When a spouse dies, women (and it’s usually women) are often faced with a daunting list of financial chores that they’ve never tackled before. Here’s how to cope. Source: NYT > Business – SUSAN B. GARLAND
Book Entry: Review: How to Address Social Immobility? ‘The Human Network’ Offers a Road Map
The United States ranks toward the bottom of social mobility. Professor Matthew O. Jackson’s new book shows why proposals to reduce inequality won’t solve the problem of mobility. Source: NYT > Business – JONATHAN A. KNEE
Wealth Matters: The Teddy Bear Test, and Other Ways to Pass a State Tax Audit
Wealthy people with multiple homes may try to establish residency in lower-tax states to reduce their bill. Advisers say it’s a complicated task. Source: NYT > Business – PAUL SULLIVAN
Income Before: $18,000. After: $85,000. Does Tiny Nonprofit Hold a Key to the Middle Class?
Pursuit, a nonprofit jobs training program in Queens, is finding success at moving low-income New Yorkers into well-paying jobs. Source: NYT > Business – STEVE LOHR
Your Money Adviser: Those Credit Card Bonuses May Be Taxable
If you get cash back from a card in exchange for purchase, that’s generally not taxable. But, experts say, a bonus for referring a friend probably is. Source: NYT > Business – ANN CARRNS
Tech Is Splitting the U.S. Work Force in Two
A small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. Source: NYT > Business