News That Matters

Tag: needs

World Cup: Omar Gonzalez says USMNT needs 'direction'

World Cup: Omar Gonzalez says USMNT needs 'direction'

Sports
June 13 (UPI) -- Somewhere, trapped in Omar Gonzalez's mind is a 17th minute he won't soon forget. And neither will fans of the United States Men's National Team as they watch a pool of 32 countries clash for World Cup glory starting Thursday in Russia. A World Cup without the United States for the first time since 1986. A tournament without "One Nation, One Team" banners and "I believe that we will win" chants. Gonzalez can't shake the own goal he scored on Oct. 10. It was the first score in a last-gasp World Cup qualifying bout against Trinidad and Tobago, putting his team down in a game that needed to result in a draw for the USMNT to clinch a spot among the world's elite. The scoreboard at Ato Boldon Stadium flickered with a 2-1 loss before it went dark that night, like the USMNT's a...
The US economy needs seniors to work longer. Here's how to make that happen

The US economy needs seniors to work longer. Here's how to make that happen

Finance
These teachers work extra jobs to pay the bills When she retired from her job as a legal secretary for the federal government at age 62, Linda Spencer thought retirement would be a blast. Then the Great Recession blew a hole in her savings, and free time wasn't much fun without cash to travel and buy the nice clothes she'd gotten a taste for while working at Saks Fifth Avenue decades earlier. "I had nothing to do and I got bored and I needed money," says Spencer, 68, who laughs loudly and wears red lipstick. Jobs were scarce when she went out looking a couple of years ago, and so she found the federally-funded Senior Community Service Employment Program, which helps low-income seniors find employment in Northern Virginia. It pays minimum wage, or $ 7.25 an hour, for he...
National Trust needs to be 'radical'

National Trust needs to be 'radical'

Science
The National Trust needs to be more radical, the charity's new director-general has told the BBC.Hilary McGrady said the organisation needed to reach out to people living in towns and cities. In her first interview since getting the job, she said: "The people that need beauty the most, are the ones that have least access to it."Mrs McGrady is now at the helm of the largest charity in the UK, with a membership of more than five million. On the stony footpath up towards Scafell Pike, the highest mountain in England, she talks of her childhood growing up during the Troubles in Northern Ireland and being unable to enjoy the surrounding landscape because it was private land. She is now in charge of Britain's largest private landowner. The National Trust owns land equivalent in size to Dorset, ...
The 60/40 stock-bond weight rule needs to go on a crash diet

The 60/40 stock-bond weight rule needs to go on a crash diet

Finance
The classic 60/40 rule — an investor should put 60 percent of their portfolio in stocks and 40 percent in bonds — is popular for a reason: It has a good historical track record of delivering equity-like returns, while lessening the risk of serious annual portfolio drawdowns.Here are a few basic statistics that prove that point.Since 1928 — the first year data were available — a 60/40 portfolio of the S&P 500 and 10-Year Treasurys has delivered an average annual total return of 9 percent, or 78 percent of the total return for just the S&P 500 (11.5 percent). After inflation (using annual CPI) this translates to a 5.9 percent average total return for 60/40, or 70 percent of the average real returns for the S&P 500 (8.4 percent).More from Fixed Income Strategies:Where the bonds ar
4 money lessons every teenager needs to know

4 money lessons every teenager needs to know

Finance
How to talk to your kids about moneyIt's time to talk to your teenager about money. The teen years may be the first time kids start to earn their own money. And establishing good habits now can pay dividends well into their future. Plus, teaching kids to be smart about money will have benefits for parents too. "Clients that have been more transparent with their kids tend to have children that are smarter with money,' said Bill Van Sant, a certified financial planner and senior vice president at Univest Wealth Management. "Parents that may not be as transparent tend to have children that stay in the house a little longer." But it's hard to know where to start -- especially if parents don't have a solid grasp on their own finances. The first step is to avoid making money talks into lectu...