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Monday,  November 25 , 2024

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Hiltzik: Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure

August 15, 2022, 5:34am Business

In September last year, Alex Mashinsky was riding high. Read story

More than 15 years after the start of the nudge revolution, where policy makers thought they could coax people into more desirable behavior, the evidence is in on how well this is working.

Commentary: The fatal flaw in your retirement plan’s target date funds

More than 15 years after the start of the nudge revolution, where policy makers thought they could coax people into more desirable behavior, the evidence is in on how well this is working.

August 14, 2022, 5:27am Business

There was a major development in 2006 that transformed how Americans invest for retirement. It solved one problem, but created another that will be causing extra pain to people who retire in this economy. Read story

Weston: 3 ways to fight inflation and win the long game

August 12, 2022, 7:40am Business

Inflation is scary. Groceries, gas, airfare, car purchases, utilities : In so many areas, your buying power is shrinking as prices continue to rise. Read story

NerdWallet: What Medicare Part A’s belly-up date means for you

August 10, 2022, 7:38am Business

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s… Read story

Millennial Money: When is it OK to be selfish with money?

August 9, 2022, 7:28am Business

Amid rising inflation, interest rates and recession worries, money is getting tighter for many folks — and probably for you. Yet there may be charitable organizations you want to support, friends or family asking for financial help and things you want to buy for yourself. It’s possible to do these… Read story

Socially responsible investing 2022: How to get started in 6 steps

August 8, 2022, 8:08am Business

If you want to put your dollars into causes you care about, one of the easiest ways to get started is through socially responsible investing. The strategy prioritizes financial return with the caveat that the money is invested to fuel positive change in three key areas: environmental, social and corporate… Read story

Students at Marshall University in Huntington, West Virginia.

Is college worth the cost? 85% of Gen Z student loan borrowers would have done something different

Students at Marshall University in Huntington, West Virginia.

August 8, 2022, 6:02am Business

Rising tuition costs, increasing student loan interest rates and a higher cost of living in the U.S. has left potential college students questioning the value of a college degree. Many students regret how much student loan debt they took out for their education; in a Bankrate survey about student loan… Read story

Wine is poured as staff members prepare a five-course dinner during a VIP event at 8899 Beverly, one of the most exclusive condo residences ever built, on June 15, 2022, in West Hollywood, California.

Steve Lopez: A $50 million condo for sale in the land of tents is a special kind of LA crazy

Wine is poured as staff members prepare a five-course dinner during a VIP event at 8899 Beverly, one of the most exclusive condo residences ever built, on June 15, 2022, in West Hollywood, California.

August 8, 2022, 5:00am Business

Just when we thought the real estate market had cooled, along comes evidence that in the land of make-believe, there is no ceiling. Read story

NerdWallet: What Equifax’s credit score errors mean for consumers

August 7, 2022, 6:00am Business

Equifax, one of the three major credit bureaus, announced that a computer coding error resulted in the miscalculation of credit scores for consumers in a three-week period between March 17 and April 6. For 300,000 consumers, the error shifted credit scores as much as 25 points. The changes to credit… Read story

FILE - Screens display end-of-day trading results at the New York Stock Exchange on May 12, 2022, in New York. A longstanding rule of thumb holds that a recession occurs when the economy shrinks for two consecutive quarters. On Thursday, July 28 the government will report gross domestic product, the broadest measure of the nation's output of goods and services, for the April-June quarter. Some economists forecast it will show the economy shrank -- for the second quarter in a row.

EXPLAINER: How do we know when a recession has begun?

FILE - Screens display end-of-day trading results at the New York Stock Exchange on May 12, 2022, in New York. A longstanding rule of thumb holds that a recession occurs when the economy shrinks for two consecutive quarters. On Thursday, July 28 the government will report gross domestic product, the broadest measure of the nation's output of goods and services, for the April-June quarter. Some economists forecast it will show the economy shrank -- for the second quarter in a row.

August 5, 2022, 7:44am Business

The U.S. economy has contracted for two straight quarters, intensifying fears that the nation is on the cusp of a recession — if not already in one — barely two years after the pandemic recession officially ended. Read story