MISSIONMALAWINEWS.COM: World and US News

World and US News: Earnings, Wealth

2019-08-23, 17:12

Here's how gender wage gap affects black women, who are paid 61 cents for every $1 for white males Thursday marks Black Women's Equal Pay Day, which is when the combination of their wages so far this year, plus all of their 2018 income, matche...
2019-08-22, 22:26

Trump to grant student loan forgiveness for disabled veterans President Donald Trump signed a memorandum on Wednesday to automatically cancel the student loan debt of disabled veterans. More than 25,000 service ...
2019-08-21, 23:13

Here's why people aren't saving more in their 401(k) plans If you want retirement security later, the time to invest is now. Nevertheless, just 3 out of 10 workers polled by Bankrate.com said they're sav...
2019-08-21, 20:00

What a Trump payroll tax cut would actually mean for your wallet President Trump is considering reducing payroll taxes as a way to stimulate the economy. Here's a rundown of what you pay, and how it would affe...
2019-08-21, 20:00

Toll Brothers profit beat is clouded by weakness in orders Toll Brothers reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker deman...
2019-08-21, 16:26

Why that 30% rule of thumb about credit card use could be costing you Experts say there is a misconception that your credit score won't be negatively affected unless your total balance climbs above 30% of your avai...
2019-08-20, 21:13

Can't wait until 70? This is the next best age to claim Social Security benefits Waiting until 70 to claim retirement benefits is generally best. But if you cannot delay that long, there is another option that's almost as goo...
2019-08-20, 20:26

These cities gave the most money to charity in 2018 Residents in the Boston metro area are more than happy to give away their cash to a range of charitable causes, according to data from Fidelity Chari...
2019-08-20, 20:26

Home Depot stock rises on better-than-expected profits even as the company lowers outlook Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tar...
2019-08-20, 19:13

Health-care costs are going up so quickly, they're devouring your salary increases Even if you have health insurance through work, you can expect to spend a hefty amount of money on care for yourself and your family. Premiums are on...
2019-08-19, 22:52

Whether married or single, this is how women are financially vulnerable in retirement It's no secret that women face unique challenges when it comes to having enough money to last through retirement. Here are the risks they likely...
2019-08-19, 21:13

Here's how I kicked my post-college kid out of the house — and you can, too Instill financial responsibility in your young adult children by requiring them to move out and handle their bills on their own as soon as possible a...
2019-08-18, 16:52

How to get the most from this tax-free source of retirement income Managed properly, cash value life insurance can complement your retirement planning strategy. But beware: You'll need to work closely with your ...
2019-08-18, 16:52

Pebble Beach car week isn't for budget travelers. Prices get jacked for tickets, hotels, even gas Thousands of people descend on the normally quiet Monterey Peninsula coast for what has come to be known as "Pebble Beach car week," but it is not an...
2019-08-17, 17:26

The price of a cup of coffee may be the answer to fixing Social Security Can Social Security's solvency be extended through a plan that includes payroll tax hikes that amount to less than a cup of coffee? Supporters o...
2019-08-17, 16:39

Amid GE fraud accusation, it might be a good time to check your long-term care policy Allegations that GE's long-term-care unit is suffering massive losses come amid multiple challenges in the market, which has shrunk in recent ye...
2019-08-17, 13:00

Amid GE fraud accusation, it might be a good time to check your long term care policy Allegations that GE's long-term-care unit is suffering massive losses comes amid multiple challenges in the market, which has shrunk in recent y...
2019-08-16, 21:00

How much you'll need to invest each month to retire with $2 million at age 20, 30, 40 and beyond Want to retire with $2 million? How much you'll need to save every month depends on your age. Whether you're 20 or 50, here's how to d...
2019-08-16, 17:00

Give Your Teenager a Credit Card? Some Financial Experts Say Yes Parents should monitor spending and explain how to pay the bill on time. A financial planner says teenagers should get a card. “We live in a credit-d...
2019-08-16, 15:52

Coach-owner Tapestry shares tumble as its sales and forecast disappoint Tapestry forecast a surprise fall in first-quarter revenue and profit on Thursday, as the high-end fashion house struggles with sluggish demand for i...
2019-08-16, 13:26

You may be tempted to make this mistake as the market tanks. Here's what to do instead. Roller-coaster moves in the market might tempt you to carefully watch your investments or even adjust your holdings. Here's why those are some o...
2019-08-15, 02:13

These charitable individuals are giving cash away. Here's why Owners of donor-advised funds turned on the tap and made hefty grants to their favorite charities, according to data from Schwab Charitable and Fidel...
2019-08-15, 02:13

Seeing red? Why a falling stock market can help you save on taxes Market declines don't have to be a horror show. Here's the upshot: Lower portfolio values make it cheaper to convert your IRA to a Roth IRA...
2019-08-15, 02:13

The IRS may seize your passport if you owe a lot of back taxes You may not be able to get a new passport or renew your existing one if you owe the IRS more than $52,000. Worse, your existing one might simply be r...
2019-08-14, 14:39

Money stress traps many women into staying in unhappy marriages A large number of American women stay in marriages that are unhealthy and even border on dysfunctional due to financial insecurity and stress, and th...
2019-08-13, 19:26

Here's why some people don't mind overpaying the IRS More than 4 out of 10 people polled by NerdWallet are perfectly fine with taking home less pay and sending more money to the IRS throughout the year....
2019-08-13, 19:26

Pebble Beach Concours: What to expect at the world's premier car show Described as the Coachella for wealthy car collectors, automakers and collectors flock to Monterey to showcase everything from classic Bentleys to th...
2019-08-12, 23:52

The big wealth transfer is coming. Here's how to make sure younger generations are ready. You've decided what you want to leave to your heirs, but have you looped them in on your plans? Take these steps to make sure your money lasts f...
2019-08-12, 23:52

How much money do you need to retire? Start with $1.7 million It turns out that there is a magic retirement number. Most Americans believe it is $1.7 million, according to a survey from Charles Schwab. Here'...
2019-08-11, 16:13

Congress is considering big changes to the way you retire. Here's what could make the cut The House of Representatives has put forward legislation targeting retirement rules, Social Security, multi-employer pensions and Medicare. Here'...
2019-08-10, 19:13

What’s Left After a Family Business Is Sold? After so much attention to running things, little thought goes into what comes next. Relatives should focus on their values, not money, advisers say....
2019-08-09, 22:26

Viacom beats quarterly revenue estimates Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic adve...
2019-08-09, 07:13

Tariffs could be a 'tragic situation' for Americans living paycheck to paycheck Thousands of household products could get more expensive, thanks to the newest round of tariffs the U.S. plans to slap on goods from China next month...
2019-08-08, 22:52

Baby boomers' wealth is 12 times greater compared to millennials. Here's why The net worth gap between older and younger Americans has grown into a chasm. While the average older household had about seven times the net worth o...
2019-08-08, 22:52

Here's how many people claimed this new 20% small-business tax break More than 14 million tax returns claimed the new 20% qualified business income deduction in 2018, according to IRS data through May 23. How to know i...
2019-08-07, 18:52

