Roberton Williams' plan was to retire on his government pension and take a part-time job to make up the difference in salary. Williams, 68, did retire but then started another full-time job with the Tax Policy Center, a Washington think tank. According to the Bureau of Labor Statistics, 17.7 percent of people 65 and older are still working in some capacity, compared...» Read More
On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar, the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. Construction materials supplier Vulcan Materials has risen 35.8 percent so far this year and home improvement and building products firm...
NEW YORK, June 17- When Stephen Lovell used to visit his grandparents as a kid, it was like entering the world of Cole Porter or "The Great Gatsby." Not to mention a lavish mansion in Ontario, Canada, and a summer home in Southampton, New York. U.S. Trust recently surveyed high-net-worth individuals with more than $3 million in investable assets to find out how they are...
For those aged 34 or younger, their No. 2 favorite stock- behind only mighty Apple Inc- is none other than Warren Buffett's Berkshire Hathaway Inc.. This is according to new data from the brokerage TD Ameritrade, which took a snapshot in May of the individual equity holdings of every one of its retail clients. Among the top picks for young adults aged 34 and younger:...
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.
NEW YORK, June 2- Last July, when Federal Reserve Chair Janet Yellen spurred a sell-off in healthcare stocks by saying that valuations in shares of biotech companies looked "stretched," portfolio manager Graham Tanaka saw an opportunity. After a year-long buying spree, he now has more than a quarter of his $17 million Tanaka Growth fund portfolio in healthcare...
Warren Buffett is leaving his billions to charity, and many boomers are following suit to avoid turning their kids into rich loafers.
A new ILO report finds the gender pay gap may not close for more than 70 years at the current rate.
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 posing as distressed grandkids are scamming grandparents into sending them money wires and credit cards. FT reports.
Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.
AARP has entered the crowded online travel field, hoping to cater to retirees.
Millions of boomers will turn 65 from now through 2030. With increased demand for 55-plus communities, there's now a new surge in the housing market.
P.J. O'Rourke, political reporter and "The Baby Boom" author, explains why he does not think the baby boom generation is not responsible for any of the problems in the world right now.
Newly leaked documents reveal China is about to relax its 1-child policy. Gordon Chang, author and Forbes.com columnist, and Ann Lee, New York University adjunct professor of economics and finance, discuss if a Chinese baby boom is in the making and what that means to their economy.
The weak economy has caused more young adults to move back in with their parents, and some of those kids are bringing their own children with them.
If your golden years seem threatened because of financial setbacks, don't panic. Here are 10 tips from retirement experts on your next steps.
Jerry Webman, Chief Economist & Senior Investment Officer at Oppenheimer Funds, says a demographic wave is hitting the U.S. economy, which will help the household sector.
A new report finds that seniors who are African-American, Hispanic, female or 80 and older are more likely to face economic woes than other older Americans.
Helping baby boomers navigate the future is becoming a big business, but now, there's a freebie: LifeReimagined.org from AARP.
The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.