Kelvin Murray | Getty Images A combination of record prices and a record number of job openings has encouraged more retirees to return to work. The trend, called “non-retirement,” rebounded to pre-pandemic levels this spring. About two-thirds, or 68%, of retirees would consider returning to work, according to a recent CNBC survey of the workforce … Read more
Jim Watson | Afp | Getty Images The Senate Democratic package on climate change, health care, drug pricing and tax measures, unveiled last week, has supporters and opponents debating whether the legislation violates a promise President Joe Biden has made. from his presidential campaign, a do not raise taxes on households with incomes of less … Read more
WASHINGTON – U.S. employers added a staggering 528,000 jobs last month, despite warning signs of an economic downturn, easing recession fears, and delivering good news to President Joe Biden ahead of the mid-term elections. Unemployment fell another notch, from 3.6% to 3.5%, equaling the more than 50-year low reached just before the pandemic took hold. … Read more
zimmytws | iStock | Getty Images There are only 13 years before Social Security may not be able to pay all the benefits, according to a recent annual report by the program administrators. In 2035, only 80% of the benefits will be paid if Congress does not terminate the program first. Supporting the program will … Read more
Two prominent and influential proxy consulting firms are urging Tesla Inc. investors to vote against the re-election of two directors and recommend challenging the wishes of the company and voting on six of the eight shareholder proposals. Tesla TSLA, + 0.04% is facing several employee-related disputes and is caught in the spotlight on CEO Elon … Read more
Troy Millings, left, and Rashad Bilal from Earn Your Leisure Source: Earn Your Free Time Social influencers focused on financial education for the black community are emphasizing a message of financial freedom this Juneteenth as the nation commemorates the end of slavery in the United States. “I definitely feel that Juneteenth’s memory should have some … Read more
NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett discriminated against potential black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Justice Department said Wednesday, in what it calls the second most. large settlement in decline of history. Trident Mortgage Co., a division of Berkshire Hathaway’s HomeServices of America, … Read more
