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Eileen Griffin always wanted to own a bookstore. So three years ago, when she retired from her job as a national account manager for Random House, she took all her savings and opened the Griffin Bookshop and Coffee Bar in downtown Fredericksburg, Va. It became a local favorite, with live music performances on Friday and Saturday nights. ...more
March 2, 2009
Joel Toro of Tampa thought he was set for life. Then the phone rang last month. ...more
February 6, 2009
Millions of American workers lost an average of 27 percent of their 401(k) retirement savings in 2008, according to a study released Wednesday by Fidelity Investments. ...more
February 1, 2009
State officials recently warned elderly residents about so-called financial planning seminars or estate preservation workshops that use a "free lunch" to lure seniors to attend. ...more
January 21, 2009
A program that began quietly a decade ago is attracting close attention now that increasing numbers of veteran workers in state and local governments qualify to get both retirement pay and a big salary. ...more
December 28, 2008
When New York Gov. Franklin Delano Roosevelt delivered a commencement address at Oglethorpe University in May 1932, the economic crisis that had befallen the United States three years earlier had already morphed into the Great Depression: One in four Americans was out of work, banks were failing at a rate of 10 per week and the gross national product was at half its pre-crash level. ...more
December 27, 2008
Attorney General Bill McCollum and Department of Elder Affairs Secretary E. Douglas Beach issued a consumer advisory urging senior citizens and their loved ones to think twice before taking advantage of so-called financial planning seminars or estate preservation workshops that use a "free lunch" to lure seniors to attend. ...more
December 7, 2008
President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars. ...more
November 22, 2008
The holiday shopping purists among us don't even want to talk about the retail season ahead until the day after Thanksgiving. But with the economy looking bleaker by the day and stock indexes slumping from bad news on sales, all eyes are on holiday projections and that nebulous thing called "consumer confidence." ...more
November 17, 2008
A number almost as scary as 401 - as in 401(k) - for parents with college-bound children these days is 529. ...more
November 16, 2008
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