The University of Florida has supplanted Syracuse as the top team in college basketball’s Associated Press Top 25 weekly poll, returning to No. 1 for the first time since winning a second straight title in 2007.
Employers are squeezing their workers’ retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules. Taken together, these measures are making it more difficult to save for old age.
When Robin McLane’s generation hit public schools in the 1950s, there were never enough classrooms or teachers to accommodate the bulge, she said. So she’s not surprised about the latest shock that boomers are delivering to the U.S. economy.
Genworth Financial Inc. named James Boyle to run its U.S. life insurance operation, as Chief Executive Officer Tom McInerney seeks to improve results at the country’s largest provider of long-term care coverage.
Eighty-seven-year-old Lew Manchester has just returned from a three-week trip touring Buddhist temples in Laos and cruising the Mekong Delta in Vietnam. His 61-year-old daughter Lee lives year-round in the basement of her friend’s Cape Cod cottage, venturing into the winter cold to get to the bathroom.