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John B. Rhea to Head New York City Housing Authority Former Lehman Brothers executive John B. Rhea, 43, will take over as chairman of the New York City Housing Authority...

5 Common Money Mistakes

When Zaneilia A. Harris landed her first job out of college as auditor with the federal government in 1993, she earned an annual salary of $25,000—“more money than some of my family members had ever seen.” So when relatives asked to borrow money, she felt obligated to help out.

The Best Places to Stash Your Cash

Financial advisers constantly recommend this basic principle of fiscal management: Maintain an emergency cash fund of between three and six (or more) months of living expenses. But what’s the safest way to store the money, keep it at your disposal, and still earn some interest on it?

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