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Stock Market

CEO pay rose nearly 10% in 2024 as stock prices and profits soared

Mae Anderson and Paul Harloff  |  Associated PressNew York — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher...
USA Property

Florida property taxes make communities better

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...
USA Property

Property Brothers build DIY empire

Jennifer Bradley Franklin  |  Studio GannettDrew and Jonathan Scott are household names, known for their playful banter, attention to detail and commitment to quality on the home renovation projects they film for television shows such as "Property Brothers," "Celebrity IOU" and "Brother vs. Brother." The 47-year-old identical twins — Jonathan, a licensed contractor, and Drew, a real estate agent — didn’t set out to become the most famous siblings in the home improvement industry. Still, they have embraced the journey and sit at the helm of what could easily be...
Stock Market

Open or closed? Banks? Is USPS mail delivered?

AAA expecting busy Memorial Day weekend for travelOfficials with AAA believe over 45 million people will travel at least 50 miles from their homes for the upcoming Memorial Day weekend.Fox - 10 PhoenixThe Memorial Day holiday is rapidly approaching, and multiple services will be shuttered for the holiday.Is the stock market open or closed on Monday?Here's what we know about the stock market, banks, USPS mail delivery and more on Memorial Day:When is Memorial Day 2025? What date is Memorial Day this year?Memorial Day is on Monday, May 26, 2025.Will...
USA Property

How Nashville’s property tax bills compare to other TN counties

Here's how to properly calculate your property tax billNot sure how to calculate your property tax bill? Here's how to do it properly.In 2023, Davidson County led all Tennessee counties in total property tax per capita at $2,161, according to a Sycamore Institute study of property tax rates and capacity across the state.The study argues that a tax rate on its own tells us "very little" about whether residents in a Tennessee county actually pay high or low property taxes overall.Some Nashvillians are bracing for the prospect of a higher...
USA Property

Government attacks on private property ignore and upend American legal tradition

4-minute readAndrew P. Napolitano  |  Special to the USA TODAY NetworkCan FBI be sued if agents raid wrong house? Supreme Court to weigh in.Trina Martin, son Gabe Watson and partner Toi Cliatt seek compensation after their house was mistakenly raided by the FBI.The British government's use of general warrants, allowing searches of colonists' homes without specific cause, contributed to the American Revolution.The Fourth Amendment, designed to protect the right to privacy and property, requires probable cause for government searches.The author argues that the probable cause standard is insufficient, as natural...
USA Property

Amid deadlock on budget, DeSantis pushes to cut property taxes

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...
Stock Market

What date is the holiday? What is open or closed?

AAA expecting busy Memorial Day weekend for travelOfficials with AAA believe over 45 million people will travel at least 50 miles from their homes for the upcoming Memorial Day weekend.Fox - 10 PhoenixAmericans will soon celebrate Memorial Day, but what will be open or closed during the holiday?Here's what we know about banks, the stock market, USPS mail delivery and more on Memorial Day:When is Memorial Day 2025? What date is Memorial Day this year?Memorial Day is on Monday, May 26, 2025.Will banks be open on Memorial Day, May 26,...
Upcoming Investments

Investor headed to prison for fraud scheme after taking $62.8 million

Dave Williams  |  Capitol Beat News ServiceReal estate investor headed to prison in Atlanta fraud schemeBy Dave WilliamsBureau ChiefCapitol Beat News ServiceATLANTA - The head of a commercial real estate investment firm has been sentenced to 87 months in prison and ordered to pay $45 million in restitution in a fraud scheme involving the Atlanta Financial Center in Buckhead.Elchonon (Elie) Schwartz, 46, of New York City pleaded guilty in February to one count of wire fraud. Schwartz convinced more than 800 investors to send him $62.8 million, including $54 million...
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