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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Apple briefly passed Nvidia to become the world’s most valuable company on Friday as the tech titans jostled for the top spot as investors reconsider the outlook for investments in AI. Apple’s market cap topped Nvidia’s early Friday as the latter saw shares slide along with other chipmaker stocks as…
