Parents with three or more children could face a seven-figure bill for school by the time all the kids walk across the stage. If you are in this situation, you have options beyond hoping one or more of your kids is a star athlete or full-ride genius. The average expense of sending a child to college has been rising at double the rate of inflation for more than a decade. Vanguard estimates that in 18 years a four-year degree at a private college could cost nearly $500,000. (See table below.)

After the breakdown of health-care reform, both President Donald Trump and the Republican Congress need a ‘w’ – otherwise known as a win. From 1950 to 2000, growth averaged 3.5 percent a year. During the Obama recovery –and frankly going back to the year 2000 – growth has hovered at around only 2 percent per year. While health-care reform simmers on the back burner, the president should go right to business tax reform. Separate it from the broader and far more complex and controversial issues re

For the first time since he entered the White House, the world will get a glimpse of how President Donald Trump really deals with the sticky issues of trade when he meets Chinese President Xi Jinping. Making American trade fair was a cornerstone of Trump’s presidential campaign, but so far, it’s been an intangible for markets. If President Trump’s already made up his mind that he’s going to hit China with big tariffs, the market wants to know that now,” said Paul Christopher, Wells Fargo Investm

Gary Cohn received at least $40 million in income from Goldman Sachs-related dividends, interest, salary and bonuses, about half of which was in some form of stock compensation. The revelations about Cohn were part of a massive White House release of financial disclosure forms for more than 100 of its top administration officials. He reported a $1.85 million salary from the firm last year, along with a $5.8 million cash bonus in 2015. Cohn is one of the wealthiest members of the Trump administra

The Islamic State has lost nearly two-thirds of the land it once controlled, leveling a major blow to several critical funding streams including oil and gas revenue, taxation and extortion. But a new report from the nonpartisan research institute, based on a review of nearly 200 sources, shows IS fortunes dwindling. The setbacks come after coalition forces backed by U.S. airstrikes and advisors took back Fallujah, Iraq, and wrested control of much of the IS stronghold in Mosul, also in Iraq. The

With money pooled in U.S. stocks beginning to dry up, cash is flowing to Europe. All of those gains come at a time when the U.S. market has been sluggish following the Trump rally. The Nasdaq tech barometer was the sole index to post a solid gain for the month, up about 2.1 percent. Zaccarelli said a focus this year on Europe and emerging market exposure “has been a good call” with respective gains of 7 percent and 12.5 percent for client portfolios. There’s also less worry about a potentially e

Barnum has nothing on Elon Musk, whose every word and tweet are met with excitement by millions around the world. Musk was also busy raising the bar in rocketry this week: For the first time in history SpaceX was able to re-use a rocket in a successful launch. Musk is even an inspiration in the low-tech industries on our Upstart 25 list. The founders of DroneDeploy noted, “We’re three South African co-founders trying to bring a completely new technology to the world. But founders and CEOs of Ups

The revelations about Jared Kushner and Ivanka Trump were part of a massive White House release of financial disclosure forms Friday night for dozens of its top administration officials. Kushner, Trump’s senior adviser, resigned from some 260 entities and sold off 58 businesses or investments that lawyers identified as posing potential conflicts of interest, the documents show. Jared Kushner, Ivanka Trump and their three minor children have no financial interest in that trust, his lawyer said. T

White House chief strategist Steve Bannon disclosed at least $1.3 million in income last year, largely from a consulting firm and entities backed by the billionaire Mercer family, according to financial disclosures released late Friday. Bannon, who helped to bring a fiery economic populism to President Donald Trump’s White House, reported as much as $2.3 million in income. He also disclosed between $13 million and $56 million in assets. The report is among the roughly 180 employee financial disc

Personal income rose 0.4 percent in February, in line with expectations, while consumer spending rose 0.1 percent, below an expected increase of 0.2 percent. The PCE price index — an indicator of inflation — rose 2.1 percent year over year, while core PCE increased 1.8 percent from last year. “As the Fed loves the PCE instead of the CPI, the nearing of their 2% core inflation rate coincides with their determination of hiking at least 3 times this year. Consumer sentiment hit 96.9 versus an expec

