Perhaps one of the greatest financial missteps people make is believing that retirement is an event or a “zone” one enters later in life. So says Gregory Salsbury, author of Retirementology: Rethinking the American Dream in a New Economy. Salsbury sees it more as a process: “All of your financial behavior—earning, saving, borrowing, investing—impacts your retirement. It begins as soon as you’re able to put money away, not sometime in the future,” he says. “People often think they don’t have to worry about retirement because they’re not yet in the zone—they still have 20, 30, 40 years to worry about it.” (more)
ORLANDO, Fla. (AP) — The share of Democratic supporters donating to Charlie Crist’s U.S. Senate campaign has multiplied since the Florida governor left the GOP in April to run as an independent, according to an analysis by The Associated Press. (more)
There has been much said about the anti-incumbent wave sweeping the country, but there may be something more interesting — and unusual — going on: an anti-appropriator wave. (more)
NEW DELHI — The Indian rupee joined the U.S. dollar, the British pound, the euro and the Japanese yen on Thursday when it got its very own symbol. (more)
Democrat Jeff Greene only raised $3,036 dollars for his Florida Senate campaign over the last two months, according to FEC filings. But this definitely doesn’t mean he has a money problem. (more)
SINGAPORE — The wealth of rich Asians has surpassed Europe’s millionaires for the first time as the region’s stock and property prices rebounded from the global recession, a report showed Wednesday. (more)
Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a growing segment of the population that is thinking long and hard about the future of our country in ways we have not seen before. In this article, I discuss the principled basis for practical solutions. In particular, I argue the principle of subsidiarity should be central in our deliberations as we forge ahead. (more)
Why is it that Jerry Seinfeld, the American actor who had a hit 1990s TV show named after him, is always smiling? It could be because he is party to a little secret that has just been disclosed – that his show, Seinfeld, has made $2.7bn in repeat fees since it went off the air 12 years ago. (more)
ALLENTOWN, Pa. — No money? No problem! Pay with time, instead. (more)
Representative Patrick McHenry, a North Carolina Republican, wants Ronald Reagan to replace Ulysses S. Grant on the $50 bill. Almost 8 in 10 Americans oppose the idea, a new poll shows. (more)
PORT-AU-PRINCE —”I’m Ben,” said Ben Stiller, looking like a lost tourist as he shook the hand of Haitian artist Philippe Dodard. (more)
WASHINGTON (AP) — The folks who print America’s money have designed a high-tech makeover of the $100 bill. It’s part of an effort to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas, Federal Reserve Chairman Ben Bernanke says. (more)
WASHINGTON – The Federal Reserve issued new rules on Tuesday to protect Americans from getting stung by unexpected fees or restrictions on gift cards. (more)
[T]here’s one big group that’s singularly unimpressed by the size of the deficit: the world financial markets. (more)
Amidst all of the excitement about the Vancouver Olympics and consternation over the still-lingering jobless recovery, there was a flickering, glimmering light that sparked in the ashes of this nasty recession about a week ago and hardly anyone noticed.
The Fed announced a teeny-tiny rate hike on the money they loan the largest banks. (more)
As if the credit markets aren’t already under enough pressure, the mass intrusion of state and federal debt will only make matters worse. (more)
Three quarters of women are having less sex than a year ago – but when they do get round to making love it is far WILDER. (more)
One month ago, singer Wycef Jean’s “NGO” (for”Non-Governmental Organization) called “Yelle Haiti” raised just over $1 million to help victims of the 7.0 Haiti Earthquake. At the time, scores of non-profit organizations sprang up to announce some kind of effort to assist the quake-damaged country. (more)
HONG KONG — For the second time in less than five weeks, China’s central bank has moved to limit lending to consumers and businesses by ordering big commercial banks to park a larger share of their deposits at the central bank. (more)























