Move over, pumpkin spice latte. You’re no longer the only budget-crusher in town. Unconscious spending is the next Starbucks-like personal finance cliché, says Chris Kampitsis, a certified financial planner at the Barnum Financial Group in Elmsford, New York. “An overuse or overreliance on subscriptions, everything from Netflix to different delivery services, like monthly boxes, all
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Getty Americans increasingly believe that they won’t be able to retire at age 65 and enjoy financial stability in old age. In fact, 1 out of 3 workers recently surveyed by the Employee Benefits Research Institute expect to work until at least age 70 or never retire. Yet those who either want or need to
Aston Chase launched the first prime build-to-rent scheme in St John’s Wood, Blenheim Terrace. The … [+] five-bedroom townhouses, which span 4,025 sq ft each, are available to let for £5,500 a week. goldlens.co.uk An increasing number of high net worth individuals are opting to rent rather than buy in London, where the luxury residential
France became the most recent major taxing authority to introduce a new digital tax when, this past July, lawmakers approved a 3% levy on revenue from digital services earned in France by companies with more than 25 million euros in French revenue and 750 million euros ($838 million) worldwide. With the new law, France joined
Large corporates including McDonald’s, Uber and Johnson & Johnson no longer have chief marketing officers (CMOs) and the role risks becoming outdated next year, according to a new report. The digital age has meant that consumers have more ways of experiencing a company than ever: from the ads they see on their Instagram feed to
In this photo illustration, packages of Beyond Meat “The Beyond Burger” sit on a table, June 13, 2019 in the Brooklyn borough of New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. GrubHub— Shares of the food delivery company plummeted more than 40% after GrubHub reported disappointing
UAW members on strike outside a GM plant in Flint Michigan on Sept. 16th, 2019. Michael Wayland | CNBC DETROIT – A 40-day strike by the United Auto Workers union against General Motors cost the automaker about $3.8 billion for the year, significantly higher than previously estimated by Wall Street. After accounting for interest and taxes,
kupicoo | E+ | Getty Images The aging army of independent registered investment advisors who have spearheaded the growth of the financial planning profession need to follow their own advice when it comes to their businesses — for their clients’ sake, as well as their own. With the average age of financial advisors somewhere in
Sergei Konkov | TASS | Getty Images As Alphabet shares fell after the Google-parent missed Wall Street’s third-quarter earnings expectations, one analyst proposed a solution: Divest YouTube, one of the tech giant’s most valuable assets. “We think GOOGL should spin off part or all of YouTube, which we estimate would be worth $300B on a stand-alone basis,”
If Valentine’s Day is a Hallmark holiday, Halloween was made for Instagram. When it comes to spending, nearly half, or 48%, of millennials said they purchased items strictly for the social media posts, compared to less than a third of those in Generation X, according to a new report from CompareCards by LendingTree. About 4
Look on the bright side. For real. Scientists at Boston University School of Medicine and Harvard University say just being optimistic can help you live longer. Specifically, their research showed both men and women who had higher levels of optimism had longer life spans, and that both sexes had a greater chance of living past
Since most young adults are in a very low tax bracket, even 0%, a Roth IRA may be the perfect way to … [+] help your child begin to save and invest for their future. Getty You don’t have to be an adult to begin saving for retirement. Provided the teenager or college student has
Antoni Porowski and Yael Aflalo at the Forbes 30 Under 30 Summit in Detroit. Adi Muhtarevic On July 4, Antoni Porowski posted a photo on Instagram of him and Queer Eye co-star Jonathan Van Ness sharing a kiss. The chaste peck was meant as a joke, a coy wink to hopeful fans, but the bit
Deck hands tighten sections of steel pipe and insert them back into a well on a natural gas drilling rig outside of Artesia, in eastern New Mexico, which is part of the Permian Basin that extends into the state to the west of Texas. Robert Nickelsberg | Getty Images News | Getty Images Oil markets
Employees walk in Luziajui business district of Shanghai, China. Lucas Schifres | Getty Images BEIJING — The Chinese government’s latest efforts to make it easier for foreign businesses to operate locally come as China’s own companies seek to be global players. China pushed ahead this month with long-awaited announcements for removing foreign ownership limits in
A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood neighborhood of Los Angeles, California. Christopher Lee | Bloomberg | Getty Images Walgreens Boots Alliance‘s fiscal fourth-quarter profit slid 55% as the company spent more to shutter unprofitable locations and scaled back its tobacco sales. Still, the drop in its
Dara Khosrowshahi Patrick T. Fallon | Bloomberg | Getty Images Ride-hailing giant Uber is making a deeper push into financial services. The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards. The emphasis, at first, will
Share to facebook Share to twitter Share to linkedin While the U.S. has stayed strong, some other major economies are facing recessions. Getty Topline: Amid a global slowdown in economic growth that has seen central banks lower interest rates near zero or below in an effort to provide stimulus, here’s a look at which of
Oct. 20 Tornado destruction Andy Luten We lived through what we now know is the most costly tornado in Texas history: more than two billion in damages, according to the Insurance Council of Texas. More than 30,000 auto and residential claims have been filed to date, and ICT tells me claim costs could be higher
Year-End is a great time for Tax-Loss Harvesting. Getty The goal of tax-loss harvesting to lower your overall taxes. With proactive tax planning, you may be able to lower your taxable income by selling off losing investments. Similarly, you can offset some long term gains by selling investments that may have lost money over the long term. In