Hero Images | Getty Images When the clock strikes midnight on Dec. 31, it will not only usher in a new decade. It will also bring in a host of retirement changes. And that could have big implications for your money. The good news is that you will be able to save even more in
admin
The need to adjust the federally mandated base pay is moot thanks to the strength and present dynamics of the U.S. economy, staffing expert Tom Gimbel told CNBC on Monday. “The days of a national minimum wage are really over,” Gimbel, founder and CEO of LaSalle Network, said on “The Exchange.” “That’s why the interesting
What a difference a decade can make. In 2010, batteries powered our phones and computers. By the end of the decade, they are starting to power our cars and houses too. Over the last ten years, a surge in lithium-ion battery production drove down prices to the point that — for the first time in
The amount of mergers and acquisitions in 2020 will trail the previous two years, transactions lawyer Michael Nemeroff told CNBC on Monday. “We still think 2020 will be robust, but not quite as robust as 2019 and 2018,” Nemeroff, the CEO of law firm Vedder Price, said on “Closing Bell.” The value of deals across
Ousted Nissan chairman Carlos Ghosn issued a statement on Tuesday confirming reports that he’s left Japan and is now in Lebanon. “I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied, in flagrant disregard
The 22.6 per cent slide remains the stock exchange’s biggest ever. The FT asks what has changed in the intervening years ► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Chipotle was founded in Denver in 1993 and grew to be one of the most successful fast-food companies ever. This video explains how Chipotle founder Steve Ells turned his love of burritos into a chain of about 500 restaurants over the past twenty years. Like this video? Subscribe to Bloomberg Business on YouTube: http://www.youtube.com/Bloomberg
Black hair is big business ? an estimated $2.7 billion industry in hair care alone. In recent years, the dramatic shift away from chemical relaxers in favor of natural hair has sparked a wave of innovation in the industry and created renewed opportunity for black entrepreneurs.
Activists participate in a rally urging the expansion of Social Security benefits in front of the White House July 13, 2015. Getty Images Raising the retirement age is an emotional issue. For evidence, just look at proposals to move up the full retirement age for Social Security. Even the idea upsets advocates who want to
U.S. stock index futures were slightly higher Monday morning. At around 2:00 a.m. ET, Dow futures climbed 23 points, indicating a slightly higher open of just 2 points. The S&P 500 and Nasdaq indexes were also marginally higher. U.S. equities have enjoyed a strong rally in December, with the main indexes hitting record highs last
Mekong River cruises are booming, particularly in Cambodia and Vietnam. In 2020, at least 10 river boats — some quite luxurious — will cruise the lush and navigable lower Mekong. Most resemble the river boats of Europe, staffed with chefs who prepare authentic regional fare and local guides who share cultural histories as well as
Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters The S&P 500 has risen nearly 30% this year on the back of stocks like Apple and AMD. The following stocks are Wall Street analysts’ picks to lead the benchmark in 2020. CNBC identified these stocks by
An exterior view of the GM Lordstown Plant on November 26, 2018 in Lordstown, Ohio. Jeff Swensen | Getty Images Adults in the U.S. are far more likely to die from opioid overdoses if they live in an area where an automobile assembly plant closed in the past five years, according to new research published
Logo and mascot ‘Ali cattle’ at the headquarters of Alibaba Group in Hangzhou. Zhang Peng | LightRocket | Getty Images Technology and bank stocks in Asia dominated the top picks for analysts in 2019, as shares in the region made strong gains this year. Mainland Chinese stocks also rallied this year, with the Shanghai composite
U.S. President Barack Obama signs the Affordable Health Care for America Act during a ceremony with fellow Democrats in the East Room of the White House March 23, 2010 in Washington, DC. Win McNamee | Getty Images Recently, a federal court decided the central provision of the Affordable Care Act requiring all Americans to be
A canceled flight, in many of us, inspires frustration and anger. And for billionaire Richard Branson, it’s no different. Only when the British entrepreneur was met with a cancelled flight in the early 80s, it inspired another response, too: A new business idea. Branson — already a successful businessman, having formed Virgin Records some years
Anti-aging products claim to make you look younger by reducing, hiding, or preventing the signs of aging. High-end anti-aging products are some of the most expensive single-use items in the world, but, according to skin experts, the lavish ingredients inside aren’t guaranteed or necessarily proven to be more effective than standard moisturizing ingredients. MORE SO
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Shadow banking is the talk of the town — and the talk of the FT, with a week-long series of pieces analysing this little-understood industry. Financial editor Patrick Jenkins offers the five important facts to remember about shadow banking. ► FT World News: http://bit.ly/1Exp0iJ ► FT
Oct. 21 (Bloomberg) — Bloomberg Businessweek’s Sam Grobart sits down with Nick Offerman, star of NBC’s “Parks and Recreation” and the author of Paddle Your Own Canoe, a tongue-in-cheek guide to manliness. (Source: Bloomberg) — Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of
Need to get to the airport fast? Uber now offers a helicopter service from downtown Manhattan to JFK airport in just 8 minutes. CNN’s Samantha Kelly flew aboard to see if it’s worth the price.
For some couples, this winter holiday will be unforgettable. December is the most popular time to pop the question and, for the recently engaged, 2020 will be the very beginning of a new life. However, weddings are expensive, and merging personal finances can get complicated. The average American wedding costs nearly $39,000, and more young
An Avengers fan holds tickets at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. Mike Blake | Reuters The 2019 U.S. box office is headed toward the second-best annual haul in cinematic history. As of Sunday, the movies released this year
Brendan McDermid | Reuters It has been a year for celebration on Wall Street, with the S&P 500 rising nearly 30%, but investors relying on seasonal trends probably found themselves frustrated as the market defied traditional patterns. January, February and June historically rank in the bottom half of any year for stock performance, according to
Chances are, making better money choices is one of your goals for 2020. Almost 99 million people will make a financial resolution this year, according to a recent survey from personal finance website WalletHub. For many, there are two burdens they want to eliminate in 2020: low savings and high debt. Putting aside more money
Traders work on the floor at the New York Stock Exchange, November 4, 2019. Brendan McDermid | Reuters Stock futures pointed to a higher open on Thursday morning, adding to a record-setting rally in the year-end. Futures on the Dow Jones Industrial Average rose about 36 points, implying a 31-point gain at the open. Futures
General Motors’ CEO Mary Barra testifies during a House Energy and Commerce Committee hearing on Capitol Hill, on April 1, 2014 in Washington. Getty Images DETROIT — Mary Barra became one of America’s best-known executives when she took the helm as the first female CEO of General Motors in 2014. But the recognition quickly turned
Fluffy comedian Gabriel Iglesias owns a $3 million collection of classic Volkswagen Buses. He keeps them in his enormous personal museum that resembles Volkswagen’s most famous German factory. His car collection also includes several very rare Beetles and muscle cars. For more, visit: Home MORE CARS INSIDER CONTENT: Collector Owns Two Rare Microcars Inside One
The Oscar-winning filmmaker spent 20 hours shooting a documentary with the Russian president, and tells the FT’s Matthew Garrahan that the western world has Vladimir Putin all wrong. ► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo
Nokona baseball gloves are made in Nocona, Texas using a number of different leathers including kangaroo, cowhide and buffalo. From hot stamping, to embroidering, to lacing, Nokona has been handcrafting ball gloves since 1934. Video by Brian Schildhorn Made is a series of short films that demonstrate how everyday luxury objects are made, and honor
Detroit is in a period of economic recovery, yet many of the hardest hit still don’t have adequate housing. The Cass Community Center Tiny Homes Project’s answer was to build 25 houses for less than $45,000 each.