4 key things you should do to grow your career, according to former Yum Brands CEO David Novak There is a lot of advice out there on how to move up the ladder, but if you focus on these four things, you'll find success, says former Yum Bra...
2019-08-07, 17:39

Consider this investment if you're worried about losing all your money While the rate of return isn't anything to write home about, you get inflation protection and the guarantee that you won't lose your princi...
2019-08-07, 14:26

How to solidify your financial plan in case the trade war sparks a recession Ongoing trade tensions with China have many worried that the U.S. economy could be headed toward a recession. Here's how to adjust your plans be...
2019-08-07, 05:39

1 in 3 workers would take a pay cut for unlimited time off: survey One in three workers would give up some of their pay in exchange for unlimited vacation, according to a survey from Allianz Global Assistance. But un...
2019-08-06, 02:52

This Social Security rule cuts public workers' benefits. Politicians want to change that Teachers, firefighters and police officers who are eligible for pensions and Social Security may receive reduced retirement benefits. Some lawmakers ...
2019-08-06, 02:52

What to do with your 401(k) as the market tanks The market's roller coaster ride may have you tempted to move investments in your retirement nest egg. Here's what financial advisors say y...
2019-08-06, 02:52

Is your spouse cheating? Your tax returns may hold the secret It's hard to hide everything from Uncle Sam — including infidelity. Here's how your tax return can tell you whether your spouse may be havi...
2019-08-05, 10:52

New state programs, like California's, make it easier for workers to save for retirement Millions of workers do not have access to a workplace retirement plan. Now, states like California are starting programs to help those people save fo...
2019-08-05, 10:52

At Banks and Fund Firms, Access Is Too Often Denied, Blind and Deaf Investors Say Workers with sensory challenges face an array of digital obstacles to managing their retirement accounts and have sued to ensure banks’ websites comp...
2019-08-04, 06:39

Spend too much? Here's what is causing you to be a shopaholic Even in the absence of shopping "holidays" like Black Friday and Amazon Prime Day, designed to entice consumers to spend on items they never planned ...
2019-08-03, 22:52

Forget law school, these kids want to be a YouTube star Harris Polls and toymaker Lego found that one-third of kids between the ages of 8 and 12 aspire to be either a vlogger or a YouTuber. Experts say it&...
2019-08-03, 19:26

Chevron profit rises 26.3% on higher output Chevron reported a 26.3% rise in quarterly profit, as higher production more than offset lower crude oil and natural gas prices and a rise in expense...
2019-08-02, 19:52

Bill to improve health savings accounts for Medicare users comes with a big downside While the Health Savings for Seniors Act would allow HSA contributions if you're on Medicare, it also would limit what you can use the withdrawa...
2019-08-01, 22:00

Fed rate cut, trade wars: How to know if you have too much risk in your portfolio Recent market highs could have prompted you to take on more equity risk in your portfolio. Here's why you may want to reevaluate your positions ...
2019-08-01, 21:13

Here's how to feel richer with the money you already have You don't necessarily need to make more money to feel wealthy. Try doing more with the funds you already have. These tips can help you get start...
2019-08-01, 17:13

These workers are saving the maximum in their 401(k) plans A handful of lucky taxpayers were able to make the maximum contribution to their retirement plans in 2016, according to the IRS. Here's what you...
2019-08-01, 17:13

What to Know When Choosing Cremation A funeral industry report says demand for cremation is increasing, in part because it’s less expensive than burial. It has also become more socially ...
2019-07-31, 22:00

Kamala Harris has a student debt forgiveness plan, but it's complicated Borrowers will have a lot of boxes to check before they can get the $20,000 in student debt forgiveness on the table in Kamala Harris' newly rel...
2019-07-31, 21:52

NFL star Adrian Peterson made close to $100 million but apparently can't pay his debts The Washington Redskins running back is fighting creditors in court over a $5.2 million loan. Here's what the pros tend to get wrong about manag...
2019-07-31, 18:39

Millennials' financial futures at stake in Social Security reform debate, Republicans say Congressional lawmakers want to extend Social Security's solvency. But they also want to make sure millennials will get as much money out as the...
2019-07-31, 18:39

Millennials aren't thinking about this risk to their finances Life insurance is probably the last thing on your mind if you're in your 20s and 30s. Surprise — those are probably prime years for buying cover...
2019-07-31, 18:39

Morgan Stanley offers new tool to let advisors, investors measure sustainable investing goals Morgan Stanley is using big data to help clients identify their sustainable investing choices and measure how well their portfolios track those goals...
2019-07-31, 18:39

How Democratic presidential candidate Joe Biden would increase Social Security benefits Biden, who is currently leading in the polls, wants to change Social Security to prevent the eldest workers from running out of money and the the poo...
2019-07-31, 18:39

Best way to pay off credit card debt? Move to Indiana Credit card debt is near an all-time high, but not across the board. Here's how consumers are faring across the country, according to a new repo...
2019-07-31, 18:39

Think the Capital One hacking is bad? Here are 5 of the biggest data breaches ever On the heels of July's news that some 100 million U.S. credit card customers and applicants of Capital One had personal information hacked, here...
2019-07-31, 18:39

Parents are exploiting this legal loophole to get their kids more need-based college financial aid Some parents are exploiting a legal loophole so that their children can declare themselves financially independent from them, likely enhancing their ...
2019-07-31, 18:39

How much you'll need to invest each month to retire with a million dollars at age 20, 30 and beyond Want to retire a millionaire? How much you'll need to save each month, using investments that earn six percent annual returns, greatly depends o...
2019-07-31, 18:39

CFP Board vows stepped up oversight of financial advisors after complaints of lax review Shopping for an advisor? The Certified Financial Planner Board of Standards is changing its processes to help curtail financial advisors with bad tra...
2019-07-31, 18:39

Jeffrey Epstein got documents claiming he raped 15-year-old day before mysterious jail cell injury Jennifer Araoz says she was 15 years old or younger when Jeffrey Epstein, a former friend of Presidents Donald Trump and Bill Clinton, assaulted her....
2019-07-31, 18:13

The wealth tax that Democrats and Republican billionaires both support In Wednesday's Financial Times, hedge-fund manager and longtime Republican supporter Leon Cooperman said that while he opposed a wealth tax, he ...
2019-07-31, 18:13

Starbucks' stock pops after coffee chain crushes estimates, raises forecast Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks...
2019-07-31, 17:39

Mattel shares soar on narrower-than-expected loss, strong sales of Barbie, Hot Wheels Shares of Mattel jumped 7% in late trading Thursday after the company posted a narrower-than-expected loss and strong sales of Barbie and Hot Wheels....
2019-07-31, 17:39

Sony posts 18% jump in first-quarter profit on strong image sensor business Japan's Sony on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance...
2019-07-31, 17:39

Dish loses fewer pay-TV subscribers than expected Dish Network beat estimates for quarterly revenue, as the U.S. satellite TV service provider lost fewer pay-TV subscribers than analysts had expected...
2019-07-31, 17:39

