Banco Popular de Puerto Rico

My colleagues at Money Management Executive (my moles within the investment management industry) gave me a lead this week on a Denver Post report that finds young employee-investors, having watched their parents and grandparents suffer from recent market declines, are much more risk-averse than their age might suggest – an attitude that is affecting their retirement planning. …

Hello, DD followers. I know I didn't live up to the 'Daily' in our title last week, and for that I sincerely apologize. To say the last several weeks have been a challenge would be a huge understatement, but I'm ready to make good, and have what I think is a great peace offering — a first look at EBN's August podcasts! Not yet promoted on the rest of the site, in the magazine or…

Every so often I'll get an e-mail from former EBN Contributing Editor Richard Quinn, who recently launched his own blog, 'Quinn's Commentary.' His funny, incisive posts recently have taken aim at health care reform. One of the latest entries, 'Ear infections will bankrupt us,' is at once a humorous and sobering look at the current state of our nation's health care system, and where it could be headed under reform legislation. I highly recommend you click…

Exchange-traded funds are poised for steroid-like growth over the next several years. So if you haven't yet kicked the tires and checked under the hood of ETFs, you better hop to it because the rubber is meeting the road. The mutual fund industry will be a shadow of its former self in just five years time, if the findings of a study by Novarica pan out, according to my colleagues at Money Management Executive…

In my August EBN editorial, I voiced my growing pessimism about the chances for full health care reform this year. Although at presstime, there still was a small chance for passage of legislation before the August recess, we now know that Congress' self-imposed deadline has come and gone. …

Okay, I know the economy isn't exactly going like gangbusters, but there have been a few teeny glimmers of hope in recent weeks in stabilizing markets, rising home sales and moderating job losses. However, about half of us are still Negative Nellies, according to a recent survey from Stewart and Partners. …

Two costly cautionary tales that made recent headlines should send a chill up your spine and then running to double and triple check your wage and hour compliance. In one case, an Indiana trial court has awarded $42.4 million to current and former Indiana state employees who were required to work 40-hour workweeks from 1973 until 1993, even though other state employees holding the same positions were required only to work 37.5-hour workweeks for…

Proposed legislation by the House Committees on Education and Labor, Ways and Means, and Energy and Commerce known as America's Affordable Health Choices Act earned rave reviews from lawmakers in a news release announcing the measure, but was resoundingly panned by proponents of the employer-based system. The legislation, which includes both an employer and individual mandate to cover 97% of the population by 2019, doesn't fully address the root cause of why the nation's health…

You know the job market is tight when people are sending companies their resumes in baby shoes and pizza boxes. But those are just a couple of the kooky and creative ways job seekers are using to get your attention, according to news from Office Team. The firm receently asked pros like you to recount the most unusual thing they have seen or heard an applicant do to stand out from the crowd. Following…

As members of Congress pressure one another to discard ideas for reforming the nation's health care system, they also might want to seriously consider how to incorporate a recent success story into any final legislation. Roll Call Executive Editor Mort Kondracke suggested in a column that the 2003 Medicare prescription drug law could serve as a model for health care reform. 'Passed amid rancor and predictions of catastrophe, the law has proved to be an…