Hellenic voters are being asked whether they accept the terms offered by the European Union, European Central Bank and International Monetary Fund to extend the bailout for Athens troubled finances or give Prime Minister Tsipras a mandate to insist on a better deal.
The first half of the year is already over. Yes, I know it feels like we just kicked off 2015, but this weekend we celebrate our nations birthday. To me, the July 4th holiday represents the unofficial break before we get back to business in the second half of the year.
A raise? Trying to get a raise in these tough times feels impossible to most people. Which reminds me of a former home improvement store clerk in Nitro, W. Va.
With the books on the June quarter now closed, it is worth noting that, in many ways, it was expected at the outset to be better than the March quarter. However, as we learned, that wasnt in the cards. For a variety of reasons, the second half turned out to be weaker than expected, and this was clearly reflected in the performance of the major stock market indices. The S&P 500, my preferred benchmark, closed the first half of the year up a paltry 0.2%. Lets be honest. Thats essentially flat for the first six months of the year.
Thursday, the Labor Department is expected to report the economy added 230,000 jobs in June.
The bell is about to toll regarding the future direction of Greeces role in the euro zone, be it a compliant role of fiscal responsibility or a radical role that will lead to an exit as a member with draconian capital controls being imputed upon it by the International Monetary Fund (IMF) and European Central Bank (ECB). The operating consensus is that a default by Greece will not be systemic to the regional or global financial systems and that German Chancellor Angela Merkel is pulling out all the rational stops to get a deal done, with the latest set of terms being called generous. But as of this writing, Greece is still balking.
BofI Holdings, Inc. (BOFI) is the holding company for Bank of the Internet Federal Bank, a national internet-based bank headquartered in San Diego, California. As of 3/31/15, the bank held approximately $5.5 billion in assets. But BofI is not just the bank of the internet, it is the bank of the future and one of the fastest growing banks in the nation.
DEAR BRUCE: The company I work for merged with a larger company. Next year, our 401(k) match will go away. Other than the tax break, is there any reason to continue with the 401(k) funds? Historically, the choices we have had to invest in have not done as well as our private investments.
Dear Carrie: My daughter just graduated from college. Although she took several economics classes, she really doesn't have a clue about handling her own money. How can I help her start out on the right foot? -- A Reader
Eurozone leaders are pouring it on thick again today with warning after warning.
If the mantra for real estate is "location, location, location," the mantra for someone starting a business would be "cash, cash, cash." Cash talks, and bull walks, as they say.
Whenever I speak at the MoneyShows or other investment conferences, I frequently get asked about the tax implications of master limited partnerships, long-term vs. short-term capital gains, etc. Generally speaking, I try not to let taxes affect my investment decisions.
Leadership is always difficult, but our current roller coaster economy can make it seem downright impossible.
There have been a lot of questions raised about the direction and speed of the global economy.