Albert Bozzo is senior news editor in charge of features and specials at CNBC.com. Most recently he was executive producer and director of video programming at Forbes.com. In the past seven years, Bozzo has held senior news room positions at several Internet sites. In addition, he spent 15 years in financial TV, including a variety of senior positions at CNN and Bloomberg in London and New York. Bozzo is the recipient of such industry awards as CableACE and Overseas Press Club. He holds degrees from Beloit College and Columbia University.
Financial reform proposals for Social Security are in two major deficit reduction packages, as well as on a number of mental lists of major players.
Treasurys and high-quality corporate bonds remain the favorites, even with their already unexceptional — and in some cases unprofitable — yields.
For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.
“The European countries realize they need more workers,” said one demographic expert. "“It lowers potential [economic] growth rates. Where it becomes very problematic is the impact it has on social spending.”
There’s yet another wrinkle in the new age of retirement and job insecurity — keeping track of all those company retirement savings plans you’ve racked up, along with that IRA you opened years ago, and creating a coherent investment strategy with them.
U.S. investors who've been cringing over the Chinese and Brazilian stock markets the past few years might have looked closer to home for an emerging market.
Many of the players and parts are obvious; local leaders, governors and members of Congress, CEOs, friends of the candidate, family members. What stands out are the Main Street Americans, everyday people, making cameo appearances. Here's how they get picked.