Verizon and Redbox have joined forces to rent physical DVDs and stream movies via the Internet, providing a service intended to rival Netflix, The New York Times reports.
JP Morgan Chase has become the latest bank to seek to settle a class action lawsuit alleging the bank wrongfully charged debit card customers millions of dollars in overdraft fees.
A GRAT? What’s that? A GRAT – or Grantor Retained Annuity Trust – is a trust that enables high net worth investors to minimize the estate taxes they pay on wealth passed onto the next generation.
Americans worried about retirement, college costs and higher taxes – and that’s most of us – can address all three concerns with special savings accounts offering a tax advantage, as well as a chance to finance higher education needs and the golden years.
Did her father sit her down to give her the Wall Street facts of life? “There were things he was definite about, like never, ever be late to work and never ever be the last to leave the bar,” she laughed.
The European Union allegedly set a deadline of Monday for the private Greek bondholders to indicate whether they accept the new bailout deal but Greek officials now say there is no deadline.
Baby boomers feel more financially secure than members of Generation Y (ages 21 to 34) and Generation X (ages 35 to 46), but the desire to give more to children and grandchildren is felt universally across the generations.
An Associated Press poll last October found that 30 percent of teens and young adults have had their email, Facebook, or other online accounts hacked into or spied on, but they believe the act is harmless.
Health concerns top the list of personal issues affecting high net worth investors – and for good reason. Industry experts say rising health care cost threaten the retirement security of the baby boomer generation – even its most affluent members.
More affluent Americans are answering the question, “How Can I Pay for College?” by investing in 529 plans, which offer a convenient, tax-advantaged way to finance higher education.
A significant share of Americans manage their money without any help from a financial professional, but certain life events or set of circumstances may call for investment help from a financial professional. How can you tell when you need professional to help you meet your financial goals?
Want to join the ranks of the Ultra High Net Worth? The steps are simple and may even sound a little bit old-fashioned, but that doesn’t mean the road to wealth is necessarily an easy one, according to Millionaire Corner research.
“I look at it this way: I can pay higher taxes and people can have jobs, or I can pay lower taxes and have my kid’s teacher asking me for a loan ‘cause she’s going to lose her house, which is true. So I’m going to lose the money no matter what.”--Chris Rock
The U.S. economy continues to improve at a moderate pace, but future growth is threatened by an “exceptional increase” in the national deficit, said Federal Reserve Chairman Ben Bernanke today in Congressional testimony urging legislators to make curbing the nation’s debt a “top priority.”
The four-week moving average, a less volatile number that flattens out week-to-week fluctuations in the data, was 375,750, a decrease of 2,000 from the previous week.
Facebook Inc. yesterday filed to raise $5 billion through an initial public offering that would be the largest Internet IPO on record, Bloomberg News reports. The revolutionary social networking website reported a 24-fold increase in sales over the past four years and took in revenue of $3.71 billion in 2011. The eight-year old company is considering a valuation between $75 billion and $100 billion.
Did her father sit her down to give her the Wall Street facts of life? “There were things he was definite about, like never, ever be late to work and never ever be the last to leave the bar,” she laughed.
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