Under Armour shares sink 15% on sales miss and lower forecast in North America For the year, Under Armour now expects sales in North America will decline slightly. It's been struggling to keep up with rivals Nike and Adidas...
2019-07-31, 17:39

Core game franchises propel Electronic Arts revenue beat Video game publisher Electronic Arts reported better-than-expected quarterly revenue, riding on the continued success of its battle royale game "Apex...
2019-07-31, 17:39

Real estate in the Hamptons had its worst spring quarter in 8 years Real estate sales and prices in the Hamptons continued to fall in the second quarter, marking a year and a half of declines, according to a report fr...
2019-07-25, 09:52

How to shave your tax bill — and your Medicare costs in retirement A flush 401(k) is just one thing you'll need to cover your retirement costs. Sock some money into Roth accounts and your taxable accounts to hel...
2019-07-25, 00:13

A warning to seniors if the Fed lowers interest rates Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older inv...
2019-07-24, 20:13

AT&T beats quarterly phone subscriber estimates AT&T beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it grounded out some growth in a saturated market and continue...
2019-07-24, 15:26

VF Corp raises full-year profit forecast after beating quarterly estimates VF Corp.'s quarterly revenue beat Wall Street expectations on Wednesday, helped by higher demand for its Vans sneakers and the North Face brand....
2019-07-24, 15:26

Josh Brown: Why 10 years of no returns may be a good thing for younger investors The "very best thing" that can happen to investors in their 20s, 30s and early 40s is another 10-year period of no returns in the S&P 500, expert Jos...
2019-07-24, 15:26

New tools can help turn your retirement savings into a steady paycheck Retirees face the same big dilemma: how to make their retirement savings last. New personalized tools aim to help identify which accounts to pull you...
2019-07-23, 14:52

Equifax settlement includes more free credit reports but that won't prevent fraud Free credit reports are a good thing, but checking on your file won't do anything to prevent fraud from happening. Here are tips to stop it befo...
2019-07-22, 19:39

Parents, children disagree on when they'll be financially independent A recent survey identifies the key points at which young adults should hit key financial milestones. For many, those pressures can contribute to a qu...
2019-07-22, 19:39

It is time we redefine financial success Reaching financial success may mean obtaining things such as home ownership or travel. However, you may want to consider broadening your definition i...
2019-07-22, 15:00

Back-to-School Sales Tax ‘Holidays’ Lure Shoppers Despite Slim Savings “People who won’t walk across the street to save $5 on a pair of pants will take a day off from work to take advantage of a sales-tax holiday,” a tax...
2019-07-19, 20:52

Battling flood damage? Here's why you'll have a hard time getting a tax break for it If your home and belongings were lost in a fire or in a flood, you're about to have a harder time claiming those losses on your tax return. Here...
2019-07-19, 20:52

American Express tops profit estimates on higher card spending; expenses a worry Credit card issuer American Express beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by...
2019-07-19, 17:39

How to avoid costly Medicare mistakes when retiring after age 65 If you're covered by qualifying health insurance at work and have delayed signing up for Medicare (or parts of it), it's important to plan ...
2019-07-19, 16:26

Ohio congresswoman says lack of financial literacy could be a problem for Facebook Libra users Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra...
2019-07-19, 16:26

First-time homebuyers could snag lower costs for FHA loans under House-passed bill The Housing Financial Literacy Act would provide a discount on upfront mortgage insurance if the borrower goes through financial literacy counseling....
2019-07-18, 18:52

Retiring this year? How much you'll need for health-care costs A 65-year-old couple in good health could shell out close to $390,000 in medical expenses, according to HealthView Services. Here's why the bill...
2019-07-18, 18:52

Barry lost some bite, but these 10 cities could lose billions in housing to floods by 2050 Within three decades more than 386,000 homes in U.S. coastal areas will be at risk of permanent submersion or regular flooding due to climate change,...
2019-07-18, 16:39

Here's how women can grow their careers, according to Morning Joe's Mika Brzezinski Women need to be smart about getting their foot in the door and working their way up the ladder, says Mika Brzezinski, best-selling author and co-hos...
2019-07-18, 12:26

College applications can add up to thousands of dollars. Here's how to save As college costs rise, some students apply to a laundry list of schools to increase their odds of getting into one they can afford. Yet doing so can ...
2019-07-17, 21:26

Blue states file suit against IRS over rules on SALT workarounds Gov. Phil Murphy of New Jersey is suing the IRS and Treasury Secretary Steven Mnuchin, responding to new, final rules from the IRS that would largely...
2019-07-17, 21:26

What triggers the shopaholic spender, and how to beat the syndrome Even in the absence of shopping "holidays" like Black Friday and Amazon Prime Day, designed to entice consumers to spend on items they never planned ...
2019-07-17, 15:00

Planning to travel while on Medicare? Make sure you have coverage at your destination Whether you're covered for medical services while traveling depends partly on where you're going and how you receive your Medicare benefits...
2019-07-14, 15:13

This work perk can help you build wealth — or load you up with taxes and risk Don't get too attached to those stock options and restricted stock units at work. In order to get the most benefit from them, you'll need t...
2019-07-13, 20:00

These pension plans are at risk of going broke. Now lawmakers need to agree on a fix Retirement benefits for more than 1 million people could be at risk if nothing is done to help save underfunded multiemployer pensions. The House of ...
2019-07-12, 19:52

Nike 'Back to the Future' sneakers expected to sell for over $50,000 at auction A rare pair of Nike "Moon Shoes" could fetch as much as $160,000 in an auction held by Sotheby's, which also features Marty McFly's famous ...
2019-07-12, 15:13

This blind spot is putting financial advisors and their clients at risk Knock, knock. The Securities and Exchange Commission has some questions about your firm's cybersecurity policies and procedures. Here's how...
2019-07-11, 16:52

This charitable investing strategy was an early investor in Beyond Meat One donor-advised fund gave investors access to Beyond Meat before its surprise hit of an IPO. Here's how these charitable strategies could make...
2019-07-11, 16:52

Credit card mismanagement adds to millennials' financial woes Once model savers, millennials are falling into the credit card debt trap. Financial education should be embedded in education from grade school thro...
2019-07-11, 12:26

This risk could wipe out everything you own. How to prepare Think your homeowners insurance will cover your dwelling ina hurricane? You could be wrong. Here's how to prepare your house and your wallet for...
2019-07-10, 20:13

Levi Strauss profit tanks 17%, hit by a stronger dollar, and higher marketing and online expenses Levi Strauss reported a 17% drop in quarterly adjusted profit, hit by a stronger dollar, higher marketing costs, and investments in its online busine...
2019-07-10, 13:52

Here's how more Americans can save for retirement, according to the 'father of the 401(k)' More employers, like small businesses, need to start offering retirement savings plans to their workers, says Ted Benna, best known as the 'fath...
2019-07-08, 23:13

What Americans really think the government should do to fix Social Security Social Security is in need of changes before 2035 to continue to pay out benefits as promised. Americans weigh in on what they think the government s...
2019-07-08, 23:13

