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Coronavirus bill will create 'devastating' incentive to lay off employees, critics say


Created: Fri, 27 Mar 2020 17:54:54 GMT

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New coronavirus relief legislation would greatly expand benefits for unemployed workers, and extend payments to previously ineligible groups like gig workers.

Read more: Coronavirus bill will create 'devastating' incentive to lay off employees, critics say


Op-Ed: Financial advisors help clients navigate through uncertainty


Created: Tue, 24 Mar 2020 12:31:01 GMT

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The best financial advisors will choose to stay connected with their clients throughout the coronavirus crisis and be creative in evolving their services on a human level. Keep adding to your market volatility playbook — this isn't the first time we've encountered turbulence in the markets, and it won't be the last.

Read more: Op-Ed: Financial advisors help clients navigate through uncertainty


Op-Ed: 'Big Bang Theory' producer's investment philosophy helps him through the crisis


Created: Tue, 24 Mar 2020 15:14:15 GMT

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'Big Bang Theory' TV producer David Goetsch has come up with an approach to life, and investing, that's helping him weather the storm around the coronavirus pandemic and its effect on the stock market.

Read more: Op-Ed: 'Big Bang Theory' producer's investment philosophy helps him through the crisis


Widows can lead a rewarding life after grief and growth stages


Created: Sun, 22 Mar 2020 13:16:01 GMT

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After a spouse's death, women look for new interests in a life without a partner. Here's how widows can be ready for more advanced wealth-management issues, including legacy planning.

Read more: Widows can lead a rewarding life after grief and growth stages


Private jet industry — the transportation of choice for the wealthy — asks for bailout funding


Created: Sat, 21 Mar 2020 00:30:26 GMT

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The private-jet industry is asking Congress for bailout money, even as many private jet companies say sales are strong as wealthy flyers avoid commercial flights.

Read more: Private jet industry — the transportation of choice for the wealthy — asks for bailout funding


Panicked wealthy fleeing the coronavirus drive up rental prices in the Hamptons and Hudson Valley


Created: Fri, 20 Mar 2020 17:13:18 GMT

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As New York City considers "shelter in place" rules and the number of coronavirus cases skyrockets, wealthy New Yorkers fleeing the city are driving up the prices of rentals in the Hamptons and Hudson Valley.

Read more: Panicked wealthy fleeing the coronavirus drive up rental prices in the Hamptons and Hudson Valley


Cramer: 'We cannot have the fat cats make money at the expense of the workers'


Created: Thu, 19 Mar 2020 14:16:01 GMT

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CNBC's Jim Cramer said whatever corporate America looks like after the coronavirus crisis, CEOs should not benefit more than their employees.

Read more: Cramer: 'We cannot have the fat cats make money at the expense of the workers'


A tale of two coronavirus relief efforts: One for the rich, one for the poor


Created: Wed, 18 Mar 2020 16:18:04 GMT

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A payroll tax cut would benefit the richest Americans, while sending checks to each U.S. household to prop up the economy would favor the poor, according to a new analysis.

Read more: A tale of two coronavirus relief efforts: One for the rich, one for the poor


A road map to the magnificent wine estates around Cape Town


Created: Mon, 16 Mar 2020 03:34:39 GMT

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With around 900 wineries in the Western Cape alone, it's good to approach the region with a plan. Here is a three-day guide to exploring the Cape Winelands and Constantia, with one day reserved for the world-class restaurants and wine bars in Cape Town itself.

Read more: A road map to the magnificent wine estates around Cape Town


Guide to summer travel: Where to go, what to do — and whether to book at all


Created: Fri, 13 Mar 2020 06:46:33 GMT

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In light of the worldwide coronavirus outbreak, what should you do about summer travel plans? Book or wait? Fly or drive? Read our guide to help decide if and where you should go, and to get interesting ideas to stay safe during your summer break.

Read more: Guide to summer travel: Where to go, what to do — and whether to book at all


What to ask yourself before making any investment moves as the market falls


Created: Thu, 12 Mar 2020 18:52:25 GMT

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As stocks hit their worst-performing week since the Financial Crisis, most investors are tempted to make big moves or do nothing at all. One behavioral finance expert says it's wise to take a more strategic approach. These tips can help assess whether you're moving in the right direction.

Read more: What to ask yourself before making any investment moves as the market falls


New York real estate hit by coronavirus, market decline


Created: Thu, 12 Mar 2020 18:23:14 GMT

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Coronavirus fears are starting to hit the New York City real estate market

Read more: New York real estate hit by coronavirus, market decline


The 50-year-old founder of Rockstar just got a $3 billion check from PepsiCo


Created: Wed, 11 Mar 2020 17:36:23 GMT

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Russell Weiner is a cash-rich billionaire after selling Rockstar Energy Drinks to PepsiCo for $3.85 billion.

Read more: The 50-year-old founder of Rockstar just got a $3 billion check from PepsiCo


What Merrill is telling clients now amid market uncertainty


Created: Tue, 10 Mar 2020 20:09:12 GMT

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Fears of coronavirus and oil price wars have sent the markets into a tailspin in recent weeks. But there is still hope for the long-term economic outlook in the U.S. And individual investors who have a plan should be prepared to weather any storms. Here's how Merrill Lynch Wealth Management is advising its clients.

Read more: What Merrill is telling clients now amid market uncertainty


In this volatile market, it's key to keep it simple


Created: Tue, 10 Mar 2020 13:42:36 GMT

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When it comes to financial planning during times of crisis, chances are you don't need to find a new strategy or way of doing things. What you need is this simple thing: Have a plan.

