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For Baby Boomers, Lessons In Financial Basics
The generation that came of age in the 1960s is beginning to retire. Born after World War II, they grew up in an era of rising living standards, but the Great Recession destroyed any sense of financial security. Now they face challenges, including putting their kids through college and caring for their parents.
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•
5:26
Jeb Bush: Legal Residency, Not Citizenship, For Illegal Immigrants
Former Florida Gov. Jeb Bush says the United States should overhaul its laws to make immigration easier and to give illegal immigrants a way to legal residence, not citizenship. He says granting citizenship would provide an incentive for others to come to the U.S. illegally.
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6:49
Skipping Out On College And 'Hacking Your Education'
Dale Stephens says many students would be better off ditching college and finding alternate ways to complete their educations. His new book, Hacking Your Education, explores that idea. "When you think about education as an investment, you have to think about what the return is going to be," he says.
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4:02
Heinz CEO Entitled To Hefty Exit Package
Filings with the Securities and Exchange Commission show if William Johnson is fired when the new owners take over, he'll walk away with a golden parachute worth $56 million. When you tack on stock payouts and deferred compensation benefits, he could get more than $200 million.
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0:44
Book News: Male Authors Still Get Far More Coverage, Survey Shows
Also: Alice B. Toklas' fudge recipe; a fireproof edition of Fahrenheit 451; and a Milton scholar on ghostwriting the Sweet Valley High series.
U.S.: Diplomats Shouldn't Drink Before Budget Meeting
Joseph Torsella represents the United States on the United Nation's budget committee. He says it's a tough budget process, and it's complicated by diplomats who show up drunk.
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0:29
At The Vatican, 'No Rush' To Set Conclave; And A Fake Bishop Tries To Get In
Roman Catholic cardinals are in Rome and are discussing when to begin their formal deliberations on a successor to Pope Benedict XVI. On Monday, a German man pretending to be a bishop tried to get into one of their meetings. The Swiss Guards led him away.
Venezuela's Chavez Takes Turn For The Worse
The Venezuelan president is having difficulty breathing and has a new "severe" infection, as his vice president has taken over the day-to-day running of government.
Man Linked To Hit-And-Run Deaths Of Parents And Baby Has Long Rap Sheet
Nachman and Raizy Glauber, both 21, died soon after the crash. Raizy Glauber had been about seven months pregnant. Their premature son died Monday. Now, police are looking for 44-year-old Julio Acevedo. He spent time in prison after a manslaughter conviction.
14,253.77: Dow Rallies, Finishing In Record Territory
The bulls continued to run on Wall Street, where the Dow surpassed its all-time high.
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