Tag: labor

I have 8 nieces and nephews. What is the appropriate age to stop giving envelopes full of money during the holidays?

Dear Moneyist, I have three children ages 16, 18 and 20 and also eight nieces and nephews ranging in age from 12 to 32. My...

The pandemic has more than doubled food-delivery apps’ business. Now what?

Zachary Davis, owner of The Glass Jar restaurant group in Santa Cruz, Calif., said he intentionally avoided working with food-delivery apps before the COVID-19 pandemic...

There’s a way to fix the $4.6 trillion U.S. public pensions mess — Canada shows us how

In Ernest Hemingway’s “The Sun Also Rises,” Mike is asked how he went bankrupt. His reply: “Two ways. Gradually, then suddenly.” He might as well...

She’s 63 and living by the beach in Mexico on $1,000 a month: ‘I can’t imagine living in the U.S. again’

Janet Blaser knows a thing or two about reinvention. Once a food and restaurant writer in Santa Cruz, Calif., the now-63-year-old struggled to find work...

50 million people will travel this Thanksgiving, as more than 250,000 Americans have died from COVID-19

The U.S. Centers for Disease Control and Prevention has repeatedly said that “the safest way to celebrate Thanksgiving this year is to celebrate with people...

I lost my job because of COVID-19 cutbacks — can I tap into my IRA?

Q: I’m 49 and was laid off due to COVID cutbacks. A former co-worker says I can tap my IRA tax-free this year. How do...

Simon Property gives up on four struggling malls. Why more could follow

Christmas decorations at The Grove outdoor shopping center in Los Angeles. AFP/Getty Images It was called “jingle mail” during the last recession. Real estate owners...

Joe Biden has big plans to help protect gig workers — but will he be able to enact them?

Gig workers are in for some changes under the Biden administration. For starters, President-elect Joe Biden promised on his campaign website to “ensure workers in...

‘I think everybody’s taken a deep breath’: Joe Biden didn’t get a ‘blue wave’ but here are 5 ways he can advance his tax agenda

That pledge was premised on a “blue wave” where Democrats kept the House of Representatives and established a newfound majority in the Senate, which would...

My wife pushed me into buying a home because she provided 2/3 of the down payment. Now I’m stuck in a house I hate

I have measured out my life with coffee spoons;I know the voices dying with a dying fallBeneath the music from a farther room.So how should...

My fiancé and I have 3 kids each. My stepson, 16, ‘forgot’ his Christmas gift last year. Should I get him nothing this year?

I have been with my fiancé for over two years, and we each have three kids from previous marriages. Five of the kids get along...

‘Help is coming — and it’s coming soon’: Dr. Fauci outlines when COVID-19 vaccination will be available to all Americans

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and an expert in infectious diseases for the last four decades, gave his...

The U.S. Supreme Court’s Obamacare case is about health care — but also simple math

Nine U.S. Supreme Court justices have the fate of health insurance coverage for approximately 20 million Americans in their hands. Tuesday morning marked oral arguments...

What a Joe Biden presidency means for taxes, health care, housing, student debt — and another COVID-19 stimulus package

Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes...

Joe Biden’s pandemic plan — mandatory face masks, paid sick leave, restoring Obamacare and free COVID-19 tests

Joe Biden has one critical task ahead of him: COVID-19. The former vice president will become the 46th president of the United States after 20...

Enormous change in the U.S. — a potential ‘secession crisis’ in red states and the possibility of solving intractable problems — will mark the 2020s, says author Neil Howe

Neil Howe foresaw that 2020 would be time of crisis for the U.S. — back in the 1990s. As scholars of demography and generational trends,...

I’m 41. My fiancé is 61. I’m worth $1.3M. He’s worth $250K. He won’t marry if I insist on a prenup. How can I protect my assets?

Dear Moneyist, I am 41 and my fiancé is 61. I am worth $1.3 million. I have 1.1M cash in my business, and $200,000 on...

‘Diverse perspectives lead to better decision making’: Ariel Investments’ John Rogers Jr. pushes corporate boards to have their own ‘Jackie Robinson moment’

Decades before John Rogers Jr. founded Ariel Investments, his dad gave him his first stock at age 12. Rogers, 62, has been recreating that gift...

I’m a 40-year-old teacher who doesn’t want to wait 15 years to retire. Can I live off the rental income from my three properties?

I’m a 40-year-old teacher who has invested wisely over the last few years. I have purchased three two-unit homes that bring in about $2,500 in...

I filed for bankruptcy after rehabbing my husband’s home. Now he wants an open marriage and says I own nothing. I feel trapped and bamboozled

Dear Moneyist, I have been with my partner for five years and married for one year. I left my apartment, threw away all my furniture...

How did Trump lose senior citizens?

One of the groups that powered Donald Trump’s surprise White House win in 2016 was seniors. He won 52% of that group, to Hillary Clinton’s...

‘It really wears me down’: Domestic workers are still struggling even as other sectors of the economy start bouncing back

It’s more than half a year into the coronavirus pandemic and Amalia Hernandez de Ramirez hasn’t been sleeping well. “Sometimes I wake up in the...

I offered my son $30K for a down payment on a home. His fiancée wants a written agreement for my gift to be split 50/50

Dear Moneyist, My 29-year-old son is engaged to be married in June 2021. He is living with his fiancée in a small one-bedroom rental. About...

Can Trump or Biden fix Social Security?

Considering how important retirement security is to most Americans, the presidential candidates have spoken relatively little about it. In the final presidential debate on Thursday,...

I’m 24 and dating a 64-year-old man. He wanted to get married, but I discovered he never got divorced. Have I been conned?

I am 24 years old and I have been in a relationship with a 64-year-old man for five years. He is financially secure, he takes...