Finance

Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda.  Are we missing out?

Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out?

I am a very lucky person with a very happy life, the annual family income of $160,000 is high compared to the rest of the world. However, we’re still pretty frugal—we cook at home, drive old Hondas and do home repairs ourselves where possible. We put about 20% of our income into retirement and college …

Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out? Read More »

Russia is destroying the Ukrainian economy, increasing the costs for the United States and its allies

Russia is destroying the Ukrainian economy, increasing the costs for the United States and its allies

KYIV, Ukraine — Two months of missile and drone attacks by Russia have devastated Ukraine’s critical infrastructure and blew a hole in expectations for the country’s war-torn economy. Before those strikes, Kyiv had projected that it would need at least $55 billion in foreign aid next year for basic expenses — more than the country’s …

Russia is destroying the Ukrainian economy, increasing the costs for the United States and its allies Read More »

Should you charge more for services such as your energy bill than a Netflix subscription?  This is where the software is headed.

Should you charge more for services such as your energy bill than a Netflix subscription? This is where the software is headed.

The revolution that started with a snowflake has turned into an avalanche, and it could lead to a change in the way Americans pay for their services. The software industry has helped achieve the “subscription economy,” where companies pay for services delivered through the cloud on a monthly basis rather than buying packaged software just …

Should you charge more for services such as your energy bill than a Netflix subscription? This is where the software is headed. Read More »

Breakingviews - Blackstone gets smack in efficient markets

Breakingviews – Blackstone gets smack in efficient markets

NEW YORK, Dec. 8 (Reuters) – Private markets seemed, for a while, to be the perfect antidote to the weirdness of public markets. Companies like Blackstone (BX.N), Apollo Global Management (APO.N), and KKR (KKR.N) have offered investors the opportunity to buy assets that, because they weren’t publicly traded, didn’t swing significantly in value when stocks, …

Breakingviews – Blackstone gets smack in efficient markets Read More »