Search

REITs Can Cope With Rising Rates 06/17/2018 08:00pm • Real estate investment trusts, or REITs, do fine when the real estate market is strong, but are threatened when rising interest rates undermine the value of interest earnings. At least, that's the common wisdom. Last week, the Federal Reserve raised short-term interest rates for the second time thi World Cup Watch: Esencias Panameñas brings Panama flavor, fandom to DC 06/15/2018 05:17am • Washington D.C. is perhaps the pre-eminent international soccer city in America, drawing the highest World Cup ratings in the U.S. in 2014. So even without the U.S. Men’s National Team this summer, there are plenty of soccer celebrations going on in and around the District for nations that are com How Much Should You Save to Fund Major Expenses? 06/14/2018 08:00pm • With interest rates going up, the cost of borrowing money to pay for major life expenses is also going up. The Federal Reserve has already raised the interest rate three times this year and will most likely raise rates again before the year is out. After years of relatively unchanging rates, it's b 7 Investing Lessons Dad Forgot to Teach You 06/14/2018 08:00pm • Kids aren't taught to invest. Every year on Father's Day we celebrate dads and what they taught us. But how much did dad teach you about investing? Not enough, suggests a MassMutual poll of 500 parents with children who graduated college in the past year. MassMutual found that 72 percent of parents 5 Ways Convenience Is Killing Your Budget 06/14/2018 08:00pm • These days, thanks to modern technology, you can have groceries delivered to your doorstep, summon a driver to pick you up at any location and deposit checks without making a trip to the bank. "Nearly everything is available at the touch of a button, if you're willing to pay for it," says Reggie Jo How much did the Stanley Cup parade and rally cost? And who pays? 06/14/2018 05:01am • WASHINGTON — The Washington Capitals’ bragging rights for being Stanley Cup Champions will last at least a year. How long will it take to pay off Tuesday’s rally and parade? That’s not so clear. Preliminary estimates put the total cost of Tuesday’s festivities are between $380,000 and $ Voices on both sides: DC's Initiative 77 proposes raising tipped workers' wages 06/14/2018 04:51am • WASHINGTON — Regardless of what party they're registered with, D.C. voters will decide a contentious issue on the primary ballot next week: whether to raise the minimum wage for tipped workers. Initiative 77 raises the minimum wage for tipped workers from $3.33 to the regular D.C. minimum wage How a New Law Will Let You Freeze Your Credit Files for Free 06/13/2018 08:00pm • Credit freezes help prevent thieves from opening new lines of credit in another person's name, but most states allow credit bureaus to charge a fee for the service. That will change this autumn. The Economic Growth, Regulatory Relief and Consumer Protection Act, signed on May 24, will let Americans 8 Places to Retire in Florida 06/13/2018 08:00pm • Florida has all the trappings for a great retirement: top-rated beaches, a warm climate, a low cost of living and endless entertainment for people of all ages. The things that make the sunshine state a desirable vacation spot also make it an ideal setting for retirement. While it's easy to select F Stewart wins Va. GOP Senate primary in narrow victory over Freitas 06/13/2018 06:00am • WASHINGTON — Prince William County Board Chair Corey Stewart, an outspoken supporter of President Donald Trump, has won the Virginia GOP primary in the U.S. Senate race in a narrow victory over Virginia Del. Nick Freitas. The hard-right firebrand now faces Democratic Sen. Tim Kaine, the Democr Tips for beach rentals through VRBO, Airbnb 06/13/2018 12:15am • EDITOR'S NOTE: The housing bubble before the recession drove prices up at the Delmarva beaches. Then prices sank. It's been nine years since the end of the recession. So have the beach communities recovered? In the series, Beach Real Estate Guide, WTOP's Colleen Kelleher brings you advice on buying, Comstock wins GOP primary in Virginia's 10th 06/12/2018 10:46pm • WASHINGTON – Incumbent U.S. Rep. Barbara Comstock has won the Republican primary in Virginia's 10th Congressional District, the Associated Press has declared. With 100 percent of precincts reporting, Comstock has 60.71 percent of the vote to Shak Hill's 39.29 percent. Comstock will take on s U.K. Crackdown on Foreign Wealth Targets Russia's Elite 06/12/2018 08:00pm • LONDON -- Chelsea's soccer team won the United Kingdom's coveted FA Cup in May but its owner, Russian multi-billionaire Roman Abramovich, wasn't on hand to savor the victory. His visa expired in April, and since then the 51-year-old oil tycoon -- who is worth $11.5 billion and also owns a $121.5 mil 3 Places It May Be Getting Easier to Buy a House 06/12/2018 08:00pm • Following the Great Recession, housing markets have not had enough supply for buyers throughout the U.S., and it's frustrating for many first-time homebuyers struggling to keep up with rapidly rising home values. Fortunately, it looks like some markets are starting to calm down. While home values c 7 Myths About Social Security 06/12/2018 08:00pm • Social Security benefits are likely to be a big part of your retirement plan. Around 63 million Americans will receive approximately $1 trillion in benefits during 2018, according to the Social Security Administration. Yet understanding exactly how this program works, as well as the best time to st