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Your Money

Articles to keep you informed about trends and help you manage your money

Little cute cartoon fantasy unicorn
Business HeadlinesYour Money

published May 19th 2017, 8:32 am, by Matt Levine (Bloomberg View) —MiFID II. One thing that I like to say around here is that a lot of the financial industry is run as essentially a gift economy. Investment bankers don’t just do stuff for clients and send them the bill:

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Watering can and money tree drawn on a blackboard concept for bu
Business HeadlinesYour Money

published May 17th 2017, 10:31 am, by Suzanne Woolley (Bloomberg) —With graduation gifts, it’s the thought that counts. The cash is nice, too. Spending on graduation gifts in the U.S. is expected to reach $5.6 billion this year, according to a new survey from the National Retail Federation. That tops last

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motherhoodecomonics
Business HeadlinesYour Money

published May 12th 2017, 7:57 am, by Ben Steverman (Bloomberg) —Motherhood is changing, as are mothers’ working lives—and those changes have economists concerned. For a while, women around the world were making clear economic progress. More of them were working, and they were earning more (and boosting the global economy in the process).

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401k rising up growing
Business HeadlinesYour Money

published May 12th 2017, 7:30 am, by Suzanne Woolley (Bloomberg) —Automation, that demon of American job security, may be the patron saint of retirement savings. The average balance in a 401(k) defined-contribution account at Fidelity Investments hit a record $95,500 in the first quarter, up more than 9 percent from a

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Bull And Bear On Stock Certificates
Business HeadlinesYour Money

published May 11th 2017, 9:35 am, by Lu Wang (Bloomberg) —Things are looking great for equities. Right? Before today’s plunge, hardly a day went by without another record. The S&P 500 Index has closed at an all-time high 16 times in 2017, its 7 percent advance through Wednesday led by

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Smiling Blond Nurse Holding onto Arm of Senior Man Helping Man with Walker Walk Dog on Leash Outdoors in front of Retirement Building on Sunny Day
Business HeadlinesYour Money

published May 4th 2017, 4:00 pm, by Ben Steverman (Bloomberg) —Americans face two big problems as they get older: a shortage of retirement savings and the skyrocketing cost of health care. Both may be about to get worse after two narrow votes in Congress this week. On Wednesday, the Senate voted

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bigstock-Your-Ira-Retirement-Fund-50214272
Business HeadlinesYour Money

published May 3rd 2017, 8:45 am, by Suzanne Woolley (Bloomberg) —Twitter had a brief freakout last week after White House spokesman Sean Spicer seemed to suggest that pretax 401(k) contributions to retirement savings were in danger. The White House hastened to say that wasn’t part of the proposed tax overhaul

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NATIONAL HARBOR, MD - MARCH 6, 2014: Donald Trump speaks at the
Business HeadlinesYour Money

published Apr 28th 2017, 4:00 am, by Suzanne Woolley (Bloomberg) — The long-term impact of a new presidential administration’s early acts is almost impossible to assess. That hasn’t stopped some from making weighty pronouncements on Donald Trump’s first 100 days, including Donald Trump. And it won’t stop us. With that,

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Traders Work On The Floor Of The NYSE As Stocks Rally Amid Earnings And Crude Shrugs Off China Slump
Business HeadlinesYour Money

published Apr 25th 2017, 12:08 pm, by Carolina Wilson (Bloomberg) —Looking to capitalize on what’s shaping up to be a strong earnings season? You may want to avoid some of the most popular vehicles in the market: large sector exchange-traded funds. ETFs tracking all sectors have gathered a record $18.1

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Rich businessman showing off his money
Business HeadlinesYour Money

published Apr 24th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) —You are not poor; income inequality is a myth; the middle class is doing just fine. That seems to be the message coming from numerous right-leaning think tanks, websites and authors. I was reminded of this yet again over

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