Americans’ contributions to their 401(k) savings accounts hit record highs in 2025, according to a new report from Vanguard. Among employees with active 401(k) accounts in both December 2024 and December 2025, median account balances increased by 27%, according to the report, titled How America Saves 2026. Of those same participants,…
As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing to claim their benefits early out of fear that the program will run dry. However, personal finance expert Suze Orman warns that following this viral advice will lock retirees into…
Rachel Cruze is warning young adults — especially young men — that chasing “quick” money through sports betting, cryptocurrency and risky real estate moves could put their financial futures at risk. Cruze, a financial coach, best-selling author and co-host of “The Ramsey Show,” told FOX Business the mistake she sees…
Some Americans may think saving $1,000 in just a matter of months is out of reach, but personal finance expert Jade Warshaw says they may be making it harder than it needs to be. The co-host of “The Ramsey Show” told FOX Business that many Americans can stash away $1,000…
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Amazon said it is cooperating with authorities after a cargo plane operating on behalf of Amazon Air crashed while attempting…
Campbell’s said it has cut 13% of its salaried workforce and closed two snack plants in an effort to improve…
Apple CEO Tim Cook is stepping down from his role at the helm of one of the world’s largest tech…
Disney is moving forward with a program allowing longtime employees in certain roles the opportunity to accept an early retirement…
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School districts across the country continue to struggle to recruit and retain enough school bus drivers, forcing them to compete with other employers for a limited pool of qualified workers despite higher wages. School bus driver employment remained 9.5% below 2019 levels in August 2025,…
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Uber is cutting roughly 10% of its workforce, or about 3,300 jobs, in an effort to streamline operations, the company announced on Wednesday. The ride-hailing giant’s CEO, Dara Khosrowshahi, said in a memo to employees that the company is removing management layers, simplifying teams and refining where its teams are…
Yields on U.S. Treasurys hovered near multi-year highs on Wednesday, as the global bond market experienced a selloff amid concerns over energy prices keeping inflation elevated as well as government debt burdens. The yield on the benchmark 10-year Treasury note was around 4.8% in the early afternoon on Wednesday, slightly…
Companies in the private sector added 38,000 jobs in August, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 48,000 jobs and down from the prior month’s revised 46,000 payrolls. August’s figure is the lowest since January.”Pay can…
A weight loss supplement has been recalled over two undeclared ingredients, including a toxic substance commonly used as a pesticide and herbicide. Florida-based Ana Salazar Modela Tu Cuerpo Inc. issued a nationwide recall for Lipofit Extreme Fat Burner 2.0. Affected products have a lot number of 25M12F and an expiration…
Apple CEO John Ternus marked his first day in the top job at the tech giant on Tuesday, with the company embarking on a new era after former CEO Tim Cook stepped down from the role after 15 years. Cook, who will remain with Apple as the company’s executive chairman,…
Lowe’s announced a new partnership on Tuesday with dozens of companies that aims to address America’s shortage of skilled workers by helping to train and develop 1 million tradespeople over the next decade. The Lowe’s Foundation is partnering with Nvidia, General Motors, AT&T, Bank of America and more through the…
Bessent calls on global financial leaders to refocus on driving ‘stronger and more durable growth’
ASHEVILLE, N.C. – Treasury Secretary Scott Bessent delivered a firm call to action to global financial leaders in his opening remarks at the G20 Finance Track meetings on Monday, urging the group to refocus on driving “stronger and more durable growth” by dismantling government-imposed economic barriers. Speaking at the gathering…
A fuel supplier is suing a New Jersey distributor and its president, alleging they failed to pay for gasoline that was later sold through stations in the Trump-promoted Freedom Fuel Network. Mansfield Oil Company filed the lawsuit against KRSM Inc. and its president, Syed Kazmi, on Aug. 19 in the…
Beach towns in Delaware are attracting a growing number of retirees as the region emerges as an alternative destination to more prominent locations like Arizona and Florida, and it’s straining local resources. A new report by Bloomberg notes retirees are flocking to Sussex County in southern Delaware, which has seen…
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank’s forward guidance should be reined in. Warsh emphasized that the Fed is focused…