Social Security Opens to Survivors of Same-Sex Couples Who Could Not Marry

Challenging a policy that limited survivor’s benefits to married couples, even though some couples were legally barred from marriage, took years.

#elderly, #finances, #helen-thornton, #lambda-legal-defense-and-education-fund, #same-sex-marriage-civil-unions-and-domestic-partnerships, #social-security-us, #social-security-administration, #your-feed-health, #your-feed-science

As Broadway Struggles, Governor Hochul Proposes Expanded Tax Credit

With Omicron complicating Broadway’s return, Gov. Kathy Hochul proposed more assistance for commercial theater, which her budget director called “critical for the economy.”

#broadway-league, #budgets-and-budgeting, #coronavirus-2019-ncov, #empire-state-development-corp, #finances, #hochul-kathleen-c, #new-york-city, #politics-and-government, #tax-credits-deductions-and-exemptions, #theater

Kathy Hochul Unveils Record $216 Billion Budget Plan for NY

Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls.

#budgets-and-budgeting, #finances, #hochul-kathleen-c, #new-york-state, #politics-and-government, #taxation

Building a Hub for New Art in Athens ‘Under the Shadow of the Acropolis’

Many associate culture in Athens with ruins and ancient artifacts. But the Greek government and several big philanthropic foundations want to put the city on the international contemporary art map.

#art, #athens-greece, #finances, #greece, #greek-civilization, #museums, #national-museum-of-contemporary-art-emst-athens-greece, #onassis-cultural-center, #philanthropy, #politics-and-government

As Workers Gain Pay Leverage, Nonprofits Can’t Keep Up

Schools and social assistance agencies face staffing shortages as they compete with businesses able to raise wages — and services are suffering.

#coronavirus-2019-ncov, #education-k-12, #federal-aid-us, #finances, #government-contracts-and-procurement, #hiring-and-promotion, #labor-and-jobs, #nonprofit-organizations, #shortages, #united-states-economy, #wages-and-salaries

How to Cope With Medicare’s Rising Costs

A higher Medicare premium in 2022 is just part of the puzzle of health care costs for older Americans. But there are ways to plan.

#aduhelm-drug, #content-type-service, #drugs-pharmaceuticals, #elderly, #finances, #health-insurance-and-managed-care, #inflation-economics, #longevity, #medicare, #pensions-and-retirement-plans, #social-security-us

The Arizona Coyotes and Their Long Journey to Nowhere

The N.H.L.’s least valuable franchise, and its 26-season headache, won’t have a home as of June 30 after the City of Glendale said it would end their agreement.

#arizona, #arizona-coyotes, #finances, #glendale-ariz, #hockey-ice, #meruelo-alex, #national-hockey-league, #phoenix-ariz, #stadiums-and-arenas

N.Y.C. Arts Organizations Awarded $51.4 Million Dollars in Grants

The Department of Cultural Affairs is awarding $51.4 million in grants to more than 1,000 nonprofit arts and cultural groups that are seeking to rebound from the pandemic.

#city-council-nyc, #coronavirus-2019-ncov, #cultural-affairs-department, #culture-arts, #finances, #guggenheim-solomon-r-museum, #metropolitan-opera, #museums, #new-york-city, #new-york-philharmonic, #ninety-second-street-y, #politics-and-government

Cryptocurrency Group Loses Bid for Rare Copy of U.S. Constitution

ConstitutionDAO, a “decentralized autonomous organization,” had raised more than $40 million to bid for the artifact.

#art, #auctions, #computers-and-the-internet, #constitution-us, #constitutiondao, #finances, #virtual-currency

Blue-Chip Art From Bitter Macklowe Divorce Brings $676 Million at Sotheby’s

A Sotheby’s executive called the court-ordered sale on Monday night “the most valuable single-owner auction ever staged.”

#art, #auctions, #caillebotte-gustave, #finances, #getty-j-paul-museum, #giacometti-alberto, #rothko-mark, #sothebys, #warhol-andy, #whitney-stanley-1946

In China’s Super League, Everyone Seems to Be Losing

Chinese teams once embraced ambition and overspending in a bold attempt to reshape their sport. Now they don’t even play games.

