The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
About half of American workers are employed by a company or are part of a union that sponsors a pension or retirement plan. But that doesn't mean the 77 million U.S. workers who don't have a 401(k) or employer-sponsored retirement plan are out of luck when it comes to building a nest egg. There is no reason you can't save for retirement on your own.
Here are three steps you need to take now:
Open a traditional or Roth IRA. Contribute as much as you can every month and increase your allocation every year until you reach the maximum contribution limit. Depending on your income, you can save up to $5,500 in 2015—up to $6.500 if you're 50 or older.
IRA contribution limits are far lower than for a regular or Roth 401(k), which allow maximum contributions of $18,000 this year or $24,000 if you're 50 or older. But you'll still get the benefits of compounded earnings growth as well as certain tax advantages. Regular IRA contributions may be tax-deductible and Roth IRAs allow you to withdraw those funds tax-free in retirement.
Self-employed? Consider these three tax-advantaged ways to save:
Add to retirement savings in a taxable account. Pick investments—stocks, bonds, mutual funds and other assets—based on your appetite for risk and when you want to retire. If you have extra money to stash in brokerage account in addition to tax-advantaged plans that can also help you build long-term growth to ensure you are able to retire on your terms.