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How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
Your friends are cooing about their new baby. Oh, yeah, it's a dog. "Pets have become the first child," says pet industry analyst R.J. Hottovy, explaining why even in tough economic times, spending on our animals continues to climb. Instead of investing...
"Dancing is not my forte," OfficeMax Chief Executive Ravi Saligram said on an analyst call with Office Depot CEO Neil Austrian to discuss the merger of the office supply retailers. "Notwithstanding this, I joined Fred Astaire Dance School, and lo and...
It's IRA time, with people opening individual retirement accounts after doing their tax returns and then fretting over where to invest the new money. Some labor over the decision, figuring there is one right fund. Yet, if you already have a balanced...
Could it happen again? Could your retirement plans end up in shambles, and your college savings tattered? As investors see the stock market repeatedly climbing to new records lately, some people want to know that they will be safe this time. They'd...
Look at your cute baby, and imagine the little tyke wearing a high school cap and gown about 17 years from now. Picturing the child holding a diploma, when he or she can't even hold a rattle yet, is probably next to impossible. But that day will come....
The magic is gone … the infatuation over. Wealthy investors who thought a few years ago that brainy hedge fund managers would show them the money have shed their rose-colored glasses. Individuals are no longer enamored with the funds, and for...
A sampling of how it works for a rock 'n' roll band in middle age: The bass player and drummer drive in for rehearsal from the suburbs where one of them is an interfaith counselor and the other, for a time, operated a fresh-bread franchise. One...
The darlings of cautious investors are sitting on the edge of the "fiscal cliff" and feeling twinges of tax anxiety. Much to the surprise of some investors, dividend-paying stocks — sleepy investments like utilities — along with real...
You know how necessity is the mother of invention? Well, superstorm Sandy was a mother all right. The waterlogged island of Manhattan — a nerve center for the nation — was effectively quarantined, its bridges and tunnels closed. In Midtown,...
The year Herman Wouk was born, Woodrow Wilson was in his first term in the White House, the Lusitania's sinking was on the front page and "The Birth of a Nation" was playing in silent movie theaters. In the 97 years since, with such books as "The Caine...
A coalition of gay marriage advocates plans to release a letter this week signed by top Illinois executives and companies endorsing same-sex marriage as an economic imperative, giving a powerful push to a bill that state lawmakers could take up as early...
May 19, 2013 |Column| Chicago Tribune
Apr 29, 2010 |Column| Chicago Tribune
Feb 24, 2013 |Column| Chicago Tribune
Mar 1, 2013 |Column| Chicago Tribune
Mar 15, 2013 |Column| Chicago Tribune
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Jan 30, 2013 |Column| Chicago Tribune
Jan 17, 2013 |Column| Chicago Tribune
Nov 28, 2012 |Column| Chicago Tribune
Oct 31, 2012 |Column| Chicago Tribune
Dec 19, 2012 |Column| Los Angeles Times
Dec 31, 2012 |Column| Chicago Tribune
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