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Jewish Journal

Tag: Finance

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  • Did you transact your business honestly?

    March 14, 2012 | 5:48 pm

    “When a person is led in for judgment [in the next world], God asks: ‘Did you transact your business honestly? Did you fix times for the study of the Torah? Did you fulfill your duty to establish a family?’ ”
    —Rava (Babylonian Talmud, Shabbat 31a)

    The very first question that God...

  • How to get paid what you want

    February 16, 2012 | 12:22 pm

    Whether you’re looking for a new job or are a recent graduate, you might be so thrilled to get a job offer — any offer — that you settle for less than you should.  Here are five strategies to get paid what you really want:

    Tip 1: Don’t provide salary history. Keep your...

  • The high cost of how women relate to money

    February 16, 2012 | 11:46 am

    There are a number of topics society has told us we aren’t supposed to discuss in mixed company. Religion, for example, has long been a forbidden subject between people of different faiths. Politics is mostly swept under the rug among people of different parties. Money, something...

  • Insights for investors from one who knows firsthand

    January 18, 2012 | 5:06 pm

    Rebecca Rothstein, a managing director at Morgan Stanley Smith Barney in Beverly Hills, focuses on helping high net worth and ultra-high net worth investors with estate, tax and financial planning. But she hasn’t always been a Barron’s top 100 financial advisor. A high-school...

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  • Can Reform Jews be politically conservative? Yes, say the ‘1 percent’

    December 19, 2011 | 3:56 pm

    It’s not easy being a political conservative in the most liberal of Jewish religious denominations.

    Just ask the 40 or so people among the more than 5,000 attendees at last week’s biennial conference of the Union for Reform Judaism who showed up for a session on political...

  • Police and Los Angeles protesters skirmish, eviction delayed

    November 28, 2011 | 11:42 am

    Police in riot gear held back on clearing out anti-Wall Street protesters who defied a deadline to abandon their 8-week-old encampment outside Los Angeles City Hall on Monday but opened streets for morning commuters before pulling back.

    About 2,000 demonstrators remained at the Los...

  • Social service agencies facing more complex needs

    By Julie Gruenbaum Fax

    November 22, 2011 | 4:17 pm

    Two years ago, I did a series of interviews with Jewish community members hit hard by the recession. At that time, they were mostly optimistic that things would turn around soon, but when I checked back this month, I found that they’re all still struggling to find their footing in...

  • Buffett points the way

    November 17, 2011 | 11:21 am

    Warren E. Buffett is the second-richest person in the United States (after Microsoft’s Bill Gates), so when he purchased an Israeli-based stock not long ago, investors throughout the world sat up and took notice. What made it more newsworthy is that it was Buffett’s first major...

  • Israel Bonds now available online

    October 5, 2011 | 12:14 pm

    Israel Bonds, which many synagogues pitch during the High Holidays, can now be purchased online.

    The Development Corporation for Israel/State of Israel Bonds has launched an e-commerce site that its board chairman, Richard Hirsch, lauded for its functionality and expediency.

    “Supporting Israel by investing in Israel Bonds has never been easier,” Hirsch said in Tuesday’s announcement of the site.

    The site also can generate gift cards.

  • Israel’s economic freedom ranking falls slightly

    September 20, 2011 | 11:31 am

    Israel ranks 83rd in the world in economic freedom, down two spots from last year, according to a new report.

    The Economic Freedom of the World Annual report issued Tuesday was based on data from 2009. Israel has now dropped 35 spots since 2005, according to the Jerusalem Institute...

  • Putting the ‘Pop’ back into soda pop

    March 23, 2011 | 12:01 pm

    At the dawn of the 20th century, the British royals were privy to a spiffy new system for infusing drinking water with carbon dioxide bubbles. It would take 53 years for SodaStream to reach commoners, and another 42 until it was acquired by an Israeli distributor and transformed into...

  • Stanley Black: Businessman, philanthropist, collector

    By Jonah Lowenfeld

    March 8, 2011 | 3:37 pm

    Moses may have brought the Ten Commandments down from Mount Sinai, but he only gave the Israelites one copy — and those stone tablets weren’t easy to lug around.

    Real estate businessman and philanthropist Stanley Black, on the other hand, has probably distributed hundreds of...

  • When good deals go bad

    March 8, 2011 | 3:36 pm

    So your good deal has gone bad. Perhaps your house is underwater. Maybe that great job, with the promise of valuable stock options, not only has not produced options “in the money,” but has itself disappeared. It could be that your business, once lucrative and full of promise,...

  • Balancing the budget: Making the weak pay

    March 1, 2011 | 6:43 pm

    Sylvia Mnuchen has spent her life fighting.

    First it was cancer that attacked her skin, then her breast. More recently it has been an ailment that has kept her in a wheelchair, her feet swollen, her legs wrapped tight like a mummy.

    But as a loyal Jewish Democrat and longtime...

  • Understanding Shariah finance and Islamic banking in American finance

    February 23, 2011 | 1:12 pm

    The Middle East, with its exotic tropical sirocco winds, is also now the haven and leader of a new form of finance that is enticing the world with the alluring scent of its petrodollars. Substantial profits are to be made, and gold plated Bentleys, mansions on the Palm Jumerah...

