Key takeaways The unbanked have no relationship with traditional financial institutions, while the underbanked use banks but rely heavily on alternative financial services. 4.2% of…
The clock is ticking faster for American workers and seniors. The Social Security Administration’s newly released 2026 Trustees Report confirms that the federal retirement safety net is less than seven years away from fiscal depletion,…
So far this year, semiconductors and the physical infrastructure of artificial intelligence (AI) are dominating the exchange-traded fund (ETF) scene. For example, the iShares Semiconductor ETF is up 89% year to date. Given the intense interest – and investments – in AI, this makes sense. What’s driving the semiconductor boomSemiconductors…
Kia is recalling more than 6,000 vehicles because of a seatbelt malfunction that could increase the risk of injury in the event of a crash. The recall potentially affects 6,264 2027 Kia Telluride and Kia Telluride Hybrid models, according to a notice from the National Highway Traffic Safety Administration. The affected…
OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm. The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated…
U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading factor cited by companies cutting their workforces, new data shows. Companies announced 97,006 job cuts in May – an increase of 16% from the 83,387 cuts in April and an increase of 3% from…
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What Financial Steps Should New College Graduates Take After Graduation? It’s graduation season! As you put down your bookbags and pick up your briefcases, entering your new career fields, it’s time to get serious about…
