Wells Fargo's CEO is getting a 36% raise after the bank's nightmare year

Wells Fargo CEO Tim Sloan got a 36% raise after one of the darkest years in the bank's history.

The death of the big toy store

Looking to buy a toy for your kids? You'll probably have to shop at a retail Goliath like Amazon, Walmart or Target. Now that Toys "R" Us is closing all its US stores as well as its stores in the ...

Tax on millionaires boosts California mental health services, study finds

A statewide tax on the wealthy has significantly boosted mental health programs in California's largest county, helping to reduce homelessness, incarceration and hospitalization, according to a report released Tuesday.

Google says it will ban cryptocurrency ads

Advertisements for bitcoin and other virtual currencies will soon disappear from Google.

Big retail day; UK action on Russia; Prudential split

1. Retail bonanza: It's a big day for global retailers. The US Census Bureau will publish retail sales data for February at 8:30 a.m. ET. Economists expect the report to show a 0.3% increase in sales over the previous month.

Why Japan's Economy Still Needs Help After $3 Trillion Binge

Interest rates are rising in many of the world's major developed economies, with one big exception: Japan.

Research Shows African Americans Are More Optimistic About Their Financial Futures Than Any Other Race/EthnicityResearch Shows African Americans Are More Optimistic About Their Financial Futures Than

Lincoln Financial Group (NYSE:LNC) announced today that its Financial Focus research study shows African Americans are more optimistic about their financial futures than any other race/ethnicity with 53 percent expecting significant personal financial improvements within the next five years—and despite ...

Exceeding Carnival Guests’ Expectation with a Listening Ear

As a child, my mother often said the phrase, “You have two ears and one mouth because you need to listen more than you speak.” Well, Arnold Donald, Carnival Corporation’s CEO, must have heard the same thing as a kid ...

Texas Adds 306,900 Jobs Over the Year

Texas' seasonally adjusted unemployment rate was 3.9 percent in December and remains below the U.S. unemployment rate of 4.1 percent. The Texas economy added 306,900 seasonally adjusted nonfarm jobs over the year, including 400 jobs added in December. Annual employment ...

Five Smart Things to Do BEFORE You Start Investing

If you're a young professional starting out in your career, you may be eager to start investing right away. Slow down, says Eric Tyson, MBA, author of the new book Investing in Your 20s & 30s For Dummies®. There are ...

4 Ways Baby Boomers Can Avoid Going Bust On Their Kids’ Student-Loan Debt

Crushing student loan debt is usually thought to be the younger generation’s problem. But more and more, with graduates unable to handle it on their own, mountains of student loans are becoming mom and dad’s albatross, as well.

Mexico to Raise Minimum $4.70 a Day

Nearly 25 million Mexicans are getting a pay raise. From $4.25 to $4.70 -- a day. Mexican government and business leaders agreed to raise the country's minimum wage starting on December 1 to 88.36 pesos from 80.04 pesos. The 10% ...

Apple Finally Got Its Tax Break to Bring Billions Home. Your Move Apple...

For years, Apple CEO Tim Cook has called on Washington to make it less costly for his company to bring back the billions of dollars it holds overseas. Just in time for Christmas, Cook finally got his wish.

2017 Was a Great Year to Be Rich

It's never a bad year to be rich, exactly. But 2017 turned out to be a particularly good one. Rich people are doing so well these days that their spending on luxury goods isn't even keeping up.

Tax Cuts Might Create Jobs. But Where Are the Workers?

The GOP tax reform was billed as a job creator. But there's one thing missing: Workers.