Month: October 2019

Demonstrators against the Republican tax reform bill November 30, 2017. (SAUL LOEB/AFP/Getty Images) AFP/Getty Images Economists Emmanuel Saez and Gabriel Zucman of the University of California at Berkeley have a new book that has generated an enormous amount of attention. One key conclusion: The richest 400 families in the US paid an average effective tax
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It’s hard to save money these days. Interest rates are really low, which is great if you’re borrowing to buy a house or a car, but not ideal if you’re looking to save. The interest rate for the typical U.S. savings account is .09%, for example. But, a group of tech companies, including Credit Karma,
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CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois Getty Images Yesterday, Illinois Gov. JB Pritzker’s task force released its report proposing consolidation of the
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Fidelity Investments has joined its rivals by offering zero-commission online trades, but it’s trying to differentiate itself by not selling the right to execute trades to third-party firms, brokerage executive Kathleen Murphy told CNBC on Friday. “We do not take payment-for-order-flow on equity orders,” said Murphy, president of Fidelity’s personal investing business. “Many competitors do
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Russ Kliman Every fall, I attend the Finovate conference in New York City, where dozens of fintech entrepreneurs from around the world present apps and services they’re rolling out for consumers and financial institutions. In recent years, I’ve been disappointed by how little I’ve seen for people 50+; nearly all the consumer presentations were aimed
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