Easier | Common News Update

Jan192020 by adminNo Comments

Why getting into college is getting easier

Getty ImagesEarlier this month, scores of high school seniors submitted their applications to college. Now comes the worst part: waiting.In the wake of a college admissions scandal and as the super-low admission rate at many top colleges receives widespread attention, the business of getting in to college is more intense than ever.However, it may actually be getting easier to be admitted, despite perceptions.More from Personal Finance:Here's what it takes to get into a top collegeApplying to college early isn't always the best moveWhy so few teenagers have jobs anymoreFor starters, the vast majority of schools where most Americans get their post-secondary education admit most of the students who apply, according to recent research from the Pew Research Center based on U.S. Education Depart...

Dec202019 by adminNo Comments

Regulators want to make it easier for Americans to buy risky investments

Finance

Colin Anderson Productions pty ltdMore Americans may soon be able to buy into risky investments such as private equity funds, hedge funds and stock in start-up companies — and investors should be wary.The SEC this week proposed a rule that would loosen requirements around who can invest in so-called private securities, a move some experts fear exposes the savings of Main Street Americans to complex, opaque investments and more financial fraud.These investments are different than those with which many everyday Americans are well-versed, such as mutual funds or stock in companies like Apple that are bought and sold on a public stock exchange.Current rules require an investor to have at least $ 200,000 in annual income, a net worth exceeding $ 1 million (excluding the value of a home), or joi

Aug42019 by adminNo Comments

New state programs, like California’s, make it easier for workers to save for retirement

Finance

When 27-year-old Ramon Gonzales was looking for a new job eight months ago, having access to a retirement plan was high on his list of priorities.Now Gonzales, the floor supervisor for the production team at Red Bay Coffee, has that ability to save.That's thanks to CalSavers, California's automatic individual retirement account plan, which officially started in July.The program offers employees of small businesses and other companies that do not offer a retirement plan the opportunity to save through the state's new program. California now requires employers with five or more employees to either join CalSavers or begin offering their own retirement plan.That will give an estimated 7.5 million California workers a retirement savings plan option. About 55 million Americans nationwide do not ...