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American workers’ expectations for a comfortable retirement hit the lowest level in 11 years, Gallup says
American workers’ expectations that they will live comfortably in retirement fell to the lowest level in 11 years amid high inflation and fears of a recession, according to the latest Gallup survey. Just 43% of non-retired Americans’ think they will live comfortably in retirement, the most pessimistic rate since 2012.…
Before Tina Turner died at 83, she gave us these 5 retirement lessons
Tina Turner was a rock star — even in retirement. The music legend died this week at her home in Küsnacht, Switzerland, at age 83. Read: Tina Turner, unstoppable superstar whose hits included ‘What’s Love Got to Do With It,’ dead at 83 The former performer retired in 2009 and…
Gen Z wins retirement saving as overall balances rise and 401(k) loans drop
Despite fears of a potential recession, stubborn inflation and interest-rate hikes, Americans socked away more money for their retirement in the first quarter, especially the youngest workers, Generation Z, according to Fidelity Investment’s first-quarter analysis. In a review of 44.5 million retirement accounts, Fidelity found that account balances are up…
Nasdaq posts biggest gain in 3 weeks as Nvidia boosts tech, Dow extends losses to 5th day
U.S. stocks closed mostly higher on Thursday, with Nvidia Corp. earning helping lift the Nasdaq to its best day in three weeks. Losses for the Dow continued into a fifth-straight session though as U.S. debt-ceiling talks dragged on in Congress. Price action The Dow DJIA, -0.11% fell 35.27 points, or…
ACCD Stock Price | Accolade Inc. Stock Quote (U.S.: Nasdaq)
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Trans designer speaks out after Target pulls products: ‘I’ve had a lot of death threats’
A U.K.-based designer targeted in the intense anti-LGBTQ backlash against the sale of Pride products at Target says he has received a deluge of threats and hateful comments — alongside an “unprecedented number of orders” from supportive customers. Erik Carnell owns Abprallen, a brand that provides art and accessories for…
Microsoft president supports call for new agency to regulate AI
Microsoft Corp. President Brad Smith believes establishing a new federal agency to oversee the development of artificial intelligence is the “most sensible” course. Smith backed calls to regulate the fast-developing technology in response to a question following a speech in Washington, D.C., on Thursday, echoing comments from OpenAI Chief Executive Sam…
As DeSantis officially launches his presidential campaign, Trump has a big lead in the polls
The game is afoot, as Florida Gov. Ron DeSantis officially kicked off his White House bid on Wednesday — and immediately drew jeers from former President Donald Trump and other Republican rivals for his glitch-filled launch on Twitter. See: Ron DeSantis campaign announcement in Twitter Spaces session with Elon Musk…
Three years after George Floyd’s death, there’s been a lot of promises but ‘not much substance’ on racial equality, nonprofit CEO says
Three years after George Floyd was murdered by a Minneapolis police officer — a May 2020 killing captured in a shocking viral cellphone video that spurred racial-justice uprisings nationwide — there have been “a lot of pledges” for reform, but “not much substance,” said Gary Cunningham, the outgoing president and…