When Reagan Alonso, a semiretired nurse living in Jacksonville, Fla., first gently offered to help her aging mother with her finances, she encountered resistance. Her mother, now 88, was born in Ohio, and “being from the Midwest and of that generation, we’re very much, ‘you don’t talk about money,’” Ms. Alonso, 60, said. “When it […]
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I’ve done it and you probably have, too: looked at a neighbor or friend who seemed to be in roughly the same financial bracket and wondered, “How do they do it?” How do they afford the elaborate remodel and the luxury vacations they’re bragging about on their Instagram accounts and the private school tuition? The […]
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Cooler weather has arrived, and many of us will soon be spending more time inside. It’s a good time to think about … retirement. That’s right, retirement. Not jazzed? Not surprised. Who wants to calculate a savings goal or check on their Social Security earnings, when they could snuggle on the couch and binge watch […]
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WASHINGTON — The rivalry between the United States and China has spread to a fight over financial ties between the countries, pitting Washington security hawks against Wall Street investors. Members of Congress and the Trump administration are warning that Chinese companies are raising money from American investors and stock exchanges for purposes that run counter […]
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Kenneth Fisher, a billionaire money manager, is known for aggressively marketing his firm and attaching his name to books, columns and TV ads. His marketing acumen has helped build his investment firm into a significant player in the world of money management, managing more than $112 billion of investors’ money, up from $33 billion a […]
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There is no mistaking how Eric Markowitz feels about borrowing money: “I hate debt,” he said. Dr. Markowitz, a dentist in Washington, D.C., took out a mortgage to buy a home for his family, but that’s the extent of his borrowing. And he fully intends to have it paid off by the time he retires […]
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Peter Rothstein has a job with a social purpose: expanding the clean energy industry in the northeastern United States as a way to mitigate climate change. Soon, he will be able to support that mission when he saves for retirement. In November, the Boston-based Northeast Clean Energy Council, where Mr. Rothstein is president, will revise […]
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WASHINGTON — The Trump administration is discussing whether to block Chinese companies from listing shares on American stock exchanges, the latest push to try to sever economic ties between the United States and China, according to people familiar with the deliberations. The internal discussions are in their early stages and no decision is imminent, these […]
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After years of wrangling with its creditors, Puerto Rico disclosed a plan Friday for resolving the biggest governmental bankruptcy in United States history, by cutting $129 billion in debts to about $86 billion — a reduction of 33 percent. #g-debt_stack-box , #g-debt_stack-box .g-artboard { margin:0 auto; } #g-debt_stack-box p { margin:0; } #g-debt_stack-box .g-aiAbs { […]
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When Elisabeth Root learned that her uncle had left her almost $1 million after his death earlier this year, she panicked. The inheritance was more money than she had ever handled. “I’m an educated person, but I had no idea what I was doing,” she said. Still, Dr. Root, 42, knew enough not to do […]
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PARIS — Parisians thronged the sidewalks, took to bikes and scooters or canceled their morning commutes altogether Friday, faced with the biggest public transportation strike in nearly 13 years — a warning shot at President Emmanuel Macron’s government over its ambitious pension overhaul plan. Ten out of 14 metro lines were shut, iron gates were […]
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This article is part of David Leonhardt’s newsletter. You can sign up here to receive it each weekday. When I was a teenager, my mom showed me a statement that she had received in the mail from the Social Security Administration. It included an annual history of her earnings, which showed a big string of […]
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Democracy is a messy thing. Shareholder democracy may be even messier. For nearly a half-century, corporate America has prioritized, almost maniacally, profits for its shareholders. That single-minded devotion overran nearly every other constituent, pushing aside the interests of customers, employees and communities. That philosophy was rooted in an idea that has an air of nobility […]
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“I Will Teach You to Be Rich” didn’t get as much attention as it deserved when it was first published a decade ago, and it’s easy to understand why. The author, Ramit Sethi, who runs a website with the same name as his book, ignored the emotions people have about money, apparently believing that all […]
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Albert Rizzi gave up on trying to manage his nest egg because as a blind person, he encountered digital barriers constantly. Many of the websites, mobile apps, PDFs and software programs he needed were not accessible. Sometimes, they just didn’t work. So Mr. Rizzi, 55, the founder of My Blind Spot, an accessibility advocacy group […]
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So it’s come to this: surgery, deferred annuities and rock ’n’ roll. The Rolling Stones, the bad boys of rock in the 1960s and ’70s, are showing their age. In April, the band postponed the start of its North American tour so that Mick Jagger could have surgery, reportedly to replace a damaged heart valve. […]
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Washington shocker: With overwhelming bipartisan support and little public attention, the House of Representatives recently passed the most significant reforms to individual retirement accounts in more than a decade. But while support in the Senate is also strong and bipartisan, a few recalcitrant Republicans, notably Ted Cruz of Texas, are threatening to hold up passage […]
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