An electric scooter from Swedish tech start-up Voi Technology. Voi Technology Swedish electric scooter sharing start-up Voi Technology has raised $85 million from investors, a move the firm hopes will help it reach profitability in the next few years. The new round was led by Stockholm-based investment group Vostok New Ventures, Voi said Monday. Existing
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC The growing wealth gap separating the rich from the rest of the U.S. is an issue that needs to be resolved, J.P. Morgan Chase CEO Jamie Dimon said in a “60 Minutes”
Getty This week the federal government announced new dollar limits for contributions towards retirement plans and certain deferred compensation plans for 2020 People over 50 can now elect to contribute $26,000 in their 401(k)-type plan. That is $26,000 of earned income. This boost is good news for whom, exactly? It is likely irrelevant for the
Berlin: In the area around East Side Gallery, the open-air gallery where remnants of the Wall have … [+] been painted by artists, property prices saw a shocking 6419% increase. (Photo by Adam Berry/Getty Images) Getty Images Housing prices in Central Berlin have skyrocketed by 400% since the fall of the Berlin Wall in November
Bernard Tyson, CEO of Kaiser Permanente at the 2018 WEF in Davos, Switzerland. Adam Galica | CNBC Kaiser Permanente’s chief executive and chairman, Bernard J. Tyson, died in his sleep early Sunday at age 60, the California-based company confirmed. Tyson succeeded George Halvorson as chief executive in 2013 and had led the health care corporation
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card practices after a tech entrepreneur accused the bank’s Apple Credit Card algorithm of discriminating against
How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act
Steve and Leann Ford Reid Rolls Leanne Ford’s book (co-written with her brother Steve Ford) might be called Work In Progress, but the interior designer and HGTV star is anything but. While the book documents their charming tales of growing up together in Pittsburgh, Pennsylvania, this memoir doesn’t shy away from revealing the missteps on the
Ending private health insurance has been one of the rallying cries of Elizabeth Warren‘s presidential bid and her rise in the polls has made health care investors nervous. Yet the week after the leading Democratic contender detailed how she’d pay for her Medicare for All plan, prompting widespread debate, investors are seemingly to shrugging off
Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor
alphaspirit | Getty Images For 137 million Americans, they can be the scariest bills to open. That’s the number of adults who have faced medical financial hardship in the past year, research shows. In fact, medical debt is the top reason that people, regardless of age, would consider cashing in their 401(k)s or other retirement
Rob Ceravolo and his dog Tropic Ocean Airways As I prepared to leave the Navy after years of active duty as a fighter pilot, most of my friends were becoming airline pilots, but that life wasn’t for me. There was only one thing I wanted to do: start a business. Using the money I’d earned
Sarah McKinney Gibson, Encore.org and Next Avenue Contributor Co-mentors Ashley Moy and Tonise Paul Cast21 Ageism happens to young people, too. Just ask Ashley S. Moy, 25, founder and CEO of the Chicago medical startup, Cast21, which provides waterproof cast and brace alternatives for patients with broken bones. “I’ve had people say, ‘Oh my gosh,
The Landed team includes consultants, former educators, organizers, real estate agents and … [+] investors. Landed Over a short period of time, homeownership investment startup Landed Inc. has risen to prominence with its goal of helping educators afford homes in the communities where they work. Now the San Francisco-based startup that assists teachers with down
A man is seen admiring 3-D models made with HP printers at Industry Week in Barcelona, Spain. The objective is to accelerate the use of technologies and industrial sectors such as robotics, molds and matrices, new materials and 3-D printing. SOPA Images | LightRocket | Getty Images A French cosmetics giant uses one to create
US Federal Reserve Governor Lael Brainard attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images Along with all of the other things it must consider, the Federal Reserve needs to take into account climate change when formulating monetary policy, Fed
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Mike Blake | Reuters Tesla founder Elon Musk has fired
It’s not necessarily an easy transition from military life to a civilian one. You’ll have to find a job and a place to live, to start. “In a lot of ways, you are taken care of in the military. You get free medical and dental, and you just go to the local naval hospital for
journey concept showing a man with robot looking at a new colony in the alien planet, digital art … [+] style, illustration painting Getty I’m not quite sure how I stumbled on the book The Year 2000 for the first time. My memory says this was in the library – but at the same time,
The recent Tax Court decision Coal Property Holdings is a good illustration of Reilly’s Fourth Law of Tax Planning – Execution isn’t everything but it’s a lot. This is a conservation easement syndication deal and the facts indicate that it is on the questionable side. “In September 2013 Coal Property Holdings, LLC (Coal Holdings), acquired