  • Israeli economy surprises with pace of growth

    August 17, 2010 | 11:04 am

    Israeli economic growth unexpectedly accelerated to its fastest pace in more than two years.

    Exports and consumer spending increased, helping to sending up growth in the second quarter by an annualized 4.7 percent, Bloomberg reported.

    The expansion rate rose from a revised 3.6...

  • How to save on wedding costs without sacrificing

    December 12, 2008 | 1:47 am

    Several years ago, a character on my favorite television show expounded on the cost of modern weddings, finishing up his tirade with, "And the next morning, you wake up and realize that for the same price as the down payment on a house you're married to that."

    The average wedding...
  • Post-war belt-tightening: Israel could cut Falash Mura dreams in half

    By Uriel Heilman

    September 14, 2006 | 8:00 pm

    Israel's Finance Ministry is proposing substantial cuts to Ethiopian immigration next year as part of widespread belt-tightening following Israel's war in Lebanon.
     
    The plan, announced on Sept. 5 as part of Israel's proposed budget for 2007, would halve the number of Ethiopian...
  • Study of UJC Merger Finds Unhappiness

    By Tom Tugend

    February 3, 2005 | 7:00 pm

     

    American Jewish leaders who created the United Jewish Communities (UJC) umbrella organization out of three separate ones in 1999 are largely frustrated and disappointed by the outcome of their labor, with some scoring the missed chance to form a truly representative and...

  • Foundation to Stop Funding Hate Groups

    By Edwin Black

    November 27, 2003 | 7:00 pm

    In a stunning reversal, the Ford Foundation has admitted it erred in funding anti-Israeli Palestinian groups and has vowed to establish tough new guidelines to stop its funds from being used for anti-Semitic action anywhere in the world.

    The foundation said it was "disgusted" by...

  • Money Talks

    By Lilla Zuckerman

    December 26, 2002 | 7:00 pm

    We live in the age of full disclosure. In this era of creepy stalkers, emotional maniacs and frightening venereal diseases, you can't be too careful, so singles have learned to utilize romantic phrases such as, "Have you been tested for AIDS lately?" as casually as one used to...

  • Three JCCs to Gain Their Independence

    By Marc Ballon

    December 26, 2002 | 7:00 pm

    The Jewish Community Centers of Greater Los Angeles (JCCGLA), which last year nearly drowned amid a sea of red ink and allegations of mismanagement, wants to get out of the business of running major community centers after 60 years.

    With pressures mounting to give the centers under...

  • Trading Up

    By Melissa Minkin

    May 16, 2002 | 8:00 pm

    Investment banker Adlai Wertman was fed up with Wall Street -- so he moved to Los Angeles, took an 85 percent pay cut and got a job on Skid Row. Two years later, he says he's never been happier.

    Wertman, 42, is the president and CEO of Chrysalis, a nonprofit organization that helps...

  • Caped Crusaders

    By Ruth Andrew Ellenson

    May 16, 2002 | 8:00 pm

    The $114 million opening weekend for the release of "Spider-Man" on May 3 was not only a box office record breaker but a resounding triumph for two wily Israeli entrepreneurs.

    In his new book, "Comic Wars," journalist Dan Raviv details the dramatic battle of Revlon CEO Ronald...

  • Limiting Soft Money

    By Sharon Samber

    April 5, 2001 | 8:00 pm

    The jury is still out on how the Senate's campaign finance reform bill would change the political influence of the Jewish community, but experts believe Jewish interests will remain well represented no matter what happens.

    After years of protracted arguments, the Senate on Monday set...

  • Time to Buy?

    By Thomas M. Kostigen

    March 15, 2001 | 7:00 pm

    You're rich. You're eyeing that million-dollar dream house. Is now a good time to buy it?

    "Prices are high in certain areas," notes David Diesslin, a certified financial planner who specializes in real estate at his own firm, Diesslin & Associates, in Fort Worth, Texas. Advising...

  • Digital Divide

    By David Wallis

    January 18, 2001 | 7:00 pm

    Though Israel boasts a burgeoning high-tech industry and a predominantly Net-savvy populace, many of the country's charedim (ultra-Orthodox Jews) view technology, especially the World Wide Web, as something of a mixed blessing. Sure, many charedim support their families by writing...

  • A High-Yield Investment

    By Julie G Fax

    December 21, 2000 | 7:00 pm

    It's one of the longest-standing and most futile complaints in synagogue life: Why are they always schnorring for money?



    The answer, of course, is that while synagogues are much more than businesses, they need steady and significant revenue to be able to provide the services that...

  • Violence Harms Israeli Economy

    By Avi Machlis

    December 14, 2000 | 7:00 pm

    With images of violence in the West Bank and Gaza Strip flashing across television screens around the world, it did not take long for Israel's tourism industry to start feeling the pinch.



    Hotel occupancy has plummeted, Ben-Gurion Airport is deserted and taxi drivers and tour...

  • Kosher Boom

    By Julie G Fax

    November 16, 2000 | 7:00 pm

    A Kosher Cup of Joe

    When new Jewish owners took over Coffee Bean and Tea Leaf in 1998, it bothered them to know they were serving non-kosher food to their Jewish customers. So they did the logical thing: They set out to make the entire line of beverages and baked goods served at the...

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