|
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
|
|
A US House special election in Texas is set to narrow the GOP majority even further CNNHouston runoff sets up next Democratic generational fight PoliticoHouse GOP majority on the brink as all-Democrat Texas special congressional election underway Fox News
|
|
Partial government shutdown begins as funding lapses despite Senate deal CBS NewsUS government partially shuts down despite last minute funding deal BBCWhat to know about the partial government shutdown and its impact AP NewsSenate Passes Deal to Fund Government and Negotiate ICE Limits The New York TimesUS governmen
|
|
Long-term yields ticked up after president nominated former governor to lead US central bank
|
|
Justice Department releases millions of pages of documents in Epstein investigation CNNJeffrey Epstein invited 'The Duke' to meet Russian woman BBCNew docs show Jeffrey Epstein's vast connections with Bannon, Musk and other power players PoliticoCommerce Secretary Howard Lutnick Planned Trip to Epstein's Island The New York TimesDOJ releases tranche of Epstein files, says it has met its legal obligations NPR
|
|
Warburg Pincus has exited supply chain execution and planning systems specialist Softeon to IFS, a provider of industrial AI software.
The post Deal Roundup: Warburg exits warehouse software supplier Softeon, OpenGate completed ScioTeq sale to Tikehau appeared first on AltAssets Private Equity News.
|
|
Is it true that many young professionals don't know how to save money?
I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.
Knowing I advise young professionals on their finances, he zeroed in on the following questions: "How much should I save, and how do I know if my savings plan is on track?"
SEE MORE Millennials Want a Different Kind of Retirement
Many highly talented and bright young individuals - often earning six figures, receiving an annual bonus and holding stock options - often struggle with how to spend and save their money. My advice is to develop a process that focuses on three fundamental ideas that anyone can use.
Control Savings and Spending by Paying Yourself First
Putting together a budget and tracking spending are useful tools - but they can be tedious and hard to sustain. Instead of starting with expenses, I begin by allocating the desired amounts of money to various savings and investment accounts.
I set up automated contributions to my 401(k) retirement account, Roth Individual Retirement Account (IRA) and after-tax brokerage accounts. Once that money is set aside, I have total peace of mind knowing I can afford to spend what's left and still be on track to hit my financial goals.
If, like me, you make the majority of day-to-day purchases on your credit card, another easy way to spot-check spending is making sure you can pay your credit card bill in full each month without tapping your savings.
Don't get me wrong - developing a detailed budget is a valuable exercise when done periodically. And it's parti
|
|