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Cambridge hedge fund manager used millions of investors money in Ponzi-like scheme to pay for extravagant lifestyle

 A Massachusetts hedge fund manager has been arrested and accused of misappropriating millions of dollars from investors and engaging in a Ponzi-like scheme, authorities said. Yasuna Murakami, who managed Cambridge-based MC2 Capital Management LLC, was arrested in Vermont on Saturday and...

Monday, May 22, 2017 - 12:31pm

Smokers pay up to $2.3M over a lifetime: Report

Smokers who want to kick their dirty little habit in the new year might find an incentive in a study released Tuesday that reveals just how much they're paying per pack.Personal finance siteWalletHub crunched the numbers across the country, and found pack-a-day smokers can pay up to $2.3 million...

Tuesday, January 17, 2017 - 2:24pm

Which colleges have the highest paid graduates?

College is a big investment, so why not be sure it will pay off?Whether you blameit on networking, privilegeor opportunity, students at some colleges just end up making more than others— a lot more in some cases.In the top spot of the Department of Education's recent rankings was Louisiana State...

Tuesday, January 10, 2017 - 6:44pm

Just 1 in 5 city baby boomers and Gen Xers have retirement plans: Survey

For city baby boomers and Generation Xers, the old adage “saving for a rainy day” has not stood the test of time, a new survey from AARP New York and Siena College has discovered.“We wanted to understand how boomers and Gen Xers were approaching and how prepared they are for retirement,” AARP New...

Friday, October 21, 2016 - 2:30pm

Apple Pay and Masterpass added to MTA eTix: Cuomo

Beginning Wednesday morning, you won’t have to worry so much about “what’s in your wallet” before you hop on Metro-North Railroad and Long Island Rail Road. Gov. Andrew Cuomo’s office announced on Tuesday the addition of Apple Pay and Masterpass digital wallet technology to MTA eTix, the mobile...

Wednesday, October 5, 2016 - 3:51am