To retire comfortably with a $1.5 million nest egg, market analyst Dan Geltrude advises investing early and taking advantage of employer matching contributions, as the high cost of living makes it challenging for younger generations to save for retirement.
The Taiwan Semiconductor Manufacturing Company (TSMC) is set to receive $6.6 billion in grants from the US government to build three fabrication plants in Arizona, in addition to $5 billion in loans, representing the largest foreign direct investment in the state's history and boosting hopes to turn the US into a global chip-making powerhouse.
Illinois residents are being warned by the state's public health department to check their eclipse glasses after a recall, as fake glasses have hit the market.
A recent study found that employers in the United States contacted presumed white applicants 9.5% more often than presumed Black applicants, with certain companies and industries showing even greater disparities in callbacks.
Some solar eclipse glasses sold on Amazon and in Southern Illinois have been recalled due to not meeting safety standards.
A Southwest Airlines flight from Denver to Houston declared an emergency and safely landed after an engine cover ripped off shortly after takeoff, causing no injuries.
Shares in Trump Media & Technology Group, the parent company of Truth Social, fell another 10 percent after reporting a $58 million loss in 2023 and warning of ongoing operating losses and negative cash flows.
Mortgage rates may potentially become slightly cheaper with predicted rate cuts later this year, but experts believe that rates won't drop significantly and won't return to the lower rates of previous years.
Jamie Dimon, CEO of JPMorgan Chase, emphasized the need for the US to engage with China while asserting that the US should be setting the global political and economic agenda, as he warned of the nation's growing strength and potential threat.
A Boeing airplane experienced a mechanical issue during takeoff when part of its engine covering fell off and struck the wing flap, causing Southwest flight 3695 to return to Denver International Airport without incident; this incident is the latest in a series of issues plaguing Boeing.
Aruba Aloe Balm N.V. is recalling several lots of hand sanitizer and aloe gel due to the presence of methanol, which can pose serious health risks including nausea, vomiting, coma, and seizures.
Tesla's Autopilot is facing another wrongful death lawsuit, but despite previous critical investigations, the automaker has been acquitted in two separate trials, making it likely it will win again.
A Powerball player in Oregon ended a three-month winless streak by winning a jackpot worth over $1.3 billion, the eighth largest in US lottery history.
US stocks wobbled as investors faced a week of key economic data and the start of earnings season, with concerns about inflation, Fed policy, the US election, and oil prices adding to the unsettled market mood.
The forthcoming Bitcoin halving is expected to result in a modest decrease in the hashrate, ranging from 5 to 10%, but it is likely to be a brief hiccup rather than a significant setback, as miners will quickly bounce back from this slight dip, and the hashrate's robustness is further enhanced by the continuous efforts of miners to update their equipment with the newest and most efficient models.
JPMorgan CEO Jamie Dimon criticized the Biden administration's pause on new LNG projects, warning that it increases dependence on oil and coal, while also warning about the prolonged high rate of inflation and the potential economic threats posed by global events.
Walmart has agreed to pay a settlement to customers who purchased packaged meat or bagged fruit between Oct. 19, 2018 and Jan. 19, 2024, after being accused of inflating prices at checkout.
The majority of cancer drugs granted accelerated approval by the FDA do not demonstrate clinical benefits within five years, according to a new study, raising concerns about patients receiving medications that may not be effective.
Stocks started off slowly Monday, with the major indexes showing mixed results on the stock market today, while Tesla stock rose after news of the company's upcoming "robotaxi" unveiling.
Toyota has been a key player in North America for over 65 years, focusing on advancing sustainable mobility through their Toyota and Lexus brands and employing over 63,000 people in the region.
Taiwan Semiconductor Manufacturing Company (TSMC) is set to receive $6.6 billion in federal grants from the Biden administration, in addition to its planned $25 billion investment in Arizona, bringing the total investment in domestic chip operations to $65 billion, leading to an increase in the company's stock.
JPMorgan Chase CEO Jamie Dimon warns that excessive government spending in the U.S. may lead to higher inflation and interest rates, impacting the economy.
Target's Circle Week sale offers deep discounts on thousands of items, including tech, apparel, and home goods, with notable deals such as Apple Watch Series 9 starting at $320 for Circle members and discounts on LG OLED TVs.
The upcoming 2025 Toyota 4Runner will feature a hardcore off-road trim called the Trailhunter, with high-end off-roading upgrades similar to the Tacoma, and it is expected to share most of its drivetrain options with the Tacoma, including a turbocharged four-cylinder engine and hybrid assistance as an option.
David Ellison, movie producer and heir to a technology fortune, is in negotiations to take charge of Paramount Global, in a deal valued at over $2 billion, which includes merging his production company, Skydance Media, with Paramount.
NYPD officers clash with violence interrupters, Brooklyn Tower goes into foreclosure, PATH train set for renovation, fast food chains offering eclipse-themed products, movie theaters receive rent cuts, someone in Oregon wins $1.3 billion Powerball ticket, Melania Trump hosts LGBTQ+ Republicans fundraiser at Mar-a-Lago.
