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  • NEW YORK— Saturday is the one-year anniversary of the stock market's record high. And no, you didn't miss the party, because no one seems to be in the mood to celebrate. More gains may be on the way, strategists along Wall Street say, though the forecasts are largely for only modest gains, and rocky ones at that.

  • DETROIT, April 28- U.S. consumers who are under 40 are more open than older people to self-driving cars and their underlying systems, according to a survey released on Thursday by J.D. Power. 'is always the key question, "said Kristin Kolodge, J.D. Power's executive director of driver interaction and human machine interface research. Consumers also balked at the...

  • DETROIT, April 28- U.S. consumers who are under 40 are more open than older people to self-driving cars and their underlying systems, according to a survey released on Thursday by J.D. Power. Consumers also balked at the projected prices on some of the underlying equipment, J.D. Power said. The level of trust in such systems "is directly linked to the level of interest...

  • NEW YORK, April 15- Nearly 70 percent of baby boomers view a gift of money as an expression of love, according to a Merrill Lynch survey released on Friday. While this may sound wonderful, it can complicate estate planning, especially if the generation receiving the inheritance sees things differently. You don't want somebody to feel less loved, " Michael Liersch,...

  • CHICAGO, April 14- Planning for retirement is tough enough- and it gets even tougher when retirement benefits you expect to receive from an employer are changed on short notice. Two-thirds of employers provided retiree health coverage as recently as 1988, according to the Kaiser Family Foundation. Soon-to-be-released data from Aon Hewitt, a consulting firm...

  • CHICAGO, April 6- A friend called recently looking for advice about her 401. Should she roll over her $250,000 nest egg and withdraw some of the funds to help her through the career transition? His proposal would cost her at least $74,000 in fees over the next 20 years, compared with $23,000 in the 401- based on a simple back-of-the-envelope calculation assuming no...

  • President Barack Obama' s fiscal 2017 budget would produce $6.9 trillion in deficits over the next decade if enacted, about $2.4 trillion less than under current tax and spending laws, congressional forecasters said on Tuesday. The Congressional Budget Office said in a new analysis, however, that its 10- year deficit estimate is $776 billion higher than the...

  • Downsizing may not be best for baby boomers in retirement

    Baby boomers should focus on smaller items to save on monthly expenses, according to the director of banking and finance with AARP's Public Policy Institute.

  • Millennial retirement

    Baby boomers and millennials are capping growth in the world’s biggest economy, Standard & Poor’s said on Wednesday.

  • SAN FRANCISCO, March 7- Slow U.S. wage growth is the result of underlying shifts in the labor force rather than a sign of a weak job market, according to a short paper published Monday by the San Francisco Federal Reserve Bank. The finding is significant because Fed officials have long puzzled over why wages have grown so slowly even as the unemployment rate has...

  • 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

    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,...

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.