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I have a $2 million pension and $1 million investment account. I’m not retired, but should I claim Social Security when I do?

"When I retire, if I draw Social Security and take 3% annually from our investment income, I anticipate my annual income to be $100,000."

Fed’s Barkin says rate moves depend on further progress on inflation and economic outlook

The timing and pace of any changes to interest rates this year will depend on the economic data, Richmond Federal Reserve President Tom Barkin said Wednesday.

Tech stocks lead European bourses lower following Apple downgrade

European bourses faltered Wednesday in the wake of Wall Street's new-year sell-off with the region's technology plays under notable pressure after a downgrade for Apple led the sector lower.

Stop buying Exxon Mobil, Occidental Petroleum stocks as oil prices should stagnate, analyst says

With oil and gas prices expected to be weighed down by fears of weakening demand as global economies slow, Mizuho analyst Nitin Kumar has downgraded the shares of a number of energy companies on Wednesday.

My sister and her ex-husband promised, in their divorce decree, to repay my loan. They never did. Is this legally binding?

"Her current husband died leaving her over $250,000. Still, she hasn’t offered to pay me."

Disney enters confidential agreement with ValueAct as it continues proxy fight with Nelson Peltz

Disney has reached an agreement with an activist investor as it seeks to stave off another one.

Verizon’s stock finally had a positive year. This bull sees bigger gains in 2024.

Verizon shares eked out a 3% increase in 2023 to notch their first positive annual performance in five years. Could bigger gains be in store for 2024?

Inherited 401(k) plans, 529 rollovers, Medicare Part D: New retirement rules to watch for in 2024

It’s a new year, and there are some new rules for retirement that could change the way retirees manage their finances and their well-being.

U.S. mortgage demand remains tepid as rates inch upwards

Mortgage applications fell 9.4% in the last two weeks, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.76%.

Beware as Nvidia and other stocks approach ‘trough of disillusionment’ over GenAI, warns this analyst

A Wall Street analyst who was an early proponent of GenAI says investors are facing a "trough of disillusionment," surrounding Nvidia, other companies.

Oil prices slip as traders look past Red Sea disruptions

Oil futures extend slump as worries about demand trump fears of a wider conflict in the Middle East.

Retirement-reinvention programs can cost a fortune. Here are some more affordable alternatives.

There are many programs designed to help older workers figure out how to make the most of their retirement.
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