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  • Chrysler's new minivan bets on a millennial baby boom Monday, 11 Jan 2016 | 12:01 AM ET

    The U.S. Census Bureau forecasts that by 2025, the United States will have 4 million more children under 13 years old. Fiat Chrysler, Honda Motor Co, Toyota Motor Corp, Nissan Motor Co and Korea's Kia Motors Corp sold just over 500,000 minivans in the United States last year. "The pie is a lot smaller than it once was, but there are fewer taking pieces of the pie," said Dave...

  • Opponents failed to stop the Labor Department last month, when Congress declined to add a rider to the omnibus federal spending bill that would have halted the rulemaking. If you doubt that we need this regulation, consider the case of JPMorgan Chase& Co. Just before the holidays, the largest bank in the United States agreed to pay $307 million to settle...

  • Stocks showdown: Baby boomers vs millennials Wednesday, 30 Dec 2015 | 6:05 PM ET
    Stocks showdown: Baby boomers vs millennials

    Baby boomer stocks such as Comcast, Carnival Cruise, Constellation brands and Costco, will breakthrough in 2016, says John Augustine, CIO of Huntington Wealth & Investment Management.

  • WATERLOO, Iowa, Dec 23- Matt Happel and Pam Egli are first cousins, part of a sprawling family so big it rents a church hall for Christmas parties. Happel, now a 40- year-old divorced father of three, was laid off in April from Deere& Co.' s transmission factory in Waterloo, where he earned $21 an hour on the assembly line. The Iowa cousins' Wall Street connection is a single,...

  • App more than just 'Tinder for Seniors': CEO Thursday, 19 Nov 2015 | 12:28 PM ET

    The start-up behind the app was able to raise $1 million in its first six months and has grown to serve a global user base of 25,000.

  • NEW YORK, Nov 4- Millennials are starting to earn real money. As millennials make big, life-changing purchases, such as buying their first home, they do not want to go it alone, according to new data from Ameriprise Financial. And they will be spending more in 2016. A recent report from Merrill Lynch found 61 percent of millennials expect to spend more this coming year,...

  • Are Chinese baby boom predictions overstated? Friday, 30 Oct 2015 | 1:23 AM ET
    Are Chinese baby boom predictions overstated?

    Gregg Wafelbakker, GM at Westland Milk Products, thinks China's decision to abandon its one-child policy will not see an immediate baby boom.

  • SAN FRANCISCO, Oct 15- Most California cities support a new strategy by the nation's largest public pension fund to make its investment portfolio more conservative, even though the move could gradually increase how much employers pay into the fund. The League of California Cities surveyed its members, which have been struggling to shoulder the burden of...

  • NEW YORK, Oct 13- A U.S. securities regulator, aiming to protect elderly clients from scams and their own diminished mental capacity, will propose rules requiring brokers to identify- when an account is opened- a "trusted" person who can make financial decisions if the client's judgment becomes impaired. The Financial Regulatory Authority will issue the...

  • CalPERS officers propose lower investment targets Tuesday, 13 Oct 2015 | 6:51 AM ET
    California Public Employees’ Retirement System headquarters is shown in Sacramento, Calif.

    California Public Employees' Retirement System officials are considering lowering its assumed rate of return following periods of strong performance.

  • Oct 12- California Public Employees' Retirement System officials, gearing up for payouts to exceed fund contributions as baby boomers retire, are considering a proposal to lower its assumed rate of return following periods of strong performance. The change may require cities and public workers across California to pay more into the system to keep it running,...

  • NEW YORK, Sept 17- The creations of New York fashion designer Jason Wu, a favorite of first lady Michelle Obama, sell for thousands of dollars apiece. Items like his Diane Mini Shoulder Bag, which retails for $1,495, and Wu's Camel Hair Capelet Trench Coat at $3,995 have always been well out of reach for most of the 32- year-old's fellow millennials.

  • YOUR MONEY-Are millennials becoming fashionistas? Thursday, 17 Sep 2015 | 2:55 PM ET

    NEW YORK, Sept 17- The creations of New York fashion designer Jason Wu, a favorite of first lady Michelle Obama, sell for thousands of dollars apiece. Items like his Diane Mini Shoulder Bag, which retails for $1,495, and Wu's Camel Hair Capelet Trench Coat at $3,995 have always been well out of reach for most of the 32- year-old's fellow millennials.

  • NEW YORK, Aug 17- Hillary Clinton has told the AFL-CIO she wants to improve Social Security benefits for women and lower-income seniors, offering a glimpse of the Democratic presidential front-runner's thinking on a topic she has rarely addressed on the campaign trail. In a questionnaire on labor issues from April that has not been made public, Clinton said she...

  • The latest Social Security horror story Monday, 22 Jun 2015 | 3:49 PM ET
    Denver Police Officer Robert Southern, right, and his partner Officer Darren Ulrich talk with Virgil McFarland outside the Social Security Administration offices just off the 16th Street Mall in Denver, CO January 30, 2015. McFarland was frustrated because of a problem with his disability check, the officers were able to diffuse the situation.

    The authors of "Get What's Yours: The Secrets to Maxing Out Your Social Security" share the latest Social Security woes they've received from readers.

  • Foods that may fade along with the baby boomers Tuesday, 2 Jun 2015 | 11:29 AM ET
    Shoppers at a Kroger supermarket in Peoria, Ill.

    Some of the most recognizable American food and beverage brands have fallen out of favor with U.S. consumers, while smaller brands are gaining favor.

  • A Warren Buffett move many boomers are following Monday, 9 Mar 2015 | 8:00 AM ET
    Last Will and Testament

    Warren Buffett is leaving his billions to charity, and many boomers are following suit to avoid turning their kids into rich loafers.

  • Men, why you should pay for dinner—forever Sunday, 8 Mar 2015 | 11:15 AM ET
    Woman in office

    A new ILO report finds the gender pay gap may not close for more than 70 years at the current rate.

  • DoubleLine's Gundlach: Short homebuilder ETFs now Friday, 8 Aug 2014 | 5:47 PM ET
    DoubleLine Capital CEO Jeffrey Gundlach speaks at the Bloomberg Markets 50 Summit in New York.

    Home ownership rates in will likely fall to levels last seen in the 1980s as millennials wait longer to form households, DoubleLine's Gundlach said.

  • Scammers, not grandkids, milk grandpa for cash Friday, 18 Jul 2014 | 10:07 AM ET

    Scammers posing as distressed grandkids are scamming grandparents into sending them money wires and credit cards. FT reports.