AARP opposes Social Security process proposed in PROMISE Act

Key insight: New York named a commercial software product, conceded the flaw probably isn’t at the banks receiving the alert, and made their boards answerable for it anyway. Expert quote: “Playing possum won’t fly if there is a vendor issue brewing that is reasonably likely to impact the covered entity,” said Lisa Sotto, chair of…

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Former Yahoo! CEO Terry Semel’s unit in an exclusive Upper East Side co-op has traded for $45 million.  An entity tied to Semel, also previously the chairman and co-CEO of Warner Brothers, sold the seventh floor of 820 Fifth Avenue in an off-market deal, according to public records. The buyer is an anonymous trust, The…

Given that the conflict in Iran has been going on for well over five months at this point, advisors and investors are likely getting used to its economic impacts. Of course, one of the primary pressure points for the global economy has been how the Strait of Hormuz has affected gas prices.  These rising prices…

My husband and I spent our honeymoon in Costa Rica 22 years ago. It was our first international trip together, and while the stunning beaches, sloth sightings, and lava flowing down the side of a volcano left us awe-struck, we also appreciated seeing each other experience these new things together. As the years passed, we…