New Spenders

As millenials climb into their highest spending years, financial institutions must go digital to catch their coveted dollars

Ann Thompson, a regional sales executive for Bank of America, knows that the surest route into the hearts and minds of millennials is through their hands — not hand-holding, but talking to them through technology. “They want to be self-served and want things convenient,” Thompson says. “So, we have to reach them through that thing they hold in their hands, a smartphone.”

Mar 29, 2016 Bill Sessa
(Design by Sara Bogovich; elements from Shutterstock)

7 Killer Financial Management Apps

Thanks to a growing pool of financial apps, we can now review our budgets, tweak our investments and work toward retirement — all while waiting in line for a coffee.

Mar 24, 2016 Jeff Wilser

Breaking Up Is Hell. Especially With Your Financial Adviser

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. 

Mar 17, 2016 Suzanne Woolley
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We’ll Find Out Soon If Minimum Wages Kill Jobs

Today’s jobs report confirms much of what we already know: Workers are finding employment at a steady but unspectacular rate, private-sector job creation is good but not great, hours worked are ever so slowly ticking up and wage increases are pretty much nonexistent.

Mar 8, 2016 Barry Ritholtz

Squad Goals

B-Squad comic creator Eben Burgoon wants to see more local artists employed

It’s a funny thing, to hear the word “employed” in tandem with comic books, says Eben Burgoon, creator of the local comic B-Squad. He and Sean Sutter, lead artist on the project, explain that many artists and writers — even at the highest levels of comic book creation — often have to work for free or in trade. And as Burgoon points out, free beer and exposure don’t pay the rent.

Mar 7, 2016 Robin Epley
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A Growing Green Debt?

As PACE takes off, realtors warn that unwary homeowners are complicating their finances

Call it the tale of two turfs. In summer 2014, 27-year-old Benjamin Triffo wanted to do something about his dry, unattractive yard. He owns a four-bedroom, four-bath duplex in Elk Grove that he’d bought in 2011, and his sprinkler lines were broken. But with the state passing rules last July that would allow fines for overwatering, Triffo quickly figured out that replacing his system and re-sodding would be like attaching a drain line to his checkbook.

Feb 23, 2016 Steven Yoder
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Here’s What Your Bonus Might Look Like This Year

While most workers don’t expect to get a little extra something from their bosses this year, many companies are, in fact, doling out holiday bonuses. Of 368 human resource professionals and executives surveyed in Bloomberg BNA’s annual Year End-Holiday Practices survey, 42 percent said that they planned to give end-of-year bonuses, with most employers opting for cash over gifts. 

Dec 18, 2015 Rebecca Greenfield
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Student Debt Can Hurt Women More Than Men

It will take women MBAs a year longer than men to pay back their student loans, according to our analysis of Bloomberg data, gleaned from our annual ranking of MBA programs.

Dec 10, 2015 Natalie Kitroeff & Jonathan Rodkin
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Better Crowdfunding Means Better Business

Small businesses keep California humming. They make up an impressive 99.2 percent of California’s employers and employ more than 6 million Californians. But small businesses can’t thrive and grow – or even get off the ground – if they can’t access loans or credit.

Nov 18, 2015 John Arensmeyer
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Carrying Student Debt? You May Be In for a Lot of Robo-Calls

In the past, debt collectors could autodial borrowers only on the phone number they provide in their loan agreements. The new rules could allow the companies to repeatedly call any phone number associated with a student loan borrower—including family members’ cell phones or any number once held by the debtor.

Nov 17, 2015 Natalie Kitroeff
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10 Year-End Tax Strategies

Important tax legislation that becomes retroactive to the beginning of the year is often not finalized until late in the year. Obviously, this leaves very little wiggle room for tax planning. To get ahead in your preparations, there are things you can think about or do now, to avoid a rush come December.

Nov 9, 2015 Lauren Anderson