Finance »
Japan’s economic comeback
Japan’s central bank pledged Wednesday to maintain its ambitious quantitative easing program, saying that economic conditions in the country are improving. “Japan’s economy has started picking up,” the Bank of Japan said in a
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Don’t Worry About Today’s Retirees: Boomers Are Fine, (but Gen X Isn’t)
When the nation’s financial system almost crashed back in 2008, it’s easy to see why anyone approaching retirement would have panicked. They saw their lifelong savings plummet as home and stock prices spiraled. For 60-somethings, it
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Amateur investors tap 401(k)s to buy homes
In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures — like tapping their retirement accounts — to fund the deals. “We’re seeing many people
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First Person: 5 Old-School Money Tricks I Still Use
My husband laughs at me when I pull out my crinkled-up envelop that contains my “fun money” for the week. He knows I like using the envelop system for budget, even though it’s completely
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Retiring at 55? You’ll need $372,000 just for medical expenses
Thinking of retiring early? Hope you have a lot socked away for medical expenses. That’s because health care costs can add up quickly when you aren’t yet eligible for Medicare, which kicks in at age
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Robin Hood: Big Wall Street donations are back
Big money on Wall Street translates into big donations for the Robin Hood Foundation, a poverty-fighting non-profit organization advised by some of Wall Street’s top hedge fund managers. The Foundation raised $80.7 million at
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How the Wisdom of Confucius Can Lead You to Financial Success
A 2012 Pew Research Center Report, “The Rise of Asian Americans,” identified Asian Americans as “the highest-income, best-educated and fastest-growing racial group in the United States.” In addition, according to the report, Asian Americans
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Midday Report: Fed to Wind Down Stimulus Program, but When?
The Fed prepares to end a controversial program, and its next move could have major implications for investors. The Federal Reserve’s bond-buying program has been one of the main drivers behind the market rally
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The Single Best Thing That Warren Buffett Said
In the course of answering investor, media, analyst, and short-seller questions for around five hours, Warren Buffett had a lot to say at the annual Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ) annual meeting. But was there one thing that stood
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The Future of Credit Cards
At a recent conference devoted to travel and credit card rewards, executives from Chase, Barclaycard, US Bank, Capital One and American Express were on hand to share their views on the future of credit
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