If you’re on Medicare, you’re probably already familiar with Part D, the prescription drug benefit plan. But you may not know exactly how the optional program — which has been available to seniors since 2006 — has affected drug prices. Stigur Karlsson | E+ | Getty Images Today, a majority […]
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Financial experts: Saving for retirement isn’t ‘only about how much money you have’
Saving for retirement can feel daunting. With so many bills and expenses to take care of now, how can you save thousands, or sometimes even millions, for your golden years? The good news is, retiring comfortably isn’t just about the amount of money you’re able to put into the market. […]
Ex-Nissan CEO Ghosn settles SEC charges over $140 million in undisclosed pay
Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. Issei Kato | Reuters The U.S. Securities and Exchange Commission settled charges Monday against former Nissan CEO Carlos Ghosn and former director Gregory Kelly over false financial disclosures that omitted more than $140 […]
Elizabeth Warren’s wealth tax could include a $1 million marriage penalty
Sen. Elizabeth Warren’s proposed wealth tax may create a new incentive for rich couples to divorce to avoid the tax. In a recent analysis of the Democratic presidential candidate’s signature tax, Harvard economist N. Gregory Mankiw said that because of the nature and structure of the tax, ultra-wealthy couples could split […]
This 20-year-old is paying for college (and more) off an amateur video game he made in high school
A lot of teenagers spend their final year of high school preparing for college. But what Alex Balfanz did during his senior year ended up paying for college. A 20-year-old student who recently began his junior year at Duke University, Balfanz is also the co-creator of the hit online video […]
The trade war is weighing ‘like a big, dark cloud’ on the global economy, says Christine Lagarde
For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy. Lagarde, who has run the International Monetary Fund since 2011 and was selected in July to replace Mario Draghi on Nov. 1, said the tariffs that the U.S. and China […]
Apple reveals details of Oprah’s exclusive new streaming show
Tim Cook, chief executive officer of Apple Inc., waves while onstage with Oprah Winfrey, chief executive officer of Oprah Winfrey Network LLC, during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. David Paul Morris | Bloomberg | Getty Images Oprah Winfrey is […]
Survey: People aren’t as interested in the iPhone 11 because they’re waiting for a 5G model
Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan. Tomohiro Ohsumi/Getty Images Buyer interest in Apple’s latest iPhone line up is lower than the previous year despite a more affordable […]
Rep. Deb Haaland: For Native American women, the pay gap is even wider—here’s a way to fix it
If I told you that Native women have to work 22 months to make what their white male counterparts make in 12 months, would you be surprised? This year, Native American Equal Pay Day lands on Sept. 23, a day that shows how much longer Native women must work before […]
Here’s how much financial advisors should invest in alternatives to make a difference
Oliver Furrer | Cultura | Getty Images You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting the volatility you get […]