Patrick Kim

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The Home Office Tax Deduction: One of the Most Misunderstood (and Dangerous) Tax Breaks

The home office tax deduction offers huge tax savings to those 24% of employed people who now do some or all of their work at home. Yet of all the …

Personal Finance

Traditional or Roth IRA? One Has an Absolute Benefit | Investopedia

When given the choice, I suggest people take advantage of a sure thing now (“current absolute benefit”) instead of risking an undefined future …

Pot blocks: obstacles keep small business owners from a multibillion-dollar market

Marijuana retail sales could reach $4.3bn this year and create new jobs, but some aspiring entrepreneurs warn that weed is not an easy business<p>This year’s election may have been dominated by Donald Trump, but it was also about marijuana. California, Massachusetts and Nevada made recreational use …

Cannabis

A startup that wants to transform insurance 'beyond recognition' has added $33 million to its war chest

First spotted by CB Insights' filing tracker, the quiet raise that closed in November is the opposite of the company's splashy debut last year.<p>In December 2015, the insurance startup raised $13 million in seed funding — the largest ever seed investment by legendary Silicon Valley firm Sequoia …

Startups
Economy
Regulation

It looks like Trump may pay the price for alienating dozens of national security elites

Trump's transition team — many of whom are relative political outsiders who apparently didn't realize that President Barack Obama's entire West Wing staff would have to be replaced — are reportedly scrambling to fill the transition team and make other political appointments before Inauguration …

Donald Trump

Rising Premiums Rankle People Paying Full Price For Health Insurance

Shela Bryan, 63, has been comparing prices for individual health insurance plans since May, and she can't believe what she has been seeing.<p>"They cost a thousand, $1,200 [a month], and they have a deductible of $6,000," she said. "I don't know how they think anyone can afford that."<p>Bryan, who lives …

Health Care

16 Easy And Delicious Breakfasts You Can Make In An Office Kitchen

If you work in an office, chances are your typical breakfast is whatever you can grab while inevitably running late. (If you work nine to five and prep a gourmet meal each morning, you can stop reading — we salute you.) Instead of a handful of Cheerios and a random apple, try one of these 16 easy …

Breakfast

Employees Are Paying A Bigger Chunk Of Health Insurance Costs

High deductible health plans are the new normal.<p>Just over half of employees this year have a health insurance policy with a deductible of at least $1,000, according to a survey of employers from the Kaiser Family Foundation.<p>It's the continuation of a multiyear trend of companies passing more of the …

Health Care

Asian shares track tech, consumer stocks' rally on Wall St

Shares rose in Asia on Friday after technology and consumer-focused stocks led an overnight rally on Wall Street, marking a dramatic end to the market's most volatile quarter in more than two years. Most world markets were closed for Good Friday.<p>KEEPING SCORE: Japan's Nikkei 225 index added 1.4 …

Stock Markets

The Psychological Quirk That Explains Why You Love Donald Trump

The popularity of the GOP front-runner can be explained by the Dunning-Kruger Effect.<p>Many commentators have argued that Donald Trump’s dominance in the GOP presidential race can be largely explained by ignorance; his candidacy, after all, is most popular among Republican voters without college …

Critical Thinking

Oil Up After U.S. Crude Drawdown, Misses $50-Target Amid Profit-Taking

Oil prices rose more than 1 percent on Wednesday after the U.S. government reported a larger-than-expected drop in crude inventories, but profit-taking after the data kept prices below the $50 a barrel level that oil bulls had been hoping for.<p>The U.S. Energy Information Administration said crude …

The Price of Oil Is Slamming Kyle Bass' Hedge Fund

Hedge fund giant Kyle Bass may have astutely predicted the subprime mortgage crisis leading up to the great recession—but he couldn’t do the same for …

Markets

David Brooks, wrong again: What “religious freedom” proponents don’t understand about the Constitution

“Congress shall make no law respecting the establishment of religion, or prohibiting the free exercise thereof.”<p>This week, proponents of today’s “religious freedom” acts in Indiana and Arkansas seemed bewildered by the harsh national backlash against them. But for anyone who seriously believes (to …

Religion

The most painful speech ever

Washingtonians sit through terrible speeches all the time: dry rules hearings, partisan floor lectures and, let’s face it, even the State of the Union some years.<p>So it was a bad day for Rep. Donna Edwards Thursday, when Washingtonians gathered at coffee pots and in lunch rooms across town and …