Nike CEO Takes a Pay Cut After Rough Year

CEO Mark Parker is taking a 71% cut this year. He will make $13.9 million, mostly from stock and option awards, according to regulatory filings posted late Tuesday. Parker made $47.6 million in 2016 and was one of the best-paid ...

Florida Teen Wins $26,000 a Year for Life off $1 scratch-off

A one dollar investment is all it took for an 18-year-old Florida woman to win a set salary for life.

How Tax Reform Could Change Your 401(k) Tax Break

Republicans in Congress are gearing up to fight for lower tax rates. But how do you pay for those cuts? One possible solution on the table: Taxing you on your retirement savings up front.

How To Decide Who Merits Your Money As You Ponder Your Legacy

Not long ago, Jeff Bezos took to Twitter to ask the world for charitable-giving ideas. The founder sought a charitable strategy that looked at the long term and soon he was inundated with suggestions.

Could a Gap Year After High School Make Financial Sense?

In some parts of the world, a gap year – a year-long break between high school and college – is the norm. It's starting to catch on in the U.S. as well.

How Do I Know How Much I'll Need In Retirement?

Why is retirement planning based on replacing a certain percentage of your pre-retirement income after you retire? Wouldn't it make more sense to plan on the basis of the expenses you'll face in retirement? --Nathan

Minimum Wages Tick Up in Many Cities With New Fiscal Year

Higher minimum wages go into effect across the country this week, boosting many low-wage workers' paychecks — and the blood pressures of some employers and economists.

Italy Is Pouring Billions More Into Its Troubled Banks

Italy is putting up €17 billion ($19 billion) to avert a fresh crisis in its beleaguered banking system. The move over the weekend came after a warning from European authorities that two struggling Italian regional banks -- Banca Popolare di ...

Takata, Brought Down by Airbag Crisis, Files for Bankruptcy

The company at the heart of one of the worst auto safety scandals in history has filed for bankruptcy. Japan's Takata was brought down by the huge cost of its exploding airbag crisis. The company's faulty airbag inflators, which can ...

Senate GOP Health Bill Would Slash Medicaid. Here's How.

Republicans have wanted to repeal Obamacare for years -- but they've wanted to overhaul Medicaid for far longer.

Money & Marriage: The Real Cost Behind Getting Married

Wedding Season is upon us and we have watched so many couples that are young and old take the plunge to wedded bliss! Behind all those lavish weddings are hefty price tags. If you don’t know wedding are big business ...

Sporting Events on a Budget – It's Possible with a Plan

Season ticket holder or first timer, watching your team take the field or visiting new teams in a different venue, gripping your seat tightly during the finger-biting last minutes of a close game or cheering on a decisive win – ...

The Billion Dollar War Over Maps

During a test drive near Ford's Michigan headquarters, the team noticed something strange with its self-driving cars.

Uber CEO's Mother Dies In Boating Accident: 'Unspeakable Tragedy'

The company, in a statement on Saturday, called the incident an "unspeakable tragedy" and said that Kalanick's father remains in a "serious condition." Kalanick's mother, Bonnie, was 71.

James Cameron on Disney's Pandora and why the 'Avatar' sequels are talking so long

Walt Disney World has treated guests to the Tomorrowland, Neverland, and now the famous theme park is inviting fans to visit the land of "Avatar."