Latest in Citi’s Jane Fraser sees some struggle while others thrive in ‘K shaped’ consumer economy
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IRS announces 401(k) catch-up contributions for 2025
The IRS has announced the 401(k) catch-up contribution limits for 2025. Here’s what investors need to know.Business - CNBC - November 1 -
Older Workers to Get ‘Super’ 401(k) Catch-Up Contributions in 2025
Workers who are 60 to 63 will be able to put in up to $11,250 in extra contributions, if they can afford it.Business - The New York Times - 5 days ago -
Why do workers still yearn for a traditional pension over a 401(k)?
A closer look at the Boeing negotiationsBusiness - MarketWatch - Yesterday -
Trump Doesn’t Care Enough About K-12 Education to Break It
Is the best we can hope for the failing status quo?Top stories - The New York Times - 12 hours ago -
These stocks thrived during high inflation — and they share one thing in common
Strategists Jason DeSena Trennert and Ryan Grabinski, of the institutional brokerage Strategas, point out that 117 of the S&P 500 companies have a lower credit-default swap spread than the United ...Business - MarketWatch - October 15 -
The 80-Year-Old Basketball Hall of Famer Thriving on the Pickleball Court
“I’m out there for one reason and one reason only: I’m out there to win,” Rick Barry said.Sports - The New York Times - October 17 -
Whether you vote for Harris or Trump, it’s a sure bet the stock market will thrive
Inflation could be a problem, but real growth and profits should be robust.Business - MarketWatch - October 19 -
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Call Of Duty: Black Ops 6 Tips For Surviving (And Thriving) In Multiplayer
A new year of Call of Duty is here. Black Ops 6 launches with 16 brand-new multiplayer maps, 33 weapons to unlock and level up, and Treyarch's new omnimovement system. If you're a new or ...Tech - GameSpot - October 25 -
Nvidia Takes Intel’s Spot on Dow Index as AI Thrives
The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.Business - Inc. - November 4 -
Giant spiders that can grow to size of human hand thriving in the UK
Collaboration between RSPB and Chester zoo leads to best mating season on record for the semi-aquatic fen raft spider. Thousands of giant spiders that can grow to the size of a human hand are ...World - The Guardian - November 5 -
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.Business - CNBC - October 15 -
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.Top stories - NBC News - October 15 -
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.Business - CNBC - October 15 -
Consumer Fears of Credit Card Delinquency Rise
A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.Business - Inc. - October 16 -
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.Business - Inc. - October 18 -
Consumer watchdog cautions companies against snooping on workers
Surveillance tech has expanded abilities of firms to track employees, often without their consent, fed agency says.Top stories - CBS News - October 24 -
UK consumer and business confidence weaken ahead of Budget
Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30Business - Financial Times - October 24 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Consumers are anxious ahead of the election. Corporate America is feeling it
Like it or not, there’s an election on Tuesday. Voters are stressed. And to at least a small degree, so are corporations.Business - MarketWatch - November 3 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
The thought of a Trump presidency is eating me alive | Francine Prose
I look the way people do outside the intensive care unit, as they wait to learn whether a friend will survive. Our friend, in this case, is democracy. US election 2024 – live news updates US ...World - The Guardian - November 6 -
This was an election on the US economy. And for many Americans, the economy sucks
‘Strong’ for whom?World - Financial Times - 5 days ago -
Intel, AMD Create Advisory Group to Shape Future of X86 Architecture
The two companies and other technology giants will work together to shape the future of the x86 chip as the landscape transitions to dynamic artificial-intelligence workloads.Tech - The Wall Street Journal - October 15