Live in these cities if you want to save plenty of cash You should have at least six months' savings set aside in case of an emergency. And it turns out the city in which you live could determine whet...
2019-07-08, 23:13

The Value in Trying to Do Things Your Own Way Too many people use someone else’s map when building a business or making a big decision, either by following others’ rules or deliberately defying t...
2019-07-08, 18:39

Here's where the presidential candidates stand on Social Security Medicare has become a buzzword so far in the 2020 race. Yet another important benefits program,Social Security, has largely been absent from the disc...
2019-07-06, 14:52

Nearing retirement? This checklist can help make sure you're financially ready Regardless of what the next phase of your life looks like, there are some financial aspects you should consider now to help the transition go smoothl...
2019-07-05, 17:00

How to snag a good deal on a car if you're shopping during the July 4 sales push Climbing new-car prices, slowing consumer demand and competition from millions of leased cars returning to the market have resulted in dealerships ea...
2019-07-04, 16:26

Here's one reason why Americans abroad want to surrender their citizenship Americans residing abroad say that tax complexities are making them rethink their U.S. citizenship, according to a survey from Greenback Expat Tax Se...
2019-07-03, 18:52

Forget San Francisco: 5 cities where Bay Area techies would rather live As the cost of housing remains sky-high in San Francisco, tech workers in the area are eyeing other U.S. locations where they'd rather settle do...
2019-07-03, 18:52

Predatory lenders prey on US military members. Here's how to avoid becoming a victim Predatory lenders, who cluster around military bases, target young soldiers who are inexperienced with money. Money expert Tara Falcone shares tips o...
2019-07-03, 16:00

The Secure Act may flood your 401(k) with annuities. Here's what you should know While many people may be drawn to the idea of guaranteed income in retirement, it's important to understand the pros and cons of annuities befor...
2019-07-03, 16:00

Kleinwort Hambros: Maintaining a high-touch personal service Paul Kearney, head of private banking at Kleinwort Hambros, says that there are two overriding prerequisites for success in the competitive private b...
2019-07-02, 16:13

When an advisor has to deliver some bad news to a client We asked nine financial advisors, including eight members of the CNBC Digital Financial Advisors Council, what was the worst news they ever had to te...
2019-07-02, 15:00

DeVos cancels Obama-era rule forcing colleges to prove students could repay their student debt Education Secretary Betsy DeVos issued the final repeal of an Obama-era rule aimed at holding low-quality education programs accountable by forcing t...
2019-07-01, 21:26

One-third of Americans have cut back on spending, and some fear a recession is coming A third of Americans are spending less, according to the CNBC/Acorns Invest in You Spending Survey released on Monday. The reasons they cite include ...
2019-07-01, 15:00

College costs are skyrocketing. Here's how to decide if that high price tag is worth it With the student loan crisis gaining ground as a key issue in the 2020 presidential race, a new CNBC and Acorns survey has found that a majority of A...
2019-07-01, 15:00

Men spend more on impulse buys than women. Here are 6 ways to break the habit A new CNBC and Acorns survey shows that men spend more on impulse buys than women, breaking old stereotypes. Experts give tips on how to break the ha...
2019-07-01, 15:00

Here's the best financial advice these 10 advisors ever received Financial advisors are used to offering up advice on a daily basis. But what's the best tip they ever got? We asked members of the CNBC Digital ...
2019-07-01, 15:00

Cancer patients with student debt are supposed to get a break. The government isn't giving it President Trump signed a bill last year allowing people with cancer to press pause on their federal student loan payments throughout their medical tr...
2019-06-29, 21:01

Learn money and investing basics in less time than an episode of The Office These eight personal finance education videos will teach you the basics of credit, budgeting, insurance, retirement, saving, investing and taxes in l...
2019-06-28, 22:52

Democrats' student debt forgiveness proposals may resonate more in blue states Voters in blue states stand to have more student debt forgiven under Democrats' proposals than those in red states, according to an analysis by ...
2019-06-28, 22:52

That Texting-While-Driving Ticket Can Also Lead to a Car Insurance Penalty Many insurers charge the penalty for three years after the violation, meaning you’ll be paying the price long after the check for your ticket has cle...
2019-06-28, 16:52

Social Security statements could be coming back to your mailbox The Social Security Administration may have to send annual statements via snail mail again. Advocates for the change say not enough people are access...
2019-06-28, 02:52

Lennar profit beats as lower mortgage rates boost home sales Lennar reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder's sales got a boost from lower interest rates ...
2019-06-28, 02:13

FedEx CEO says US lawsuit is 'separate and distinct' from Huawei package mishaps FedEx CEO and Chairman Frederick Smith said the recent lawsuit against the Commerce Department is "separate and distinct" from the shipping incidents...
2019-06-28, 02:13

This debt is most likely to force you to file for bankruptcy Student loans aren't the biggest reason people file for bankruptcy. Those who hit financial rock bottom most often point to medical debt as the ...
2019-06-27, 19:40

Thousands of students sue Betsy DeVos, claiming she's denying them student debt forgiveness More than 150,000 former students of for-profit colleges filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos...
2019-06-27, 19:40

It's time for colleges to require mandated financial literacy courses The U.S. Financial Literacy and Education Commission "recommends that institutions of higher education require mandatory financial literacy courses."...
2019-06-27, 19:40

Bank overdraft fees could jump if consumer watchdog eases rule The nation's consumer watchdog agency is reviewing the rule that regulates how banks charge fees when their customers spend more than what is in...
2019-06-27, 19:40

Medigap changes coming next year for future 65-year-olds If you turn 65 after 2019, you no longer can purchase a policy that covers the deductible for Part B. If you reach that age before Jan. 1, however, y...
2019-06-27, 19:40

Women and minorities receive less from Social Security. Politicians are looking to change that Congressional Democrats took to the Hill on Wednesday in the latest push for Social Security reform. Their mission: to help get women and minorities ...
2019-06-27, 19:40

House passes bill that would block enforcement of new SEC investor protection rule One of the amendments attached to an appropriations bill would prohibit the Securities and Exchange Commission from implementing and enforcing its "R...
2019-06-27, 19:40

Cuts to Social Security would hurt older, single women most of all The Social Security program is approaching insolvency, and the demographic to be hit hardest by any reduction in benefits will be women, who tend to ...
2019-06-27, 19:00

Are collectibles for collecting or investing? Advisors weigh in Just how viable are collectibles as an asset class for the average investor? Should financial professionals advise clients to sink hard-earned cash i...
2019-06-23, 17:26

Trivia app Givling offers to help people pay off student debt. It cost one woman $42,000 to win The Givling app has attracted a large and loyal following of borrowers hoping for relief from decades of monthly loan payments. It might be making th...
2019-06-21, 16:00

Why Ted Cruz may be holding up major retirement legislation in the Senate New legislation called the Secure Act could usher in the biggest changes to retirement law since 2006. But one sticking point — the use of 529 saving...
2019-06-21, 16:00

