Larry Cooper is a leader of Colorado Right To Know, an advocacy group that's pushing for a statewide GMO labeling ballot initiative. The group's finances are currently lagging behind the issue committee opposed to mandated labels, the No On 105 Coalition.
Credit Luke Runyon / KUNC and Harvest Public Media
In just a two week period, the amount of money flowing into Colorado’s battle over whether or not to label foods that contain genetically modified ingredients, colloquially known as GMOs, has reached staggering amounts. Voters will decide Proposition 105 in November.
More Americans are saving for retirement through their employers' 401(k) programs. That's because in recent years they've been given a strong nudge — more companies are automatically enrolling workers in retirement savings programs.
Some firms are also automatically increasing the amount employees contribute. That's just as important, experts say.
And all of this makes a big difference: Without it, millions of Americans don't save at all.
Saving for retirement is a challenge facing most Americans. Research shows the challenge is made harder by our basic human impulses. We know we should be saving. But we don't. We consistently make bad financial decisions.
One thing that leads us astray is what behavioral economists call "loss aversion." In other words, we hate losing. And that gets in the way of us winning — if winning is making smart financial decisions.
It's a truism in the financial industry that women need to get more out of their money than men since they live longer and make less, especially if they take time out to care for children or aging parents. But it's also a given that they lack confidence when it comes to investing, something that's clear on a recent evening at the Women's Center in Vienna, Va.
Back in 2012, reporter Kevin Roose went undercover at a very exclusive party.
It was a dinner for a secret society, held once a year, at the St. Regis hotel in New York City. The secret society is called Kappa Beta Phi, and it's made up of current and former Wall Street executives — people like Michael Bloomberg, former heads of Lehman Brothers, Bear Stearns, Goldman Sachs. And every year the group holds a dinner to induct new people into the group — they're called neophytes.