Personal Income
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When singer-songwriter Lauryn Hill recorded her Grammy-winning album, she had no idea the money would ultimately put her behind bars, reports CNBC's Robert Frank.
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Alternative investing may not be for everyone, but there's an entry point for almost anyone—and as popular cable TV programs illustrate every week, small fortunes can be found in attics, basements and, yes, storage rooms.
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Consumers appear to think that their own financial houses are in order and they believe they are prepared to weather any economic troubles that may lie ahead, according to the survey from JP Morgan’s Chase Card Services.
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Two market crashes and a couple of recessions later, 25 percent of all boomers don’t have anything saved for retirement and now find themselves in dire need of government services and potential bailouts of math defying pension plans.
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Lending money to a European Investment Banks who form a Special Purpose Vehicle who issues bonds guaranteed by broke countries to use as collateral to borrow more money to buy more bad debt? That's their plan? No thank you; I'm still buying gold.
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This is not your parents' retirement — or your grandparents' for that matter. Chances are, you'll be working long past age 65, if you can find a job. And you'll probably also be worried about having enough money to finally stop working.
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Gov. Rick Perry has been lionized for calling social security a Ponzi scheme, rebuked for using the foul language of common sense that most Americans understand.
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It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.
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$1 million isn’t what it used to be, in part because a lot of people don’t know how far it can go, and the amount of time and effort that it would take to spend it.
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The list of things we never thought we’d see continues to grow, like a tumor. Our republic has finally reached a midlife crisis, having lost the pejorative AAA credit rating from an agency that considers yesterday’s sub-prime CDO a safer bet than today’s Uncle Sam. The American economy is stuck in a classic catch-22, that as we solve one problem, it is quickly replaced by a greater concern.
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Tea Party activists, 44 percent of whom are on Medicare or have an immediate family member receiving benefits, could not be consoled by the fact that their health-care costs are largely responsible for the distended federal budget. But they have a point.
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CNBC's Steve Liesman & Rick Santelli break down the numbers that show personal income is slghtly up but spending is down .2 percent.
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One author's solution for getting ahead and becoming successful in this economy is to think "weird."
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Investors are justifiably concerned about being hoodwinked three times in ten years. Without question, extravagant returns enjoyed by the precious metal are well received, but the potential hangover from yet another bubble deprived of air, and the associated shame, would take several years to subside.
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“Flexible savings accounts are today what the 401(k) match was 10 or 15 years ago, where people didn’t grasp that this free opportunity was sitting there,” says one financial expert.
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A look at market optimism despite a load of negative news, with Steve Massocca, Wedbush Securities, and Neil Hennessy, Hennessy Funds.
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A look at the personal income and spending data and what it indicates about the health of the economy, with Anne Mulcahy, former Xerox chairman/CEO; Scott Nation, NationsShares; and CNBC's Rick Santelli and Steve Liesman
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CNBC's Rick Santelli breaks down May's personal income and spending data.
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Analysts have been feverishly revising down their growth projections. Much depends on the effectiveness of policies and, critically, whether there will finally be a more coherent and sustained policy response in systemically important countries, especially the US and Europe.
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Our beloved two party political system is currently negotiating an increase to the debt ceiling, all in the name of fiscal responsibility.
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CNBC's Steve Liesman breaks down the data that can be considered not great but not bad either.