JPMorgan Chase announced on Monday that it has invested $5 billion in companies that underpin U.S. national security through the firm’s Security and Resiliency Initiative…
Rising mortgage rates have shifted some advantages to prospective homebuyers this fall even as rates above 7% are reducing the purchasing power buyers have available. Realtor.com’s market clock report for the third quarter was released…
Democrats and Republicans are proposing changes to Social Security and retirement policy ahead of the November 3 midterm elections. Voters will decide which party controls the House and Senate, and this might shape the retirement agenda in Congress. President Donald Trump’s term runs through January 20, 2029, which means that…
Tesla is set to unveil the redesigned Roadster on Thursday after the EV-maker first previewed a next-generation version of its electric sports car nearly nine years ago. The automaker first revealed a prototype of the $200,000 Roadster in 2017 and the company said at the time it would begin deliveries…
Social Security beneficiaries could face a 22% across-the-board benefit reduction in 2032 without congressional action, according to the Committee for a Responsible Federal Budget (CRFB), as a new cost-of-living adjustment renews debate over the program’s financial future. The warning comes as Social Security’s retirement trust fund approaches a projected 2032…
If you have already maxed out your 401(k), you may still have room to save more at work. The amount will depend on federal limits and whether your employer adds money to your account. A mega backdoor Roth could turn that extra room into tax-free retirement savings. Here’s an example…
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Amazon is cutting fewer than 1,000 white-collar jobs, mainly in its stores division, which oversees the company’s main e-commerce website, according to Reuters. The reported cuts come as Amazon wraps up its October Prime Big…
