Half of boomers and Gen X are poised to run out of money in retirement—but millennials are in a better spot, says report
Overall, 45% of American households are projected to run short on money in retirement.
Month: August 2024
Warren Buffett could have a ‘golden opportunity’ to buy if the market keeps tanking, analyst says
Berkshire Hathaway's cash pile hit a fresh record high of $276.9 billion, up from $189 billion in the prior quarter.
Women will soon have more money than men for the first time in history—and they’re following the MacKenzie Scott and Melinda Gates playbook
The unprecedented transfer of wealth to women is projected to reach $30 trillion in the next decade—and it will change the face of philanthropy.
Nearly everything on the U.S. stock market is sinking while Japan has worst day since 1987
The S&P 500 was down by 2.4% in midday trading and on track for its worst day since 2022. The Dow Jones Industrial Average was reeling by 864 points, and the Nasdaq composite slid 2.7%.
Schwab, Fidelity and other brokerages report ‘intermittent’ outages amid stock market meltdown
More than 15,000 users reported an outage at Schwab at 9:50 a.m. in New York, and the company said some customers “may have difficulty logging in."
How we built our bootstrapped startup different and sold it for $40M. (Hint: We ignored some myths)
Startup mythology is extremely compelling—Zuck! Musk! Gates!—but it doesn’t do entrepreneurs any favors.
Today’s financial panic looks like the stock crash in 1987—when the economy avoided a recession, market veteran says
“We had a crash in the stock market—that basically all occurred in one day—and the implication was that we were in, or about to fall into, recession. And that didn’t happen at all.”
Renter households surged at triple the rate of homeowners, analysis confirmed
In June, rents were 23% higher than before the pandemic, while mortgage payments were up 90%, according to Redfin.
Stocks are tanking. Should you buy the dip?
"Yes, yes, yes. Keep buying," one financial advisor says.
