Getty Getty Faced with increased scrutiny from the Department of Labor about lackluster efforts to find missing retirement plan participants, employers are asking for permission to send uncashed pension checks—money that belongs to former workers–to state unclaimed property funds. “It’s unbelievable, but everybody has that story of a beneficiary who is sitting on a check
Month: June 2019
MoMo Productions | Getty Images When Laika Kayani started to lose her voice late one night last year, she picked up her iPhone and got connected to a doctor through a video-chat service called American Well. Kayani, who works at a health-tech company in San Francisco, used the app because her young son and husband
President Donald Trump has railed repeatedly about the Federal Reserve’s “quantitative tightening” and the impact it has had on economic growth during his administration. The program will be over soon, which may not bring as much relief as Trump thinks. One reason the president may not want to get his hopes up too much is
“It’s a taboo topic,” said Cameron Huddleston, a personal finance journalist and author of “Mom and Dad, We Need to Talk. “ Huddleston was not referring to sex, as you might expect, but rather the other issue families avoid all too often – money. From wills to life insurance, the longer you wait, the trickier
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Beauty company Coty is by far the best-performing stock in the S&P 500 so far this year. Shares of the cosmetics distributor are up more than 100% in 2019, while the S&P 500
Cynthia and Alex are parents to a 6-year-old son, Jake. “It was a dream come true,” Alex said, of becoming a dad. But for the high school sweethearts, conceiving a child was only possible with in vitro fertilization, which was covered by Cynthia’s insurance through her employer. They have what’s called “unexplained infertility.” Cynthia then
“Zero inventory” has been mostly unobtainable for manufacturers. But cutting-edge 3D printing technology is giving managers renewed hope. Carbon announced Tuesday it raised $260 million in growth funding. This San Francisco company is developing a platform executives claim will bring 3D printing to high-volume production. Selective laser melting, direct metal laser sintering, 3d printing, industry 4.0 Getty
The Thomas Hughes Library looks todays as it did when it was constructed in 1882. Historic Rugby A cluster of Victorian English houses is an unexpected sight along a rural two-lane Tennessee road. With gingerbread and gables, they look like imports from a Charles Dickens novel. In fact, Rugby was as unexpected a Tennessee town
By Dean Hedeker, Next Avenue Contributor For people nearing retirement or in retirement, every dollar counts and planning ahead is paramount. That’s especially true for taxes. Now that 2018 tax returns are behind us, this is an opportune time to look for 2019 tax savings strategies for retirement. Here are two ways to do it: Use
A Boeing 737 MAX 8 airplane Stephen Brashear | Getty Images Boeing’s 737 Max could stay on the ground until late this year after a new problem emerged with the plane’s in-flight control chip, according to a Boeing official. This latest holdup in the plane’s troubled re-certification process has to do with a chip failure
A man walks past Deutsche Bank offices. Luke MacGregor | Reuters Deutsche Bank is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions. The layoffs would probably take place over more than a year and would
Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Friday: Goldman Sachs upgraded Procter & Gamble to ‘buy’ from ‘neutral’ Goldman Sachs upgraded the stock on expectations of stronger margins and profit growth. “This past year has marked
The gig economy is transforming the way people work, travel and buy products. Some of the companies behind these trends are household names. Shopify is not one of those, but the tiny Canadian company is winning at ecommerce. Managers unveiled a slew of new products and services last Wednesday. Shopify Inc. CEO Tobias Lutke and wife Fiona McKean,
Waterfront restaurants, condos and boat slips in Delray Beach, Florida. RM Getty The once sleepy town of Delray Beach, Florida about 50 miles north of Miami was a community people often moved to because glitzy neighboring Boca Raton’s was too pricey. Today Delray Beach is in-demand with a growing population of about 70,000. Over the last
Getty Chances are that you filed your federal income tax return electronically this year: the Internal Revenue Service (IRS) estimates that nearly nine in ten individual taxpayers e-filed their tax returns in 2019. That was just one of the findings reported by the Electronic Tax Administration Advisory Committee (ETAAC) in its 2019 Annual Report to
Source: Marvel On Friday, Disney made one final push to make “Avengers: Endgame” the highest-grossing film of all time. Marvel Studios began showing a new theatrical release of the film with a special tribute, a deleted scene and a teaser for “Spider-Man: Far From Home” at the end of the credits. This additional content is
David Marcus, vice president of messaging products for Facebook Inc., speaks during a Bloomberg Television interview on the sidelines of the Wall Street Journal D.Live global technology conference in Laguna Beach, California, U.S., on Wednesday, Oct. 18, 2017. Patrick T. Fallon | Bloomberg | Getty Images David Marcus, the Facebook exec who helped hatch its Libra
Sir Jonathan ‘Jony’ Ive. David Livingston | Getty Images Apple’s longtime design leader Sir Jonathan “Jony” Ive will leave the company later this year, a development that came as little surprise to Wall Street analysts but as a drag on the company’s stock nonetheless. Shares of Apple slipped 0.6% in premarket trading from Thursday’s close
You’re working as hard as you can, living the only life that seems possible, but that should not mean just keeping afloat. Yet who has time to make budgets and figure out financial planning? Well, if you don’t want to work forever, it is a worthwhile investment to spend some time learning some money basics.
ASSOCIATED PRESS In the South China Sea, Philippines President Rodrigo Duterte must do the right thing: stand up to China, protect the interests, the resources, and the lives of the Filipino people from China’s aggression; the same way the Indonesian and the Vietnamese leaders did for their own people. And that could ease geopolitical risks,
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