Sen. Elizabeth Warren proposes law to help same-sex couples collect tax refunds owed to them Proposed legislation from Sen. Elizabeth Warren (D-Mass.) would give gay couples who are legally married the ability to file amended tax returns and ...
2019-06-21, 00:52

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses re...
2019-06-20, 16:52

How to get investors to save more for retirement? Perhaps by saying hello to their future self Getting clients to save more for retirement means getting them to care about their future selves. How to forge that emotional connection? Technology,...
2019-06-20, 16:26

Here are 4 tax breaks that you might get back if Congress reinstates deductions The House Ways and Means Committee has proposed a package of "tax extenders," potentially reviving deductions and credits that were unavailable for t...
2019-06-19, 16:52

Here's how advisors can help clients avoid common and costly Medicare mistakes Making the wrong Medicare decision can make health care, the biggest expense in retirement, even more costly. Help clients avoid these common oversig...
2019-06-19, 15:00

Here's how advisors can recommend a life insurance policy in their client's best interest If you're making life insurance and annuity recommendations in the Empire State, you'll soon be required to act in your client's best ...
2019-06-18, 16:26

How to outfox the robots reading your resume There are more resumes to compete against. Here's how to tailor your resume to take advantage of the algorithms that reject and choose candidate...
2019-06-18, 16:26

Rick Santelli's 5 things you need to know about investing in bonds If you want a balanced portfolio, experts say you should invest in bonds. Here are the answers to five key questions about the market, from CNBC'...
2019-06-18, 16:26

New federal tax rules create advantage for real estate investment trusts As Generation X and millennials inherit their baby boomer parents' assets amid the so-called Great Wealth Transfer, some will look to invest it ...
2019-06-18, 15:39

Here's where Americans are vacationing this summer -- and what they're spending Just about half of Americans are hitting the road in the next three months. Where are we headed and how will we get there? For the most part, it'...
2019-06-16, 20:26

Here's how much Americans are spending on their kids' allowance A new survey shows that 40% of Americans are paying their kids an allowance. Here's how much they are paying and other ways you can teach your c...
2019-06-14, 20:26

Five reasons why your high-tax state won't let you move away Thinking of relocating to Nevada for its income tax-free environment? Chances are your home state's auditors won't let you go quietly. Here...
2019-06-14, 20:26

Lessons from Dad: The best money advice CNBC anchors received from their fathers Parents have a big influence on their kids, including when it comes to money. With Father's Day just around the corner, we asked our CNBC anchor...
2019-06-14, 15:13

Elizabeth Warren will introduce legislation to cancel student loan debt for most borrowers Elizabeth Warren isn't waiting for the election to push forward her sweeping plan to erase the majority of the country's outstanding studen...
2019-06-13, 21:39

Let's stop the argument that financial education doesn't work Research continues to validate financial education, leading to better decision-making, heightened confidence and increased self-efficacy. If you impu...
2019-06-13, 18:26

How the average American millionaire is managing their money in this market CNBC's latest Millionaire Survey finds that America's wealthy remain confident in stocks and the economy even as trade wars persist and Pre...
2019-06-13, 07:52

Feds block SALT workarounds that high-tax states favored The feds blocked a move by blue states to craft a workaround to the Tax Cuts and Jobs Act limiting state and local tax deductions, saying receipt of ...
2019-06-12, 22:26

Companies are trying something new with their 401(k) plans. It might get you to save more A growing number of companies automatically take money from their employees paychecks and deposit it into a retirement account — even after a worker ...
2019-06-12, 22:26

Options are few for storm-ravaged homes with insufficient insurance While government programs can offer assistance following a hurricane or other major weather event, it's not guaranteed and it's not all fre...
2019-06-12, 22:26

Congress moves to make it easier for older workers to prove age discrimination The bill would make proving age discrimination easier, by allowing workers to prove their age was a factor in an employer's decision to discipli...
2019-06-12, 00:39

Dream of spending your retirement on the beach? Here are the best towns Spending your days with your toes in the sand may sound like the perfect way to spend your retirement. Here are top beach towns for retirees from U.S...
2019-06-11, 21:00

Turns out it's not baby boomers who have taken the most from Social Security New research from the Center for Retirement Research at Boston College finds that it was the earliest beneficiaries who received more money than they...
2019-06-10, 20:26

Rolling Stones concert goers to get schooled on lifetime income The band is back following Mick Jagger's heart surgery. The concert sponsor hopes attendees will ask how long their money will last in retiremen...
2019-06-10, 00:52

An IPO could make these workers wealthy – or leave them holding nothing Not all start-ups grow up to be Facebook. For the lucky few that do, their employees might have access to a small fortune: stock options. Here's...
2019-06-08, 15:39

Savings Accounts for Disabled Americans Catch On, but Slowly Advocates say the state-based accounts, which let disabled people work and save money without risking the loss of government aid, could help millions...
2019-06-07, 15:39

S.E.C. Tells Brokers to Work for You, but Don’t Skip the Fine Print Consumer advocates say rule changes have weakened the standards governing one class of financial professionals while giving an unwarranted veneer of ...
2019-06-07, 11:26

This company is helping pay down its employees' student debt. 'They are creating value for us' Chegg has a new program that will give its employees up to $5,000 a year to help pay off student debt. "If they borrowed money and they are creating ...
2019-06-07, 07:00

Advisors down on crypto but give cannabis stocks and passive investing a thumbs up: survey The advisor survey from the Financial Planning Association reveals advisors are upbeat about the economy, still like passive investing and are intere...
2019-06-06, 18:26

This tax savings strategy for massive IRAs could be on the way out A provision in this new retirement bill could make it difficult for owners of large IRAs to pass on their accounts to non-spouse heirs. Here's w...
2019-06-06, 18:26

S.E.C. Adopts New Rules for Brokers That Consumer Advocates Say Are Toothless The advocates say the rules will let the brokerage industry market itself as always doing the right thing for customers, giving them a false sense of...
2019-06-05, 23:26

Morgan Stanley lets clients use donor-advised funds focused on drug discovery Morgan Stanley is teaming up with the Harrington Discovery Institute to let clients make targeted donations to help fuel the creation of new treatmen...
2019-06-05, 01:52

Investing opportunities are expanding for the LGBTQ community In a reflection of the progress LGBTQ Americans have made, the range of investment products tailored to their concerns has also been growing in scope...
2019-06-04, 17:13

James Holzhauer of 'Jeopardy' fame likely owes $1.2 million in taxes "Jeopardy" champion and professional sports bettor James Holzhauer lost in his 33rd episode of the TV game show, which aired on Monday, finishing $58...
2019-06-04, 10:13

This is the age when it becomes embarrassing to live with your parents There's now less stigma around living with your parents into your 20s. A new survey from TD Ameritrade finds that age 28 is when it starts to be...
2019-06-04, 10:13

Are you covered for a flood? It's time to check any risk for summer storm damage The next six months are when the risk is greatest for major storms to develop and reach the U.S. Homeowners should evaluate their insurance coverage ...
2019-05-31, 22:52

