March 20, 2018, 6:02am Business
In the 1950s, America’s “Big Three” automakers (General Motors, Ford and Chrysler) were the pacesetters for our industrial dominance. They had the skilled workers, financing, mass production technology, sales networks, supply chains and customer base. In short, they had it all. Read story
March 19, 2018, 6:05am Business
A key policy change by mortgage giant Fannie Mae that offered homeownership to thousands of new buyers — many of them minorities — could face significant cutbacks. The reason: Private mortgage insurers are rethinking their decisions to participate. Read story
March 18, 2018, 6:00am Business
Dear Mr. Berko: In 2009, when I was 78, I had $70,000 in cash to invest long term for my grandchildren. I wrote to you for advice after my stockbroker had me invest $10,000 in each of the following stocks: Signet Jewelers at $6, Costco at $44, Macy’s at $12,… Read story
March 17, 2018, 6:05am Business
Dear Mr. Berko: My spouse and I are both in our early 60s, and we have $10,000, with the hope of being able to get an 8 to 9 percent return. I know this may be a high reach because we don’t want to own any volatile issues. If there… Read story
March 16, 2018, 6:02am Business
IRS says it has refunds worth $1.1 billion just waiting to be claimed. Read story
March 14, 2018, 6:00am Business
I purchased my first home in my early 20s. Read story
March 13, 2018, 6:06am Business
This St. Patrick’s Day, the Irish have lots to celebrate. Ireland is cleaner, greener and more prosperous. Read story
March 12, 2018, 6:08am Business
It’s official: Despite widespread fears to the contrary, the IRS has clarified that last year’s big tax bill did not kill all interest deductions on home equity lines of credit (HELOCs) and equity loans. Read story
March 11, 2018, 6:00am Business
Dear Mr. Berko: I got a $10,000 bonus from my employer in January and put it with a broker in early February. He has made four trades, including a biotech stock with a funny name I’ve never heard of. My account is now worth $12,200. He said if he had… Read story
March 10, 2018, 6:00am Business
Dear Mr. Berko: What happened to Newell? I bought 500 shares at $43 in September 2017. My broker tells me to sell the stock and take a loss and wants me to put the proceeds in American Funds New Perspective. Your advice would be appreciated. Read story