America is slipping backward, if you buy the angry rhetoric from this year’s presidential campaign. The rich are getting richer, the middle class can barely make it and the ranks of the poor are swelling. Except the numbers tell a...
Retail sales rise more than forecast in May after April surge Brexit also restraining Fed this month and maybe in July American consumers weren’t letting a slowdown in hiring prevent them from going on a shopping spree. Retail sales increased...
Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter. Private-equity firm TPG was also expected to submit a second...
Europe’s benchmark government yield surpasses its 2015 low Slowdown in U.S. labor market, U.K. referendum adding to risks Germany’s 10-year bond yield fell to a record low amid a surge in demand for the safest fixed-income assets. The securities, which...
The International Monetary Fund has predicted that inflation in Venezuela will hit 720% this year. That might be an optimistic assessment, according to some local economic analysts, who expect the rate to reach as high as 1,200%. A sharp drop...
How do you solve a problem such as insurance? Do you have a minute to talk about your death? It isn't easy to sell life insurance. Investing in a mutual fund, you feel like you’re saving money. Purchasing insurance, you feel...
Researchers cite less desired to settle down, declining employment among young men. For the first time in the modern era, young adults are more likely to live with their parents than with a spouse or partner, according to a new...
Still reeling from revelations that forced the resignation of its founder and chief executive, Lending Club said on Monday that it had received a subpoena from the Justice Department. The company, which serves as an online matchmaker between small-business borrowers...
Palo Alto homes of more than $5 million taking longer to sell Fewer Chinese buyers, stock-market turmoil fuel the decline A custom-built home in the heart of California’s Silicon Valley had its price cut by $500,000 last week after sitting on the...
In May of last year, Renaud Laplanche, the head of a fast-growing fintech company that had five months earlier listed on the New York Stock Exchange at a valuation of almost $9 billion, hosted a gaggle of clients and journalists...
A slew of housing data reports in the last week painted a hazy picture of the overall national market. But one clear message emerges from the fog: The West is showing some cracks. Pending home sales increased for the second...
Whether Craig Steven Wright is the creator of bitcoin that he claims to be, a potentially more important mystery remains: Where is the substantial pile of the initial digital currency he is believed to own and does the inventor plan...
Puerto Rico is dialing 9-1-1 for any help it can get. The island was unable to make a $422 million debt payment due Monday. It's another alarm bell of how bad the situation is getting on the island. Governor Alejandro...
The short answer is nowhere, assuming that by safe you mean an investment that will provide the return you seek without subjecting your principal to the possibility of loss. Indeed, it's safe to say you won't find any investment today...
Retirement is a major accomplishment. But you also have to decide what to do next. While the newfound freedom is exhilarating, many people don't know what to do with themselves in retirement. In many ways, retirement is like starting a...