Home Buyers See Signs of Relief This Spring Price increases are slowing. There are more properties for sale. And mortgage rates are low. Still, much depends on what kind of house you want, and ...
2019-05-31, 19:39

Here's how to navigate NYC's new cashless subway and bus option As of Friday, May 31, some New York City subways and buses will let riders tap a contactless bank card or their mobile wallet at some turnstiles to p...
2019-05-31, 16:52

Costco is looking at alternative sourcing and price hikes as tariffs loom Costco reported profit and revenue that beat Street estimates and said it would tackle the proposed round of tariffs on Chinese imports by sourcing g...
2019-05-31, 15:39

Retirement savings rate improves when workers get help with whole financial life, study suggests A new report shows that workers who used a financial wellness benefit for five years fare better in a variety of financial areas overall than those w...
2019-05-31, 15:26

Tucked away in this retirement bill is a provision to ease college students' tax burdens Tucked away in the retirement bill is a provision that would lighten the tax load on Gold Star families and recipients of taxable scholarships. Here&...
2019-05-31, 15:26

Serial entrepreneur Gary Vaynerchuk reveals the investment secret that made him millions Gary Vaynerchuk, an early investor in Tumblr, Twitter and Snap, says he has made millions investing instinctively by zeroing in on brands he truly li...
2019-05-30, 20:13

Dollar General's strong same-store sales, profit beat lift shares Dollar General beat analysts' estimates for quarterly same-store sales, as customers spent more on groceries, seasonal products and home goods a...
2019-05-30, 16:26

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading ...
2019-05-30, 16:26

This is the Number 1 benefit new college grads seek at work — and it's not debt repayment Retirement plan matches and even student loan assistance all take a backseat to the granddaddy of workplace benefits: health insurance. Those are the...
2019-05-29, 19:13

Have your first $1,000 to invest? Don't even think about the stock market Looking for a hot stock tip to get started on growing your wealth? Have your first $1,000 to invest in the market but not sure where to put it? Here&...
2019-05-29, 19:00

Here's how advisors help clients stay on top of health-care costs in retirement From reviewing medications for cheaper alternatives to trying to pinpoint a client's spending instead of ballparking it, some advisors look clos...
2019-05-29, 15:26

Four ways to get the most out of your 529 college savings plan By now, everyone's familiar with the $1.4 trillion student debt crisis. However, many parents aren't familiar with a tool that can curb bor...
2019-05-29, 15:26

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of...
2019-05-29, 14:52

Dick's Sporting Goods shares soar on earnings beat, retailer hikes outlook Shares of Dick's Sporting Goods jump after the sporting-goods retailer reports quarterly earnings that top analysts' estimates, and raises ...
2019-05-29, 14:52

This is four-time NBA champ John Salley's No. 1 money rule "Go for success, figure out how to do something that will make you happy while doing it, and the caveat is money comes along with it," says NBA star-...
2019-05-28, 20:00

Real estate investor makes $11,875 a day in profit on Koenigsegg supercar he owned for five months When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quick...
2019-05-25, 16:39

Botched your tax withholding in 2018? It's about to get more complicated The days of hazarding a guess at your tax withholding are over. The IRS will soon release a draft of its new Form W-4 for 2020. Employees may need to...
2019-05-25, 16:13

'American Ninja Warrior' host Akbar Gbajabiamila's top strategy for overcoming fear Is fear getting in your way when it comes to saving and investing? Akbar Gbajabiamila, co-host of NBC's "American Ninja Warrior," has some advic...
2019-05-24, 16:00

Americas private banking debate: Internationalization is the future Wealthy clients increasingly need international products and services. The opportunities are clear for those who can stomach the regulatory hurdles o...
2019-05-24, 15:13

Bipartisan retirement bill clears House, moves closer to becoming law The Secure Act will head to the Senate, where a similar bill awaits committee action. Differences in the two bills would need to be worked out before...
2019-05-23, 19:39

Millions of Americans are only $400 away from financial hardship. Here's why A majority of American adults say they are living comfortably, according to an annual Federal Reserve study on financial well-being of households. Bu...
2019-05-23, 19:39

Ignoring this client asset may become an advisor's nightmare With the right planning, a cash value life insurance policy can help supplement income in retirement. But if you ignore it, loss of coverage and a ra...
2019-05-23, 19:39

For military families living on the financial edge, money matters are complicated Personal finance can be tricky for military families dealing with frequent moves and lower income, not mention the stress of deployment to often dang...
2019-05-23, 14:52

Bay Area techies plan to ditch San Francisco for these 5 cities: Survey Even the tech crowd thinks San Francisco is too expensive for homeownership. That's according to the findings from a recent survey by robo-advis...
2019-05-22, 19:39

Vans owner VF Corp forecasts 2020 revenue below estimates, shares fall Apparel maker VF Corp exceeded Wall Street's quarterly sales expectations, boosted by higher demand for its Vans sneakers and outdoor wear brand...
2019-05-22, 15:52

Financial advisors are more stressed out than their investor clients, study finds A recent survey found that financial advisors are more stressed out than their investor clients. Asked to evaluate stress levels in their lives, 71% ...
2019-05-22, 15:26

Do you consider your home a great investment? Think again Your home may be many things. A place to raise your family. An opportunity to put down roots. But one thing it is not is a great investment, accordin...
2019-05-22, 15:26

Before Deciding on a College, Look Closely at the Financial Aid Letter Schools are not required to use the same terminology in their offers. And an “award” could mean a grant — or a loan. “Celebrate,” one expert says. “T...
2019-05-21, 23:52

‘Medicare for All’ Is Hammering Health Care Stocks. For Now. The popularity of proposals for a government-run, single-payer system among Democratic presidential candidates has hurt health care stocks, despite t...
2019-05-21, 23:52

4 Tax Strategies That Could Make a Divorce Settlement Easier Divorce negotiations are never easy, and they became more complicated this year, thanks to the tax overhaul. Here are four tips for taxpayers to cons...
2019-05-21, 23:52

Notre-Dame Donation Backlash Raises Debate: What’s Worthy of Philanthropy? Philanthropic experts said they were not shocked by what seemed like an ungrateful response to the money raised to restore the cathedral, but few agr...
2019-05-21, 23:52

Investing for Social Impact Is Complicated. Here Are 4 Ways to Simplify It. Many organizations measure the effect of investments meant to spur positive change, but the metrics they use, and their results, vary. Several are tr...
2019-05-21, 23:52

A Quirk of the Calendar Is Messing With Stocks Erasing the 2007-2009 bear market from 10-year stock returns has made ‘long-term’ performance look stellar, even though recent returns are unexceptio...
2019-05-21, 23:52

How Loopholes Help Trump and Other Real Estate Moguls Avoid Taxes The ability to deduct business losses against income tax is common. But there are myriad other benefits, all legal, created specifically for commerci...
2019-05-21, 23:52

Beware of Credit ‘Repair’ Companies, Consumer Watchdogs Say Anything these companies can do, people can do for themselves at no cost. Federal regulators recently filed suit against two of the biggest companies...
2019-05-21, 23:52

Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this i...
2019-05-21, 23:52

AIG shares jump as profit beats on strong underwriting and lower costs Insurer AIG reported first-quarter earnings that trounced Wall Street estimates, as its general insurance business posted its first underwriting prof...
2019-05-21, 15:26

Pioneer Natural profit beats, takes 'Permian pure play' tag with asset sale Pioneer Natural Resources beat Wall Street estimates for quarterly profit, and said it sold its Eagle Ford and remaining assets in South Texas to bec...
2019-05-21, 15:26

Lyft has been a train wreck of a stock. Now it's about to report its first big earnings loss Lyft shares are down 30% since its trade debut, and now the rideshare firm is preparing for another first: earnings as a public company. While its pa...
2019-05-21, 15:26

Mallinckrodt stock swings up 16%, then down, after drugmaker raises 2019 profit outlook Mallinckrodt Pharmaceuticals rose as much as 16.4% but opened lower after first-quarter earnings beat projections and the company raised its guidance...
2019-05-21, 15:26

Mylan quarterly revenue misses estimates, shares fall Drugmaker Mylan missed Wall Street estimates for quarterly revenue, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dol...
2019-05-21, 15:26

Papa John's swings to a loss as fallout from spat with founder weighs on profits Papa John's reported first-quarter net loss of $3.80 million, or 12 cents per share, down from a net income of $17.4 million, or 52 cents per sh...
2019-05-21, 15:26

Honda forecasts 6% rise in annual profit on Europe factory revamp Honda Motor forecast a 6% increase in operating profit for the current fiscal year due to cost reduction efforts and a restructuring of its productio...
2019-05-21, 15:26

Toyota operating profit growth to drop this year on revenue slip Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and Nort...
2019-05-21, 15:26

Sprint loses more phone subscribers than feared in the fourth quarter Wireless carrier Sprint on Tuesday reported greater-than-feared losses in phone subscribers who pay a monthly bill, as the company struggled to keep ...
2019-05-21, 15:26

Symantec CEO Greg Clark steps down, stock drops Shares of security company Symantec fell Thursday after the company said its CEO, Greg Clark, has stepped down. The company is looking for a replacem...
2019-05-21, 15:26

Tencent Music charges for more content as paying users drive profit beat China's Tencent Music Entertainment Group said it had started charging for more of its content in the first quarter as the popularity of its pay...
2019-05-21, 15:26

Deere blames escalating trade war for worsening outlook An escalating trade war between the U.S. and China threatens to hit U.S. exports of key commodities, hurting farm incomes and demand for Deere's...
2019-05-21, 15:26

Lumentum says it's halting all Huawei shipments; cuts its quarterly forecast Mobile phone parts producer Lumentum on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei, following export re...
2019-05-21, 15:26

Advisors need to know the pros and cons of annuities Annuities are a long-term play for both the client and the advisor. Think about these key considerations when you recommend a fixed, variable or inde...
2019-05-21, 14:52

Here's why Sens. Schumer and Sanders are wrong on stock buybacks Two U.S. senators criticized $4 trillion in share buybacks from 2008 to 2017. It is important to understand this cash did not vaporize, nor did it be...
2019-05-21, 14:52

Own a home? How you can get some tax-free income this summer Travel season is about to heat up. Here's what you should know if you want to rent out your dwelling to vacationers and reap a windfall on the s...
2019-05-21, 14:52

3 steps to determine whether you've earned the right to invest You'll have to tidy up your finances before you can start investing, says Douglas A. Boneparth, president of Bone Fide Wealth in New York. Where...
2019-05-21, 14:52

Consumer watchdog sues law firm that filed 99,000 debt-collection suits The Consumer Financial Protection Bureau's complaint against a New York debt-collection law firm alleges that its attorneys signed off on tens o...
2019-05-21, 14:52

Want to invest like Warren Buffett? Here are the ins and outs of buying preferred stock Warren Buffett's latest deal involves the preferred stock of Occidental Petroleum. Here's what that means and when it could be a good optio...
2019-05-21, 14:52

Billionaire to graduating college students: My family is going to eliminate your student loans Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift i...
2019-05-21, 14:52

Advisors create a game plan to prepare clients for this retirement expense With premiums skyrocketing on insurance policies designed to cover long-term-care costs, financial advisors are turning to a variety of other options...
2019-05-21, 14:52

Black households try to close wealth gap by chasing higher returns Black investors are trying to close the wealth gap and feather their retirement nests should avoid taking on too much risk to speed their savings rat...
2019-05-21, 14:52

Here's what to do if the US-China trade war ignites layoffs The trade war with China and rising pressure on manufacturers and retailers are bringing a new worry: layoffs. Here's how to manage if you lose ...
2019-05-21, 14:52

You can use Jack Bogle's investing strategy and keep a socially responsible focus The traditional S&P 500 index fund may not work for you if you want to invest with environmental or social causes in mind. But themed index funds mig...
2019-05-21, 14:52

Your Money Adviser: Before Deciding on a College, Look Closely at the Financial Aid Letter Schools are not required to use the same terminology in their offers. And an “award” could mean a grant — or a loan. “Celebrate,” one expert says. “T...
2019-05-21, 14:39

Strategies: ‘Medicare for All’ Is Hammering Health Care Stocks. For Now. The popularity of proposals for a government-run, single-payer system among Democratic presidential candidates has hurt health care stocks, despite t...
2019-05-21, 14:39

Wealth Matters: 4 Tax Strategies That Could Make a Divorce Settlement Easier Divorce negotiations are never easy, and they became more complicated this year, thanks to the tax overhaul. Here are four tips for taxpayers to cons...
2019-05-21, 14:39

Wealth Matters: Notre-Dame Donation Backlash Raises Debate: What’s Worthy of Philanthropy? Philanthropic experts said they were not shocked by what seemed like an ungrateful response to the money raised to restore the cathedral, but few agr...
2019-05-21, 14:39

Wealth Matters: Investing for Social Impact Is Complicated. Here Are 4 Ways to Simplify It. Many organizations measure the effect of investments meant to spur positive change, but the metrics they use, and their results, vary. Several are tr...
2019-05-21, 14:39

Strategies: A Quirk of the Calendar Is Messing With Stocks Erasing the 2007-2009 bear market from 10-year stock returns has made ‘long-term’ performance look stellar, even though recent returns are unexceptio...
2019-05-21, 14:39

Your Money: Trash, the Library and a Worn, Brown Table: The 2019 College Essays on Money Each year, we ask high school seniors to submit college application essays they’ve written about work, money, social class and related topics. Here a...
2019-05-21, 14:39

Wealth Matters: How Loopholes Help Trump and Other Real Estate Moguls Avoid Taxes The ability to deduct business losses against income tax is common. But there are myriad other benefits, all legal, created specifically for commerci...
2019-05-21, 14:39

Your Money Adviser: Beware of Credit ‘Repair’ Companies, Consumer Watchdogs Say Anything these companies can do, people can do for themselves at no cost. Federal regulators recently filed suit against two of the biggest companies...
2019-05-21, 14:39

