OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society. The ChatGPT-maker confidentially submitted an S-1 filing with the Securities and Exchange Commission in June to begin the…
Americans’ 401(k) balances reached a record high in the second quarter of 2026, new data shows. The average 401(k) balance climbed to a record $155,800 in the second quarter of 2026, up 10.5% from the previous quarter and 13.1% from a year earlier, according to Fidelity Investments’ Q2 2026 Building…
Ford announced Thursday that it’s planning to expand its manufacturing presence in Kentucky with a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant. The investment will allow for the construction of a new paint shop, which will replace its existing paint shop and further…
Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of…
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The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year,…
For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just…
Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax…
As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs)…
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A strong credit score can be the key to major financial purchases and affordable loans, but some states saw notable declines that created a “perfect storm” for Americans’ wallets, according to a credit repair expert. On Thursday, WalletHub released its list of the states with…
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American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies. The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage areas in key ranching regions, which forced…
A new report by LinkedIn ranked the top 50 colleges in the U.S. based on how they prepare students for long-term success in their careers, using a range of factors that leverage the career networking platform’s data. The report uses LinkedIn data to rank colleges based on five categories: job…
CADIZ, Ky. – The U.S. soybean industry is working to meet growing global demand despite operating with less farmland and fewer farms. According to the Department of Agriculture, the U.S. had about 943 million acres of farmland in 2000. That figure has since fallen about 7% to 874 million acres.…
Some older Ford cars and SUVs pose “unreasonable” safety risks, according to federal regulators, warning that the timing belt may fail, causing them to lose power or engines to seize. The National Highway Traffic Safety Administration announced on Monday that it has upgraded a defect investigation into 135,551 Ford vehicles…
The U.S. housing market is trending in two different directions as a new report from Zillow finds that while demand for luxury homes is surging, starter home sales are softening with growing inventory. Zillow’s data defines starter homes as those in the 5th to 35th percentile of home values in…
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the prospects for a Federal Reserve interest rate hike. President Donald Trump on Sunday signaled he was holding off on ordering fresh strikes against Iran and said he did so because…
Financial regulators in the Trump administration are proposing changes to a banking industry rule that critics say has been diverted from its original purpose to funneling funds from financial institutions to left-wing advocacy groups. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation on Friday…
The Federal Reserve left its benchmark interest rate unchanged this week despite three dissenting votes from Fed governors who would’ve preferred the central bank hike rates to help rein in stubbornly-high inflation, they explained on Friday. The Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy moves,…
A new rival to Wall Street officially debuted on Friday as the Texas Stock Exchange went fully live for the first time with trading available for all of its listed tickers. The Texas Stock Exchange, which is based in Dallas, is the first new major stock exchange to launch in…
Treasury Secretary Scott Bessent said in an interview on Thursday that he expects economic growth to pick up later this year with core inflation trending lower, while he warned that there have been growing tensions with China over artificial intelligence and rare earths. Bessent spoke with FOX Business’ Edward Lawrence…
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