4 Simple Moves to Make Your Money Safer

Consumers were rightly shocked by the news that Wells Fargo will be paying $185 million in fines and penalties for opening accounts for customers without their knowledge. But the scamming was not the only unnerving part of the announcement. Wells Fargo employees had...

Why Millennial Women Don’t Save

Millennials have it bad, from student loan debt to a sluggish job market to cutting commentary about their arrogance and entitlement. But millennial women have another problem: They aren’t saving, or at least not nearly as much as their male counterparts. A...

Gender Pay Gap Hurts More Than Your Paycheck

Women, it’s time take stock. Tuesday is Equal Pay Day, the date in 2016 that marks how far into this year women must work to earn just what men earned in the previous year. But before you get too comfortable, consider this: that gender pay gap has implications...

Out of Retirement and Into Uncertainty

THINK of retirement and a picture emerges of a grand send-off at the office, followed by travel, hobbies, grandchildren, and a pension and a Social Security check to pay for it all. But after awhile, the retirement fund may start to feel a little skimpy, or the golf...

For Millions, 401(k) Plans Have Fallen Short

You need to know this number: $18,433. That’s the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Almost 40 percent of employees have less than $10,000, even as the proportion of companies...

Is It Time to Retrain B-Schools?

John Thain has one. So do Richard Fuld, Stanley O’Neal and Vikram Pandit. For that matter, so does John Paulson, the hedge fund kingpin. Yes, all five have fat bank accounts, even now, and all have made their share of headlines. But these current and former giants of...

Smoothing the Way to Self-Employment

BEING your own boss. Hanging out your shingle. Striking out on your own. In a society that reveres rugged individualism, self-employment has always had a certain allure. In fact, each month from 2002 through 2007, just under 300 of every 100,000 adults in the United...

5 Crucial Retirement Years for Your Money

Picture your first years in retirement and a lot of happy images probably come to mind: fun times with the grandkids, long-postponed travel and days free of deadlines and schedules. Sure enough, a recent survey found that roughly 90 percent of current retirees say...

Performance Reviews: Many Need Improvement

AH, September. Time to return from the beach, stow the pool toys, hunker down at work — and, at many big companies, to prepare for annual performance reviews. But just how effective are those evaluations? The uncomfortable truth, in the opinion of many managers and...

How Office Politics and Real Politics Can Mix

MEMBERS of Congress have fled Washington for the campaign trail. Political ads are hitting television screens, and pundits are placing odds on how many Congressional seats the Democrats can gain. It’s election season again — but you wouldn’t know it in many offices....