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Monthly Archives: October 2023

Union workers ‘are catching up’ on pay as labor organizing surges

United Auto Workers members and supporters rally at the Stellantis North America headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images News | Getty Images While predictions across the board about employee pay are forecasting slower wage growth next year, there’s a notable exception: union …

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Biden administration to crack down on ‘junk fees’ in retirement plans

Julie A. Su, nominee for deputy secretary of Labor, testifies during her Senate Health, Education, Labor and Pensions Committee confirmation hearing in Washington, D.C., on March 16, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Biden administration is cracking down on so-called “junk fees” in retirement accounts. …

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Series I bond rate is 5.27% through April 2024

Jitalia17 | E+ | Getty Images The U.S. Department of the Treasury announced Series I bonds will pay 5.27% annual interest Nov. 1 through April 2024, up from the 4.3% annual rate offered since May. Tied to inflation, investors can claim 5.27% for six months — the fourth-highest I bond …

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62% of Americans live paycheck to paycheck amid inflation

‘Inflation is still too high’ The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, even though Fed Chair Jerome Powell recently said “inflation is still too high.” Recent data is painting a mixed picture of where the economy stands. Inflation has shown some signs of cooling, but the …

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Saudi Arabia to host 2034 soccer World Cup after Australia declines to bid

Saudi Arabia looks set to be the host of the 2034 World Cup after the only other country to have shown an interest in hosting — Australia — made a last-minute decision not to bid. “We have reached the conclusion not to do so for the 2034 competition,” a statement …

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Why working longer is a bad retirement plan

Daniel Gonzalez | Moment | Getty Images Working longer is among the best ways to ensure you don’t outlive your retirement savings. The problem is, you can’t count on it as a strategy. When it comes to retirement age, there’s a big gap in expectations versus reality. Americans generally retire …

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US companies are at risk of losing biggest market race of all to China

US President Joe Biden (R) and Chinese President Xi Jinping hold a meeting on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali, November 14, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) Saul Loeb | Afp …

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Oil could hit record high of $157 if Israel-Hamas war escalates: World Bank

Picture taken on May 3, 2022 shows a general view of Slovakia’s largest mineral oil refinery Slovnaft in Bratislava, Slovakia. Joe Klamar | Afp | Getty Images Record high oil prices could be on the horizon in the event of a conflagration of the ongoing Israel-Hamas war, the World Bank …

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memory chip demand to improve in 2024

general view of visitors are seen at Samsung booth during the chinajoy 2023 at Shanghai new expo center in Shanghai, China on July 28, 2023 (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images South Korea’s Samsung Electronics reported Tuesday quarterly operating profit that was better …

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Here’s how much sugar is in the 10 most popular Halloween candies

One of the best parts of Halloween is eating all the candy you want without feeling guilty about it. But knowing just how much sugar you’re consuming may actually be the biggest scare of this spooky season. It comes as no surprise that the holiday’s biggest treats are packed full …

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