A senior citizen holds a sign during a rally to protect federal health programs at the 8th Annual Healthy Living Festival on July 15, 2011 in Oakland, California. Justin Sullivan | Getty Images For most people, signing up for Medicare is a retirement rite of passage. But as they turn 65 and sort through their
Senior man celebrates his 90th birthday Urbazon / Getty A change proposed by the IRS could alter how much retirees are required to withdraw each year from their traditional retirement accounts. The reason? People are living longer now than when the agency last issued its tables for required minimum distributions in 2002. As a result,
By Grace Birnstengel, Next Avenue Editor Getty “Don’t trust anyone over 30.” It’s a line made famous by ’60s activist Jack Weinberg when a San Francisco Chronicle reporter interviewed him about the ongoing Free Speech Movement at the University of California, Berkeley. Generational finger pointing is not a new concept, but it’s been in the
A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store … [+] in Hong Kong on October 10, 2019. (Photo by PHILIP FONG/AFP via Getty Images) AFP via Getty Images In the world of sin taxes, chemical taxes tend to fly under the radar. They aren’t
The terrace and the view of this extraordinary New York home. Denis Vlasov for Sotheby’s International Realty Broadway icons Phyllis Newman and Adolph Green lived at the Beresford at 211 Central Park West for nearly six decades. Green, a multiple Tony-Award winning lyricist and book writer, wrote the iconic film Singin’ In The Rain; Newman was
Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. The company
Best Buy is one of many retailers impacted by the U.S.-China trade war. NurPhoto | Getty Images Best Buy shares surged more than 4% in premarket trading after reporting earnings and revenue that beat analysts’ expectations while also raising its earnings guidance. Here’s what Best Buy reported compared to what analysts were expecting, based on
“Surgeon Simulator,” the surgical simulation game from London-based developer Bossa Studios. Bossa Studios Bossa Studios, the video game developer behind zany titles like “Surgeon Simulator” and “I Am Bread,” has raised up to $30 million in an investment round led by Chinese gaming company NetEase, three sources familiar with the matter told CNBC. The U.K.-based
LVMH chair Bernard Arnault speaks at the Viva Technology conference in June 2017 in Paris, France Chesnot | Getty Images Bernard Arnault, chairman and CEO of luxury goods brand LVMH, has overtaken Bill Gates to be named the world’s second-wealthiest person by Forbes. According to Forbes’ Real-Time Billionaires List, the French businessman added an estimated
The small cap Russell 2000 index jumped to a fresh 52-week high Monday, signaling small stocks may be set up for a breakout that could help lift the entire market. The Russell 2000 closed at 1,621.90, a 2% gain, and the highest close since Oct. 9, 2018. The S&P 500, Dow and Nasdaq, which had
GivingTuesday ‘Tis the season for giving. With the holidays around the corner, it’s the time of year when many people think about helping those less fortunate than themselves. A global movement to encourage donations has even been created, called GivingTuesday, which began in 2012 and falls on the Tuesday after Thanksgiving. Yet even if you
Getty There’s no reason to hide the facts from your estate planner. Almost every family has at least child who gives the parents concerns, disappointments and even heartache. You want to provide the problem child with some financial assistance either now or through your estate, but you aren’t confident the child (who’s now an adult)
Everyone has to file tax returns annually, even Harvard Law School Professors. Most Americans don’t enjoy filing or paying, but they do it anyway, and they pay up. If they can’t pay, they get in line and start paying the IRS in installments. Some people are late, and some seem to fall off the grid,
Renovated exterior of the historic Spice House, which re-opened at 1512 North Wells Street in … [+] Chicago’s Old Town. (c) Tom Harris 2017 After a roof fire severely damaged the interior of The Spice House this past July, the owners chose to turn a tragedy into an opportunity by updating the sixty-year-old store with
CNBC’s Jim Cramer explains what the recent mergers tell us about the stock market. The “Mad Money” host also explains why now is the right time to buy shares of Uber. Cramer also sits down with the CEO of PVH to discuss the impacts of the U.S.-China trade war on the American consumer. Recent mergers
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images The leaders of the U.S.-China trade negotiations held another phone call on Tuesday morning, China’s Ministry of Commerce said in an online statement. “Both sides discussed resolving core issues of
With the year coming to a close Wall Street’s equity strategists are releasing their predictions for the coming year. But Morgan Stanley’s Michael Wilson said that forecasting for even just the end of this year — let alone the entire 2020 — is difficult given all of the unknowns like the state of the ongoing
Thomas Barwick | DigitalVision | Getty Images The process of recommending life insurance doesn’t have to be rife with conflicts of interest. Insurance has its place in a client’s comprehensive financial plan. For instance, term coverage can protect a young family in the event of a breadwinner’s early demise. Permanent life insurance — which can
NFL linebacker Brandon Copeland understands the importance of investing his money. In fact, the New York Jet spends about 10% of his salary and saves the rest. “This career can end at any moment. Any money I make I’m trying to extrapolate that out for life, I’m trying to save as much as possible,” he
With the release of presidential candidate Pete Buttigieg’s Social Security plan, the Democratic Party’s stance on Social Security is clearer than ever. All four top tier presidential candidates — Buttigieg, Joe Biden, Bernie Sanders and Elizabeth Warren — favor expanding, not cutting, Social Security. Democrats’ support for Social Security expansion extends beyond the presidential campaign