Sean Murphy | Stone | Getty Images If you’re taking a hefty check from your 401(k) plan as you leave your employer, you might be making a big mistake. Just over 9 out of 10 employers give their employees multiple options to take a distribution from their retirement plan, according […]
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Three before you leave — What to watch for in the market Thursday
Historic Pepsi-Cola neon sign on the Long Island City waterfront in Queens, New York City. Karlheinz Irlmeier | Getty Images Here are the most important things to know about Thursday before you hit the door. 1. Is the economic slowdown contained? Investors will be holding their breath for a read […]
US to impose tariffs on EU aircraft and agricultural products
The U.S. will impose tariffs on European Union products following a victory at the World Trade Organization, according to senior officials from the Office of the U.S. Trade Representative. The USTR plans to release a product list as early as Wednesday night, and the duties would take effect Oct. 18. […]
Here’s how young people can overcome their fear and start investing
Tyler Huck, his wife Claire and daughter Camryn. Source: Tyler Huck When Tyler Huck graduated from college in 2008, it was smack in the middle of the financial crisis. That shaped his views on money and investing. “I saw friends, family lose heavy money on real estate,” Huck said. “I […]
Ruth Bader Ginsburg: ‘I drop everything’ for my workouts
Over the years, 86-year-old Supreme Court Justice Ruth Bader Ginsburg has become somewhat of a fitness icon. Working out with a personal trainer is a key part of her health routine and has allowed her to stay energized in her 26th year serving on the United States Supreme Court. In […]
Melinda Gates commits $1 billion to expand ‘women’s power and influence’ in the US
As one of the most powerful women in the world, Melinda Gates has been vocal about her desire to increase the amount of opportunities and access afforded to other women. On Wednesday, the philanthropist and co-founder of the Bill and Melinda Gates Foundation announced that she will be committing $1 […]
Trolls will use fake videos to try and sway the 2020 election, warns Alphabet researcher
Yasmin Green, director of research and development for Google’s Jigsaw. Brian Snyder | Reuters There’s a race to “inoculate” consumers against false and inflammatory content ahead of the 2020 elections, according to the head of R&D for an Alphabet subsidiary that monitors online disinformation. But so-called “deepfake” videos, where videos […]
Trump says Pelosi’s promise to work with him on drug price plan is ‘camouflage’ for impeachment
President Donald Trump speaks at the Hispanic Heritage Month reception at the White House in Washington, September 27, 2019. Kevin Lamarque | Reuters President Donald Trump is accusing House Speaker Nancy Pelosi of trying to distract voters from the Democratic impeachment inquiry with promises to work with the White House […]
Williams says the Fed has the tools to fight a recession and can use them ‘more quickly’ next time
New York Federal Reserve President John Williams said the central bank has the tools to fight another recession and could deploy them even more aggressively next time around. Williams indicated the Fed has enough stimulative methods even as its benchmark interest rate is now below 2%, leaving little room for […]
ATM bank fees hit a record high — and it’s draining your cash
Westend61 | Westend61 | Getty Images Get ready to pay more to retrieve your cash at an ATM. That’s because customers who withdraw money outside of their bank’s network are now paying an average fee of $4.72 — a record high, according to an analysis by Bankrate.com. That’s up 33% […]