Many of us daydream about retiring early — and then assume that we can’t. It’s true that if you’re way behind in saving up for retirement, you may have to toil far longer than you’d like. But early retirement is more possible for many people than they think, and Social Security can be a big help […]
The turkey has been gobbled up, the leftovers packed up … so now it’s time to shop! The winter holidays are here, and that means consumers are ready to spend. This year, holiday retail is expected to reach $682 billion, according to the National Retail Federation. According to a report from NerdWallet, the average consumer will spend […]
Senate plan lets mutual funds skip a tax change that hurts individual investors Tim Steffen discusses Senate tax bill provision that impacts investors 4:36 PM ET Fri, 17 Nov 2017 | 01:04 Following a backlash, the Senate Finance Committee has decided a proposal to prevent investors from minimizing taxes will no longer apply to mutual […]
Is The Stock Market Open The Day After Thanksgiving? After a day off for Thanksgiving, is the stock market closed for Black Friday as well? No, but it’ll only be open for a few hours. The Nasdaq and New York Stock Exchange both shutter at 1 p.m. ET, giving you a two-and-a-half day trading break. […]
Amazon CEO Jeff Bezos knows what it takes to build a business worth billions and he has his grandfather to thank for part of his success.
Federal Communications Commission chair Ajit Pai is adding yet another item to his to-do list. On top of cancelling broadband-privacy and net-neutrality rules, boosting rural broadband and battling robocalls, he wants to make media mergers easier. In a post on the FCC’s site, Pai described this latest ambition as “modernizing our media ownership rules to reflect the marketplace of the present, […]
Roku (ROKU), Snapchat parent Snap (SNAP) and Sogou (SOGO) are all 2017 IPOs, but with different chart action. Roku skyrocketed 70% last week on its first-ever quarterly report since coming public. Snap crashed on yet another disappointing quarter as it struggles vs. much-larger Facebook (FB). Sogou, a Chinese search engine from Sohu (SOHU), had a solid first two days after pricing at the high […]
SEB CEO says productivity is key to ensuring banks grow Nordea CEO predicts half of bank jobs to vanish in 10 years Nordea Bank in Helsinki. Photographer: Vesa Moilanen/AFP via Getty Images Will every second banker lose his or her job in the next decade? The answer to that question is probably “yes,” according to the […]
Well-known author Michael Lewis offers up some sharp words on how Trump has performed one year into the presidency. Lewis tells TheStreet that Trump did do something good in selecting Jerome Powell to lead the Federal Reserve. How the stock market has performed during Trump’s first year in office has borderline shocked Michael Lewis. “If […]
Dear Moneyoloigst, I am 27 years old and a real estate agent in New York City. Lately, I have found myself really thinking about what to do with a sum of money that’s coming in to me from a couple of real estate closings next month. For the past 2 years I have ramped up […]
What it’s like for a student to meet the Oracle of Omaha Several times a year, Warren Buffett invites business students to Omaha, Neb., to listen to the Oracle himself. In mid-October I attended this event along with students from 10 universities and business schools. We met Buffett at the Hilton hotel in downtown Omaha, […]
If you’re a millennial looking to buy a home, put on your boxing gloves: The market is competitive. August housing sales fell to a 2017 low, dropping 3.4% from July’s numbers, according to the US Census Bureau. But while there are fewer homes on the market, there are more people looking to buy. This means the […]
