Americans are notoriously bad at taking vacation. In fact, Project: Time Off estimates that 54% of Americans left 662 million vacation days unused in 2016. Of these days, 203 billion were forfeited, meaning they didn’t roll over to the next year. These lost days added up to $66.4 billion in forfeited benefits across the workforce, or $604 per worker.
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallets. By the autumn, it could be on its way to $2tn."
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings and Social Security will cover his living expenses.
Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to $189 billion. The size of Berkshire's stake in Apple stake fell 22% to $135.4 billion as of March 31 from $174.3 billion at the end of 2023, even though the iPhone maker's share price fell just 11% in the quarter.
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
Investors who buy Altria's stock for its dividend could be taking on some considerable risk.
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Dividend Kings are an elite group of companies that have consistently increased their dividends for at least 50 consecutive years. These companies have demonstrated a remarkable ability to generate steady cash flows and reward shareholders with ...
These highly advantaged businesses have what they need to keep raising their dividend payouts.
The chipmaker has delivered phenomenal gains over the past five years, and investors can expect the rally to continue in the future.
Vernon Hill’s Commerce Bancorp was about to open its first New York City branch in 2001 when his wife, Shirley, called wanting to know whether dogs could be allowed inside. Shirley Hill, also the branch designer, had been stopped from bringing the couple’s Yorkshire terrier, Sir Duffield, into other banks. Vernon Hill, the bank’s founder and chief executive, declared it “just another stupid bank rule” and launched a campaign to encourage dogs to visit Commerce.