Category: Finance

Don’t Want to Fully Merge Finances? Consider a Money Partnership

When tax time rolls around each year, it’s common for couples to discuss money matters. You kinda have to, right? You’ll see where you stand — how much tax you owe or the expected size of your refund. Fingers crossed.

It’s a good opportunity to benchmark your progress toward money goals, for sure. And you may not spend a lot of time discussing how to improve your financial position. Tax time is more of a “get it done” moment.

But improving net worth and financial security are built on the foundation of small, consistent moves. That requires ongoing communication.

Merging

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Time to deal with the ‘nastiest, hardest problem in finance’

The UK government’s decision last week to push down the age at which workers can automatically be enrolled in a company pension scheme was widely praised. This is great news — given the power of compounding on long-term savings, the earlier people get going, the better.

But with that decision out of the way it is time for the government to look at the other end of the pensions market and tackle what Nobel Prize-winning economist William Sharpe has called the “nastiest, hardest problem in finance” — the question of decumulation , or how to plan savings and spending in

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Amid global downturn, the finance world is chasing Middle Eastern money

A man dressed in a thawb walks past Dassault Falcon executive jets, Dubai, United Arab Emirates

Leonid Faerberg | Sopa Images | Light rockets | Getty Images

The organizers of the Investopia x Salt conference in Abu Dhabi — the brainchild of American financier and one-time White House press secretary Anthony Scaramucci and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum — expected to see 1,000 guests over its two-day event in early march. Instead, it got 2,500.

“We’re a little overwhelmed, but it’s a great sign,” one of the organizers told CNBC. Some others were annoyed. “It’s too many

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PayPal Loses CFO Blake Jorgensen, Gabrielle Rabinovitch To Continue As Acting Finance Chief

  • On March 7, 2023, PayPal Holdings, Inc (NASDAQ: PYPL) said CFO Blake Jorgensen would immediately step down.

  • Jorgensen will remain as a senior advisor through September 15, 2023.

  • Jorgensen’s decision does not reflect any dispute or disagreement with the Company.

  • Gabrielle Rabinovitch will continue to serve as acting CFO.

  • The departure followed a leave of absence for health reasons amid a shuffle of upper management at the online-payments platform, Bloomberg reports.

  • In February, CEO Dan Schulman shared plans to retire from PayPal on December 31, 2023. The Board will retain a search firm to help find Schulman’s successor.

  • In February,

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Yahoo Finance LIVE – Mar 1 AM

Storyful

Dozens Arrested After ‘Coordinated Attack’ on Proposed Site of Atlanta Police Training Center

At least 35 people were arrested following what the City of Atlanta Police Department called a “coordinated attack” at the proposed site of the Atlanta Public Safety Training Center on Sunday, March 5. Footage from the City of Atlanta Police Department shows officers at the site in DeKalb County seeking cover as they fireworks exploded around them.The police said a group of “violent agitators” carried out a “coordinated attack” on the site on Sunday.The force said the group “changed into black clothing, entered the construction area

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US Life Span Falling Behind Our Peer Countries

March 6, 2023 · 7:29 AM

From NPR:

The average life expectancy for Americans is shortened by over seven months [in 2021]according to new data from the Centers for Disease Control and Prevention.

That decrease follows an already big decline of 1.8 years in 2020. As a result, the expected life span of someone born in the US is now 76.4 years — the shortest it has been in nearly two decades.

But we still have the best healthcare system in the world, right? Not if you judge it by life expectancy. From Health System Tracker:

Life expectancy in the

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From gatekeeper to innovator: How finance teams are using technology to drive strategic innovation

Chief financial officer (CFO) and finance teams are typically known for their fiscal duties – accounting, expenses and financial planning – that help ensure an organization is compliant and runs smoothly for long-term financial health. Over the past few years, the role of finance teams has drastically evolved to include driving innovation. During the pandemic, CFO guidance was critical to keep organizations running – by closely monitoring revenue and expenses and at times, making tough business decisions. Now, these teams are being asked to expand their role to become futurists and play a leading role in transformation. To learn more

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Consumers keep feeling better about today and worse about tomorrow: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe

Wednesday, March 1, 2023

Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App.

US consumers and the executives that Goldman Sachs (GS) CEO David Solomon talk to have a lot in common — they feel good about today and worse about tomorrow.

New data out from

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