With traditional pensions disappearing, securing reliable low-cost lifetime income for retirees has emerged as a top issue among financial planners and policymakers. Finally, a solution is in sight.
The buying and selling of human organs is generally frowned upon. But should this be the case? There’s an argument to be made that if kidney sales were legal, more lives could be saved and overall health care costs would decline.
Great stocks have been knocked down a lot even in the strongest European countries – so it’s time to start looking for opportunities.
Hewlett-Packard CEO Leo Apotheker may be ousted by the company’s board of directors after less than a year on the job and may be replaced – at least on an interim basis — by ex eBay CEO Meg Whitman, according to Bloomberg News
Google may have finally mastered the ways of Washington. Chairman Eric Schmidt is due to testify today at a hearing before the U.S. Senate on whether the Mountain View., Calif.-based company is abusing its market dominance in search. Google, of course, denies wrongdoing, At the same time, however, it wants to avoid the same antitrust [...]
As 30-year fixed mortgage rates have hit historical lows, there’s been one less-publicized corollary: 15-year fixed rates are low, too.
The concept of working from home took a beating during the Great Recession, raising questions about companies’ ability to make the most of the wired world. The setback also throws a bit of cold water on the hopes of mature workers hoping to phase into retirement.
Last week’s attempt to prop up the European common currency probably won’t work for long – and when it goes, U.S. stocks will feel the pain.
Readers in the New York City area may be interested to know that TIME Moneyland is a proud media sponsor of a Financial Fitness Workshop being put on by the New York University School of Continuing and Professional Studies and the Financial Planning Association of New York on Saturday, October 1 at the NYU School of Law [...]
With the newest data on home sales out Wednesday, one thing is clear: The volume of current real estate activity is not what many players hoped it would be.
U.S. oil companies seem to be giving up on synergy, spinning off their refining businesses so that they can focus on oil production. Conoco, which I previously recommended, announced yesterday that it would split in two, thereby creating an exploration and production company and a separate oil refining business, each of which would be among the largest [...]
