Money

Michael Bloomberg spent a record $1B in his failed presidential bid, but Tom Steyer spent the most per vote, $1,320.

This estimate comes from the Consumer Financial Protection Bureau, whose new rule capping late fees at $8 is effective May 14.

Money illusion, the widespread inability to recognize what money is really worth, can lead individuals to wrong conclusions and bad decisions.

Advisors say taking it slow, educating clients and developing a strategy can ease the impact of client anxiety and exuberance.

Its self-service ban, in effect since 1949, has a colorful history: It was born of a thuggish, Sopranosesque effort to thwart competition.

We know that money really does buy happiness, more or less, for most people, thanks to the latest and perhaps final work of Daniel Kahneman.

The minimum wage is jumping to $20 an hour for most fast-food workers in California, making the rate the second-highest in the country.

Natixis execs discuss client pain points that financial advisors must address and offer suggestions on how to reframe conversations.

Even if they get the financial and tax reasons for diversification, emotional ties to their business may fuel resistance. (By Kimberly Foss)

Some parents like being the “family hero,” but advisors warn about the unintended consequences of pampering adult children.