The career moves that waste the most money
It might sound silly to think of money you never had as a waste. But it’s true. If you deserve a raise but don’t ask for one, or if you don’t negotiate your salary when you’re deciding whether to accept a new job, you’re losing money. Three in five workers didn’t negotiate their job offers. Pro […]
Stock Wealth Surges for the Oldest Americans While the Young Miss Out
U.S. stocks have more than tripled in value since 2009, but the bull market has left a lot of Americans behind. In almost every age group, the share of families owning equities—either directly or through funds and retirement accounts—declined from 2007 to 2016, according to the Federal Reserve’s most recent Survey of Consumer Finances. There’s one […]
4 tough but essential money questions all couples should discuss before tying the knot
It’s the most popular time of year to pop the big question as 18% of all engagements occur in December, according to Weddingwire.com. But before changing your relationship status, it’s important to understand one another’s financial status. Here are four tough but essential money questions all couples should discuss before tying the knot. Are you a […]
Should You Pay Off Your Mortgage Before Retirement?
Owning a home can lead to a comfortable retirement. In theory, you buy a house when you’re 30, faithfully make the mortgage payments for 30 years and at age 60 you own your house, free and clear. Now you have a solid nest egg and can sail into a worry-free retirement. But more often, here’s […]
Why the FCC chair says social networks are the real threat to the free internet
The Federal Communications Commission chairman who wants to hit the Delete key on the FCC’s current net-neutrality rules has one thing to say to his critics: Why the long face? FCC chair Ajit Pai made his case for repealing the open-Internet rules championed by his Democratic predecessor Tom Wheeler at an event in Washington hosted by two free-market-minded groups, the R Street Institute and Lincoln Network. […]
Facebook is trying to make it easier to be a better person
Facebook (FB) wants to make it a little easier to help people with new features that allow people to become a mentor for children, sign up to become a blood donor and help organizations like the Red Cross reach disaster victims faster. CEO Mark Zuckerberg announced the new features at Facebook’s second annual Social Good Forum in New York on […]
Study finds you tend to break your old iPhone when a new one comes out
Ah, it’s that time of year again! Carols ring, holly glistens, and Apple (AAPL) comes out with a new iPhone model. And we conveniently start losing or breaking our existing phones. That’s not just clumsiness at work. According to a study from the University of Michigan, it’s your psychology at work, attempting to help you […]
GM will soon let you order Starbucks while driving
General Motors (GM) wants to help you get your favorite cup of coffee faster with its new Marketplace platform. Available for eligible Cadillac, Chevy, Buick and GMC vehicles, Marketplace lets you order your venti mocha latte with a double shot of espresso right from your car’s touchscreen. Marketplace, which GM says will roll out alongside a host […]
RFG Rejects Allegations It Runs ‘Brutal Business’; Shares Slump 22%
Retail Food Group (RFG.AU) has denied media reports it is running its franchisees into the ground with a brutal business model. A Fairfax Media investigation alleges that RFG, Australia’s biggest food franchise operator, is charging crippling franchise fees and other costs in its search for fatter profits, driving some operators into bankruptcy and has led to systemic staff underpayment. […]
Amazon’s apparel business could grow to as much as $85 billion in sales by 2020
Amazon.com Inc. may already be the largest apparel retailer and could still grow to sales between $45 billion and $85 billion by fiscal 2020, according to Instinet analysts. Instinet analysts led by Simeon Siegel estimate overall apparel and accessories sales at above $1 trillion with “above average” online penetration and “leading gross margin” compared with […]