#china, #china-evergrande-group, #chinese-super-league, #finances, #guangzhou-evergrande-soccer-team, #international-federation-of-association-football-fifa, #jiangsu-suning-soccer-team, #politics-and-government, #shutdowns-institutional, #soccer

How Can We Make Crypto Green? A Times Event

On Oct. 5, Andrew Ross Sorkin and the DealBook team explore the environmental impact of digital currency and efforts to make it more sustainable.

#alternative-and-renewable-energy, #bitcoin-currency, #finances, #internal-open-access

Join Us for a Conversation on Greening Cryptocurrency

On Oct. 5, Andrew Ross Sorkin and the DealBook team explore the environmental impact of digital currency and efforts to make it more sustainable.

#alternative-and-renewable-energy, #bitcoin-currency, #finances, #internal-open-access

With a Rare ‘Oedipe,’ the Paris Opera Pulls Together

Staged by the playwright and director Wajdi Mouawad, Enescu’s opera helps inaugurate a new era for the storied company.

#content-type-personal-profile, #enescu-george, #finances, #mouawad-wajdi, #oedipe-opera, #opera, #paris-france, #paris-opera, #theatre-de-la-colline-paris-france

Your Finances Took a Hit From the Pandemic. Here’s What You Do Now.

Find someone wiser than you, check your credit report and taxes, and stop catastrophizing. This is how you can do it.

#anderson-stephen-lee, #consumer-financial-protection-bureau, #content-type-service, #credit-scores, #finances, #labor-and-jobs, #personal-finances, #retirement, #unemployment

Four Art Gallerists Create LGDR Consortium, Upending Traditional Model

Dominique Lévy, Brett Gorvy, Amalia Dayan and Jeanne Greenberg Rohatyn will become LGDR, a one-stop shop for artists and collectors.

#appointments-and-executive-changes, #art, #auctions, #dayan-amalia, #finances, #gorvy-brett, #greenberg-rohatyn-jeanne, #levy-gorvy-gallery, #levy-dominique, #lgdr-manhattan-ny-gallery, #luxembourgdayan, #mergers-acquisitions-and-divestitures, #real-estate-commercial, #salon-94-manhattan-ny-gallery, #upper-east-side-manhattan-ny

California’s Plan to Make New Buildings Greener Will Also Raise Costs

A recent building code change for new construction could reduce emissions by requiring use of solar panels and batteries, raising prices in an already expensive state.

#alternative-and-renewable-energy, #batteries, #building-construction, #california, #electric-light-and-power, #finances, #global-warming, #greenhouse-gas-emissions, #heating, #international-code-council-inc, #los-angeles-calif, #natural-gas, #real-estate-and-housing-residential, #regulation-and-deregulation-of-industry, #san-bernardino-calif, #solar-energy

Roger Federer’s Biggest Legacy? It Might Be His Billion-Dollar Brand.

Other tennis superstars have built sponsorship empires. But none ever wooed the corporate class as brilliantly as Federer.

#advertising-and-marketing, #content-type-personal-profile, #federer-roger, #finances, #nike-inc, #tennis

How to Make a Neighborhood Farm for an Entire Metropolis

A program being started in Atlanta helps midsize farmers buy their own land while providing much-needed fresh food to urban consumers.

#agriculture-and-farming, #atlanta-ga, #chicago-ill, #emory-university, #finances, #food, #land-use-policies, #small-business, #urban-areas, #working-farms-fund

Rory McIlroy Has a Long Game

He has won four majors, but with his investment fund he’s preparing for a life without golf.

#british-open-golf, #england, #finances, #golf, #mcilroy-rory, #professional-golfers-assn, #royal-st-georges-golf-club

No End to Whiplash in Meme Stocks, Crypto and More

With the pandemic starting to ease in the United States, many had expected a year of wild investments to slow. It hasn’t. Yet.

