AP Top Financial News at 8:53 p.m. EDT
US consumers remain confident, but their feelings about the near future are a bit more cloudy
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
The bank CEO says the company looks for candidates who are “smart, ethical, decent people.”
Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom. Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million
The number probably isn't anywhere near what you think it is.
(Bloomberg) -- Investors looking for a unique way into the stock market’s artificial intelligence boom are finding an intriguing bank shot in what’s traditionally the most boring corner of the equities universe: utilities.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, S
Many Americans headed toward retirement don't have the funds. It could contribute to the peak boomer crisis.
Walmart's CEO went from earning $6.50 an hour to $25 million a year—here are his three tips for climbing the corporate ladder like him
Are you giving up too much of your money to the tax man?
The subsidiary of Chinese e-commerce giant PDD is already the most popular shopping app in the U.S. on both Android and Apple devices.
Companies that understand the advantages that boomers provide will have a leg up in building more effective teams.