Income inequality is going to hit tomorrow's retirees hard
One of the mysteries of personal finance has been the disconnect between the income inequality afflicting the working public and the claims by fiscal conservatives that most people's retirement lifestyles will be perfectly comfortable.
A recent post on the Squared Away blog of Boston College's authoritative Center for Retirement
Meet the Women’s Bean Project
Michelle Potter has found a sense of self-confidence for the first time since she dropped out of school at age 14.
A recovering meth addict, Potter, now 42, attributes her new lease on life to the Women’s Bean Project. Social enterprise investors who look for ways to use business
Employees Have Other Financial Issues That Get in the Way of Retirement Readiness
Not having enough emergency savings for unexpected expenses is the most frequently cited financial concern for Millennial (48%) and Generation X (51%) employees, while not being able to retire when they want to is the most frequently cited concern among Baby Boomers (46%), according to the 2018
Money as Medicine
Forbes just released its annual list of the wealthiest folks on Earth, who have an average net worth of $4.1 billion. Every time one of these lists comes out, the first thing I do is scan for names that are not white men, and every time, I'm disappointed. You
Employee Stock Ownership Plan, or ESOPs, are in focus following the Walmart-Flipkart deal with Flipkart employees being allowed to encash ESOPs fully over the next 2 years. An employee stock ownership plan (ESOP) is a
L'Oréal is announcing the launch of its first Employee Share Ownership Plan. The plan will be rolled out in 52 countries and will give L'Oréal employees, in France and internationally, the possibility to be even
Scientists have developed a detailed analysis of how 22 recent hurricanes would be different if they formed under the conditions predicted for the late 21st century. While each storm's transformation would be unique, on balance,
Every Google search comes at a cost to the planet. In processing 3.5 billion searches a day, the world’s most popular website accounts for about 40% of the internet’s carbon footprint. Despite the notion that the internet
In a review paper last year in the high-ranking journal Renewable and Sustainable Energy Reviews, Master of Science Benjamin Heard and colleagues presented their case against 100% renewable electricity systems. They doubted the feasibility of
One of the mysteries of personal finance has been the disconnect between the income inequality afflicting the working public and the claims by fiscal conservatives that most people's retirement lifestyles will be perfectly comfortable. A
What does economic inequality really look like? Income alone doesn’t give a complete picture. Income inequality describes the gap between a six-figure salary and minimum wage. But the more alarming gap occurs in wealth —
Researchers have developed new technology for decoding neuromuscular signals to control powered, prosthetic wrists and hands. The work relies on computer models that closely mimic the behavior of the natural structures in the forearm, wrist
Tuberculosis, a disease fueled by poverty, overcrowding and undernutrition, is a global barometer of deprivation. Of the more than 4,000 men, women and children TB kills every day, most are poor. TB's connection to poverty
To slow the evolutionary progression of weeds and insect pests gaining resistance to herbicides and pesticides, policymakers should provide resources for large-scale, landscape-level studies of a number of promising but untested approaches for slowing pest
In 1970, economist Milton Friedman published his seminal magazine article, “The Social Responsibility of Business Is to Increase Its Profits.” Since then, the line between portfolio management and philanthropy, profit and purpose, has blurred. Profits
The Rockefeller Foundation and UBS Optimus Foundation are backing a new financing tool to bring clean water to 1.4 million Ugandan school children, saying the model can potentially be replicated across other countries and sectors.
Financial Wellness (also on sister website PFEEF.org)
Not having enough emergency savings for unexpected expenses is the most frequently cited financial concern for Millennial (48%) and Generation X (51%) employees, while not being able to retire when they want to is the
Counting down to payday is a stressful, but all too common practice. Unfortunately, an August 2017 CareerBuilder survey found that the vast majority (78 percent) of the 3,462 full-time U.S. workers polled said they live paycheck to
Mary Banda in Zambia runs a small restaurant in one of Lusaka’s oldest markets. Before she learned that financial services could make the way she did business easier, her profits were low. But today, her profits
Welcome to the second annual Oxford Business Fights Poverty Conference. As you view this summary of the conference you will read from a series of topics like Responsible Leadership, Honoring Entrepreneurs, Employee Ownership, Mentoring, Crowdsourcing & Addressing Poverty. Please
Wars characterize the twentieth century, with the U.S. featuring as a significant player. The self-pronounced reputation of the U.S. as “rescuer of the world” continued at the turn of the century with 9/11 and the
Talks between Republicans across the political spectrum trying to reach a potential immigration deal that would unite the conference have reached a crossroads — and once again it has to do with citizenship.
ST PETERSBURG, Russia/MOSCOW (Reuters) - Russian aluminium producer Rusal has asked the Russian government to purchase some of its output, a government source said on Thursday, in an effort to alleviate the pain inflicted by U.S. sanctions.
(Reuters) - U.S. stocks fell on Thursday after President Donald Trump canceled a planned historic summit with North Korean leader Kim Jong Un and threatened tariffs on auto imports while trade tensions with China simmered.
(Reuters) - A Trump administration investigation of car and truck imports raised the threat on Thursday of renewed conflict over trade policy for an industry that thrives on stability and sent stocks in Asian and European automakers down.
NEW YORK (Reuters) - Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin's popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday.
(Reuters Health) - Sleep-tracking devices and mobile apps can help engage users in improving sleep health, but none of the consumer technologies has been proven accurate or validated to screen for sleep disorders, the American Academy of Sleep Medicine said in a new statement.
PARIS (Reuters) - The World Organisation for Animal Health (OIE) declared Brazil free of foot-and-mouth disease (FMD) with vaccination on Thursday, opening new export prospects for the world's largest beef exporter.
(Reuters) - Shares of Inogen Inc fell nearly 7 percent on Thursday after short seller Citron Research called the oxygen supply device maker the most expensive name in medical technology with no pipeline.
GENEVA (Reuters) - Two dying Ebola patients were spirited out of a Congo hospital by their relatives on motor-bikes, then taken to a prayer meeting with 50 other people, potentially exposing them all to the deadly virus, a senior aid worker said on Thursday.
(Reuters) - Recro Pharma's shares dropped more than 50 percent on Thursday after the U.S. Food and Drug Administration declined to approve the drugmaker's non-opioid shot IV meloxicam, saying the pain-relieving effect did not meet expectations.