A man exits the Iron Mountain Inc. data storage facility in Boyers, Pennsylvania, U.S., on Tuesday, Feb. 13, 2018. The underground data center, located in a former limestone mine, stores 200 acres of physical data for many clients including the federal government. Stephanie Strasburg | Bloomberg | Getty Images Elon Musk stood beside a seated
When you change jobs, you’ll need to decide what to do with your old 401(k). A common choice is to roll the old 401(k) into an IRA, which can be a great option. But according to a recent Vanguard study, 28% of investors who did a 401(k) rollover into an IRA were in cash one
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank’s retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024,
Cavan Images | Cavan | Getty Images More than 3.2 million individuals scored a legislative victory due to a new law that will increase the Social Security benefits for which they are eligible. However, many of those individuals now face a lengthy wait for the extra benefit money coming to them. The Social Security Fairness
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around. Some
Things continue to look up for GE Healthcare stock this year. Shares of the medical technology company jumped roughly 9% on Thursday after delivering solid fourth-quarter results and providing prudent 2025 guidance. While the Club stock left much to be desired in 2024, these numbers boosted shares that were already bouncing off their most recent
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in
Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. The job cuts will be accompanied by increases in staffing in “selected areas” such as in international locations, resulting in a broadly constant global headcount of
In many ways, workers are still reeling from the pandemic. After a tumultuous few years, worrying about what will come next is causing more employees to suffer from so-called layoff anxiety. According to Clarify Capital’s 2025 survey of 1,000 Americans, 1 in 3 adults have layoff anxiety. It’s especially impacting younger workers: among Generation Z,
Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.” Yet, the popular television host said it is the campaigning and being a politician that turns him off. “I’m not one of those dudes that’s
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