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Monthly Archives: September 2023

How to decide whether to roll over an old 401(k), from money experts

About 50 million Americans quit their jobs last year, and many left behind more than open floor plans and micromanaging bosses. As of earlier this year, job switchers had left their money in some 29 million 401(k) accounts with former employers, according to estimates from financial services firm Capitalize. That’s …

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What the only Blue Zone in the U.S. does for longevity

Of the five blue zones in the world — areas with the longest-lived people and the highest life expectancies — only one is in the U.S. Loma Linda, Calif., the only blue zone in America, is the home of a Seventh-day Adventist community of over 9,000 people. Adventists in Loma …

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Supreme Court to hear Texas and Florida social media cases

Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court on Friday said it will decide whether it’s constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. The states have both passed legislation that many Republican lawmakers say will stop tech …

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UAW announces new strikes at GM and Ford plants, sparing Stellantis

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. The additional strikes will target Ford’s Chicago Assembly in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and …

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Fugitive founder of 3AC crypto hedge fund arrested in Singapore

Sopa Images | Lightrocket | Getty Images Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore at the time. Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement …

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Citigroup CEO sees cracks emerging among consumers

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser. The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distress, Fraser told CNBC’s Sara Eisen on Friday in an interview. “We …

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Government shutdown fear grows as McCarthy lays out partisan vote plan

WASHINGTON — With fewer than two days left to fund the federal government and avoid a shutdown, House GOP leaders said the chamber would vote Friday on a partisan, short-term spending bill that has no chance of passing in the Senate. Speaker Kevin McCarthy pitched the bill as a way …

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Good news for inflation hawks

An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank’s fight against higher prices is making progress The personal consumption expenditures price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain …

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How to solve problems at work

Deborah Golden has a pretty unique job: As consulting firm Deloitte’s chief innovation officer, she gets to “solve really hard problems,” she says. Often this can mean leaning into emerging technologies to evolve offerings and products for clients. “I’m very good at seeing A to Z,” she says. While Golden’s …

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Dianne Feinstein, California’s longest-serving senator, dies at 90

U.S. Sen. Dianne Feinstein of California has died at age 90, her office confirmed Friday. Feinstein, a Democrat, was the oldest member of the Senate, where she served since 1992. She held her seat in the chamber longer than any other woman, and any senator from California. She passed away Thursday night …

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