Most companies with a 401(k) plan automatically enroll workers, meaning even clueless workers may be saving reasonably well.
Is financial stress hurting retirement savings? 4 in 10 workers with a 401(k) don’t contribute, CNBC survey finds
A CNBC Your Money Survey found 74% of Americans feel financial stress, up from 70% in April. Financial strain makes it hard for many to fund a retirement plan.
How much money Americans say they need to earn to be financially comfortable
Americans are understandably stressed about money, but they don’t need millions to feel more comfortable.
EU’s crackdown on Apple, Meta and others is to avoid forced breakups, top official says
Big Tech is facing tighter scrutiny in the European Union, but officials want to avoid forcing them to break up parts of the business.
Higher valuation leaves ‘less margin of error’ for this streaming stock, Loop Capital says
The firm moved its rating to hold from buy.
This major bank’s stock can rally 25% as dealmaking and consumer banking improve, HSBC says
The firm initiated coverage of the stock at a buy.
Moscow slams U.S. supply of depleted uranium weapons to Kyiv; drones target more Russian cities
Russian officials have slammed the U.S.’ decision to supply Ukraine with depleted uranium weapons, with one describing the move as a “criminal act.”
Blockbuster weight loss drugs Wegovy and Ozempic are being tested to treat addiction and dementia
Scientists have begun investigating whether so-called miracle obesity drugs can be used to help treat conditions such as dementia and alcohol addiction.
Can stocks finish strong in 2023? Wall Street giants weigh in
Stock markets are coming off a rough month on soaring bond yields and concerns about China’s economy, but strategists with some of Wall Street’s biggest banks are cautiously optimistic.
Japan launches rocket carrying lunar lander and X-ray telescope to explore origins of universe
The lander successfully separated from the rocket about 45 minutes after the launch and proceeded on its proper track to eventually land on the moon.
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