#amc-entertainment-holding-inc, #bitcoin-currency, #computers-and-the-internet, #dogecoin-project, #finances, #musk-elon, #nonfungible-tokens-nfts, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #social-media, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #virtual-currency

As Money Launderers Buy Dalís, U.S. Looks at Lifting the Veil on Art Sales

Secrecy has long been part of the art market’s mystique, but now lawmakers say they fear it fosters abuses and should be addressed.

#art, #art-dealers-assn-of-america, #auctions, #bouvier-yves, #dali-salvador, #finances, #financial-crimes-enforcement-network-treasury-department, #great-britain, #money-laundering, #philadelphia-pa, #rybolovlev-dmitry-evgenevich, #senate-permanent-subcommittee-on-investigations, #tax-shelters, #united-states-politics-and-government

Hit Hard by Pandemic, Philadelphia Orchestra and Kimmel Center to Merge

By joining forces, the two institutions hope to bounce back from the severe losses brought by the coronavirus.

#classical-music, #coronavirus-2019-ncov, #coronavirus-reopenings, #finances, #kimmel-center-for-the-performing-arts-philadelphia-pa, #mergers-acquisitions-and-divestitures, #philadelphia-pa, #philadelphia-orchestra, #philadelphia-orchestra-and-the-kimmel-center-inc, #theaters-buildings

MacKenzie Scott Announces $2.74 Billion in New Grants

Ms. Scott’s wealth has continued to grow thanks to Amazon’s soaring stock price. Forbes estimates her net worth at roughly $60 billion.

#amazon-com-inc, #bezos-jeffrey-p, #finances, #high-net-worth-individuals, #nonprofit-organizations, #philanthropy, #scott-mackenzie

FEMA Disaster Aid Often Widens Racial Disparities

The federal government often gives less help to Black disaster survivors than their white neighbors. That’s a challenge for President Biden, who has vowed to fight both inequality and climate change.

#black-people, #disasters-and-emergencies, #discrimination, #federal-emergency-management-agency, #finances, #global-warming, #greenhouse-gas-emissions, #hurricanes-and-tropical-storms, #income-inequality, #lake-charles-la, #race-and-ethnicity, #real-estate-and-housing-residential, #research, #whites

National Endowment for the Arts Funding Would Rise Under Biden Plan

The president’ calls for a 20 percent increase in the national arts budget, a departure from the Trump administration’s efforts to eliminate the agency.

#american-alliance-of-museums, #biden-joseph-r-jr, #culture-arts, #federal-budget-us, #finances, #national-endowment-for-the-arts, #trump-donald-j

Judge Clears Purdue Pharma’s Restructuring Plan for Vote by Thousands of Claimants

The ruling was a milestone in yearslong efforts to make the OxyContin manufacturer pay for its role in the opioid crisis, but some plaintiffs feel the plan doesn’t go far enough.

#bankruptcies, #drain-robert-d, #drug-abuse-and-traffic, #finances, #oxycontin-drug, #purdue-pharma, #sackler-family, #suits-and-litigation-civil, #your-feed-science

10 Ways for Museums to Survive and Thrive in a Post-Covid World

That the pandemic did damage to museums is unquestioned but their resilience has been remarkable.

#art, #budgets-and-budgeting, #coronavirus-2019-ncov, #finances, #museums

Zwirner May Disrupt Art Gallery Model With Click-to-Buy Business

Platform, which debuts Thursday, will sell 100 works of art a month online through smaller galleries, for $2,500 to $50,000.

#art, #collectors-and-collections, #computers-and-the-internet, #e-commerce, #finances, #silverman-jessica-gallery-owner, #zwirner-david

Donations to India Get Blocked by Modi’s Tough New Rules

International donors are raising millions, but the Modi administration has erected hurdles for overseas organizations and guided money toward officially endorsed groups.

