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How much guaranteed retirement income do you need?

10 years 1 month ago
I'm looking to retire soon and a financial adviser wants me to invest half of my $700,000 401(k) balance in an annuity. I'm wary of doing that as the annuity's annual fees total almost 3% and I'm also already eligible for a combined Social Security and pension benefit of $70,000 a year. What do you think? --D.H.

Here's why the dollar and bank stocks may keep climbing

10 years 1 month ago
The Federal Reserve is probably not going to raise interest rates when its next meeting wraps up on September 21. And it would probably be insane to do so at the end of its November 2 meeting -- just days before the U.S. presidential election.

The streaming music war is getting ugly

10 years 1 month ago
Fans waited four years for Frank Ocean to put out a followup to his Grammy-winning album Channel Orange, but when he finally released it this month, some listeners were upset to learn it was only streaming on Apple Music.

Martin Shkreli scores $2.7 million payday

10 years 1 month ago
Martin Shkreli, the controversial ex-drug executive now facing federal criminal charges, nearly doubled the money he invested in KaloBios, the drug company he briefly ran last fall.
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