Some Women Attain an Enviable Status: 401(k) Millionaire

Accumulating $1 million in retirement savings is symbolic, even if it means different things to different people. It represents an aspirational amount of wealth to some, financial security to others...

Soho House, but Make It Enlightened

You’ve co-worked, co-lived and co-exercised. Are you ready to co-commune? Welcome to the Assemblage, a new club in Manhattan’s upscale NoMad neighborhood. Its evening-only memberships start at $200 per month,...

Real Estate Agents Mobilize to Shield Homeowners on Tax Plan

For decades, the real estate industry has benefited from generous tax deductions that raise home values by making it cheaper for people to own property and shoulder their local...

In Oregon, You Can Now Save for Retirement. Unless You Object.

The lack of retirement savings among Americans is almost universally bemoaned but nudging, prodding and lecturing have done little to build up nest eggs for old age. So some...

Generation Grumpy: Why You May Be Unhappy if You’re Around 50

As people get older, they tend to become more at peace with their finances, survey research shows. But not the current crop of middle-aged Americans. Let’s call them the Grumpy...

U.S. Officials Approve NYC Public Housing for Private Management

Federal housing officials have approved New York City’s request to move 62,000 public housing apartments into a $13 billion rent-subsidy program in the next decade, eliminating its reliance on...

Sears Prepares for More Store Closings as Revenue Slumps

(Bloomberg)—Sears Holdings Corp. kicked off another fiscal year with declining sales from a dwindling number of stores, and more closings are on the way. The operator of Sears and Kmart...

Global X Funds Announces Suite of China Sector ETFs and Next...

Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today announced that its suite of China Sector ETFs will undergo index changes to track China sector indexes...

Middle East leads the world in angel investing

Dubai: Middle Eastern entrepreneurs are leading the way when it comes to angel investing, according to an HSBC report on ‘Private Banking Essence of Enterprise’. Two-thirds of entrepreneurs in the...

New Strategies for Smart Borrowing

A lot of financially savvy people make a distinction between good debt and bad debt. Good debt is used to finance goals that will improve your net worth--such as...

Auto care entrepreneurs: Brothers combine skills for foray into business

Brothers Christopher and Martin Collings celebrated the opening of their co-owned franchise, Honest-1 Auto Care of North Richland Hills this spring. The Collingses took on the location from previous franchisees...

Azerbaijan’s Gold Exports Up

In January-October 2018, Azerbaijan's gold exports amounted to $99.9 million, which is 1.5 percent more compared to the same period of 2017 in terms of value, the November issue...