Sep 14 Poll: Number of Americans who self-identify as poor doubles in 15 years New findings about the economy surfaced in a poll released this week by the Wall Street Journal and NBC news. ? Graphic: NewsHour Weekend Responses to the question "What worries you the most?" included some familiar concerns: access to… Continue reading
Sep 13 A new tax to raise money for the US and slow high-frequency trading With Congress dueling over spending plans ahead of the Oct. 1 deadline to avert a government shutdown, Mark Rosenman makes the case for a new revenue-generating measure: a financial transaction tax. Photo courtesy of Jewel Samad/AFP via Getty Images. Continue reading
Sep 13 A New Tax to Raise Money for the US and Slow High-Frequency Trading By Mark Rosenman A financial transaction tax would generate money for the country and curb high-speed trading. Photo courtesy of Jewel Samad/AFP via Getty Images. Paul Solman: We first met Mark Rosenman, director of Caring to Change and a… Continue reading
Sep 12 An 8.3 Percent Return on Your Money, Guaranteed for Life? What's the best retirement deal on the market? Single Payment Immediate Annuities give you a safe return on your money -- for life. Lew Mandell, author or "What To Do When I Get Stupid," explains. Photo courtesy of flickr user… Continue reading
Sep 12 An 8.3 Percent Return on Your Money, Guaranteed for Life? By Lew Mandell Annuities can give you a safe return on your money -- for life. Photo courtesy of flickr user 401K. Paul Solman: "Financial ability peaks at age 53," Lew Mandell points out. So "now what?" he asks. Continue reading
Sep 12 SEC chair meets with stock exchange heads to discuss Nasdaq glitch Photo: Flickr user bfishadow. Security and Exchange Commission chair Mary Jo White met with the heads of the major U.S. stock exchanges Thursday morning, to discuss an Aug. 22 incident that halted NASDAQ trading. Continue reading
Sep 11 The Pernicious Myth that You Don't Need College to Be an Entrepreneur By Vivek Wadhwa Vivek Wadhwa criticizes the Thiel Fellowship program started by Peter Thiel, above, which funds and mentors select young entrepreneurs who drop out of college. Photo courtesy of Flickr user Suzie Katz via Creative Commons. Continue reading
Sep 11 The Pernicious Myth that You Don't Need College to Be an Entrepreneur By Vivek Wadhwa Peter Thiel, who funds and mentors young entrepreneurs, speaks at a TEDx conference in Silicon Valley. Photo courtesy of Flickr user Suzie Katz via Creative Commons. Paul Solman: Our friend Vivek Wadhwa, last seen on this page tolling the… Continue reading
Sep 10 Speak Finnish to Save Money? .embed-container { position: relative; padding-bottom: 2.25%; padding-top: 30px; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Video by Fractl , the… Continue reading
Sep 09 The High Cost to Your Family of Filing for Social Security at 62, Even If You Need the Money By Laurence Kotlikoff Even if you're strapped for cash now, it's worth making some lifestyle changes, like picking up another job or downsizing, to delay collecting Social Security retirement and spousal benefits and to preserve their higher value for later in life when… Continue reading