These Americans are terrified about the future — and they vote
Medicare and Social Security could be the keys to the presidential election
‘I’m divorcing after a lot of heartache’: Should I suggest my husband keep his $200,000 401(k), so I can take our $360,000 house?
“My early career 401(k)s were used as house down payments.”
‘My husband and I have 8 kids’: We have $200,000 in a high-yield savings account at 3.75%. Are we beating inflation?
“We rely solely on his income to support our family and we have eight kids, so I have aimed high for our emergency fund.”
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
A shopper walks past the American sportswear fashion brand Champion store in Hong Kong. Budrul Chukrut | Getty Images Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including a contingent cash consideration, the company announced on Wednesday. The deal has the potential to reach […]
Virgin Galactic completes final Unity flight, sets sights on new Delta spacecraft
Virgin Galactic Holdings Inc. successfully completed the final commercial flight of the space tourism company’s Unity spacecraft Saturday, marking an important milestone for the firm.
Oscar Health CEO Mark Bertolini set to take on employer market
Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company’s next phase of growth and profitability will focus on tapping into the employer market. That effort will include “going after the 71 million lives that are in small group […]
Mortgage rates at 3% were an ‘anomaly.’ Here’s what a normal 30-year rate looks like.
Home buyers are frustrated by 7% mortgage rates. One economist suggests that they’ll need to get used to them.
Child care crisis costs U.S. businesses
Vadym Buinov | Moment | Getty Images The Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with their jobs. While employment in the child care sector has made a […]
GM EVs at Costco Auto help drive electric vehicle sales
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale. The Detroit automaker said it’s increasingly using the retail giant’s Costco Auto Program […]
Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback
U.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam by the end of May, strategists at BofA Global Research said Friday.