#coronavirus-2019-ncov, #finances, #foreign-aid, #india, #international-relations, #modi-narendra, #philanthropy, #politics-and-government

David Swensen, Who Revolutionized Endowment Investing, Dies at 67

At Yale, a colleague said, he showed “there was a way to compete hard and well in financial markets, but to have our lives be about something that mattered more.”

#colleges-and-universities, #deaths-obituaries, #economic-recovery-advisory-board, #endowments, #finances, #financial-aid-education, #swensen-david-f, #yale-university

Eli Broad, Who Helped Reshape Los Angeles, Dies at 87

The businessman, who made a fortune in home-building and insurance, spent lavishly to try to make the city a cultural capital.

#art, #broad-eli, #deaths-obituaries, #finances, #los-angeles-calif, #museums, #philanthropy

Rising Debt, Falling Income: How to Dig Out

More Americans over age 55 are carrying debt loads, and their nonmortgage debt grew significantly during the pandemic.

#content-type-service, #credit-and-debt, #credit-cards, #elderly, #finances, #personal-bankruptcies, #personal-finances, #quarantine-life-and-culture, #retirement

A Pandemic Opportunity: Geffen Hall’s Overhaul Accelerates

Dark since March 2020, the New York Philharmonic’s home will reopen in fall 2022, a year and a half ahead of schedule.

#borda-deborah, #classical-music, #coronavirus-reopenings, #finances, #geffen-david, #geffen-david-hall-manhattan-ny, #lincoln-center-for-the-performing-arts, #new-york-philharmonic, #restoration-and-renovation, #timms-henry

Child Care in Crisis: Can Biden’s Plan Save It?

Child-care centers improvised during the pandemic, scrambling to stay open with razor-thin budgets and little government guidance. How long will the short-term solutions last?

#acca-child-development-center-annandale-va, #california, #child-care, #children-and-childhood, #coronavirus-2019-ncov, #finances, #gender, #kinder-kare-michigan-child-care-centers-inc, #labor-and-jobs, #michigan, #ohana-family-child-care-vista-calif, #ohio, #rockport-early-childhood-center-rocky-river-ohio, #small-business, #united-states, #virginia, #women-and-girls

As NFTs Soar, Experts Warn of an Unsustainable Bubble

As the prices of blockchain-secured works skyrocket and speculators swoop, experts are warning of an unsustainable bubble.

#art, #auctions, #blockchain-technology, #christies, #collectors-and-collections, #ethereum-foundation, #finances, #hirst-damien, #metakovan-entrepreneur, #nonfungible-tokens-nfts, #rogoff-kenneth-s, #virtual-currency, #winkelmann-mike-beeple

Leon Black to Step Down as MoMA Chairman

In the wake of protests from artists and activists over his ties to the convicted sex offender Jeffrey Epstein, the investor agreed not to stand for re-election in June.

#ai-weiwei, #apollo-global-management, #appointments-and-executive-changes, #art, #black-leon-d, #dechert-llp, #epstein-jeffrey-e-1953, #finances, #human-trafficking, #lowry-glenn-d, #museum-of-modern-art, #museums, #sex-crimes

As Coronavirus Hits Vatican Revenue, Pope Cuts Pay for High-Ranking Clerics

The Vatican has been hit hard by the economic impact of the pandemic, prompting Francis to impose pay cuts on cardinals and others so lower-ranking employees can keep their jobs.

#coronavirus-2019-ncov, #finances, #francis, #priests, #vatican-city, #wages-and-salaries

Basquiat Sells for $41.9 Million at Christie’s in Hong Kong

“Warrior,” a 1982 painting by Jean-Michel Basquiat, leads a week of 20th and 21st century livestreamed auctions at Christie’s and Sotheby’s.

#art, #auctions, #basquiat-jean-michel, #christies, #finances, #hong-kong, #rosen-aby-j

Inter Milan Is Threatened by Challenges at Suning, Its Chinese Owner

Inter Milan’s Chinese owners spent heavily on big stars, and now it is winning again. But the bill is coming due, putting the team’s future in doubt.

