Month: December 2019

null Getty Most of the talk about a retirement crisis in America deals with a shortfall in retirement savings. But what’s not talked about as much — but ought to be — is the growing amount of debt that many people in retirement have, particularly compared to retirees in the past. That’s the topic of
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A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the
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Shares of Agilent Technologies gained more than 3% in after-hours trading on Monday after hedge fund investor Bill Ackman revealed he has taken a stake in the lab testing equipment maker. A regulatory filing showed Ackman’s hedge fund, Pershing Square Capital, owns more than 2.9 million Agilent shares, bringing his stake to around $246 million. 
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In the run-up to the 2008 Financial Crisis, and in assessing its aftermath, I posited that homeownership limited the mobility of human capital to the detriment of both the economic recovery and the financial wherewithal of homeowners with non-performing mortgages. With housing values underwater in many markets, and deeply underwater in ‘the sand states’ (as
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Jordan Siemens | Getty Images When Tara Unverzagt started her own financial planning firm, South Bay Financial Partners, in 2014, she already had a head start. That’s because Unverzagt’s mother, Janet Tussing — one of the first female certified financial planners — was retiring and passed along her book of business. Those clients ranged from
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