Don’t Raid Your Retirement Account to Pay for the Holidays

Filed under: Holiday Shopping, Personal Finance Shutterstock By Brian O’Connell Americans will spend more than they planned this holiday season, especially the case for parents buying their children presents. And they know it — resigning themselves to a fate of profligate consumerism. That’s the gist of a recent study from T. Rowe Price, titled “2015 Parents, Kids & Money.” In ...

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Millennials Vote With Their Feet on Choice of Banks

Filed under: Banking, Personal Finance, Banks, Financial Services, Credit Unions Shutterstock By Krystal Steinmetz It appears that size matters, at least when millennials are selecting a bank. Young Americans (between 18 and 34) are increasingly ditching big banks and taking their business to smaller, local banks and credit unions, according to a recent banking survey from Accenture. While large national ...

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The Only Time Short-Term Health Insurance Makes Sense

Filed under: Health Care, Health Insurance, Consumer Issues Shutterstock By Dan Rafter There’s only one time you should buy short-term health insurance — when you have no other option. “We call them Swiss-cheese policies,” says Sarah O’Leary, founder and chief executive of national health care consumer advocacy group Exhale Healthcare Advocates. “They are less expensive because you get what you ...

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Ex-Subway Spokesman Fogle Gets More Than 15 Years in Prison

Filed under: Food & Beverage, Restaurants, Scandals and Lawsuits, Celebrities By RICK CALLAHAN (Note: This story contains graphic testimony about the defendant’s sexual history.) A judge sentenced former Subway pitchman Jared Fogle to more than 15 years in prison on Thursday for trading in child pornography and having sex with underage prostitutes. U.S. District Court Judge Tanya Walton Pratt disregarded ...

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Starboard to Yahoo: Sell Core Business Not Alibaba Stake

Filed under: Company News, Technology, Yahoo, Internet, IRS Kimberly White/Getty Images for FortuneYahoo CEO Marissa Mayer speaks during the Fortune Global Forum in San Francisco, California, earlier this month. By Devika Krishna Kumar and Lehar Maan Activist investor Starboard Value asked Yahoo to drop plans to spin off its stake in Alibaba Group due to tax concerns, and instead urged ...

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Market Wrap: Stocks Slip; Health Care Sinks, Intel Climbs

Filed under: Technology, Market News, Healthcare Industry, Public Utilities, IPOs Getty ImagesJack Dorsey, CEO of Square Inc., stands outside the New York Stock Exchange. Shares of Square jumped more than 60 percent Thursday – the stock’s first day of trading. By Noel Randewich NEW YORK — Wall Street ended a little lower Thursday as falling health care stocks offset gains ...

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How to Win Black Friday

Filed under: Black Friday Getty Holiday shopping season is upon us, and this year, it’s going to be capital-B Big. The average American plans to spend, on average, $ 1,128 this season, according to a recent survey by RetailMeNot. Broken down, that’s $ 141 per person for eight people total. Translation: Expect your friends and neighbors to be out in ...

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How to Afford Your Next Cold

Filed under: Budgeting Getty By Jon Lal If germs are hitting your home with a vengeance this time of year, you might be feeling the impact on your bank account. Taking care of yourself or a loved one when you’re under the weather can be pricey. From stocking up on cold medicine to potentially missing out on work (and the ...

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4 Tax Tips for Freelancers, Dog Sitters and Airbnb Hosts

Filed under: Taxes Getty By Tony Armstrong With the increasing popularity of the so-called sharing economy, more people than ever are getting paid for tasks like giving someone a lift, playing with dogs while their owners are on vacation or simply running an errand. Here’s one task this new breed of freelance workers must not forget though: setting aside some ...

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How to Invest in Wearable Technology

Filed under: Technology AP Even that cartoon-strip cop Dick Tracy, with that fancy two-way wrist radio in 1946, could never have envisioned that folks would be trotting around 70 years later with digital fitness devices and miniature computers strapped around their arms. “You don’t have to look far to catch a glimpse of someone wearing the latest wearable technology, such ...

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