Social Security Collection: Early or Delayed?

Seniors across the United States are planning to rely on Social Security income after they retire. Recent reports, however, have indicated that over 40% of seniors claim their funds almost immediately, resulting in a loss. According to Hans Scheil, CEO of Cardinal Retirement Planning, it’s behavioral finance. “They want the security of knowing a government…

Zalando Might Be Opening Stores

If you’re a fan of the online fashion retailer Zalando, you may be able to shop with them in person soon. That’s because they are thinking about opening stores in major cities. As the co-chief executive Rubin Ritter told Germany’s Manager Magazin,  “We have proper fans in the metropolises who spend much time with us…

800 Losing Job with Caterpillar Inc.

800 employees of Caterpillar Inc. are going to lose their jobs soon when the Aurora, Illinois plant closes. As Lisa Miller, the Caterpillar spokeswoman explained to Reuters, “Out of about 800 production positions, about 500 positions would likely be added to Decatur and about 150 positions would be added in North Little Rock.” This is…

3 Recent President Trump Nominations

Many new nominations have been getting attention in the Trump administration and are certainly worth noting and learning about in more detail. Last week, President Trump nominated Patrick Shanahan to be the deputy Defense secretary. Shanahan has, most recently, been Boeing’s Senior Vice President for Supply Chain and Operations. Prior to this, he was the…

Credit Card Wars

Credit card companies are facing off in a potential war to try to keep their customers – and to keep them happy. American Express Co. will be offering $200 a year in Uber rides to their customers, along with other perks, on their Platinum charge cards. They are hoping to keep their high-end customers happy…

Change in Prices at Disney

Bad news for those of you who love going to Disney. Walt Disney Co. is raising the admission price for all of its theme parks by as much as $5 for some of the single-day tickets. Now, a single-day pass to the Magic Kingdom will cost between $107 and $124 depending on the time of…

Luxottica and Essilor Merging

In a fascinating move worth watching, Italy’s Luxottica and France’s Essilor have agreed to a merger deal worth 46 billion euro ($49 billion). This deal should create a powerhouse in the eyewear world and should bring in revenues of more than 15 billion euros. With this merger, Leonardo Del Vecchio, who started Luxottica, will have…

Black Friday Didn’t Bring in More Green

While stores were certainly hoping for a major holiday shopping weekend, the National Retail Federation is reporting that shoppers spent, on average, 3.5% less than a year ago. The NRF surveyed 4330 consumers on Friday and Saturday and found that shoppers spent $289.19 during the four-day weekend. This was compared to $299.60 last year. Interestingly,…

San Francisco Soda Tax Passes

Voters in San Francisco, California have passed a tax on sugary beverages. The goal to target soda in order to stem the rise in obesity and diabetes has been gathering support. The World Health Organization has recently recommended that governments introduce taxes of this sort in a bid against obesity, diabetes and other diet-related diseases….