SAN FRANCISCO (KRON) – On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon talk about how parents overspend on their kids.
Tesla Motors made an offer Tuesday to buy solar energy provider SolarCity in a $2.79-billion deal that would consolidate billionaire entrepreneur Elon Musk’s energy-related businesses.
The International Monetary Fund is downgrading its forecast for the U.S. economy this year and says America should raise the minimum wage to help the poor and offer paid maternity leave to encourage more women to work. In its annual checkup of the U.S. economy, the IMF predicts 2.2 percent growth this year, down from 2.4 per cent in 2015, and lower than the 2.4 per cent growth it forecast in April for this year.
Parents work hard to provide for their families – maybe harder than they need to. That’s because they’re probably overspending on their kids. Parenting has become a competitive sport. We now think saying “no” to a particular expense means saying “no” to sports, health, education or safety. And that’s just not the case.
Rob Black answers Jennifer’s question: Is my retirement portfolio at risk of Brexit?