MTA approves a substantial $1.9 billion contract for the long-awaited Second Avenue subway, with transit officials still asserting it represents savings.

MTA Approves $2 Billion Contract for Second Avenue Subway Expansion The MTA took a significant step on Monday by awarding a contract nearing $2 billion for the ongoing Second Avenue Subway project. This hefty sum, transport authorities insist, is a wise investment, even considering the challenges facing the current system. When asked why a new […]
Massapequa investment company reportedly misused millions of clients’ savings

Massapequa Investment Firm Accused of Misusing Retirement Funds In Nassau County, a Massapequa-based investment firm is facing serious allegations of mishandling retirement accounts belonging to hundreds of clients. Some victims have reported losing millions of dollars. About 400 individuals claim they entrusted their savings to AG Morgan’s financial advisors, only to find themselves struggling to […]
Trump’s executive order may change how Americans manage their retirement savings

Trump Signs Executive Order on Alternative Investments in Retirement Plans President Donald Trump has taken a significant step by signing an executive order that directs financial regulators to include alternative investments in retirement plans, like 401(k) funds. This move could potentially reshape the landscape of American investment portfolios. The executive order was signed on Thursday, […]
Long Island retirees claim financial advisor cost them millions in savings

Pat Butcher has managed to keep her retirement nest egg intact during an Alaska cruise planned for her 70th birthday this October. However, she fears she might have lost over $200,000 that her investment advisor had set aside for her future. To cope with her financial struggles, Butcher took on part-time work and secured a […]
I funded Urban Air with my personal savings.

Building a Trampoline Park Business from the Ground Up Back in 2011, when we opened a trampoline park in Fort Worth, Texas, I think it was around the sixth one in the U.S. Fast forward fourteen years, and it became part of a venture that made over $1 billion in revenue, though it wasn’t all […]
A popular savings method for financial advisers improves with ‘One Big Beautiful Bill’

Health Savings Accounts (HSAs) Gain Greater Accessibility More people than ever are expected to benefit from ways to save money next year, as many financial advisors indicate. The recent provisions in the Tax and Expense Act, signed by President Donald Trump, will expand access to triple-tax-protected health savings accounts (HSAs). This expansion is anticipated to […]
Summer discounts at QVC offer savings on Bose, Apple, designer jewelry, and more.

QVC August Summer Deals: Savings on Top Brands QVC is rolling out some fantastic summer sales throughout August. Notably, shoppers can save on popular electronics from brands like Bose and Apple. Additionally, there’s an array of beautiful designer jewelry to help elevate any outfit, with special prices on rings, necklaces, and more. The offers don’t […]
This state-chartered savings bank is growing its presence on Staten Island.

Apple Bank Expands to Staten Island Staten Island, New York – Apple Bank has recently opened its second branch on Staten Island, located at 2626 Hylan Blvd in the Boulevard Shopping Center. The branch started serving customers on July 21st. This new branch highlights Apple Bank’s ongoing commitment to investing in local communities, aiming to […]
The hidden tax on savings and how to avoid it

Savers and investors benefit from various tax credits and incentives aimed at promoting smarter financial decisions. For instance, the pension contribution tax credit and the £20,000 ISA allowance have remained untouched by government alterations, even though they cost the Treasury hundreds of millions annually. Recent estimates indicate that tax credits for pensions reach £70 billion […]
I have enough savings according to the guidelines, but something is bothering me.

Salary Stain is Slate Money Advice Column. Have a question? Send it to Christine and Iris here. (Anonymous!) Dear dirt, Preparation is vital for me, and I’ve been trying to save money at the rates that financial experts suggest. But there’s something that really concerns me. I know that many big investment firms suggest different […]