401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why
Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets such as stocks during that…
Congress passes $886 billion defense policy bill, Biden to sign into law
More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that…
European Union leaders agree to open membership talks with Ukraine
Ukraine has moved one step closer to European Union membership after leaders in Brussels agreed to open negotiations with the…
Bull on the tracks delays trains in New York, New Jersey
It really is a bull market out there. A wayward bull that somehow got loose on New Jersey train tracks…
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…
European Central Bank holds rates and trims its inflation forecast
The European Central Bank on Thursday held interest rates steady for the second meeting in a row, as it revised…
Retail sales rose 0.3% in November vs. expectations for a decline
Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued…
