By Lazetta Rainey Braxton, Next Avenue This noted Generation X money adviser explains how financial planning is changing to be more accessibleFellow members of Generation X, I bear some good news. Financial advisers are not just reserved for the wealthy anymore. That’s timely, and I think heartening, considering this finding from a recent study by
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Whoever runs away with this modern mountain house in northwestern Montana won’t have to worry about travel time to an airport. The getaway is one of only a few with year-round fly-in/fly-out convenience. The five-bedroom, six-bathroom home along Whitefish Airport enjoys 360 views of the Flathead National Forest and the Rocky Mountains. The wood-clad mountain
There’s great economic news in the just-released February employment report—638,000 new jobs, a 3.8% unemployment rate, and average weekly earnings up by 5.4% over the past year. But many Americans have a sour, negative view of the economy. Why the disconnect? The aggregate US economy is almost back to pre-pandemic levels, in significant part because
In this article DIS People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt Disney Imagineering and the famous Brand Boulevard, could be the last city in California to build a fossil-fueled power plant. The
In this article PYPL The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country in response to its invasion of Ukraine. “Under the current circumstances, we are suspending PayPal services
A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany seizes Russian billionaire Usmanov’s yacht at Port of Hamburg. Sabri Kesen | Anadolu Agency | Getty Images At least two superyachts owned by Russian oligarchs have
In this article LPSN Daniloandjus | E+ | Getty Images Company: LivePerson Inc. (LPSN) Business: LivePerson is a New York-based software company that was founded in 1995 by Robert LoCascio, the current CEO and chairman. The company was the preeminent webchat provider in the U.S., if not globally, with 35% of the market share and
Thomas M. Barwick | Getty Images Social Security benefits make up about 30% of elderly Americans’ incomes, according to the Social Security Administration. For some beneficiaries, it can be 90% or more. Yet many people do not think of those earned benefits, and the monthly checks that come with them, as a personal financial asset,
Some people claim early because they are afraid benefits will be chopped. What are the chances of this? “I’m 66. Married, filing jointly. I have high IRA balances. Also, no debt, our mortgage is paid, and we are both healthy and locally active with a low cost of living. I’m thinking about postponing Social Security
Fueled by recent statewide housing legislation and the continued housing shortage, the city of Los Angeles is seeing a sharp increase in new construction. In areas like West Hollywood, where the landscape is dominated by single-family homes, new housing options like multi-unit complexes and townhomes are now hitting the market—and they’re selling fast and with
A lot of inherited IRA owners are in for a surprise. In a switcheroo, the Treasury Department has reinstated annual required minimum distributions for most folks who’ve recently inherited Individual Retirement Accounts, according to proposed regulations released late last month that interpret the 2019 retirement law known as the SECURE Act. IRA experts are still
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The latest nonfarm payroll report shows a labor market nearing a recovery to pre-pandemic levels, but small business owners across the U.S. say that finding and keeping
The incoming CEO of Splunk, Gary Steele, told CNBC’s Jim Cramer on Friday he hopes to be a “stabilizing force” for the company and its customers. Steele, whose appointment was announced two days ago, is set to take over the data-analytics software maker and join its board April 11. Splunk had been without a permanent
Dubai, United Arab Emirates, on July 5, 2021. Christopher Pike | Bloomberg | Getty Images An intergovernmental organization dedicated to combating money laundering and illicit cash flows on Friday placed the United Arab Emirates on its “gray list” over concerns that the Gulf country isn’t sufficiently stemming illegal financial activities. The UAE was one of
If you’re one of the record number of Americans getting married in 2022, you may have started to consider how you and your partner will handle your finances. “I try not to be too preachy, but in my experience working with couples, in most good marriages there is this feeling of, ‘We are completely in
Jbyard | Istock | Getty Images President Joe Biden made no mention of student loan forgiveness at his State of the Union address on Tuesday. Yet a spokesman for the administration says cancellation remains on the table. White House Chief of Staff Ron Klain said a decision on whether to forgive student debt through executive
By Grant Easterbrook, Next Avenue Approximately 20% of the American population is retired, which amounts to close to 66 million people. Despite the large retiree market, however, there has been relatively limited venture capital investment in new tools and services to help with “decumulation.” Decumulation is the phase of life when retirees must manage drawing
A Las Vegas mansion that was once home to the late pop music icon Michael Jackson has hit the market for $9.5 million. Jackson leased the estate for about a year starting in 2006, paying $50,000 a month, according to listing agent Zar Zanganeh of The Agency, who represented him in the transaction. According to
Virginia’s efforts to subsidize a stadium and mixed-use commercial development for Dan Snyder and his Washington Commanders NFL football team would be a foolish waste of taxpayer money. But an attempt by three Democratic Members of Congress to block the funding scheme is misguided and short-sighted. The bill, introduced by Representatives Jackie Speier (D-CA), Earl
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday. Even with average earnings flattening out in February, Evans told CNBC that he hears from smaller companies in his district about the challenges from cost increases. “I think there are a lot of business models,