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Monthly Archives: October 2022

Inflation causes 54% of adults trimming or stopping retirement savings

Brandon Bell | Getty Images ‘Make a plan’ to replenish your retirement account If rapidly rising prices have interfered with your ability to save for retirement, it’s important to try to get back on track with savings as soon as you can, experts say. “Make a plan now about how …

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How United thinks electric planes will change flight travel decisions

United Airlines, the nation’s No. 3 carrier, has a contract to buy electric 30-seat planes from startup Heart Aerospace, which Heart said it plans to introduce in 2028. Heart Aerospace One of the hardest things to figure out about cutting greenhouse gas emissions has been what to do about aviation, …

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TreasuryDirect crashes as investors try to beat key I bond deadline

Shapecharge | E+ | Getty Images Investors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-high interest rate before a key deadline. I bonds have proven to be a bright spot for investors amid declines in the broad stock and …

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SEC Chair Gary Gensler backs controversial clawback rule

A new Securities and Exchange Commission rule that would allow the agency to reclaim bonuses from certain executives should not discourage companies from going public, SEC Chair Gary Gensler said Friday. The “clawback rule” broadens SEC regulators’ authority to recover incentive-based compensation to current and former executives of public companies …

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Lawmakers urge tech CEOs to do more to help Iranian protesters

Iranians protest to demand justice and highlight the death of Mahsa Amini, who was arrested by morality police and subsequently died in hospital in Tehran under suspicious circumstances. Mike Kemp | In Pictures via Getty Images A bipartisan group of 13 lawmakers urged several U.S. tech CEOs to do more …

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Help! My friend won’t stop complaining about work

Dear Work It Out, How do I handle when one of my friends constantly complains about their work but doesn’t do anything to change their situation?  Tired of Complaints * Dear ToC, As long as work and dealing with other people are part of our lives, complaining about work — …

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U.S. consumer spending seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO

U.S. consumer spending is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and renters will see their budgets squeezed as landlords pass on …

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Trump says Twitter ‘is now in sane hands’ with Musk

Elon Musk, left, and Wendell P. Weeks, center, listen to President Donald Trump as he meets with business leaders at the White House on Monday January 23, 2017 in Washington, DC. Matt McClain | The Washington Post | Getty Images Twitter’s most famous banned user, former President Donald Trump, applauded …

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what is it, could it fight climate change?

The iconic Old Faithful Geyser springs to life (every 90 minutes) in Yellowstone National Park’s Upper Geyser Basin on September 18, 2022, in Yellowstone National Park, Wyoming. Sitting atop an active volcanic caldera, Yellowstone, America’s first National Park, is home to more geological hydrothermal features (geysers, mud pots, hot springs, …

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Amazon stock tumbles after downbeat sales forecast

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon shares plunged more than 10% in early trading Friday, a day after the company projected sales in the holiday quarter would be far below expectations. Shares are …

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