A key Republican Senator is casting doubt on hopes for quick action to dismantle the Dodd-Frank Act or overhaul the U.S. mortgage-finance system, citing the need for bipartisan support in a Congress that seems to be far from providing it.
It seems 39 percent of millennials would rather disclose a preexisting sexually transmitted disease to a potential partner than reveal their debt, according to a survey of 2,000 millennials SoFi conducted, using online poller Survey Monkey. In addition, the survey found that serious debt was the second-biggest romantic deal-breaker, after workaholism.
Thinking about taking a job at a small company? Don’t expect a good retirement plan.
Last quarter was the slowest three-month period for drug company initial public offerings in four years, according to Bloomberg data. And in all of 2016, only 36 biotech and pharmaceutical companies went public in the U.S., according to data gathered by Bloomberg, compared with 68 in 2015 and a record 85 in 2014.
California will be forced to pay billions more in pension contributions for government employees after the state retirement system’s decision to lower its assumed rate of return.
Wells Fargo’s attempt to force aggrieved customers into closed-door arbitration over its fake-accounts scandal is drawing a legislative backlash in its home state of California and risks subjecting the bank to another round as a public punching bag.
Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. As recently as 1990, manufacturing jobs there were the backbone of the local economy. But in the two decades since, the area has lost thousands of blue-collar jobs, and the local housing market still wears the scars of the foreclosure crisis.
Donald Trump wants American companies to bring trillions of dollars in offshore cash back home, arguing that the money could be used to fund a manufacturing renaissance.
Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it made a December increase a near certainty.
U.S. banks stocks jumped the most since May, led by regional lenders, on speculation a Trump presidency could usher in reforms that ease regulatory burdens on financial-services firms.
U.S. stocks rallied amid heavy trading and Treasuries tumbled as investors reassessed the effects of Donald Trump’s surprise victory in the American presidential election.
For a sense of how fungible the label “financial adviser” has become, talk to Mike Chamberlain of Chamberlain Financial Planning & Wealth Management, which has an office in Sacramento. “’Financial services industry’ is a very broad term,” he says, “and I don’t like being included in it.
Recently, within the context of being a co-founder and mentor at Roseville’s Glue Factory, an incubator for entrepreneurs willing to give back to the community in exchange for free workspace and guidance, I am often asked about the ins and outs of family and friends investing in a startup company.
Making advance funeral and cemetery arrangements (“preneed”) will provide the most peace of mind for yourself and your family. Much like an advance health directive lays out your wishes while you’re alive, a preneed agreement establishes your wishes afterward.
You’ve heard the phrase, “It’s not personal, it’s business.” However, when it comes time to transition or sell your business — either to an outside buyer or to a family member — emotions often come into play.
On New Mohawk Road in Nevada City, the 27,000-square-foot facility has three components: a training academy, business accelerator and coworking lab for established companies. The academy will include classes that can last from a weekend to up to six months. The Green Screen Institute will hire industry experts on a contract basis to teach the classes. The idea is to develop the workforce needed for the influx of virtual reality and augmented reality companies.
At first everything’s great. You talk all the time, set life goals together, exchange notes. One day you notice the conversations have gotten shorter, the notes less frequent. Calls go unanswered. Maybe you two aren’t such a great fit after all. The problem is, this person manages your life savings.
When it comes to gift-giving, you can’t go wrong with a gift card, right? Well, not exactly. Research shows that more than $1 billion in gift cards go unredeemed. Based in West Sacramento, GiftCardBin has been banking on that stat since 2008, buying and selling gift cards that might otherwise go to waste. (Like the $25 Starbucks card you probably have in your wallet right now.)
Between the day-to-day demands of life, and fiscal responsibilities (like budgeting) necessary for retirement preparation, sometimes important aspects of planning for the future get overlooked. It’s not uncommon for someone to have spent their entire career with an eye toward their post-work life, only to retire and wonder, what am I going to do now?
If it seems like they’re having fun, they are. That’s because the trust derived from a 23-year business partnership, a union rooted in mutual respect and shared interest, is bound to translate over the air. Hanson McClain’s Money Matters, a Saturday call-in financial topic radio program, was originally created by Scott Hanson and Pat McClain to give their investment advisory firm some added name recognition.