Is your target-date fund ripping you off?
Meanwhile, the younger investors in the Target 2050 funds are decades away from retirement and should be in funds with returns that are on the higher end of the range….
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Look out: Big week ahead for stock market
Big tech week: Investors are looking to tech companies to lift the market higher now that energy firms and banks are struggling. It’s been a record year for Apple, which…
When Silicon Valley takes LSD
Tim Ferriss, a Silicon Valley investor and author of “The 4-Hour Workweek,” says he knows many successful entrepreneurs who dabble in psychedelics. “The billionaires I know, almost without exception, use…
Mike Judge on (the lack of) sex in Silicon Valley
We’ve had things happen where we put something in the show that we made up, and then it really happens, in between the time we did it and when the…
Are smart drugs driving Silicon Valley?
The idea: mix and match enough of them to find the killer combo; the winning blend is what’s known as a “stack.” Asprey’s stack is ever evolving as he experiments…
Inside a high-tech San Francisco swinger’s party
“We are in Silicon Valley,” says Stella, an engineer who attends. “People here don’t have a very high tolerance for bad websites.” Stella has been with her husband, Greg, both…
I have a fiancé, a girlfriend and two boyfriends
Han compares her experimentation with her relationship to the experimentation that happens in the Bay Area, a mecca for entrepreneurs who question the way things work. “I think that in…
I did LSD with Steve Jobs
“We were monk-wannabes,” Kottke said. They were on a quest to better understand consciousness using an LSD varietal known as Orange Sunshine as their Sherpa. “We were … in a…
Indiana church sues JPMorgan for millions
Not wanting to burden the church with handling such a large endowment, Lilly appointed three banksIndiana National Bank, American Fletcher National Bank and Trust and Merchants National Bank & Trust…
#HeForShe campaign goes corporate
Related: Try our Global Wage Calculator Gender inequality was a big theme in Davos this week during the World Economic Forum, a high-brow event that’s known for being overrun by…
Second record box office weekend for ‘American Sniper’
Movies make most of their money Fridays through Sundays. In its opening weekend, including the Martin Luther King Day holiday on Monday, “Sniper” made $105 million, setting a new record…
2015: The global economy’s ‘sink or swim’ moment
Related: See complete coverage from Davos But as the ECB money starts sloshing around the financial system and flowing into other parts of the world, concerns have been raised about…
Is this the next CEO of Starbucks?
Chatter about a successor to Schultz started to pick up once Troy Alstead, who Johnson is replacing, announced earlier this month that he was taking a leave of absence. Alstead…
Oil crash may kill the Texas housing boom
A number of large, Texas-based energy companies have recently announced job cuts, including 7,000 by Baker Hughes (BHI) and 9,000 by Schlumberger (SLB). Not all of those jobs cuts will…
Heard at Sundance: ‘Black lives matter’
“There is no reason to sing those songs” now, Simone said. “Nothing is happening. There is no civil rights movement.” Garbus said, “I think that’s one of the saddest moments…
SkyMall catalog lands in bankruptcy
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McDead? More lousy results from McDonald’s
“As we begin 2015, we are taking decisive action to regain momentum in sales, guest counts and market share,” said CEO Don Thompson said in a statement Friday. The company…
UPS delivers bad news. Stock tumbles 10%
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Uber restarts in New Delhi
Related: Uber’s global ambitions hit roadblocks If granted a license, Uber will be regulated under the same set of rules as taxi companies. Uber has long argued that it is…
AT&T texts can be faked to hack you
Third, the text messages don’t even have a consistent format. Sometimes they start in all capital letters: “AT&T FREE MSG.” At other times they’re lowercase: “AT&T Free Msg.” To test…
Russian elites warn West: Sanctions will never move Putin
“Russia and America might have no relationship after that,” said VTB’s Andrey Kostin on Friday. “If there is no SWIFT, there is no banking … relationship, it means that the…
Tim Cook on his way to the billionaire club
Despite his big payday, Cook was one of the lowest-paid executives at Apple (AAPL, Tech30) last year. New Apple Store chief Angela Ahrendts got a $73.3 million pay package, most…
16 firms worth billions even though they lose millions
Here are 15 other tech companies worth billions despite making no money: 1. Snapchat: At $10 billion, fast-growing Snapchat is one of the world’s most valuable private tech startups. Yet…
Lands’ End missed the lumbersexuals memo
Smells like Sears: Experts believe the problem for Lands’ End might be its ongoing relationship with Sears. Although Sears (SHLD) spun off Lands’ End into separate company in April, Lands’…
How CNN’s Global Wage Calculator was put together
The share of employees in total employment varies across the world. In most developed economies, employees represent about 85% of total employment. However, in developing countries this is much less….
Obamacare website reins in personal data sharing
Citing Healthcare.gov’s many technology glitches, they wrote: “This new information is extremely concerning, not only because it violates the privacy of millions of Americans, but because it may potentially compromise…
‘Records on top of records’ for ‘American Sniper’
It wasn’t a coincidence that the Academy Awards nominations were announced a day earlierCooper was nominated for best actor and the movie was nominated for best picture, giving “Sniper” even…
Madoff defends sons in email to NBC
Madoff once again asserted that his sons were never involved in his massive, long-running Ponzi scheme, a claim that he has made since his arrest in Dec. 11, 2008. He…
Finally, Jamie Dimon gets his cash bonus
Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
$7.54 for a Big Mac? Only in Switzerland
On average, a Big Mac in Russia will set you back $1.36, or 89 rubles. Russia’s currency has plunged to record lows in recent months as falling oil prices combined…