Retailers are offering significant discounts on a variety of products this week, including electronics and appliances, coinciding with Presidents Day, according to The Verge. Meanwhile, rising coffee prices are causing some Americans to change their daily routines, and the ultrawealthy continue to employ strategies to minimize estate taxes, as reported by Fortune.
Presidents Day deals are expected to be strong across various categories, including earbuds, speakers, TVs, and smart home tech, according to The Verge. The publication noted that discounts have been relatively sparse since the holidays, but February is seeing a resurgence of deals.
Simultaneously, some Americans are rethinking their coffee consumption habits due to increasing prices. Coffee prices in the U.S. were up 18.3% in January compared to the previous year, according to the latest Consumer Price Index released on Friday, as reported by Fortune. Chandra Donelson, a 35-year-old from Washington, D.C., gave up her daily coffee routine due to the rising costs. "I did that daily for years. I loved it. That was just my routine," she said.
In other financial news, the ultrawealthy are employing strategies to minimize estate taxes. According to Fortune, the rich utilize tactics to expedite payouts to heirs and avoid handing money to the government. Mark Bosler, an estate planning attorney in Troy, Michigan, and legal advisor to Real Estate Bees, stated that this is "a strategic game of chess played over decades."
In other news, a review of Amazon's laptop offerings revealed concerns about the quality of some products. According to Wired, the author, who tests and reviews laptops, found many "crappy" options on Amazon that consumers should avoid. The author noted that better alternatives often exist at the same price point.
Finally, historical records from the US Forest Service are now available. Hacker News reported on the US Forest Service Diaries, which document the daily work of Reuben P. Box, a US Forest Service Ranger, from 1927 to 1945. The diaries cover forest management, fire suppression, law enforcement, road construction, and daily life in the northern California mountains.
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