Baby T-Rex fossil listed for sale on eBay for $3 million The eBay listing, last updated on Tuesday, claims the artifact is "most likely the only baby T-rex in the world," adding that the specimen has a 15-f...
2019-05-21, 14:39

America's wealthy investors say Fed-induced stock rally has plenty of life left — maybe years Millionaire investors began 2019 worried about the market, but as the Fed's about-face on interest rates takes hold as the new normal in monetar...
2019-05-21, 14:39

Talking money with Suzy Welch: 'You don't have to be an expert to get into the market' Investing is a great way to grow your money, but the fear of not knowing enough about the market and losing money tends to scare people off. But life...
2019-05-21, 14:39

Melinda Gates: Capitalism needs work, but it beats socialism and the US is 'lucky' to have it Melinda Gates, in an interview with CNBC's Becky Quick, says people living in developing countries "want to live in these types of capitalistic ...
2019-05-21, 14:39

FBI and US attorney question JetSmarter customers Customers of JetSmarter say they have been questioned about the private jet company's business practices and communications. The scope and natur...
2019-05-21, 14:39

It's not just Warren Buffett who's bullish on post-Brexit Britain A majority of wealthy U.K.-based investors see an economic upside for the U.K. despite uncertainty surrounding its withdrawal from the EU, according ...
2019-05-21, 14:39

Big win for Robert Kraft: Judge bars massage parlor video from use at prostitution solicitation trial The videos are the key — and potentially only — pieces of evidence that prosecutors have against Kraft to sustain their charges of soliciting prostit...
2019-05-21, 14:39

Gay pilots? Muslim quarterbacks? There's a financial advisor focusing in on every niche customer Only 15 percent of financial advisors specialize in niche clients but they account for a third of advisor assets. A look at five niche practice areas...
2019-05-21, 14:39

Metropolitan Museum of Art says it will no longer accept gifts from Sackler family The moves comes after other leading cultural institutions, including the Guggenheim in New York and the Tate in London, said they would cut ties with...
2019-05-21, 14:39

The government, the biggest cause of the student loan crisis in the US, needs to fix this problem Governments need to find the resources to help families make smarter financial decisions about college during children's high school years. That...
2019-05-21, 14:39

The wealthiest investors are ramping up on this asset Even if you're a millionaire, cash is king. Investors in TIGER 21, a group of individuals with at least $10 million to invest, stepped up their ...
2019-05-21, 14:39

Millennials need to get off the sidelines and start investing now Despite the many benefits of investing early and often, too many millennials sit on the sidelines because they worry about the risk of a repeat of th...
2019-05-21, 14:39

Global private banking debate: Trust, scale and security key factors in a digital world Meeting the needs of high net-worth families is more challenging and fascinating than ever. Private banks are investing in new forms of digital commu...
2019-05-21, 14:39

Societe Generale Private Banking (SGPB): Embracing phygitalization Over the last five decades, Societe Generale has been synonymous with innovation, says Jean-François Mazaud, Head of the group’s private banking...
2019-05-21, 14:39

Asia private banking debate: Great opportunities in Asia Asia offers a unique client set of young entrepreneurs; it also offers the challenge of new generations inheriting wealth with different expectations...
2019-05-21, 14:39

Societe Generale Wealth & Asset Management activities: Setting new standards in SRI and ESG "Our primary mission is to protect our clients’ wealth. How they can as well invest in a positive and sustainable way is more and more at the centre ...
2019-05-21, 14:39

India’s wealth managers find profit in the provinces The face of wealth management in India is changing, as vast fortunes are made by young digital disruptors and as private banks venture out of the mai...
2019-05-21, 14:39

50 Years of Private Banking - A Special Report Euromoney Magazine has charted the birth, growth and maturity of the global private banking industry over 50 years. This special report is the distil...
2019-05-21, 14:39

Private banking across the decades Euromoney’s coverage of private banking since our launch in 1969 reflects the changes in the industry itself. The first 30 years were dominated by Sw...
2019-05-21, 14:39

Private banking: Who stays in Asia, wins in Asia For many private banks that set up in Asia in the last decade, the cost of doing business kept them locked out of the vast expansion of wealth in the...
2019-05-21, 14:39

Private banking architects: Jürg Zeltner – the pioneer of the CIO Jürg Zeltner, former chief executive of UBS Wealth Management, explains how the chief investment office was born out of chaos. Its introduction ...
2019-05-21, 14:39

From private bank client to farmer: a Chinese model of social lending Financial services group CreditEase runs an app through which its private banking clients can be connected to needy women farmers in China’s rural in...
2019-05-21, 14:39

Private banking architects: Mark Branson – the man who cleaned up private banking Mark Branson, chief executive officer of Swiss financial regulator Finma, talks to Euromoney about how tax transparency has changed the trajectory of...
2019-05-21, 14:39

Private banking architects: Mary Callahan Erdoes – broadening clients’ investment horizons Mary Callahan Erdoes of JPMorgan speaks to Euromoney about being the port in the storm during the financial crisis and opening up the private wealth ...
2019-05-21, 14:39

Private banking architects: Tan Su Shan – leading the charge for Asia’s wealthy Tan Su Shan has led DBS’s efforts to become the leading home-grown bank for wealth management in Asia, during a decade in which the number of billion...
2019-05-21, 14:39

Private Banking and Wealth Management Survey 2019: Results Index More than 2,000 private bankers took part in the 2019 Euromoney private banking survey. See who’s up and who’s down globally, regionally and by count...
2019-05-21, 14:39

Women in private banking: Why we need a new normal Wealth management was built by men for men, but now that women will become the largest beneficiaries of the $30 trillion intergenerational wealth tra...
2019-05-21, 14:39

Private banking: Wealthtech 2.0 – when human meets robot If there was ever a risk of client advisers being replaced by robots, that danger has now passed. Today both robo-advisers and large wealth managers ...
2019-05-21, 14:39

Wealth management: The Next Generation The last 20 years of private banking have been all about building scale, international growth and professionalization; the top wealth managers are st...
2019-05-21, 14:39

Private Banking Awards Dinner 2019 Euromoney’s Private Banking Awards are the most prestigious in the growing area of wealth management. They cover over 60 countries each year, as well...
2019-05-21, 14:39

Private banking: Wealth becomes exciting again in Brazil After so long, private bank clients and even retail investors are no longer happy with the returns from government bonds; instead, they are searching...
2019-05-21, 14:39

Why private capital will dominate markets for the decades to come Big pools of private capital, led by sovereign wealth funds, private equity sponsors and family offices, now dominate capital formation in the key gr...
2019-05-21, 14:39

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of...
2019-05-21, 14:39

Wealth management: Bank of Morgan Stanley Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – wha...
2019-05-21, 14:39

Societe Generale Private Banking: Building a pan-European footprint Societe Generale has had a presence in Luxembourg since 1893, making it the oldest foreign bank in the Grand Duchy. As well as being one of the marke...
2019-05-21, 14:39