The Trump Labor Department this week issued an extremely important advisory to all of you with retirement accounts: do not, under any circumstances, try to invest your money ethically. Got it?
In the past week, the U.S. stock market has seen its two biggest one-day drops in history. The market is down more than 10% from its recent high point, entering “correction” territory. This is good.
America’s pension system is a disaster. The great dream of “market-oriented” types is that our retirement problems can be solved by making everyone invest their own money via 401(k) plans. But... how does that work, again?
Bitcoin, an imaginary kind of computer money made up by a mystery man, is a valuable financial asset. It is being traded daily by educated professionals, based upon rational financial calculations, so you may rest easy knowing that its value is safe, just, please, DON’T READ THE NEWS, EVER.
One of the first International Women’s Day demonstrators has arrived in downtown New York in the form of a statue.
TIJUANA—Looking out the window of his seventh floor office at the rolling expanse of houses, highways and factories, Mexican business consultant Fernando Arjona watches the endless stream of trucks heading towards the U.S. border. It's part of the fleet of 3,000 trucks that cross from Tijuana into San Diego…
Have that one friend on Instagram that gives you constant FOMO because it feels like they are always on vacation? Find yourself day-dreaming about a life of leisure, where these pesky “work days” are a thing of the past, but have no clue how you could ever possibly afford to retire? Don’t panic. You are not alone. 70%…
The Great Recession of 2008 changed banking in the U.S. forever, not least by drastically consolidating the entire financial sector. From 2007 to 2013, the number of U.S. banks declined by 14%, representing more than 800 institutions that either shut down, were sold, or merged with other banks.
The day before he was assassinated in Memphis, Dr. Martin Luther King Jr. gave a speech urging black Americans to change where they kept their money.
Few issues have received more attention this election cycle than immigration, as Republican nominee Donald Trump has accused immigrants of taking jobs away from Americans and generally draining the economy.
On Monday morning, as the stock market opened for the first time since a shooter killed 49 people in an Orlando gay nightclub, shares of U.S. gun manufacturers were surging, as fears took hold that yet another mass shooting might lead to a crackdown on gun ownership.
They're known to be underpaid, laden with student debt, and are either living at home or have a friend who is.
In case you needed a reason besides the fact that it's the right thing to do, companies with greater gender diversity perform better in the stock market, according to analysts at Morgan Stanley.
Hispanics will experience faster spending growth than young adults by 2020, according to new projections from investment bank Morgan Stanley.
Rita Gail Edwards, 56, resides in the town of Cornville, Arizona. She lives with her youngest child Asia, a 32-year-old trans woman who has been diagnosed with bipolar disorder, post-traumatic stress, and a host of other maladies. She earns an average annual income of $14,157.80 from consulting work; a few years ago,…
It's the new, "Don't you know who I am?"
Actor Wendell Pierce, best known for his role as Detective Bunk Moreland on The Wire, is investing in a $20 million apartment complex in the arts district of Baltimore, he announced during a panel discussion at Columbia University on Saturday. The actor, 49, told Fusion it’s the beginning of a jobs program he intends…
Most CEOs who get bounced from their positions leave with little fanfare. Their ousters often come in the form of an anodyne press release, with no actual comment from the departing executive other than a bland "I'm looking forward to spending more time with my family."
A New York entrepreneur is planning to open a school for young people to teach them how to be rich.