Graduating seniors line up to receive their diplomas during Commencement at Wellesley College in Wellesley, Massachusetts, U.S., May 26, 2017. REUTERS/Brian Snyder (The Jan. 10 story was refiled to clarify description of Sallie Mae as a student loan lender ins... More »
FILE PHOTO: Hands are held in Sun City, Arizona, January 2013. REUTERS/Lucy Nicholson CHICAGO (Reuters) – Finding a safe, high-quality nursing home for a loved one is never an easy task. Complicated decisions often are made at a moment of emotional crisis and ... More »
FILE PHOTO: Drew Gilpin Faust speaks to reporters after being introduced as the 28th president of Harvard University in Cambridge, Massachusetts February 11, 2007. REUTERS/Adam Hunger NEW YORK (Reuters) – (This January 4 story has been refiled to remove refere... More »
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike Blake CHICAGO (Reuters) – U.S. interest rates finally are on the rise after a decade stuck near zero – and that should be good news for retir... More »
A cake decorated for the 116th birthday celebration of Susannah Mushatt Jones, known as “Miss Susie” rests on a table before the start of the festivities in the Brooklyn borough of New York, July 7, 2015. REUTERS/Lucas Jackson CHICAGO (Reuters) – The Republica... More »
FILE PHOTO: 70th Cannes Film Festival – Model Petra Nemcova poses on the red carpet prior to the screening of the film “Nelyubov” (Loveless) in Cannes, France, May 18, 2017. REUTERS/Stephane Mahe/File Photo NEW YORK (Reuters) – If Petra Nemcova’s life were a m... More »
FILE PHOTO – Graduates celebrate receiving a Masters in Business Administration from Columbia University during the year’s commencement ceremony in New York in this May 18, 2005 file photo. dreams of many college seniors. REUTERS/Chip East/Files CHICAGO (Reute... More »
FILE PHOTO: Chickenfoot guitarist Joe Satriani (L) performs with singer Sammy Hagar during the 43rd Montreux Jazz Festival early July 5, 2009. REUTERS/Denis Balibouse/File Photo (The writer is a Reuters contributor. The opinions expressed are his own.) By Chri... More »
An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California November 13, 2013. REUTERS/Mike Blake CHICAGO (Reuters) – Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for ret... More »
Designer Vivienne Tam celebrates the successful completion of her Fall/Winter 2012 collection show during New York Fashion Week February 15, 2012. REUTERS/Carlo Allegri/File Photo NEW YORK (Reuters) – Some of us are fortunate to find a calling in life early on... More »
FILE PHOTO – Graduate students rally against the proposed GOP tax reform bill at Union Square in the Manhattan borough of New York City, New York, U.S., November 29, 2017. REUTERS/Shannon Stapleton CHICAGO (Reuters) – Graduate student Mollie Marr is worried th... More »
Undated handout photo of author Luvvie Ajayi. REUTERS/Chuck Olu-Alabi/Handout NEW YORK (Reuters) – Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are c... More »
Casper CEO Philip Krim speaks at the Wall Street Journal Digital conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike Blake NEW YORK (Reuters) – If any industry is in the throes of total disruption right now, it is retail. Some brick-an... More »
House Speaker Paul Ryan (R-WI) looks on at the Capitol Christmas Tree lighting ceremony on West Front Lawn of the U.S. Capitol in Washington, U.S., December 6, 2017. REUTERS/Yuri Gripas CHICAGO (Reuters) – Traditionally, U.S. politicians avoid talking about cu... More »
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo CHICAGO (Reuters) – Nothing good lasts forever, and so it is with tax-deferred retirement saving – tha... More »
An aide adjusts a sign prior to a news conference announcing the passage of the “Tax Cuts and Jobs Act” at the U.S. Capitol in Washington, U.S., November 16, 2017. REUTERS/Aaron P. Bernstein NEW YORK (Reuters) – At a retirement community near Chicago, Jay Scha... More »
Saks Fifth Avenue’s holiday light show can be seen on display in the Manhattan borough of New York, U.S., November 27, 2016. REUTERS/Darren Ornitz CHICAGO (Reuters) – If proposed tax overhaul changes are adopted, giving to charity for tax reasons will no longe... More »
Translating money messages to 100 million kids around the world is not a feat for ordinary humans - you need monsters. More »
U.S. retirement savers dodged a speeding train last week when Republican lawmakers racing toward tax reform dropped their plan to sharply reduce allowable tax-deferred contributions to 401(k) plans. That idea is off the table - at least for now. More »
Can you make serious money by capitalizing on human foibles? More »
