Editorial Staff
The Money Desk covers personal finance, tax and investing for New Yorkers, with an emphasis on the city and state rules that national coverage leaves out. Reporting under this byline is produced by the editorial staff of Manhattan Standard. It is information, not financial or tax advice.
The SEC's Regulation Crypto Assets proposal sets $5 million and $75 million offering exemptions, a conditional safe harbor and state preemption. Comments close October 20.
EU trade commissioner Maroš Šefčovič meets China in Beijing on October 8, seeking assurances on rare-earth supply. Ursula von der Leyen has said the EU will retaliate if China misses its October deadline.
C.H. Robinson to acquire RXO for $5.8 billion. How the deal consolidates freight brokerages, finances through Morgan Stanley bridge, and targets $300 million in synergies.
Giorgio Armani's will mandates selling a 15% stake, with LVMH, L'Oréal and EssilorLuxottica named as preferred buyers.
A settlement between Paramount Skydance and 12 states requires theatrical film production commitments, a worker fund, and editorial oversight for CNN and CBS.
Private equity and hedge fund managers receive a profit share taxed as capital gains, not wages, creating a 13-percentage-point tax advantage that reform efforts have repeatedly failed to close.
By retaining control through an IPO instead of an outright sale, Citigroup frees capital for buybacks while gradually exiting a consumer banking market that no longer fits its strategy.
Nearly half of family offices increased public equity allocations in 2026, seeking liquidity and quality.
The strategy that exploits tiny price gaps between Treasury bonds and futures has surged to become a cornerstone of the market—and a growing concern for regulators watching leverage and systemic risk.
New York City income tax follows residency, not simply the location of an office. The difficult cases turn on domicile, a permanent place of abode and meticulous day counting.
A 30-day window makes it easy to disqualify a loss. Knowing the rule keeps your tax deductions intact.
Self-employed New Yorkers must pay income tax in four installments rather than once a year. Payments follow specific rules to avoid penalties.
Buy now, pay later services carry interest up to 36.99%, and now affect credit scores. Here's what New York shoppers actually pay.
Rising interest rates create immediate losses for bond holders. Understanding how duration measures this risk helps New York investors adjust their portfolios for current market conditions.
A 2026 tax law change doubled how fast the AMT exemption disappears, pulling more high earners into a parallel tax system that disallows state and local tax deductions.
Renters insurance protects your belongings and liability. An emergency fund covers unexpected costs your insurance won't. Here's how to use both.
Selling losing investments for tax deductions requires understanding the 30-day window that blocks claiming losses if you buy back similar securities.
New York regulators have proposed rules to align the state's stablecoin oversight with the federal GENIUS Act, adding reserve limits and risk controls.
RSUs, options and the allocation rules that catch people who earned equity here and vested it somewhere else.
Four separate layers apply to the same dollar. Understanding how they stack explains why the headline salary and the deposit feel unrelated.
New York City residents pay a city income tax on top of state tax. Most national calculators ignore it, which is why their numbers are wrong.
A fraction of a percent, compounded across a working life, is not a rounding error.
Tracking an index sounds mechanical. The decisions inside it are where funds differ.
The decisions that matter are made before the decline, because judgement is worst during one.
The standard advice assumes a standard cost base. New York is not one.
The deductions between gross and net include several that only New Yorkers pay.
The contents are the least valuable part of the policy.
Two separate tests, and the second one catches people who believe they moved away.
A federal limit with a disproportionate effect in high-tax, high-property-value states.
An audit is a documentation exercise. The outcome usually turns on records made years earlier.
Two advisers with similar titles can operate under materially different obligations to you.
Trusts solve specific problems. They are frequently sold as solving general ones.
Employees at successful companies often hold a position no adviser would ever recommend building.
The state licenses virtual-currency business more tightly than any other. What triggers the requirement, what applicants must show the Department of Financial Services, and why some services still skip New York.
Treated as property, which means ordinary transactions create taxable events people do not expect.
Custody is the question that determines what happens if the business fails.