Category: Finance

What federal workers can do to generate some cash amid the shutdown

Be wary of taking money from these sources: Your retirement plan: Government workers who participate in the Thrift Savings Plan and are furloughed may take loans from...

Wall Street hits Trump for ‘madness’ on talk of firing Jerome Powell

Trump could be merely blowing off steam, or his comments could be indicative of something more serious. The Federal Reserve Act specifies that a president can remove...

Life expectancy is dropping in the US, but not for everyone

Medical advances are supposed to mean we all live longer. In the U.S., however, the outlook isn’t so clear. For the first time in 50 years, life expectancy dropped...

Goldman says U.S.-China not likely to reach trade deal by March and more tariffs are coming

Jim Watson | AFP | Getty Images President Donald Trump (L) and Chinese President Xi Jinping walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7,...

7 year-end tax tips to increase your refund

Reduce your taxable income dollar-for-dollar by contributing as much as you can to your 401(k) or employer’s retirement plan by Dec. 31. If you are 18 or older,...

Costco downgraded as members-only retailer faces higher sales hurdles

Daniel Acker | Bloomberg | Getty Images A woman shops at a Costco Wholesale Corp. store in East Peoria, Illinois. Tougher sales comparisons and food price deflation at...

Most struggle to save for retirement no matter age, gender or income

In a perfect world, saving for retirement would be easy. That world assumes everyone makes an adequate salary, can afford all their necessities and a few frills, and...

Trump’s quest to drive down oil prices turns the screws on US drillers

President Donald Trump is rooting for oil prices to fall even further after a stunning plunge over the last seven weeks. The U.S. oil and gas industry, a pillar of...

Roth 401(k) plans are an often-missed retirement savings opportunity

But few employees are taking advantage of Roth 401(k) plans. Just 18.1 percent of workers across all plan sizes had made an after-tax Roth contribution to their...

Volatility bashes hedge funds, which are now negative for the year 

October’s miserable market month took its toll across the board, including the hedge fund industry, which collectively turned negative for the year. Hedge fund...