an election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too...

Katie Brockman  |  The Motley FoolThe Trump administration implemented 25% tariffs against Canada and Mexico on March 4, as well as an additional 10% tariff on goods from China — bringing the total tariff on Chinese-made goods to 20%. The countries swifly issued retaliatory tariffs on U.S. imports, escalating tension between the countries and rattling the stock market.Major indexes dropped sharply after the tariffs took effect, with the S&P 500 (SNPINDEX: ^GSPC) falling by 2.96% since Monday, as of this writing. The Nasdaq (NASDAQINDEX: ^IXIC) dipped by around 2.98% in...

'Just getting started': Trump speech on DOGE, budget and borderPresident Donald Trump used his remarks before a joint session of Congress to spell out his vision for the next four years.One building in Nebraska is listed among the hundreds of "underutilized" federal properties that could be sold by President Donald Trump’s administration.In a statement released Tuesday, the U.S. General Services Administration announced that it would consider selling more than 440 federal properties, which it calls "non-core assets," saying many are "functionally obsolete and unsuitable for use by our federal workforce."A list of the...

One top GOP lawmaker said, 'I think we should caution our members as to the outcomes' if Florida axes property taxes.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida Republicans are considering phasing out property taxes, a move championed by Gov. Ron DeSantis.The proposal faces a significant hurdle: Replacing the $50 billion in revenue property taxes generate for essential services like schools and law enforcement.Critics argue...