Are unsuspecting seniors around the United States being scooped up without warning from their homes, placed in nursing homes and having their possessions taken away? More »
No one is paid to front run the apocalypse. More »
The gap in U.S. retirement wealth between white and minority families has widened to the point where it really is not a gap anymore. It is a canyon. More »
Want to increase your chance to get financial aid for college? File the Free Application for Federal Student Aid (FAFSA) by the end of 2017. More »
If you have an aging parent and want a glimpse of what the future holds, look no further than Leslie Glutzer. More »
Jordan Belfort inspired the feature film "The Wolf of Wall Street," which starred Leonardo DiCaprio and portrayed the wealth and excesses that the head of former Long Island brokerage Stratton Oakmont enjoyed back in the 1990s. More »
Looking at the weather and other natural phenomena these days, it seems the only thing that has yet to occur is a plague of locusts. More »
Forewarned is forearmed - and for U.S. seniors, the warning just arrived in the mail. More »
If you like the income tax reduction you get for your 401(k) contribution then make sure to max out now, because you may not get the chance in the future. More »
As Hurricane Irma lashed Orlando, Florida, last month, Amanda Leite needed a doctor for her 4-year-old daughter, who had a fever. More »
Bourbon is a multi-billion-dollar business, but it began with just a few pioneering Kentucky families from Bardstown who all lived down the road from each other. More »
Delaying your Social Security benefit claim offers one of the best routes to higher retirement income - annual benefits increase 8 percent for every 12 months that you delay from age 62 to 70. But the strategy often comes with a challenge: how to meet living e... More »
There is a widespread sense of fear hanging over consumers in the aftermath of the data breach at credit-monitoring firm Equifax revealed in early September that approximately 143 million consumers' personal and financial records were exposed. More »
Pop quiz: What percentage of long-term stock market returns are thanks to the humble dividend? Five? 10? 20? More »
If an investment strategy is good enough for one of the top minds in finance, it is probably good enough for you, right? More »
A little thought experiment for retirement savers: More »
Which nations are doing the best job adapting to their aging populations? More »
You have to be pretty tough to make it as a four-star general in the U.S. military. So it makes sense that some top military commanders would get their starts working in rigorous first jobs. More »
If the United States does more than flirt with a government shutdown and technical default, old assumptions about the safe-haven status of Treasury debt and the dollar will face unprecedented threats. More »
Making money in the markets is tricky enough on its own. Try doing it while staying faithful to your religious beliefs. More »
The question sounds simple, but it is tough to answer: At what age should you retire? More »
Known for his bracing, no-bull personal finance advice aimed at Generation Y and beyond, Ramit Sethi is also patient. More »
Institutions do better than individuals at active fund management, but given that both come out losers the underlying message is that picking stocks and bonds is a game neither group should play. More »
The Trump administration’s vision of a rollback in banking regulation isn’t just dubious medicine for the economy, it will do shareholders no favors. More »
If you are hovering around retirement age today, you will be closing in on your eighties in the year 2030. With any luck, you will be healthy and mobile - but imagine for a moment that you are not. Let's say a debilitating illness requires that you receive car... More »
Even for a jaded town like New York City, there is something magical about a Broadway show. More »
Financial markets are in the grip of something very like a speculative mania, which may well be good reason not to expect a crash soon. More »
It may not happen soon but eventually the vogue for investing in “superstar firms” like Google, Facebook and Amazon will end in the fire of overvaluation or the ice of regulation. More »
(The opinions expressed here are those of the author, a columnist for Reuters) More »
FILE PHOTO – Conservationist and primatologist Jane Goodall speaks during a news conference at the National Geographic summit in Lisbon, Portugal May 25, 2017. REUTERS/Rafael Marchante While top scientists may be deploying their brainpower on critical projects... More »
