Chris Farrell
Contributor at Freelance
Senior economics contributor at Marketplace, economics commentator at MPR, columnist and author.
Articles
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3 weeks ago |
startribune.com | Chris Farrell
The cryptocurrency industry's concerted lobbying effort to leave the financial fringes and enter the money mainstream is working. For instance, Vice President JD Vance cheered the growth of cryptocurrencies. "We want our fellow Americans to know that crypto and digital assets, and particularly bitcoin, are part of the mainstream economy and are here to stay," he said at a Bitcoin conference in Las Vegas on May 28.
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3 weeks ago |
nextavenue.org | Chris Farrell
What you can do if you are approaching retirement with a lot of debt and little savingsEditor’s note: This is part 9 of a 12-part collaborative series between Next Avenue and Marketplace Morning Report. With a few exceptions aimed at the well-heeled, professional financial planners recommend retiring with no debt. Simply put, the burden of meeting ongoing debt payments in retirement hikes financial insecurity. Yet the share of households over age 65 with debt is up sharply since the late 1980s.
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4 weeks ago |
startribune.com | Chris Farrell
By Chris Farrell Of course, the cost of college matters. Students and their parents need to be financially smart and wary of borrowing too much to pay for a degree. On that front, they may need to make some tough choices about where to go based on keeping the costs reasonable. That includes whether to go for a four-year degree.
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1 month ago |
nextavenue.org | Chris Farrell
Editor’s note: This is part 8 of a 12-part collaborative series between Next Avenue and Marketplace Morning Report. For many people, there comes a moment in their late 40s to early 60s when they realize they're financially unprepared for retirement. They haven't saved much and they're carrying too much debt. Tackling debt, especially credit card debt, becomes a priority. (A former boss of mine liked to quip that the definition of personal finance is getting out of credit card debt.
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1 month ago |
startribune.com | Chris Farrell
Anyone even remotely involved in the financial markets knew an era had come to an end when legendary investor Warren Buffett, age 94, said he'll retire from Berkshire Hathaway at the end of the year. The announcement wasn't entirely unexpected, considering he had been CEO of the company for six decades. The news ignited an outpouring of appreciation. For one thing, his investment record is mind-boggling.
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Plan ahead to avoid financial, health care mistakes later in life https://t.co/GHtrZ2QFBI Older Americans risk making financial and health care mistakes as they age, even as growing numbers are living longer, healthier lives. Planning ahead is more important than ever.
No place for cryptocurrency in tax-sheltered retirement savings plans https://t.co/QjFMKN3sfp Don’t fall for the siren song of cryptocurrencies in retirement portfolios. Crypto is a volatile asset with no legitimate economic purpose.
What’s next for remote and hybrid work? https://t.co/F5p3eCpNgd A compelling discussion on remote and hybrid work—and the push by management and governments to bring office workers back full-time—on the Angela Davis program. A complicated story.