Author: News Room

5 Investments That Can Add Income After You Retire

Once you retire, the purpose of your investment portfolio often changes. Instead of concentrating primarily on growth, many retirees focus on generating reliable income to supplement Social Security, pensions or other sources of income. Choosing the right investments to add income after retiring can help support day-to-day expenses while managing…

How Pausing Gas Taxes Would Be A Warning For Social Security, Medicare

With fuel prices skyrocketing due to his war in Iran, President Trump says he wants to suspend the federal gas tax “for a period of time.” GOP lawmakers immediately promised to introduce bills to do just that. And Democrats were way ahead of them: Back in March, senators Richard Blumenthal…

What Do Financial Advisors Make for Selling Annuities?

Annuities are a common financial product used in retirement planning, but their compensation structure isn’t always easy to understand. Many investors are familiar with the basic concept of exchanging a lump sum for a stream of guaranteed income, but fewer are aware of how financial advisors are compensated when recommending…

Price hikes are making gaming feel like a luxury hobby

For years, new video games looked like one of the best deals in entertainment: buy a console, buy a game, plug them into your home television, and play for hours.That bargain feels a lot less simple today. Price increases are hitting almost every layer of the hobby, pushing it increasingly…

Read the memo the new ’60 Minutes’ executive producer sent to staff

“60 Minutes” has a new top producer.Nick Bilton, a former New York Times and Vanity Fair columnist, author, and documentary producer, is taking the helm of the news show, CBS News announced on Thursday.Bilton is replacing “60 Minutes” veteran, Tanya Simon, who took on the role of interim executive producer…