admin June 20, 2018

I plan to invest half of my savings in a Standard & Poor’s 500 index fund, half in a total bond market index fund, withdraw 3.5% the first year of retirement and then adjust that amount annually for inflation. Is this a low-risk way to ensure my money will last throughout a long retirement?—J.R. I […]

admin June 20, 2018

CEOs are speaking out against the separation of children from their families at the US border. The top executives of Apple, Goldman Sachs and other powerful companies condemned the practice on Tuesday and called on the government to put an end to it. “Separating a child from a mother or father is not political. It […]

admin June 20, 2018

With unemployment near historic lows, there seems to be just one missing piece in the economic recovery: Wage growth. Take-home pay picked up in 2015 and 2016, but it has since flattened out at annual growth rates that remain substantially below the 5% that workers enjoyed prior to the Great Recession. There are lots of […]

admin June 20, 2018

Starbucks will close 150 poorly performing company-operated stores next year, about three times as many as it typically closes. The affected stores are located in mostly urban areas that are densely populated with Starbucks locations. The company told investors late Tuesday that it expects same-store sales to grow just 1% for the quarter that begins […]

admin June 20, 2018

Lesley Jane Seymour saw the writing on the wall as editor-in-chief of the now defunct More magazine, a magazine for women 40 and older. With five bosses and four publishers in eight years, and limited advertisers for women over 40, “you didn’t have to be a rocket scientist to know this is not a stable […]

admin June 20, 2018

Wells Fargo’s quest to clean up its act requires workers to shine a light on shady activity when they see it. A top Wells Fargo (WFC) executive said on Tuesday that employees are increasingly using the bank’s confidential hotline to report bad behavior. “Our volumes increased on our ethics line. We’re glad they did. People […]

admin June 20, 2018

A 13-floor “groundscraper” in London has been sold for $1.3 billion. The building in the city’s financial district was bought by a subsidiary of CK Asset Holdings, the property company founded by Hong Kong’s richest man, Li Ka-shing. 5 Broadgate is currently the London headquarters of Swiss bank UBS (UBS) and 5,000 of its workers. […]

admin June 20, 2018

Wells Fargo’s quest to clean up its act requires workers to shine a light on shady activity when they see it. A top Wells Fargo (WFC) executive said on Tuesday that employees are increasingly using the bank’s confidential hotline to report bad behavior. “Our volumes increased on our ethics line. We’re glad they did. People […]