WASHINGTON— After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. Six years ago, Social Security embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.» Read More
Congressional Democrats on Thursday made headway on their top legislative priority—job creation—when the House of Representatives approved a $15 billion package of tax credits and highway construction.
From the Internet revolution to the real estate boom, John Donahoe and Donald Trump have witnessed eras of great innovation and prosperity, as well as economic downturns. Now, both share what being a Baby Boomer has meant to them and their business.
Best Buy CEO Brian Dunn shares what being a Boomer has meant to him and to his business.
As they approach retirement age they are witnessing the rise of the most technology-savvy digital natives in the history of humankind. Is there any way for Baby Boomers to compete with a generation that has been completely immersed in technology since birth? The answer is....
Joe Grano’s career is the stuff of Wall Street legends. He put in 16 years at Merrill Lynch, before becoming President of Paine Webber and then CEO of UBS Paine Webber. He left in 2004 to start his own firm, Certurion Holdings.
I recently coached a Boomer – 20 years of varied experience, deep industry expertise, substantial management background including P&L and staff oversight. You’d almost never know it!
The emergence of the new 'Social Media Maven' among Baby Boomers, coupled with the dramatic rise in their time spent on the Internet, indicates that social media has significantly carved out time generally reserved for traditional media.
Apologies are in a bull market. Not a week goes by without someone apologizing publicly for saying or doing something. This trend has not gone un-noticed by the Boomers. Just as they have done everything in a big way, they are apologizing profusely.
Though they're all classified as "Boomers," people born in 1946 don't have much in common with those born 18 years later.
The people born between 1946 and 1964 have been lumped together as the Baby Boom generation their entire lives, but their values and outlooks differ greatly along that 18-year spectrum. Researchers have divided them into four categories, according to their financial status and retirement plans.
Boomers have made a number of fascinating contributions to modern day American life over the last 30 years. Perhaps it’s time for them to reinvent the modern day American retirement as well.
It's been a difficult several years and companies have had to take on the unenviable task of cutting expenses to maximize bottom line profits. Earnings have required this as top line growth has been disappointing in the worst financial downturn since the Great Depression. And in this stormy environment, individuals as well are faced with the urgent task of trimming expenses instead of merely focusing on increasing asset values.
There was a time - not THAT terribly long ago - when boomers who had something to say took to the streets with signs of protest, usually against authority (especially the government). Sit-ins were the way to stand out.
Reigning in the deficit will be nothing short of a "suicide mission" for the people charged with the task, Alan Simpson, co-chair of President Barack Obama's bipartisan Deficit Reduction Commission, told CNBC Monday.
As the first wave of Baby Boomers reaches retirement age, predictions for the nation’s health care system have been nothing short of apocalyptic.
How unemployed Boomers can cope with age discrimination in the workforce, and why younger executives should accept them.
Federal and state officials, many facing record budget deficits, are starting to aggressively pursue companies that try to pass off regular employees as independent contractors. The New York Times reports.
Carly Fiorina, former Hewlett Packard CEO and Republican Senatorial candidate for the state of California, shares her thoughts on the Baby Boomer legacy of debt, and that impacts the future of the United States.
Major demographic differences with the rest of the nation could present roadblocks for future social and education programs, while delayed retirement will affect housing and labor market trends.
As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security. And, the nearly 80 million Baby Boomers phasing into retirement will set in motion a dynamic that—if not addressed by Congress—could result in the next generation getting fewer benefits.