Mason Malone

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Hiking in the Nordic countries

The Atnsjøen lake and the Rondane massif.<p>In the Nordic countries of Finland, Iceland, Norway and Sweden there are large sparsely populated areas …

Retirement: 5 Ways Money Makes Money

Saving for retirement is hard work, especially starting out. It’s no picnic to sock money away you might spend instead.<p>But you have to do it, and the earlier the better. Getting started with retirement saving and investing is common sense, but the really important part is starting early.<p>Why? …

NAFTA Is 20 Years Old – Here Are 20 Facts That Show How It Is Destroying The Economy

Back in the early 1990s, the North American Free Trade Agreement was one of the hottest political issues in the country. When he was running for …

Investors Pay for Hedge-Fund Illusions

In an earlier article for Bloomberg View, I described a danger facing investors: the put-option illusion. This is when investors, who tend to …

College Tuition Costs Soar: Chart of the Day

The cost of higher education has jumped more than 13-fold in records dating to 1978, illustrating bloated tuition costs even as enrollment slows and …

This Is Your Recovery, And This Is Your Recovery Without Drugs

<i>“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will</i> …

Deconstructing Management Fees In Alternative Funds

Without a doubt, money is the primary driving factor in private equity and hedge funds. Lucrative fees are paid to talented fund managers by investors eager to earn high returns on their investments. Although much attention is paid to the 20% incentive allocation paid to successful managers, either …

Workers spend more time planning vacation than retirement

Without a doubt, figuring out how to invest the money in your nest egg can be daunting. Yet many people spend more time researching which car to buy or where to go on vacation than they do investigating the investments in their 401(k).<p>In a survey of 1,000 retirement savers conducted for Charles …

U.K. bank hit with $300 million New York fine

Standard Chartered Bank will pay $300 million for not meeting the terms of a money laundering settlement with the state of New York.<p>Besides the payment, the British bank has to suspend the flow of currency between its New York and Hong Kong branches, and exit "high-risk" client relationships in …

Groups claim insurance discrimination in new forms

WASHINGTON (AP) — Ending insurance discrimination against the sick was a central goal of the nation's health care overhaul, but leading patient …

Here Are The Most Important Stock Charts To Watch After The Selloff

Global financial markets became reacquainted with volatility today as a series of concerning developments led to a selloff of risk assets, from stocks to oil. The Dow dropped by 317 points or 1.88 percent while the Nasdaq and SP500 were off by approximately 2 percent. West Texas crude oil sank …

Grieving parents drowning in $200,000 student loan debt receive relief

Steve Mason and his wife Darnelle have been struggling to pay their daughter's six-figure student loan debt ever since she passed away five years ago -- and now they are starting to get some much needed relief.<p>After a CNNMoney story about the family's situation ran Tuesday, hundreds of readers …

Bank of America fined $1.3B for bad mortgages

NEW YORK — A Bank of America subsidiary was ordered to pay nearly $1.3 billion Wednesday for a program that caused heavy losses to federally-backed mortgage finance giants Fannie Mae and Freddie Mac amid fallout from the financial crisis.<p>U.S. District Judge Jed Rakoff imposed the fine on the …

Activision Blizzard Moves Up In Market Cap Rank, Passing Nucor

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Activision Blizzard, Inc. (NASD: ATVI) was identified as having a larger market cap than the smaller end of the S&P 500, for example Nucor Corp. (NYSE: NUE), according to The Online Investor.<p>Market …

How Long Before China's Renminbi Becomes Fully Convertible?

As topics go it’s pretty hot and a question frequently asked. Just exactly when the Renminbi <b></b>(‘RMB’), the official name of the currency that was introduced by the Communist People’s Republic of China at the time of its foundation in 1949, becomes fully convertible and freely tradable has vexed the …

How To Train Your Brain To Make Smarter (And Happier) Money Moves

<i>By Linda Lombardi</i><p><i>This post originally appeared on LearnVest.</i><p>They say money can’t buy happiness, but who hasn’t pictured how wonderful life could be if you bought that must-have tech gadget or new set of wheels?<p>Of course, you’ve probably also experienced the letdown that accompanies the realization …

Whole Foods shares dip on lower than expected same-store sales

<b>The numbers:</b> Whole Foods Market’s profits rose 6.3% to $151 million, or 41 cents per share, in the quarter ending July 6. Sales grew 10% to a record …

Singing Solar Shockwave Confirms Voyager Is In Interstellar Space

Legendary NASA spacecraft Voyager 1 has been hit by another “tsunami wave” of solar activity, confirming that it’s definitely sailing through interstellar space.<p>These waves, which affect cosmic rays and plasma, are one of the indications that suggested to scientists back in 2013 that the craft had …