rear view of puzzled man scratching his head against concrete wall filled with question marks Getty I’ve written before that media coverage of retirement issues often, well, stinks. There’s too many click-seeking headlines and not enough deep dives into what’s really going on with retirement savings (which is surprisingly positive). Too many reporters run single-source
Taxpayers in big cities have a heavier debt burden than they know. Getty American taxpayers have a much heavier debt burden than they are aware of. How and when municipalities publish their financial accounts varies greatly throughout the United States. A significant number of U.S. municipalities do not publish all the liabilities that their residents have
“The best model for estate agencies nowadays is an integration of online and the high-street.” Mark Bowden / 123rf When online estate agencies appeared on the property scene around a decade ago, many thought the industry was about to change for good. Promising cut-rate commission and unbeatable speed, the online-only model certainly seemed promising. But
Monday’s market sell-off was inspired by the escalating trade war with China coupled with Friday’s Uber IPO fiasco, CNBC’s Jim Cramer said. “Whenever there’s a huge, highly visible initial public offering that implodes, it discredits the entire asset class,” the “Mad Money” host said. “That’s exactly what happened after the failed Facebook IPO in 2012.
President Donald Trump, U.S. President Donald Trump’s national security adviser John Bolton, U.S. Treasury Secretary Steven Mnuchin attend a working dinner with Chinese President Xi Jinping after the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. Kevin Lemarque | CNBC The United States kicked off the necessary process before Washington can impose tariffs
Owner of the New England Patriots Robert Kraft walks on the field prior to the game against the New Orleans Saints at the Mercedes-Benz Superdome on September 17, 2017 in New Orleans, Louisiana. Chris Graythen | Getty Images Sport | Getty Images A Florida judge on Monday handed New England Patriots owner Robert Kraft a
Getty Images With the stock market roiling amid a wave of new barbs between Washington and Beijing, investors are scrambling to figure out where to put money in times of volatility. History shows gold and bonds outperform when fear spreads on Wall Street. Many on traders and investors believe the selling isn’t over yet. Traders
Two years ago, the Securities Industry and Financial Markets Association conducted a cybersecurity simulation that mimicked a real attack. The test included the participation of more than 50 financial firms, as well as government regulators and SIFMA itself. Now, the industry trade group is preparing for the latest iteration of its test — dubbed Quantum
Your 30s are all about balance. Your career is starting to take off. You’re earning more, but then your expenses are likely be higher. You may be buying a house and starting a family, and neither of those is a cheap undertaking. You need to balance income against expenses, and you need to start adjusting
Howard Adler Kurt S. Adler In the escalating trade war between the U.S. and China, who pays? In a word, my family does. We are leading importers of Christmas decorations and have been in business since 1946. President Donald Trump‘s imposition of a 10% tariff last September on many categories of products we offer has
Layton, Florida, United States – August 14, 2018: View of the United States Post Office sign by the Overseas Highway in Layton, Florida Keys – United States Getty Here’s the background: In the context of the Bernie Sanders/Alexandria Ocasio-Cortez proposal for a cap on interest rates of 15% that garnered attention over the weekend, that
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) on Friday, May 10, 2019. Photographer: Michael Nagle/Bloomberg © 2019 Bloomberg Finance LP After arguing for years that its drivers were not employees, the ride-share company Uber announced
Share to facebook Share to twitter Share to linkedin Gowanus in Brooklyn has seen the highest increase in households earning over $200,000. Getty Out of the country’s 8,700 Opportunity Zones created as part of the 2017 Tax Cuts and Jobs Act, 22 of them have seen the number of households with an income over $200,000 grow by at least ten
A cook at a Chick-fil-A restaurant in New York Michael Nagle | Bloomberg | Getty Images Chick-fil-A’s cow mascots have been saying “eat mor chikin” for nearly 25 years. But the Atlanta-based company is mulling over adding vegan options — including meat substitutes — to its menu. Business Insider first reported the news. The company
Monitors display Uber Technologies Inc. signage in front of Morgan Stanley headquarters in the Times Square area of New York, U.S., on Friday, April 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Boeing — Boeing shares dropped more than 4% after the editor of Chinese newspaper
Consider it China’s nuclear option in the trade war with the U.S. — the ability to start dumping its massive pile of Treasury bonds that could trigger a surge in interest rates and substantially damage the American economy. As the two sides engage in a tit-for-tat tariff exchange, the possibility that China might raise the stakes
republica | E+ | Getty Images Socially responsible investing has exploded across the globe and interest in it has never been higher. But there is a real chance the business and financial communities will let slip opportunities to fully capitalize on the demand. SRI assets are growing at nearly 40% year-over-year since 2016, according to
Thanagon Karaket / EyeEm | EyeEm | Getty Images If you’re having a hard time building a six-month emergency fund, you might want to rethink where you live. A new study from personal finance website Bankrate took a look at the cities where it is most difficult or easy to stash away cash in case
We’ve all heard the saying, “Hope for the best, but prepare for the worst.” Unless you’re a total risk seeker, you may apply this proverb to your daily life. Maybe you wear your seatbelt, own health insurance, or carry an umbrella with you, even when it’s not raining. Though most of us engage in these
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses how Social Security spousal benefits are determined, whether to switch from retirement benefits to taking spousal benefits and vice versa, potential effects of early retirement benefits on survivor’s benefits