The market has been super volatile lately. With the coronavirus still wreaking havoc, economic ups and downs, and an election on the horizon, that's not likely to change any time soon. If you're retired or nearing retirement, investors' rights advocate Peter Mougey says you might want to look at a) what's happening with your performance, and b) the make-up of your portfolio.
If you’re making withdrawals from your retirement account, you need to understand the math behind your financial advisor’s strategy. Peter Mougey says you should make sure they are following three critical math rules.
Retirees who make regular withdrawals from their portfolio have specific risks that younger investors don't need to worry about. That's why it's so important to understand the math behind what you're doing—especially in a time of market turmoil like the one we're in now.
If you're making withdrawals from your retirement account, you need to ask yourself (and your adviser) some tough questions—and to take a good hard look at the numbers.
No doubt about it: The market has had a brutal couple of months. It’s upsetting to check your retirement account and see that some sectors are down as much as 40-50 percent. Granted, some weeks of upswings have been a welcome respite — but is the downward pressure over?
Yale School of Public Health epidemiologist Zeyan Liew and his fellow researchers have identified per- and polyfluoroalkyl substances (PFAS) as a risk factor for miscarriage.
These “forever chemicals” are so called because of their long-term staying power in the human body. The chemicals can survive and collect for decades—both in people and in the environment.
More than 51 percent of small businesses who responded to a survey report they have suffered serious negative impact from COVID-19, according to a study conducted by the U.S. Census Bureau. More than 30 percent of respondents say they expect their businesses will feel the effects of the virus for more than six months.
A Minnesota student has filed a class-action lawsuit against Duke University claiming that he and other enrolled students paid the defendant for a “comprehensive academic experience” and instead got something “far less,” as stated in the complaint.
In May, as millions of quarantined and socially deprived Americans turned bored eyes to their smartphones, legal storms began to brew for TikTok, an app for sharing short-form mobile videos. The legal actions center on the company’s use of biometric data and other information collected from the network’s 800 million active monthly users.
Since the early 1900’s Johnson & Johnson has proudly advertised its Johnson’s Baby Powder as “Best for the Baby—Best for You.” Although the massive, multinational company continues to stand by this message, it has finally conceded to others who disagree by discontinuing sales of its talc-based baby powder in North America.
The Levin Papantonio law firm is part of a team of law firms heading up litigation to hold hotels and other businesses accountable for their role in facilitating human trafficking.
Although their first request to centralize the litigation was denied by the United States Judicial Panel on Multidistrict Litigation (JPMDL), advocates for survivors continue to push ahead in various jurisdictions across the country fighting for the rights of women and children trafficked on hotel properties and by hotel brands allowing the abuse to continue for years.
There is good progress being made in regards to holding businesses accountable that profit from human trafficking. In December 2019, the first plaintiff to file against a hotel or motel for its role in a trafficking case settled with the Massachusetts motel where she was held captive. The survivor in this case told media the case was more about accountability because employees at the motel saw her in distress and did not help her.
When the markets are down, high yield funds (closed-end “junk” bonds) suffer more than other investment instruments. This is precisely what is happening today.
High yield closed-end funds (CEFs), sometimes referred to as “junk bond funds,” usually trade on stock exchanges, and so supply and demand typically drive their prices. As we experience decreasing confidence and growing instability in the markets, CEF junk bond net asset values (NAVs) are taking a serious hit.
The coronavirus outbreak has touched virtually every aspect of our lives, including our court system. On March 18, a New Jersey state court declared it was delaying proceedings in a case against American International Industries, the parent company for talc-product manufacturer Clubman.
In the lawsuit, two hairdressers, Margaret Lashley and Dwayne Johnson, seek justice for their exposure to asbestos in Clubman brand’s cosmetic talc products they used in a barbershop. The plaintiffs claim that this exposure caused their fatal cancer.
Floridian women in the West Palm Beach area, please take note: The Breast Institute in West Palm Beach is unauthorized to perform mammography.
The U.S. Food and Drug Administration (FDA) took corrective action against The Breast Institute, located in West Palm Beach, Florida, after declaring that the mammograms performed by the facility are a “serious risk to human health.”
Bayer opened a Pandora’s box when it acquired Monsanto Co. in 2018. Since acquiring the maker of Roundup weed killer, the multinational pharmaceutical giant has faced lawsuits from nearly 49,000 Roundup users who claim the product causes non-Hodgkin’s lymphoma (NHL).
The small Connecticut-based lab that first sounded the alarm about NDMA contamination in ranitidine (Zantac) is now issuing a similar warning over metformin, a commonly-prescribed, first-line treatment for type-2 diabetes.
A group of women is accusing breast implant manufacturer Allergan of intentionally keeping the public in the dark about the cancer risk their product poses. Six women filed lawsuits against the company for its understated label warnings regarding BIOCELL textured implants, and the plaintiffs explain other ways in which the company’s cloak-and-dagger reporting tactics put the women in harm’s way.
As news coverage of e-cigarette related illnesses has faded into the background, the U.S. House of Representatives took a major step last week by passing the Reversing the Youth Tobacco Epidemic Act, which bans all sales of flavored vape as well as tobacco products, namely menthol cigarettes.
Bayer CEO Werner Baumann's $63 billion gamble on purchasing Monsanto continues to spiral downward. Not only is Bayer facing more than 43,000 glyphosate claims from Roundup users afflicted with cancer, but now, a small army of farmers are lining up to sue the company over dicamba, another Monsanto herbicide that has been destroying food crops.
Twenty-one sex trafficking survivors who filed lawsuits against various hotels where they were victimized will not have their cases consolidated before a single court, the Judicial Panel on Multidistrict Litigation ruled last week.
Despite the fact that all of the cases share the same cause of action – namely, that the hotels failed to train their staff members on how to recognize and report suspected sex trafficking activity – the JPML ruled that the cases were too diverse to be consolidated.