Finance

More than two decades ago when a mega entertainment and shopping complex was being conceived on a vast swath of swamp land in New Jersey, the iPhone didn’t exist, Amazon was only selling books online and malls were where you went for all your shopping needs. Now, after endless fits and starts and billions of […]

Regardless of their income, families with no emergency savings are more likely to suffer financial hardship, said Catherine S. Harvey, the author of the AARP report. Ms. Harvey cautioned that just because people didn’t have a specific emergency savings account didn’t mean they lacked a plan to deal with unexpected expenses — even if it

Governments have pledged nearly $10 billion toward an international fund meant to help poor nations tackle climate change will reach , France‘s finance minister said Friday. Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said “it’s a great success” that he attributed largely to European countries, noting

Japanese technology giant SoftBank has committed billions of dollars to bailing out office-space sharing startup WeWork in a daring vote of confidence from its intrepid founder Masayoshi Son. WeWork’s woes are substantial enough that some analysts say they could derail the investment ambitions of SoftBank’s mammoth Vision Fund. But, as one of the most innovative

They can create a false sense of security, especially if their components are not well understood, according to Jonathan Clements, the author of “How to Think About Money” and editor of the website HumbleDollar. Retirement calculators can vary widely based on assumptions like projected market returns or inflation, yet many investors overlook these complexities and

Global shares were mixed Friday, after Wall Street indexes posted modest gains, cheered by solid profits and forecasts from U.S. technology companies. But uncertainties such as U.S.-China trade tensions and Britain’s unruly process toward leaving the European Union weighed on investor sentiment. France’s CAC 40 edged up 0.2% to 5,692.86. Germany’s DAX slipped 0.2% to

As Russian and Turkish leaders divvy up security roles in northeast Syria following an abrupt U.S. troop withdrawal, President Donald Trump is focused on oil fields elsewhere in the war-torn country. Trump spurred a fresh wave of criticism Thursday with a tweet noting that he had spoken with Syrian Kurdish military chief Mazloum Abdi and

Billionaire Samsung scion Lee Jae-yong appeared in court Friday for a retrial on corruption allegations linked to a 2016 scandal that spurred massive street protests and sent South Korea’s then-president to prison.   “I feel deeply sorry for worrying many people,” Lee said while facing a barrage of camera clicks before walking into the Seoul High

Japan’s trade minister resigned Friday a month into his job in a scandal over condolence money allegedly being offered to election supporters. Prime Minister Shinzo Abe said Friday he had accepted the resignation offer by Isshu Sugawara and apologized for appointing him. Abe named Hiroshi Kajiyama, formerly the minister in charge of regulatory reform, as

The Latest on Brexit (all times local): 8:15 p.m. Britain’s main opposition Labour Party says it has not decided whether to support Prime Minister Boris Johnson’s call for a snap general election. Labour leader Jeremy Corbyn says he will wait and see whether the European Union agrees to delay Britain’s scheduled Oct. 31 departure from