The aftermath of the pandemic has left many Americans struggling with the impact of rising grocery prices. According to Sen. Elizabeth Warren, grocery prices have skyrocketed during the pandemic and have continued to rise even after the pandemic is over. Shoppers have experienced frustration as certain grocery products, such as chicken breasts and bread, have
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Boeing and NASA are working in tandem to propel the company’s Starliner capsule into new frontiers, aiming to transport U.S. astronauts for the first time. Despite encountering a “stable” leak in the spacecraft’s propulsion system, both organizations are forging ahead with their plans. Mark Nappi, Boeing’s vice president and manager of the company’s Commercial Crew
Automation in retirement savings plans, such as 401(k) plans, is becoming increasingly popular among employers. One of the most common mechanisms being used is automatic escalation, which gradually increases workers’ savings rates by 1 percentage point each year up to a certain cap. The primary goal of auto-escalation is to help employees build a larger
The rise of private credit has been a topic of concern lately, with many questioning how the industry will fare in the face of a significant downturn. The lack of experience in handling large-scale crises has raised alarm bells among critics. The industry’s ability to weather a financial storm remains in question, especially in comparison
The CNBC Investing Club’s Morning Meeting livestream with Jim Cramer provided a recap of key moments on Friday. The market saw a rebound after a “really bad day” on Thursday, with Wall Street bouncing higher. Bond yields rose on “good economic data being viewed as bad news,” causing a late-day decline. Despite this, Nvidia saw
In the realm of real estate and homeownership, the process of coming up with a down payment has always been a critical aspect. According to recent findings by Clever.com, 77% of potential homebuyers have initiated the process of saving up for a down payment. Surprisingly, over half of these buyers plan to contribute less than
Norfolk Southern recently reached a settlement agreement to pay $310 million in regards to a toxic train derailment in East Palestine, Ohio. The majority of this settlement, $235 million, will go towards covering past and future cleanup costs. This incident, which occurred in February 2023, resulted in a fire that lasted days, causing local residents
Summer jobs are a common occurrence for teenagers looking to earn some extra cash during their break from school. However, what many parents and teenagers may not realize is that a summer job can also be an excellent opportunity to start saving for the future by opening a Roth IRA. According to experts, Roth IRAs
The U.S. Census recently reported a 4.7% decrease in newly built home sales in April compared to March, with a more significant 7.7% drop from the previous year. This decline in sales can be attributed in part to the rise in mortgage rates, which have been steadily increasing over the past few months. Higher mortgage
The U.S. Department of Justice, together with 30 states, has decided to file a lawsuit against Live Nation, the parent company of Ticketmaster, accusing them of antitrust violations. This legal action comes as a result of an investigation into Live Nation’s potential monopoly within the ticketing industry. The probe was initiated back in 2022, following
