Money
Jaap Buitendijk/Paramount Pictures

The Big Short explanation

Money | An Oscar-winning film was a short, clever attempt to explain a big financial mess
by David Skeel
Posted 3/04/16, 01:00 am

If you’re making a movie about markets and money, do you try to explain the nitty-gritty financial details? Or not explain them at all?

Read more

iStockPhoto.com/Minerva Studio

New fiduciary rules aim to protect investors from their financial advisers

Personal Finance
by Joe Kesler
Posted 2/15/16, 10:30 am

Many people have no idea financial advisers are not required to put their interests first. Laws stipulate doctors, lawyers, and CPA’s should put their clients’ interests ahead of their own, but some financial advisers have a looser standard when providing retirement advice. And that may cost their clients a lot of extra fees.

But things are about to change. 

Read more

Associated Press/Photo by Lenny Ignelzi

Money trouble for millennials

Personal Finance
by Christina Darnell
Posted 2/11/16, 01:27 pm

Millennials owe a lot, but they don’t know a lot, according to a new report looking at the money habits of 20- and 30-somethings. 

The Millennials & Financial Literacy report by PricewaterhouseCoopers and George Washington University examined the personal finances of more than 5,500 young adults ages 23 to 35. Only about a fourth of millennials understand basic financial matters, like how mortgages work, the study found

Read more