Read more: In this volatile market, it's key to keep it simple


Get those money issues settled before the marriage


Created: Tue, 10 Mar 2020 14:29:22 GMT

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Whether you're getting married or moving in together, you need to sort out the details of your finances, from who pays for what to how bills actually get paid. Here are six things every woman needs to know about relationship money.

Read more: Get those money issues settled before the marriage


The country turning riberry, emu and green ants into fine dining fare


Created: Tue, 10 Mar 2020 08:02:10 GMT

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Bush food is finally getting the attention it deserves as some of Australia's top restaurants — including Attica and Ochre Restaurant — turn to the ingredients that Aboriginals have been eating for thousands of years.

Read more: The country turning riberry, emu and green ants into fine dining fare


Bezos loses $7 billion overnight, $18 billion in a month, as market sells off on coronavirus fears


Created: Mon, 09 Mar 2020 19:17:55 GMT

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Concerns over coronavirus have roiled markets and torched hundreds of billions in paper wealth from the world's billionaires over the past month. But last night's declines could be the largest overnight wealth loss in nearly a decade.

Read more: Bezos loses $7 billion overnight, $18 billion in a month, as market sells off on coronavirus fears


How wealthy investors are managing their portfolios amid the coronavirus scare


Created: Mon, 09 Mar 2020 15:32:27 GMT

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The rapidly-spreading COVID-19 is a so-called black swan event, even for well-to-do investors. Members of TIGER 21, an investment club for high-net worth individuals, are stocking up on cash.

Read more: How wealthy investors are managing their portfolios amid the coronavirus scare


Your guide to new, 'touchless' greetings


Created: Fri, 06 Mar 2020 04:42:02 GMT

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Especially if you're someone who travels frequently, meeting new people from new places, it feels important to offer some sort of physical gesture. And what's the etiquette for turning down a handshake anyway?

Read more: Your guide to new, 'touchless' greetings


Democratic Wall Street powerbroker thinks Biden can beat Sanders – 'but I would not bet my life'


Created: Thu, 05 Mar 2020 19:39:14 GMT

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"The greater the extent that Biden is seen as the Democratic nominee, I think investors will be comforted," Evercore founder Roger Altman said.

Read more: Democratic Wall Street powerbroker thinks Biden can beat Sanders – 'but I would not bet my life'


Handbags were the hottest investment for the rich last year


Created: Thu, 05 Mar 2020 20:00:24 GMT

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Handbags were a far better investment last year than art, according to according to a new report.

Read more: Handbags were the hottest investment for the rich last year


Here's what $1 million buys you in real estate around the world


Created: Wed, 04 Mar 2020 00:02:01 GMT

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A million dollars doesn't get you as far as it used to, especially in the world's most expensive cities.

Read more: Here's what $1 million buys you in real estate around the world


Bentley unveils $2 million Mulliner Bacalar sports car with 5,000-year-old wood


Created: Tue, 03 Mar 2020 16:50:34 GMT

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The iconic British automaker is describing the car as the "rarest two-door Bentley of the modern era." The company is only producing 12 of the vehicles, all of which have already been pre-sold.

Read more: Bentley unveils $2 million Mulliner Bacalar sports car with 5,000-year-old wood


Elon Musk defends Twitter CEO Jack Dorsey as activist investor seeks to oust him


Created: Wed, 04 Mar 2020 08:55:53 GMT

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"Just want (to) say that I support @Jack as Twitter CEO," Musk, the chief of Tesla and SpaceX, said in a tweet.

Read more: Elon Musk defends Twitter CEO Jack Dorsey as activist investor seeks to oust him


The world's largest island is finally drawing tourists


Created: Tue, 03 Mar 2020 04:04:25 GMT

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As neighboring Iceland gets more crowded, visitors are flocking to quieter, wilder Greenland. The world's largest island offers fjords, glaciers and unimaginable beauty, alongside whale watching and polar bear sightings — if you can stand the cold.

Read more: The world's largest island is finally drawing tourists


Wheels Up buys Gama, becoming top rival to NetJets


Created: Wed, 04 Mar 2020 14:56:12 GMT

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Wheels Up, the fast-growing private aviation start-up, acquired jet operator Gama Aviation, creating the second-biggest private aviation company in the U.S.

Read more: Wheels Up buys Gama, becoming top rival to NetJets


UBS's Jason Katz tells investors to hold their stocks and 'take a deep breath' this weekend


Created: Fri, 28 Feb 2020 22:43:14 GMT

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"The best trade, at a minimum, is no trade," UBS senior portfolio manager Katz said.

Read more: UBS's Jason Katz tells investors to hold their stocks and 'take a deep breath' this weekend


You can afford that item you want – but should you buy it?


Created: Mon, 02 Mar 2020 16:31:05 GMT

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Some common habits can cost you a lot of money without you even realizing it. Here's how to cut costs so you spend on the things that will bring lasting value.

Read more: You can afford that item you want – but should you buy it?


Op-Ed: It's never too early to save for that emergency


Created: Thu, 27 Feb 2020 15:00:08 GMT

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Getting a tax refund each year is an excellent opportunity to start an emergency fund. Encouraging Americans to save is a key goal of the Consumer Financial Protection Bureau's "Start Small, Save Up" initiative, says Kathleen L. Kraninger, CFPB director.

Read more: Op-Ed: It's never too early to save for that emergency

 
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