November 4, 2022
“Around 55% of Americans say they’re behind on saving for retirement, a recent Bankrate survey found… But many Americans aren’t meeting those milestones. Those between 25 and 34 have median 401(k) balances of just over $14,000, per a report by investment firm Vanguard.… Continue Reading…
November 4, 2022
“Twilio shares fell about 34% on Friday morning, a day after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook. Here’s how the company did: With respect to guidance, Twilio is calling for a fourth-quarter adjusted net loss… Continue Reading…
November 3, 2022
“Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday… Collison acknowledged that the company’s leadership made “two very consequential mistakes” by misjudging how much the internet economy would grow… Continue Reading…
November 1, 2022
“However, a recent Goldman Sachs’ Retirement Survey & Insights Report found that 34% of Millennial respondents report feeling like they’re behind on their retirement savings. The findings are based on responses from 1,566 individuals who responded between July and August 2022. The… Continue Reading…
November 1, 2022
“…Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic high of 60% two years ago, according to new estimates from the Tax Policy Center. In 2021, nearly 56% of… Continue Reading…
October 24, 2022
“As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year ago, the number of adults who felt strained was closer to 57%. “Consumers are… Continue Reading…
October 24, 2022
“The ongoing spread of bird flu will likely affect the price and availability of turkeys this Thanksgiving. Right now the price per pound of an 8 to 16 pound turkey is $1.99, up from $1.15 last year, according to USDA data. This is a 73% increase…… Continue Reading…
October 19, 2022
“…As inflation pressures continue, two-thirds of working adults said they are worse off financially than they were a year ago, according to a recent report by Salary Finance. To make ends meet, many are dipping into their cash reserves or going into debt.… Continue Reading…
October 18, 2022
“Workers are pushing for greater pay transparency, whether employers like it or not. Such conversations around income expectations used to be “the elephant in the room,” said Vicki Salemi, career expert at Monster.com. Now, 33% of job seekers said they… Continue Reading…
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