Counterfeit and fake eclipse glasses and viewers are entering the market, leading the American Astronomical Society to warn against buying these products and to compile a list of over a hundred trusted producers, distributors, and retailers, excluding e-commerce giants like Amazon and eBay.
Skepticism among investors rises as EV startups face financial challenges and struggle to prove themselves in a competitive market, with companies like Canoo, Lucid Motors, and Fisker grappling with cash depletion and strategic evaluations, while major players like Tesla, NIO, Li Auto, XPeng, and Rivian report their delivery results for Q1 2024.
The Federal Aviation Administration is investigating an incident involving a Southwest Airlines flight where the cowling on one of its engines fell off during takeoff and struck the wing flap of the aircraft.
The U.S. Commerce Department has awarded Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in funding to establish semiconductor factories in Arizona, in order to strengthen domestic chip supply and reshape chip manufacturing amid U.S.-China tensions.
Change Healthcare is facing a second ransomware attack from the group RansomHub, which is demanding a ransom payment within 12 days or the stolen data will be sold to the highest bidder.
Elon Musk's announcement of a Tesla robotaxi aims to distract from the company's declining stock performance, but investors should be cautious about the hype surrounding the product due to Tesla's history of failing to deliver on previous promises, such as fully autonomous vehicles and the Semi truck.
Investors have lost $3.5 billion on shares of Trump Media & Technology Group, with Donald Trump himself being hit the hardest, as the company's stock plummets 38% from its high.
US stock futures remain steady as investors prepare for a busy week ahead, including fresh inflation data and the start of first-quarter earnings season.
Tesla's stock rebounded after rumors of a scrapped low-cost EV project caused a drop, as analysts believe the company may be prioritizing robotaxis and technical factors show potential for recovery.
JPMorgan Chase CEO Jamie Dimon expects the US economy to be resilient and grow this year but has concerns about geopolitical events and political polarization creating risks that could surpass anything since World War II.
IONQ, a quantum computing company, is downgraded to a hold rating as its chosen technology of trapped ion qubits is not scalable enough to achieve quantum advantage or supremacy, but the company is exploring other markets and looking for ways to reduce the number of qubits needed for specific problems to ensure its survival.
A McDonald's franchisee in California is raising prices by 5% to 7% and considering cost-cutting measures, such as delaying remodels and changing operating hours, to offset the impacts of the state's new $20 minimum wage for fast-food workers.
The total solar eclipse can generate billions of dollars in revenue for communities in its path, but it also poses challenges such as water shortages and disruptions to the energy grid.
Many brands are offering special deals and limited-time products to celebrate Monday's Total Solar Eclipse, including Burger King's buy-one-get-one Whoppers, Krispy Kreme's Total Solar Eclipse Doughnut, and Pizza Hut's $12 large pizzas.
Forbes investigation reveals that OpenAI CEO Sam Altman, despite having no equity in OpenAI, has become a billionaire through successful investments in startups such as Reddit, Stripe, Helion, and others.
JPMorgan Chase CEO Jamie Dimon expressed concerns about risks to the US economy, including inflation, government spending, Federal Reserve balance sheet reduction, and geopolitical tensions, in his shareholder letter, stating that the bank is prepared for interest rates ranging from 2% to 8% or even higher. Dimon also discussed potential successors and criticized the current regulation of banks in the US.
Jamie Dimon, CEO of JPMorgan Chase, believes that artificial intelligence (AI) will have a significant impact on global business this year and compares its potential to major technological inventions of the past, such as the printing press and the internet. Dimon also acknowledges the risks associated with AI, including cybersecurity threats, and warns that the US may be entering a treacherous geopolitical era.
Bitcoin's halving event, which reduces the rate at which new bitcoins are created, has historically been followed by a significant price correction, but the cryptocurrency has consistently demonstrated resilience and the ability to recover, making it a good long-term investment option.
The Biden administration will provide up to $6.6 billion in grants to Taiwan Semiconductor Manufacturing Company (TSMC) to support the construction of a major chip manufacturing hub in Phoenix, Arizona, as part of efforts to bolster semiconductor production in the United States.
A woman's appearance during a job interview can have a significant impact on her chances of getting hired, especially for client or customer-facing positions, as employers view candidates as representatives of their company; experts advise jobseekers to dress appropriately and consider their overall presentation.
The future of Uber and Lyft in Minneapolis is uncertain as a new ordinance requiring higher pay for drivers has led the companies to threaten leaving the market, while state and city officials consider potential solutions.
Chinese property giant Shimao Group is facing a liquidation petition from China Construction Bank (Asia) in connection with a debt of approximately $204 million, as creditors continue to take legal action against troubled developers in China's real estate sector.
A Southwest Airlines flight returned to Denver after an engine cover fell off during takeoff, but the plane landed safely with no injuries reported; the incident is being investigated by the Federal Aviation Administration.
Uber and Lyft have threatened to leave Minneapolis after the City Council passed an ordinance requiring them to pay drivers a higher rate, causing concern and debate among residents and government officials.
