Ten years ago Monday, a pair of Bear Stearns hedge funds that had gorged on subprime mortgage securities filed for bankruptcy, becoming the canaries in the coal mine for the global financial system that collapsed 15 months later.
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.
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.
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.
With graduation gifts, it’s the thought that counts. The cash is nice, too.
More and more Americans are waiting until the very last minute to do their taxes.
Susan DeMarois, the state policy director at the California State Policy Office of the Alzheimer’s Association, offers her perspective on the costs associated with Alzheimer’s and other related dementias. For more from DeMarois, check out “Fortress of Solvency” in our April issue.
Setting a retirement savings goal can feel like a crap shoot. How can you calculate your expenses, especially for health care, five, 10, 50 years from now?
If you’ve punted, you have company. Only 41 percent of workers have even tried to figure out how much they need in savings to retire comfortably.
Are millions of Americans just forgetting to file their taxes this year?
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.
California’s contributions to the California State Teachers’ Retirement System are projected to almost triple in less than a decade and may increase even more due to low investment returns and the cost of benefits enhanced in boom times.
Seven years after passage of the Affordable Care Act created a new world order in health insurance, it all may be upended. With a new administration in Washington, all or parts of Obamacare could be repealed and replaced. All the while, premium increases have continued apace:
Thinking about taking a job at a small company? Don’t expect a good retirement plan.
The start of the year is resolution time, the season when gyms push special deals to lure new customers or pull in old ones. Jeff Rizzo isn’t trying to sell you a gym membership, but if you’re into technology and fitness, he does want to equip you with the latest gear for the lowest price.
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.
Californians in April will start paying more to register their cars — not to help maintain roads, but to keep the pension checks rolling for the motorcycle cops who policed them.
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.