A man uses a credit card to pay for gas in Miami, Florida. Getty Images America is a nation of contrasts, and credit card debt is no exception. With unemployment at a 50-year low and the stock market hitting record highs, confident consumers are spending with abandon, adding a projected $80 billion in U.S. credit
Month: December 2019
The biggest legislative changes to America’s retirement system in 13 years are on their way. On Thursday, the U.S. Senate approved a spending bill that includes the bipartisan Secure Act, which aims to increase the ranks of retirement savers and the amount they put away. The measure — which passed the House earlier this week
Getty Imagine, you’re ready to transition into retirement, financially secure, barely having planned for it. Is that even possible without winning the lottery, receiving a large inheritance or having an old-fashioned pension plan? As more employers add automatic features to their 401(k) retirement plans, one day this could be possible. Some pieces of the puzzle
Getty Lying about your income is Tax Fraud 101. You’d expect taxpayers to understate their income to avoid paying tax, but a surprising number of taxpayers inflate their income to obtain fraudulent refunds. Typically, those schemes focus on refundable tax credits, which can garner tens of thousands of dollars in refunds. But what happens when
Aerial view of the urban skyline of Los Angeles, California, October 28, 2019. (Photo by Smith … [+] Collection/Gado/Getty Images) Getty Images If expert predictions for the 2020 housing market come true, homeowners shouldn’t expect to enjoy the crazy price run-ups of a market boom, but they likely won’t face a devastating recession or crash,
Exterior of a redesigned Chipotle restaurant Source: Chipotle Mexican Grill Chipotle Mexican Grill announced Thursday that it is testing a different design for its restaurants as its digital business keeps growing. Restaurants in Chicago, Cincinnati, Phoenix, Newport Beach and San Diego will be part of the test. Both new and existing locations will be involved
In the Pinnacle Foods deal, Conagra gained brands such as Birds Eye, Hungry-Man, Aunt Jemima Frozen Breakfast, and Armour brand frozen foods. Daniel Acker | Bloomberg | Getty Images Conagra Brands topped Wall Street quarterly sales and profit estimates on Thursday, helped by strong demand for the Slim Jim maker’s snacks and frozen foods, sending
Secretary of the Treasury Steven Mnuchin speaks in the briefing room of the White House in Washington, DC, on October 11, 2019. Nicholas Kamm | AFP | Getty Images U.S. Treasury Secretary Steven Mnuchin said the new North American Free Trade Agreement will give the U.S economy a boost. “I think we are going to
We sat down with Art Cashin, managing director of UBS Financial Services who’s patrolled the floor of the New York Stock Exchange for more than fifty years, at Bobby Van’s Steakhouse to chat about what’s ahead in 2020. Here are three predictions the veteran Wall Street trader offered for 2020: Prediction one: Despite a still
If you’re hoping to snag the best-available terms on a loan, standard guidance about credit card usage could end up interfering with your plans. The common advice is to keep revolving debt below 30% of your available credit so your so-called utilization rate doesn’t hurt your credit score. Yet experts say your FICO score —
Getty This is part one of a two part series on expatriating to save taxes. The other day I got a call from a client who was concerned about the threat of tax increases if Democrats win the presidency and a Senate majority in 2020. He was particularly worried about the wealth tax proposed by
Apple’s 133-acre Texas campus will host 5,000 employees when it opens in 2022. It has the capacity … [+] to eventually hold three times that. Courtesy Apple Texas reclaimed the number two spot in Forbes’ Best States for Business ranking this year thanks to the best growth prospects in the country and a little help
Getty North Carolina leads Forbes’ Best States for Business list for the third year running, but Texas is giving the Tar Heels some competition. Our 14th annual ranking is based on measures of six categories relevant to businesses: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. We factor in 40
Stephen Curry #30 of the Golden State Warriors handles the ball against the Los Angeles Lakers during a pre-season game on October 18, 2019 at Chase Center in San Francisco, California. Noah Graham National Basketball Association star Stephen Curry said basketball remains an important vehicle for sparking conversation and driving progress, even as the league
Blend Images – Jade | Getty Images An increase in spending by “young free spenders” in China are helping the local fitness industry, according to McKinsey’s bi-annual survey of the consumer released Thursday. Despite U.S.-China trade tensions and a slowdown in domestic economic growth, these so-called young free spenders “have significantly boosted their purchases” from
Reed Hastings, chief executive officer of Netflix Patrick T. Fallon | Bloomberg | Getty Images A small but significant group of Netflix and Disney+ users have told Bank of America they expect to cancel their Netflix subscriptions, rekindling concerns that new combatants in Wall Street’s “Streaming Wars” could hamstring current players. The bank’s survey of
Wong Sze Fei / EyeEm The new year is fast approaching, and building an emergency fund for unexpected expenses should be at the top of your financial to-do list for 2020. Having fast cash at the ready for emergency situations — be it a surprise medical bill, necessary home repair, job loss or even a
By Liz Seegert, Next Avenue Contributor Getty Images Pete Buttigieg has a plan to help those in need of long-term care. A really ambitious plan. The South Bend, Ind., mayor and 2020 Democratic presidential hopeful recently released his Dignity and Security in Retirement proposal, part of his campaign’s efforts to address the very real and
Share to facebook Share to twitter Share to linkedin As it stands, it’s a complete “nonevent” for the market. Spencer Platt/Getty Images Topline: With the House of Representatives expected to vote in favor of impeaching President Donald Trump on Wednesday evening, the stock market has largely trended flat, with little movement to either the upside
Student loan company SoFi recently found that 61% of millennials said they have delayed buying a … [+] home because of their student loan debt. Getty More than 44 million Americans hold nearly $1.5 trillion in student debt, and that debt is affecting the decision of millennials to buy homes. Student loan company SoFi recently
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 34
- Next Page »