The labor market has been booming for years, but the speedy recovery from the depth of the pandemic-induced recession has been uneven. Even as aggressive fiscal policy interventions helped state and local government employment recover much more quickly than after the Great Recession, it still took state and local government employment longer than private sector
As he has often done in the past, Blackrock Chair/CEO Larry Fink offers a provocative new iteration of stakeholder capitalism in his annual letter to investors. This time, it’s about rethinking the retirement age. In a subtle shift away from his multi-year focus on environmental, social and governance (ESG) themes, Fink seeks to draw broad-based
Genesis Neolun Concept Genesis NEW YORK – Hyundai’s Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun. The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand’s current EVs, though more modern. The interior
In this article @CC.1 Follow your favorite stocksCREATE FREE ACCOUNT Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images Cocoa reached hit a record Tuesday as supply constraints fuel prices higher. Futures for May
BlackRock CEO Larry Fink. Taylor Hill | Getty Images Entertainment | Getty Images BlackRock Chair Larry Fink said capital markets can help solve a crisis brewing around the ability of Americans to afford retirement as lifespans elongate, and that the government can provide a basic safety net. In his annual letter to shareholders of the
A woman votes at the Royal Missionary Baptist Church polling location in North Charleston, South Carolina, on February 3, 2024, during the democratic primary. Jim Watson | AFP | Getty Images Almost half of all voters, or 48%, say canceling student loan debt is an important issue to them in the 2024 presidential and congressional
A friend, new to Medicare, asked me whether Medicare covered annual physicals. I told him, “No, it doesn’t.” The Social Security act clearly prohibits Medicare from paying for annual physical examinations. A week later, he told me I was wrong. He found proof that Medicare does indeed cover these examinations. “Physical exams, right there, on
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Nelson Peltz’s Trian Fund Management withheld its votes from
Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images Slowly but surely, recessionary talk is dying down and confidence in the Federal Reserve is picking up. Last week, the central bank held its benchmark
In this article AMGN Follow your favorite stocksCREATE FREE ACCOUNT The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Images Amgen is taking a new approach as it tries to stand out in a crowded field of drugmakers racing to develop the next blockbuster
ADDIS ABABA, Ethiopia – Dec. 7, 2023: A branch of the Commercial Bank of Ethiopia in Addis Ababa. Bloomberg | Bloomberg | Getty Images Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw unlimited funds, according to local media reports. More than $40 million
The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images The Mega Millions jackpot soared to an estimated $1.1 billion without a ticket matching all six balls on Friday night. It’s smaller than last year’s record $1.6 billion grand prize, but the victor could still face
Filippobacci | E+ | Getty Images If your home boasts certain trendy outdoor features, you may be able to sell it for more in today’s market. At the top of the list is outdoor TVs, which may help raise the home sale price to 3.1% more than expected, representing a $10,749 boost based on the
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end
The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the global
Martinprescott | E+ | Getty Images Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. That was the warning from Democratic lawmakers, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., in a recent letter to the Biden administration. “When borrowers are in collections,
In this article BCSF Follow your favorite stocksCREATE FREE ACCOUNT An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty Images The total value of private equity deals in Asia Pacific last year fell to
In this article BAC ENB-CA PEP ENB BAC Follow your favorite stocksCREATE FREE ACCOUNT Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images Even as the major averages have recently hit fresh
Maria Korneeva | Moment | Getty Images The Biden administration has set a key deadline for student loan borrowers hoping to get forgiveness. Those with multiple federal student loans who request a consolidation by April 30 — which will leave them with one, larger loan — could benefit from the U.S. Department of Education’s overhaul
I was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are 20 and 18 😊), my wife and I had just come home from the hospital following emergency surgery resulting from latent labor complications. We had a plan worked out for