FILE PHOTO: A senior citizen lawn bowls in Sun City, Arizona, January 9, 2013. REUTERS/Lucy Nicholson Retirees can look forward to the largest Social Security cost-of-living adjustment next year since 2012 – but don’t break out the champagne just yet. For many... More »
Some enterprising manager ought to look into a Long Nice CEOs/Short Jerks hedge fund. More »
Charles Cohen president and CEO of Cohen Brothers Realty. Marion Curtis/StarPix courtesy Charles Cohen/Handout via REUTERS Next time you are in Manhattan, take a look around, and you will see the fingerprints of Charles Cohen pretty much everywhere. More »
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike Blake Friday is the day, folks. More »
The problem with Modern Portfolio Theory, the basis for most diversified investment approaches, is that the often irrational human investor in charge is a major point of failure. More »
A woman walks on Broad St. past the New York Stock Exchange during the morning commute April 30, 2014. REUTERS/Brendan McDermid When it comes to industries, Wall Street is about as male-dominated as they come. So many people just assume that men are better inv... More »
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike Blake Thieves follow the money, and wealth accumulates as we age. But the aging brain is not always well-suited to financial decision-making ... More »
Fund managers may show genuine and long-lasting skill, but do more poorly as the good ones are piled with responsibilities. More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2017. REUTERS/Brendan McDermid Donald Trump’s firing of FBI Director James Comey caused barely a ripple on the glassy surface of equity markets, but more than 100 years ... More »
FILE PHOTO: Tourists enjoy a boat trip on the Seine river past the Eiffel Tower on a sunny spring day in Paris, France, May 8, 2016. REUTERS/Jacky Naegelen Spending half the year in the French countryside seems like a luxurious goal, but Deborah Jacobs, author... More »
A man plays a video game with the Oculus Rift VR headset at the E3 Electronic Expo in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson Everyone has chuckled about millennial generation stereotypes: slackers hanging out in their parents’ base... More »
Marine Le Pen, French National Front (FN) political party leader and candidate for the French 2017 presidential election, attends a campaign rally in Marseille, France, April 19, 2017. REUTERS/Robert Pratta An unlikely Marine Le Pen victory in French president... More »
Clocks are seen during the performance ”tck tck tck” by Global Campaign for Climate Action at the Barcelona Climate Change Talks, November 4, 2009. REUTERS/Albert Gea Can you count on your Social Security benefits when retirement rolls around? More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 17, 2017. REUTERS/Brendan McDermid “Is this market a bubble?” and “Is my kid a genius?” are two questions which are asked far more often, and with less profit, than they... More »
The market is still offering globally diversified equity investors a free lunch, but only if they are in it for the long haul. More »
Travelers these days take it for granted that they can journey to remote places like Antarctica or the Galapagos, but it was one family, the Lindblads, that helped make that even possible. More »
U.S. consumers are taking out debt at a far faster rate than their incomes or the economy are growing, and just as we may be hitting a peak in employment. More »
Dental hygienist Randy Honeycutt’s $65,000 student loan balance has ballooned to more than $200,000 because of back interest and default fees, a cautionary tale about the perils of defaulting. More »
In the financial market race for information, hedge funds, it seems, are the winners. More »
Annie Duke competes in a $10,000 buy-in, no limit Texas Hold ‘Em event at the World Series of Poker in 2005. REUTERS/File You may think high-stakes poker has little in common with your life and career. Annie Duke thinks you would be wrong. More »
A pedestrian walks past the U.S. Capitol building , on Capitol Hill in Washington, U.S., March 24, 2017. REUTERS/Jim Bourg Tax reform is up next for our Attention Deficit Disorder Republican government, which just rushed through a chaotic, ugly battle to refor... More »
Beauty expert Bobbi Brown in her home in New Jersey. Courtesy of Bobbi Brown/Photo by Alice Gao Lien Tan More »
You probably already knew that hedge fund names are intended to impress, or even better to confuse just enough to make you stop asking questions, but most of all to inspire confidence. More »
People participate in a yoga class during the 14th Annual Solstice in Times Square event in New York, U.S., June 20, 2016. REUTERS/Shannon Stapleton Callan Olive is about as adult as you can get for a 26-year-old. More »