The pan-European Euro Stoxx 600 closed up 0.18 percent, recording a 5.5 percent increase for the quarter. Travel & Leisure and Retail were among the best performers, up 1.44 percent and 0.77 percent respectively. The FTSE 100 fell 0.63 percent, the German DAX rose 0.46 percent and the French CAC was up 0.65 percent. Old Mutual was among the worst performers as a result of its high exposure to trade in South Africa. Elsewehere, Secretary of State Rex Tillerson renewed pressure on the U.S.’s NATO

The Dow Jones industrial average fell about 65 points, with Goldman Sachs and Exxon Mobil contributing the most losses. The three major U.S. indexes posted quarterly gains of at least 4.6 percent. The Nasdaq also recorded its best quarterly performance since 2013 as tech stocks rose more than 12 percent in the period. Stephen Wood, chief market strategist at Russell Investments, said investors will need to be mindful of the high valuations in stocks moving forward. “Short-term momentum and senti

TipRanks, a service that ranks Wall Street, identified the best analysts covering the commodities industry and found which stocks they like right now. We use a natural language processing algorithm to rank analysts based on two factors:Average return of buy-sell recommendations. Success rate of buy-sell recommendations. Here are five favorite stocks from the best-performing basic materials analysts:

Investors should buy McDonald’s shares as the restaurant chain’s use of higher quality fresh ingredients will drive revenue higher next year, according to Credit Suisse, which reiterated its outperform rating on the company. The fast-food giant revealed it will use fresh beef instead of frozen patties for its Quarter Pounder burgers in 2018 at most of its U.S. locations. “We believe this move could be positive for US SSS [same-store sales] trends from both a direct lift to QP sales and a general

I suspect his parents owned the naming rights since no kid that age knew who Mrs. Robinson was or cared about troubled waters. Unlike their namesakes, the gerbils were not exactly skilled musicians, but man could they get that exercise wheel turning. Health care, seemingly more hated than my Duke Blue Devils, was the second best performing sector in the quarter. Fortunately for Garfunkel — or was it Simon, he — or was it a she — it was a quick demise and, I swear, accidental. And there it is, th

Judge tells Uber’s key witness to testify or face an injunction Friday, 31 Mar 2017 | 10:29 AM ET | 00:46The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by Reuters. Waymo said Uber benefited from those documents. Waymo is seeking a preliminary injunction from the court, which would temporarily stop Uber

From April 2, Etihad Airways said first and business class passengers will have free Wi-Fi and iPads on all U.S.-bound flights from Abu Dhabi. Premium class guests to the U.S. will get free Wi-Fi too. Qatar Airways on Thursday announced plans to offer laptops on loan for all its U.S. flights. The complimentary laptops will be available to business class passengers from next week. The U.K. has put similar restrictions to the U.S. in place, but the UAE and Qatar are not on the list of affected des

U.S. private-equity firm Silver Lake Partners and U.S. chipmaker Broadcom have offered Toshiba about 2 trillion yen ($17.9 billion) for its chip unit, the Nikkei business daily reported on Friday. Suitors include Western Digital, which operates a chip plant with Toshiba in Japan, Micron Technology, South Korean chipmaker SK Hynix, and financial investors. Toshiba wants to make at least 1 trillion yen from the sale of part or all of the business to cover writedowns at its Westinghouse nuclear uni

Citi Research lowered its rating on Corning to neutral from buy, saying the glass and specialty materials maker is fully valued after a significant increase in its share price. The company’s Gorilla glass product is used in Apple iPhone displays. Corning shares are up 32 percent in the last 12 months through Thursday. “Investors are keenly focused on the iPhone 8 ‘supercycle’ as it pertains to Corning but we believe this is well reflected in estimates,” analyst Stanley Kovler wrote in a note to

A federal judge on Thursday dismissed a lawsuit by taxi owners and lenders accusing New York City and its Taxi and Limousine Commission of jeopardizing their survival by imposing burdensome regulations and letting the Uber ride-sharing service take passengers away. That has left lenders facing greater delinquencies from drivers who owe more than their medallions are worth, even as they risk losing additional market share. Among the plaintiffs were the Melrose, Progressive and Lomto Federal credi