Fidelity spotlights the IRA quietly working for small firms

nedimesken

Small-business owners often don’t have the bandwidth to deal with retirement plan paperwork, and many avoid offering one altogether because of the complexity. That decision comes at a cost for the owner and for employees who miss out on years of potential savings without realizing it. A familiar …

Read More

Class of 2026 grads walk into a harsher student loan system

nedimesken

Each May, new graduates celebrate their achievements, then face the reality of student loan repayment. This year feels different for the nearly two million Americans earning a bachelor’s degree, as they enter a federal loan system that has grown more demanding. While there’s still a grace period …

Read More

Donald Trump’s labour secretary resigns in latest US cabinet departure

nedimesken

Lori Chavez-DeRemer is the third official to leave Trump’s cabinet in less than two months

Read More

McDonald’s rival closes after 79 years

nedimesken

Very few fast-food chains have stood the test of time. Since McDonald’s was founded in 1940, dozens of would-be rivals have launched, had a moment in the sun, then disappeared into the great food court in the sky. Burger Chef, which had more than 1,000 locations, closed in 1996, according to The …

Read More

Vanguard challenges the S&P 500 as a one-stop strategy

nedimesken

For decades, the S&P 500 index has stood as the answer for any American investor seeking to store their long-term investments. But Vanguard, the company that launched the first index mutual fund back in 1976, now says that the single-benchmark approach may be losing its edge.  In a …

Read More

Wells Fargo resets NXP Semiconductors forecast ahead of earnings

nedimesken

Three Wall Street firms turned more cautious on NXP Semiconductors in the same week, all pointing to the same concern: The automotive market is not recovering fast enough. Wells Fargo downgraded NXP Semiconductors to equal weight from overweight. It cut its price target to $235 from $265, citing a …

Read More

Federal judge orders release of Egyptian family of six who have spent 10 months detained in Dilley detention center

nedimesken

The family has been detained since last June after the father was arrested and charged with attacking mostly Jewish protestors at a Boulder, Colo., event.

Read More

Speaker Dustin Burrows asks Texas House to investigate Roblox in response to game simulating Uvalde shooting

nedimesken

Burrows added the charge to his list of interim priorities, instructing lawmakers to study ways to strengthen child protections on gaming platforms like Roblox.

Read More

Tim Cook to step aside as Apple chief in September

nedimesken

Head of hardware John Ternus to take over as CEO while Cook will become iPhone maker’s chair

Read More