People Baby Boomers

  • WASHINGTON— The United States isn't exactly the economic doormat Donald Trump decries in his campaign rhetoric. But the facts don't bear out Trump's assertion that the United States has become a global weakling, an economic pushover exploited by its competitors. China comes in 28th, Japan sixth and Germany fourth.

  • Fiat Chrysler's Jeep brand unveiled a redesigned Jeep Compass compact SUV at a factory in Brazil Monday night. It's being built in Brazil to serve the South American market. In North America, the Compass will be built in Mexico and shipped to the U.S. but FCA says no jobs are being lost to Mexico.

  • WASHINGTON— THE ISSUE: Tepid income growth and shrinking opportunities for blue-collar workers have kept many Americans anxious about jobs and the economy, seven years after the Great Recession ended. He promises to bring those jobs back by renegotiating the NAFTA agreement with Canada and Mexico, withdrawing from a proposed Pacific trade pact with 11 other...

  • DETROIT— While sales of its main competitors are rising, the aging Chevrolet Equinox compact SUV has taken a dramatic tumble so far this year in the fastest-growing part of the U.S. market. General Motors is hoping to turn that around when it replaces the Equinox with a revamped model that goes on sale early next year. Edmunds Senior Analyst Jessica Caldwell says...

  • Sept 19- The United States' largest public pension fund, the California Public Employees' Retirement System, forecast on Monday that benefits paid to retirees would outpace projected income by $9.2 billion within 15 years. "This is really a sobering look at what's going on," Board Member Theresa Taylor said during a presentation. The forecast presented on Monday...

  • Sept 19- The United States' largest public pension fund, the California Public Employees' Retirement System, forecast on Monday that benefits paid to retirees would outpace projected income by $9.2 billion within 15 years. "This is really a sobering look at what's going on," Board Member Theresa Taylor said during a presentation. The forecast presented on Monday...

  • But the next president could have his or her hands full, dealing with Iran in general and the agreement in particular. For Hillary Clinton and Donald Trump, it's basically a question of continuity versus change. She supports it, while taking a generally tougher tone on Iran than President Barack Obama.

  • NEW YORK, Aug 30- Sharon Kotzen is a 73- year-old retiree, but she is hardly taking it easy. By 2020, the wealth of those currently 52 to 70 will peak at more than 50 percent of the nation's assets, according to the Deloitte Center for Financial Services. Indeed, some 61 percent of grandparents financially supported adult children in the previous year, according to the "...

  • NEW YORK, Aug 30- Sharon Kotzen is a 73- year-old retiree, but she is hardly taking it easy. By 2020, the wealth of those currently 52 to 70 will peak at more than 50 percent of the nation's assets, according to the Deloitte Center for Financial Services. Indeed, some 61 percent of grandparents financially supported adult children in the previous year, according to the "...

  • CHICAGO, Aug 18- Now is the summer of our discontent with Social Security's customer service- and fall and winter could be worse. The Social Security Administration stumbled this month when it added a mandatory extra layer of website log-on security requiring customers to receive a code via text message. President Barack Obama that federal agencies take steps...

  • Retiree careers

    These days, retirees are seeking adventure in their encore careers, securing work at national parks, on cruises and more.

  • millennial woman

    Millennials get a bad rep on money management, but they do have some smart money habits worth imitating.

  • WASHINGTON, July 18- The World Bank on Monday confirmed New York University economics professor Paul Romer as its next chief economist, bringing in a prominent voice advocating for investment in human capital and innovation. "We're most excited about his deep commitment to tackling poverty and inequality and finding innovative solutions that we can take to...

  • Millennials with money, managing money, financial advisor

    The Millennial generation are earning less than previous generations and are less likely to own a home, according to a new report.

  • VICTOR, Idaho, July 15- Dennis Lockhart became president of the Federal Reserve Bank of Atlanta in early 2007, with the economy still enjoying the steady growth and low unemployment of the "great moderation" and the U.S. central bank confident it could keep that rolling. Nearly a decade later the Fed has had to trash its playbook in the wake of a severe financial...

  • The motorcycle maker, intent on maintaining its premium status amid pricing pressures, has invested $70 million in marketing and product development for 2016 to attract new, younger riders, reverse sluggish sales and boost U.S. demand for motorcycles. Deals include a no down payment, $99 a month offer on the new $6,849 Street model, which is aimed at younger...

  • The motorcycle maker, intent on maintaining its premium status amid pricing pressures, has invested $70 million in marketing and product development for 2016 to attract new, younger riders, reverse sluggish sales and boost U.S. demand for motorcycles. Deals include a no down payment, $99 a month offer on the new $6,849 Street model, which is aimed at younger...

  • As many as half of all older workers retire early, often unwillingly, which often devastates carefully planned retirement savings.

  • SAN FRANCISCO, June 16- The funding status of U.S. public worker pension plans remained nearly unchanged in 2015, according to a new study. State and local pension plan funding rose from 73 percent in 2014 to 74 percent in 2015, based on actuarial valuations, according to a study released on Thursday by the Center for Retirement Research at Boston College.

  • Sales at companies offering gourmet or "better burgers," which typically use fresh meat rather than frozen and often include exotic ingredients, jumped 15 percent last year over 2014 to $5 billion, according to Technomic, a research firm based in Chicago, home of the world's largest livestock futures trading market. While that is still a small part of the $80...