Smart Succession Planning Unlocks Your Retirement Funds

As it stands today, roughly 12 million Baby Boomers own some type of small business, the combined value of which is roughly equal to $10 trillion. This comes at a time when the oldest of them have just crossed into their seventies.

Sep 20, 2017 Seth Scholar

How to Protect Your Child From Identity Theft

Alan Brill has scoured computers for intelligence left by Iraqi forces retreating from Kuwait. He has probed a bank in Bosnia suspected of funding ethnically targeted mass murder. He has investigated the work of hackers who got inside the 2008 presidential campaign networks of Barack Obama and John McCain.

What’s on his radar now? Your kids.

Jul 5, 2017 Suzanne Woolley

Popular 401(k) Funds Are Packed With Tech Stocks

How tech-savvy are you? Recent volatility in popular technology stocks, including Apple, Microsoft, Facebook, Google parent Alphabet and others, is a reminder to check the tech weighting in your retirement portfolio.

Jul 3, 2017 Suzanne Woolley

Millennials Are Helping America Save More Money

After almost a decade, Americans may finally be turning the corner on saving money. More than 30 percent of them say they have enough tucked away to cover six months’ worth of expenses — a seven-year high for this measure of financial calamity preparedness, a financial planning favorite.

Jun 22, 2017 Suzanne Woolley

4 Giving Strategies to Up Your Charitable Impact

Californians are very generous. They donate about 2 percent of their income to charity, which amounted to more than $26 billion in 2013, according to the Urban Institute’s analysis of data from the National Center for Charitable Statistics. If you plan to support your favorite causes this year, consider these simple, tax-smart strategies that help your charitable dollars have more impact.

May 4, 2017 Kim Laughton

Wall Street Rule Changes Will Be Slow in Senate

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.

Feb 21, 2017 Elizabeth Dexheimer

Young Americans Would Rather Disclose Their STDs Than Their Debts

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.

Feb 10, 2017 Suzanne Woolley

Drought of Biotech IPOs as Health Investors Await Trump

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.

Jan 9, 2017 Caroline Chen, Alex Barinka and Katherine Greifeld

Wells Fargo Wants a Quiet End to Its Scandal, Risking More Noise

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.

Dec 13, 2016 Kartikay Mehrotra, Laura J. Keller and Romy Varghese

Red State Homes Are Luring Young Blue Buyers Inland

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.

Dec 8, 2016 Patrick Clark

Fed Rate-Hike Odds Approach 100% in Anticipation of Trumponomics

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.

Nov 16, 2016 Wes Goodman and Marianna Aragao