America is nearing the big 4-0. The Census Bureau said Thursday morning that the median age in the United States hit a record 38.9 last year. Median means that half of Americans are older than that, and half are younger. The number is going up rapidly. In 2000, the median age was 35;…
Signing up for Amazon Prime is as easy as 1-2-3. Canceling it, not so much. For years, up until this past April, the online retail giant made customers trying to quit its signature service navigate an odyssey through a labyrinthine system called the “Iliad Flow” named after the epically long…
Wall Street is expecting a third straight quarter of falling profits and the worst decrease since the pandemic in 2020, when second quarter earnings are reported in July, but that may be the bottom for this year. Wall Street expects per-share profit for S&P 500 index companies to fall 6.5%…
Americans think they’ll need $1.27 million to retire comfortably, but they plan to work longer to amass that nest egg. The new magic number for retirement is up slightly from last year, when U.S. adults said they believed they needed $1.25 million to retire comfortably, according to new findings from…
More than 7 million Baby Shark bath toys are being recalled after at least 12 kids were cut, impaled or punctured by the shark’s hard plastic fin. Toymaker Zuru announced the recall of its full-size Robo Alive Junior Baby Shark Sing & Swim and its Mini Baby Shark Swimming bath…
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The number of cost-burdened renters — or people who spend more than the recommended 30% of their income on housing each month — is at a record high as affordability declines nationwide, according to a report from Harvard University’s Joint Center for Housing Studies published Wednesday. In 2021, the report said, there…
Credit-card customers in Mississippi are living with the highest “debt burden” nationwide, according to a new report.That’s despite the fact that Mississippi has a relatively low “debt load” when compared to other states, said Ted Rossman, a senior industry analyst at CreditCards.com, which published the report Tuesday. The average bank…
A majority of Kroger Co. investors on Thursday approved a shareholder resolution calling for the supermarket giant to produce a report on racial and gender pay equity for its hundreds of thousands of employees. In the proposal, the filers noted that women and people of color were underrepresented in leadership…
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