India Hicks – goddaughter to the Prince of Wales, granddaughter of Britain’s last viceroy in India and bridesmaid of the late Princess Diana – poses in this undated handout photo. Brittan Goetz via REUTERS By Cheryl Lu-Lien TanNEW YORK (REUTERS) – India Hicks ... More »
Marcus Samuelsson, Chef and Restaurateur, Marcus Samuelsson Group and Maya Samuelsson arrive for the state dinner in honor of the Nordic Summit at the White House in Washington, May 13, 2016. REUTERS/Mary F. Calvert Lien Tan More »
U.S. President Donald Trump listens during a meeting about healthcare at the White House in Washington, U.S., March 13, 2017. REUTERS/Kevin Lamarque The Republican leadership in Washington says Obamacare is an imploding disaster. But if your income is low and ... More »
FILE PHOTO: Larry King interviews Carlos Slim, President of the Carlos Slim Foundation and the Telmex Foundation, during ‘A Conversation with Larry King and Carlos Slim’ at the Milken Institute Global Conference in Beverly Hills, California April 29, 2013. REU... More »
A Jack Russell Terrier in a file photo. REUTERS/Leonhard Foeger Erik Hagen bought an interactive camera that dispenses treats to amuse his pets, but he is the one who has become addicted. More »
OPI co-founder Suzi Weiss-Fischmann. REUTERS/Courtesy OPI Lien Tan More »
FILE PHOTO – U.S. President-elect Donald Trump speaks as PayPal co-founder and Facebook board member Peter Thiel and Apple Inc CEO Tim Cook look on during a meeting with technology leaders at Trump Tower in New York U.S. on December 14, 2016. REUTERS/Shannon S... More »
BET co-founder Sheila Johnson. REUTERS/Photo by Drew Xeron/Courtesy Sheila Johnson Most people would be thrilled to succeed in one field. Sheila Johnson has triumphed in some remarkably different ones. More »
U.S. Governor of Colorado John Hickenlooper poses for photos in front of the Capitol in Havana, Cuba February 5, 2017. REUTERS/Alexandre Meneghini The road to the governor’s mansion is not always paved with public-service positions. Many state leaders got thei... More »
Magician David Copperfield arrives at the Vanity Fair Oscar Party in Beverly Hills, California February 28, 2016. REUTERS/Danny Moloshok If you had to name just one person on Earth who is living his or her best life, David Copperfield would have to be among th... More »
(James Saft is a Reuters columnist. The opinions expressed are his own) More »
For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. More »
When you hear a politician start a sentence with the phrase “We’re all living longer,” grab your wallet. You are about to be told that Social Security or Medicare benefits should be cut because of America’s rising longevity. More »
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid In a world in which most investment managers are paid to be short- or medium-term in their ... More »
An elderly lady walks in Copacabana in Rio de Janeiro September 13, 2011. REUTERS/Ricardo Moraes While the era of “alternative facts” dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real fact... More »
A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files Lured by the promise of high pay for part-time work, Geovanie Rosario quit his day job three years ago and jo... More »
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike Blake So much for states’ rights. More »
FILE PHOTO – Traders works on the floor of the New York Stock Exchange (NYSE) as a television screen displays coverage of U.S. Federal Reserve Chairman Janet Yellen, in New York, U.S., December 14, 2016. REUTERS/Lucas Jackson Try to hide wherever you like but ... More »
A computer screen showing stock graphs is reflected on glasses in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis Duvignau That the Trump agenda is good for banks is self-evident- that shareholders will get their cut is a lot l... More »
A florist arranges flowers in preparation for Valentine’s Day in Los Angeles February 10, 2012. REUTERS/Lucy Nicholson When it comes to romantic screwups, missing Valentine’s Day is about as bad as it gets. But what if you miss it on purpose? More »
The scads of analysts and fund managers at some money management firms may just be there as window dressing. More »
A child rides in a shopping cart on Black Friday at a store in Sao Paulo, Brazil, November 24, 2016. REUTERS/Nacho Doce Wondering why our kids are not so great with money? Just look in the mirror- it’s because adults are often financial train wrecks themselves... More »
Evidence that Dodd-Frank Act regulation is making lending conditions tighter is thin on the ground, at least for the vast majority of the U.S. economy. More »
