Helping baby boomers retire is where the money is. Getty Today’s Gold Mine: Baby Boomers For financial services firms, especially fintechs, baby boomers should be seen as the pot of gold at the end of the rainbow. They control 50% of the nation’s wealth, outspend younger generations, and are more likely to spend their
Which expenses are business and which are personal? You might think it’s obvious, but your view and the IRS view may differ. These days business and personal can often seem mixed up, such as when you do entertaining, try to motivate employees, go on combined business and work trips, and more. Even lawsuits can seem
Kenmore House on Billionaires’ Row (AstonChase). Aston Chase A derelict mansion on London’s most exclusive street has been bought by property power couple Anil and Marisa Varma for just under £20m. The married couple behind luxury developer Harrison Varma have purchased the Victorian villa, which was built in the late 19th century and now lies
CNBC’s Jim Cramer on Monday offered a recommendation on the stocks of two of the most recognizable amusement parks across the United States. After facing a couple of years of attendance challenges, the “Mad Money” host said he is willing to give his blessings on Cedar Fair and Six Flags because both companies were able
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its foray into
Stocks are bouncing higher but could be trapped in a range until there’s a resolution of the trade wars and an end to the uncertain shadow it is casting over business confidence and the economy. The S&P 500, up 1.2% at 2,923 Monday, is now 3.5% off its July 26 highs, as the market reacts
Jim Cramer Scott Mlyn | CNBC Investors should be careful not to buy or sell stocks based on last week’s brief inversion of the yield curve in the bond market, CNBC’s Jim Cramer warned on Monday. Cramer was skeptical about buying the Dow Jones Industrial Average‘s 300-point advance at the open on Wall Street, which
Hero Images | Hero Images | Getty Images Even if your employer offers you health insurance at work, chances are you’re shelling out more money for medical care. Last year, employers spent an average of $15,159 in premiums to cover a family of four, according to an analysis from the Kaiser Family Foundation. In all,
For those in what we call “midlife”, somewhere between 45 and 65 years of age, there is a hidden crisis many face. It’s not suddenly wanting to re-make your life nor taking an abrupt turn in your relationship with your significant other. Rather, it’s the pressure of feeling obligated to take care of both aging
The city of Toronto has become a flash point for a global issue that will soon become one of the most divisive, complex legal, regulatory and administrative challenges of the 21st century: smart cities. Toronto, Ontario, Canada on July 01, 2019. (Photo by Creative Touch Imaging Ltd./NurPhoto via Getty Images) NurPhoto via Getty Images Late