Industry took advantage of second-warmest period on record ​Gains helped by home improvements, boosting employment If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company. Americans’ spending on residential construction projects — from...
I’ve been offering financial advice professionally for nearly 40 years. I’m also a millionaire several times over. During my decades in the trenches, I’ve heard every conceivable piece of financial advice, acted on many and offered some of my own....
Naysayers point to decline that followed steep climb in 2013 Dot-com bubble and tulip craze show past market corrections Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, skeptics say. The digital currency’s more than 100 percent surge in...
ANZ Group Asia research head warns of negative feedback loop Move to particularly hurt airlines, shipping companies The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas...
President Trump released his proposed budget for 2018 on Tuesday that includes a $3.6 trillion cut in government spending over the next decade. Proposed changes to current education programs could impact financial aid and access to loans and repayment options for millions...
There are some steps even first-time job seekers know to take ahead of formally seeking out new employment opportunities: Brush up your resume. Update your references. Flesh out your LinkedIn profile. Clean up your other social media accounts. Network. It’s...
Holding onto stock shares for fear of a big tax bill? Think again. If you can manage your income right, you may not have to pay any taxes at all when you sell. Could your capital gains bill be lower...
One of the key pieces to retirement planning is understanding when and how much you can withdraw from your account. Your individual retirement account comes with rules about when you can withdraw money and how much you must withdraw each year. Understanding...
Costs up more than 20% in three states that have posted rates Doubts about mandate raise premiums, health insurers say Health insurers are asking for sharp increases in the cost of their Obamacare plans next year, thanks to instability in...
I often hear clients talk about having a trusted advisor. I am not sure what they mean. Bernie Madoff was a trusted advisor for some very wealthy names. He has now become the icon of wealth advisor that should not have been...
Your 30s can be an exciting but challenging decade. While you may be advancing your career and earning more money, you’re also likely juggling more financial responsibilities. Many in this age group are married, given the median age at first...
The First Seventy Days During the first seventy days of the Trump administration, the President took aim at several initiatives with little success. The executive order on immigration and healthcare legislation were both unsuccessful, and Wall Street is taking notice....
The best offense sometimes really is a good defense. That sports maxim can be applied to personal finances, too. Devastating losses — whether from poor investments, excessive fees, fraud or something else — can delay reaching your financial goals by years. Yet...
U.S. auto sales trailed estimates, with Kia Motors Corp. and Ford Motor Co. reporting some of the biggest declines, as heavy incentive spending failed to contain plunging demand for sedan and compact models. Carmakers’ shares fell. Combined deliveries for Kia...
Here's an overview of how much money Americans make, owe, and save. How much money does the average American earn? How much do they owe? And how much do they pay in taxes? Here are 10 statistics that answer these...
