September 4, 2024
“Only 15% of Gen Z regularly puts a portion of their paycheck into a savings account, according to a recent Bank of America survey. And just 1 in 5 Gen Zers are contributing to a retirement account. The survey gathered 1,097… Continue Reading…
July 10, 2024
“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…
April 23, 2024
“Longtime mall retailer Express filed for Chapter 11 bankruptcy protection in Delaware federal court on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its… Continue Reading…
February 22, 2024
“…In fact, employees with student loan payments who earn $55,000 a year or more and have been at their company for five years or less have average 401(k) balances 36% lower than those without payments, the EBRI found…” https://www.cnbc.com/2024/02/19/americans-making-student-loan-payments-have-up-to-36-percent-less-in-401ks.html College… Continue Reading…
January 22, 2024
“…As the prospects for news publishers waned in the last decade, billionaires swooped in to buy some of the country’s most fabled brands. Jeff Bezos, the founder of Amazon, bought The Washington Post in 2013 for about $250 million. Dr. Patrick Soon-Shiong,… Continue Reading…
June 5, 2023
“Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel — Buy Buy Baby — may live to see another day… The interested parties include an unknown bidder, who would purchase… Continue Reading…
February 2, 2023
“The debt limit standoff between Republicans and Democrats has elevated questions about creative solutions for averting a crisis, including one that at first blush might seem unthinkable: Could minting a $1 trillion platinum coin make the whole problem go away? What was… Continue Reading…
September 26, 2022
“…According to a recent survey conducted by Bankrate, two out of five (40%) survey respondents said inflation will change the way they shop for the holidays this year. Recent results from the U.S. Bureau of Labor Statistics’ Consumer Price Index Summary also showed… Continue Reading…
September 13, 2022
“…The notable reduction in energy consumption after the Merge may allow some institutional investors to purchase ether (ETH) for the first time – those who were barred from buying tokens that run on blockchains that use the PoW consensus mechanism,… Continue Reading…
July 26, 2022
“…Generation Z workers — defined in the study as those ages 18 to 25 — are socking away, on average, 14% of income for their golden years, according to new research from BlackRock. That compares with 12% for their older counterparts:… Continue Reading…
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