Multi-generational households are nothing new — before 1950, parents, kids, grandparents and extended family members living under the same roof was not only common, but also smart. Combined households sharing living expenses, childcare, eldercare and maintenance duties made life more
Share prices have slumped across Europe as Greece shuttered its banks and severely limited cash withdrawals ahead of a referendum on 5 July. The Greek government decided on Sunday night it had no option but to order the country’s banks
FRANKFURT—The European Central Bank purchased just over €63 billion ($68.75 billion) in public and private debt securities last month under its three-month-old quantitative easing program, according to ECB data released Monday. The May figure is slightly higher than the €60
Moving is like death and taxes. It’s inevitable, usually dreadful, and also often costly. About 40 million Americans move each year, according to the U.S. Census Bureau. The American Moving & Storage Association says the average interstate move costs more
What do today’s workers aspire to achieve in their careers? Climbing the corporate ladder and earning a spot on the executive team may have been the ideal path years ago, but the majority of the modern workforce would say no
Q: How do I figure out my margins?A: For decades, maybe even centuries, business owners were taught to shoot for a profit margin of 10 percent. I don’t know where that number came from, but I can tell you it’s
Tom Price, the new chairman of the House Budget Committee, has just released the GOP budget blueprint for the years ahead this week. This will have a big impact on how the government spends more than 20 percent of our
The European Central Bank has raised this year’s eurozone growth forecast to 1.5%, up from 1% previously. It also said it would start its quantitative easing programme, first announced in January, next week. Bank boss Mario Draghi said economic growth
Merck made a daring $100 million bet last month on futuristic messenger RNA therapies. Today, it’s investing even more in “old school” biotech. The pharmaceutical giant is announcing today that it is spending $450 million in cash over the next
Proponents of the government’s terrorism insurance program mobilized a massive lobbying effort to get the program reauthorized, as Congress weighed contentious extension legislation approved last month, the end of a protracted battle. In the final push, an army of more
