Photo: Getty Let’s briefly think back to 2008, when the world was “falling apart” at the hands of the latest devastating (albeit temporary) market correction. The S&P 500 ended that year down roughly 38.5%. The uncomfortable joke around many offices was that a “401(k) is now a 201(k)” as the markets pillaged all those who
LOS ANGELES, CALIFORNIA – DECEMBER 19: South Bend, Indiana Mayor Pete Buttigieg (L) and South Bend, … [+] Indiana Mayor Pete Buttigieg listen as former Vice President Joe Biden speaks during the Democratic presidential primary debate at Loyola Marymount University on December 19, 2019 in Los Angeles, California. Seven candidates out of the crowded field
Share to facebook Share to twitter Share to linkedin AD100 Interior Designer David Kleinberg raised the ceiling of his 1980s East Hampton ranch, cladding … [+] it in white clapboard planks, and adding a bluestone patio and heated pool to the property. David Kleinberg/Compass If you ever wanted to rent a noted interior designer’s abode,
Valentyn Ogirenko | Reuters Nike on Thursday reported quarterly earnings and sales that beat analysts expectations, as more customers flocked to its stores for limited-edition Jordan sneakers and ordered athletic apparel from its website. But the retailer’s shares fell more than 2% in after-hours trading on the news, having hit an all-time intraday high earlier
A Bank of America customer uses a bank card Kelsey Kaspar | Bloomberg | Getty Images A glitch at the Federal Reserve on Thursday delayed direct deposits and other financial transactions at banks across the U.S. A statement from Federal Reserve Bank Services said its automated clearing house (ACH) network began “experiencing a disruption on December
Traveling brings out the best in me. My husband and I share the love of exploring new places and so obviously, when our son was born two years ago, we decided to continue this journey — with tiny feet this time. While we sometimes miss the spontaneity in our travel plans, chasing our toddler in
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is in advanced negotiations with the U.S. Department of Justice to pay about $2 billion in fines tied to its role in the 1MDB scandal,
If you’re hoping to snag the best-available terms on a loan, standard guidance about credit card usage could end up interfering with your plans. The common advice is to keep revolving debt below 30% of your available credit so your so-called utilization rate doesn’t hurt your credit score. Yet experts say your FICO score —
The Capitol building in downtown Washington D.C. Getty On April 3, 2019, I wrote an article titled, “Will The SECURE Act Make Your Retirement More Secure?”, providing a summary of the key provisions of this bill, which had just been passed by the House Ways and Means Committee. The provisions of the bill were not
Share to facebook Share to twitter Share to linkedin Stocks rose Thursday morning after Donald Trump became the third U.S. President to be impeached. Spencer PLatt/Getty Images Topline: Though the House of Representatives voted to impeach President Donald Trump on Wednesday night, the stock market rose to new record highs in their first session after