Jennifer Aniston Has An Awkward ’80s Vibe Going On

We’re used to seeing Jennifer Aniston in her signature all-black uniform, whether it’s All Saints on the street or black dresses on the red carpet. So we were really surprised when she stepped out on Wednesday at the “We’re The Millers” premiere in London in a frilly floral Christian Dior dress.

U.K. Mortgage Approvals Rise to Highest in 5 1/2 Years

U.K. mortgage approvals rose to the highest in 5 1/2 years in September, adding to signs of a strengthening property market that’s being stoked by government incentives. Lenders granted 66,735 mortgages, the most since February 2008, compared with a revised 63,396 the previous month, the Bank of England said in a report in London today.…

Abe’s Special Zones to Fuel Economic Reform, Hatta Says

Japanese Prime Minister Shinzo Abe’s reforms may be aided by excluding the agriculture, trade and welfare ministries from oversight of special economic zones, according to the head of a working group on the plans. “Abe sees the strategic special zones as the heart of regulatory reforms,” Tatsuo Hatta, 70, said in an interview in Tokyo…

Wholesale Prices in U.S. Unexpectedly Fall as Food Costs Ebb

Wholesale prices in the U.S. unexpectedly dropped in September as food costs retreated, an indication inflation remains tame. The 0.1 percent decrease in the producer price index followed a 0.3 percent gain the prior month, a Labor Department report showed today. The median estimate in a Bloomberg survey of 80 economists called for a 0.2…

Tax Revolts Hit Hollande as Farmers, Soccer Clubs Protest

French President Francois Hollande’s taxes, among the world’s highest, have made strange bedfellows out of the country’s soccer clubs and farmers in Brittany. Revolts against a series of levies have erupted with protests by farmers in Brittany against a trucking tax on Oct. 27 leaving several people injured, and soccer clubs refusing to play a…

Housing Prices in U.S. Cities Rise by Most Since Early 2006

Home prices in 20 U.S. cities rose in August from a year ago by the most since February 2006 as stronger demand boosted values. The S&P/Case-Shiller index of property prices in 20 cities increased 12.8 percent from August 2012, more than forecast, after a 12.3 percent gain in the year ended in July, a report…

How To Invest Money Like A Pension Manager

I know what you’re probably thinking: How to invest money like a pension manager? Why would I do that? Because pension managers win. Among all long-term investors, it’s really only the pension managers who understand the risks.

Is A Single-Family Office For You?

While it’s impossible to precisely quantify the growth in single-family offices, the anecdotal evidence is clear. Relatively speaking, their numbers are booming. This trend is likely to intensify as it’s become self-reinforcing. Consequently, more than a few exceptionally wealthy families will embrace single-family offices to their chagrin.

The Big Capital Gains Tax Mistake Homeowners Make

Imagine making $250,000 and not having to pay taxes on it. That’s the generous tax break –the home sale exclusion — homeowners are entitled to when they sell their primary residence for a gain after having lived in the home for at least two of the five years immediately preceding the sale. Couples can shelter…