The U.S. job engine slowed in January while unemployment hit an eight-year low and wage growth accelerated, complicating the outlook for Federal Reserve officials as they assess whether the economy is strong enough for further interest-rate increases.
Fantex gives people the ability to invest in the future earnings of professional athletes. Financial advisers, however, caution that these untested securities merit at most a small role in the “play money” part of a portfolio.
Wall Street is increasingly skeptical about the pace of Federal Reserve interest-rate increases this year, the latest blow to the central bank’s yearslong efforts to unwind its easy-money policies and return the economy to a normal footing.
Few economists expect the crude slump will tip the economy into recession. But the fallout could grow harder to contain if the oil-price declines are instead a symptom of broader weaknesses in the global economy.
As the long-term budget outlook has improved, the U.S. has gained some breathing room on the debt. But, Greg Ip writes, that doesn’t mean the U.S. should continue unrestrained borrowing without attacking the biggest contributors to the debt over the longer term.
Most people overlook health-savings accounts, or HSAs, as a retirement-savings vehicle. But these accounts come with more tax advantages than 401(k)s when used to cover medical costs, a major expense in retirement.
On Thursday, Nov. 5, Jeff Kuhner hosted a WRKO Town Hall at the Arsenal Center for the Arts to discuss the problems with the DCF. Massachusetts State Representatives Shaunna O'Connell and Jim Lyons talked about the political battle they've faced in their efforts to fix child care in Massachusetts, and Jennifer Pelletier discussed her sister, Justina, and her family's fight against the DCF.