#china, #finances, #inter-milan-soccer-team, #milan-italy, #politics-and-government, #soccer, #suning-appliance-co-ltd, #zhang-jindong

A Love Letter to My Accountant

My relationship with him is the most positive one I’ve ever had with a man over money.

#accounting-and-accountants, #art, #black-people, #content-type-service, #coronavirus-2019-ncov, #federal-taxes-us, #finances, #quarantine-life-and-culture, #tax-preparers-and-preparation, #writing-and-writers

Boy Scouts Will Sell Nearly 60 Norman Rockwell Works to Pay Sex-Abuse Claims

The Boy Scouts of America, which is facing more than 82,000 sex-abuse claims, said in a court filing that it would establish a settlement fund of at least $300 million.

#art, #auctions, #boy-scouts, #collectors-and-collections, #finances, #museums, #rockwell-norman, #sex-crimes, #suits-and-litigation-civil

China’s Retirement Home Industry is Plagued by Ponzi Schemes

Rooms and beds for retirees are in short supply as the population ages, leaving many vulnerable to companies pitching risky investments.

#china, #elder-care, #elderly, #families-and-family-life, #finances, #frauds-and-swindling, #nursing-homes, #population, #real-estate-and-housing-residential, #retirement-communities-and-assisted-living

New York City’s Arts and Recreation Employment Down 66%, Report Says

The New York State comptroller’s office details the effects of the pandemic’s devastation and says a full recovery would be made only with government assistance.

#coronavirus-reopenings, #culture-arts, #dancing, #dinapoli-thomas-p, #finances, #labor-and-jobs, #museums, #music, #new-york-city, #new-york-state, #politics-and-government, #quarantine-life-and-culture, #shutdowns-institutional, #theater, #theaters-buildings, #wages-and-salaries

A Donor’s Ties to Epstein Are Criticized at MoMA and Dartmouth

Ai Weiwei and other artists say the investor Leon Black should step down as MoMA’s chairman amid revelations that he paid $158 million to Jeffrey Epstein.

#ai-weiwei, #apollo-global-management, #art, #black-leon-d, #dartmouth-college, #epstein-jeffrey-e-1953, #finances, #goldin-nan, #human-trafficking, #lowry-glenn-d, #museum-of-modern-art, #museums, #nonprofit-organizations, #philanthropy, #quarantine-life-and-culture, #sex-crimes, #steyerl-hito-1966

Second City Is Sold to Private Equity Group

The comedy company has faced intense criticism over race and had committed to restructuring. The new owner, ZMC, said it would not abandon this plan.

#appointments-and-executive-changes, #black-people, #comedy-and-humor, #finances, #johnston-steve-entertainment-executive, #mergers-acquisitions-and-divestitures, #quarantine-life-and-culture, #second-city, #zelnick-strauss, #zelnickmedia-corp-zmc

Closed Nearly a Year, Empty Museums in Los Angeles Struggle

While many museums around the country have resumed operations, those in Los Angeles remain an exception. They have been shut since March.

#academy-museum-of-motion-pictures, #art, #coronavirus-risks-and-safety-concerns, #finances, #govan-michael, #hammer-museum, #los-angeles-calif, #los-angeles-county-museum-of-art, #museums, #quarantine-life-and-culture, #san-francisco-museum-of-modern-art

Facing Deficit, Met Considers Selling Art to Help Pay the Bills

Like many museums, the Met is looking to take advantage of a relaxation of the rules governing art sales to care for collections.

#art, #auctions, #coronavirus-2019-ncov, #finances, #hollein-max, #metropolitan-museum-of-art, #museums

Everything’s a Joke Until It’s Not

Reddit communities grow powerful in plain sight. Why do they keep taking the world by surprise?

#4chan, #finances, #gamestop-corporation, #reddit-inc, #stocks-and-bonds

Taking GameStop ‘To the Moon’: Reddit vs. the Elites

This insurgency against the hedge funds isn’t an unequivocal populist win. For some, the point and the money already made is victory enough.

#crowdsourcing-internet, #finances, #gamestop-corporation, #united-states-politics-and-government