In 2018, under the House version of the Tax Cuts and Jobs Act, Wharton found GDP would grow 0.50 percent higher than with no tax changes. By 2027, Wharton's model estimates that growth would fizzle out.
The vote to elect trustees had been widely expected to pass. Less clear had been the PetroChina/Sinopec divestment vote, put forth by a shareholder group asking Vanguard to divest from the two Chinese energy companies, which do business in Sudan.
The very old are the fastest-growing segment of the population in developed nations, with an estimated 51 percent of elders age 80-plus between 2010 and 2030. Typically, advanced-aged children like Darlene Chapman, a retired Philadelphia police officer, serve as primary caregiver.
A sit-down with TIAA chief executive Roger Ferguson in Philly, home to many TIAA clients - including the University of Pennsylvania, Temple, Drexel, St. Joe's, and scores of universities, colleges, higher education, and secondary schools in the region. TIAA is facing controversy over its sales practices...
The former "One Day at a Time" child star has a show on the Food Network and a new cookbook, both called "Valerie's Home Cooking."
Tips on catching up: Put that big vacation on the back burner. Sell the house. And keep working longer.
A longtime journalist and PR man, Ed Eisen, 81, hires himself out to tell stories, prompt audiences to debate, and generally have fun. One of his popular programs is: "I'm an Octogenarian: What Do I Do Now?"
CreditKarma, a financial-technology company in which Bala Cynwyd private-equity shop Susquehanna Growth Equity LLC was an early investor, is among those offering free monitoring.
Are we living in an upside-down, world where lawmakers want us to save less - instead of more - for retirement? Apparently.
For those who no longer drive, as well as people with disabilities and school-age children, reliable transportation can be hard to find. Since 1984 - long before there were ride-sharing apps - the nonprofit Riders' Club Cooperative in Montgomery County has filled this need.
The contribution for those who put money into 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan has increased to $18,500, from $18,000. But the limit on annual contributions to an IRA remains unchanged at $5,500.
What would that day's 22 percent market crash - a la Black Monday 1987 - look like today? The Dow Jones Industrial Average this week has soared to a new record close of 23,000 - and would have to drop over 5,000 points (5,060, to be exact) in one day to lose an equivalent 22 percent.
Investor activist Tim Stabosz holds 3 percent of Destination Maternity. "I'm a material shareholder, so I'm glad to see the company is exploring other options" including a sale of the company, he said. "I'd like to see Destination Maternity sold at a price of at least $3.00 a share or higher," said Stabosz...