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Economy, Personal Finance

“Only 37% of American workers feel good about their retirement savings…”

“…That’s according to CNBC’s August 2024 Your Money retirement survey conducted with SurveyMonkey, which found that only 37% of non-retired Americans are either “on schedule” or “ahead of schedule” with their retirement investments. Considering that more than half of Americans say they’re… Continue Reading…

Economy

“72% of Americans worry Social Security will run out in their lifetimes. Here’s what experts say”

“Workers who pay into Social Security while they’re working should expect benefits from the program when they retire. Yet 72% of adults worry Social Security will run out of funding in their lifetimes, a new survey from Nationwide Retirement Institute finds. Meanwhile, 23% do… Continue Reading…

Business

“Flight attendant union rejects American Airlines’ proposed 17% pay raise”

“The labor union that represents American Airlines flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%. CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as contract talks continue without a deal, bringing the… Continue Reading…

Economy

“1 in 4 Americans fear losing their job this year — what’s causing it?”

“…The new survey of 2,000 employed adults examined how workers see themselves in their current roles, finding that many believe they’ll receive a pink slip sooner rather than later. Their concerns stem from distress about the job market (25%) and knowing… Continue Reading…

Business, Precious Metals

“Elliott takes $1 billion stake in Anglo American as miner faces takeover interest”

“…The activist’s U.K. arm, Elliott Advisors, in a regulatory filing Friday confirmed after publication that it had a 2.5% interest in Anglo American. The position, which consists of cash-settled derivatives, is worth around £891 million, or roughly $1.1 billion. Anglo… Continue Reading…

Business

“56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says”

“Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash from family or friends…” https://www.cnbc.com/2024/03/19/why-now-is-a-smart-time-to-build-emergency-savings.html

Economy

“American Debt Stings Like Never Before in New Era for Households”

“…Two years after the Federal Reserve began hiking interest rates to tame prices, delinquency rates on credit cards and auto loans are the highest in more than a decade. For the first time on record, interest payments on those and… Continue Reading…

Business, Economy

“Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z.”

“By outward appearances, the labor market today looks much as it did before the pandemic. The unemployment rate is just as low, the share of adults in the labor force is just as high, and wages are growing at roughly… Continue Reading…

Energy

“The American revolt against green energy [SCAMS] has begun”

“In a story filled with all the standard climate alarmist narratives, USA Today recently reported on the rising movement by local governments in the United States to refuse to permit unwanted wind and solar industrial sites in their jurisdictions. After setting the… Continue Reading…

Business

“Is American Journalism Headed Toward an ‘Extinction-Level Event’?”

“For a few hours last Tuesday, the entire news business seemed to be collapsing all at once. Journalists at Time magazine and National Geographic announced that they had been laid off. Unionized employees at magazines owned by Condé Nast staged a one-day strike to protest imminent… Continue Reading…