Finance

Of millennial workers with an active 401(k), 43 percent expect to retire before the age of 65, based on data from T. Rowe Price. For Generation X — often defined as those aged 40 to 55 — that figure is 35 percent. While the T. Rowe Price survey targeted a privileged group, broader polls have […]

A top campaign adviser says Mike Bloomberg would sell the financial data and media company that bears his name if elected U.S. president By KATHLEEN RONAYNE Associated Press February 19, 2020, 2:09 AM 4 min read SACRAMENTO, Calif. — Mike Bloomberg would sell the financial data and media company he created in the 1980s —

Elie Kapengut, 18, a freshman at Rutgers University, said his first aid letter from the school had included student loans. He didn’t want to borrow, though, so he didn’t take the required steps to accept the loans. A revised aid letter showed that the loans had been removed, he said. But a later statement included

Workers are stuck in their hometowns. Officials want detailed health plans before factories or offices can reopen. Assembly lines that make General Motors cars and Apple iPhones are standing silent. More than two weeks after China locked down a major city to stop a dangerous viral outbreak, one of the world’s largest economies remains largely

DuPont Co. says its executive chairman is assuming the duties of CEO February 18, 2020, 11:24 PM 2 min read WILMINGTON, Del. — DuPont Co. said Tuesday that its executive chairman is assuming the duties of CEO. Ed Breen will replace Marc Doyle as chief executive effective immediately, the company said. The move is part

Feb 18 (Reuters) – Two things in life are certain for Lori St. Kitts: sex and taxes. St. Kitts is one of the few U.S. tax preparers who specialize in helping people report income from sex work, a sprawling industry that straddles the above-board and underground economies. As this year’s April 15 tax filing deadline

Once you decide on your approach, you have another choice: active management, where fund managers handpick the contents of a portfolio company by company, or passive management, where they might license an index. Active funds tend to have higher fees, particularly for international funds where more expensive research may be necessary. And high fees can

Walmart said on Tuesday that while it continued to monitor the coronavirus outbreak in China and around the world, the company was not lowering its sales forecast for this year. The world’s largest retailer released the announcement with its fourth-quarter earnings, one day after Apple warned of a slowdown. Apple had said its supply of

NEW YORK — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the year and a rare quarterly miss, its worst in about five years.

If you recoil at the thought of preparing your own tax return and wonder how you can find a good certified public accountant (C.P.A.) or tax accountant, you’re not alone. According to the I.R.S., of the more than 138 million tax returns e-filed through November 22, 2019 (for the 2018 tax year), about 58 percent