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Business

Here’s how stocks fared under past Fed chairs — and what a Warsh nomination truly means

Stock-market performance has varied significantly across different Federal Reserve chairs, offering a historical perspective on central bank influence. Going back to the 1930s, market...

Is the stock market open on Juneteenth? Will the post office deliver mail?

The June 19 federal holiday falls on a Friday this year. Here is how trading hours and other services are affected. The New York Stock...
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Americans’ 401(k) Balances Hit Record Highs in 2023—Here’s How Your Savings Stacks Up

Americans’ 401(k) balances soared to record levels last year, according to Vanguard’s latest "How America Saves" report. The analysis...

The $124 Trillion Wealth Transfer Is Happening Now — But the IRS or Nursing Homes Could Take Your Family’s Inheritance First

The Great Wealth Transfer, an estimated $124 trillion shift of assets from older to younger generations, is underway. However,...

We read the Social Security and Medicare trustees reports. If you’re not worried, you should be.

The latest Social Security and Medicare trustees reports paint a concerning picture for the future. Both programs face significant...

Europe’s Largest Banking Merger in Years Nears Reality as UniCredit Circles Commerzbank

UniCredit is moving closer to its long-held ambition to acquire Commerzbank. The Italian lender's pursuit of its German rival...

The Social Security Crisis Is No Longer Coming—It’s Already Here

Social Security faces a funding shortfall that is no longer a distant projection. The problem is already affecting current...

Why The New York Times Is Building a New Reporting Team in Texas

The New York Times is building a new reporting team in Texas. The expansion focuses on covering the state’s...