A general view of fans in front of the Washington Commanders logo during the first half of the game between the Washington Commanders and the Philadelphia Eagles at FedExField on September 25, 2022 in Landover, Maryland. Scott Taetsch | Getty Images The NFL’s Washington Commanders entered into a deal to […]
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A retirement-savings gap may cost the economy $1.3 trillion by 2040. How state-run programs can fix it
AsiaVision | E+ | Getty Images Many Americans aren’t saving enough for retirement — and the shortfall could pressure state and federal budgets in the decades ahead. But research shows that state-run programs could help people save for retirement while reducing that strain. Without changes, the retirement-savings gap could create […]
Interest rates rise to 5.5% on new federal student loans—why they’re still better than private ones
If you’re taking out federal student loans to pay for school next year, they’re about to get more expensive. The interest rate on direct undergraduate federal student loans — which are determined by Congress each year — will increase to 5.5% from 4.99% for loans disbursed on or after July […]
Former Trump probe prosecutor refuses to answer House Judiciary Committee questions
Mark Pomerantz, author, “People vs. Donald Trump: An Inside Account,” appears on “Meet the Press” in Washington, Feb. 12, 2023. William B. Plowman | NBCUniversal | Getty Images A former prosecutor refused Friday to answer questions at a deposition by the House Judiciary Committee about a criminal investigation of Donald […]
Alzheimer’s treatment Leqembi could cost Medicare up to $5 billion per year, study estimates
The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on Jan. 20, 2023. Eisai | Reuters The new Alzheimer‘s antibody treatment Leqembi could cost Medicare up to $5 billion per year, according to research published in a leading medical journal this week. Medicare would spend […]
DeSantis allies could shift $86 million to help him run for president as watchdogs cry foul
Allies of Florida Gov. Ron DeSantis are reportedly planning to execute a controversial money transfer to free up tens of millions of dollars to support his expected 2024 presidential campaign. DeSantis, widely considered former President Donald Trump‘s top potential Republican primary rival, won his 2018 gubernatorial race and easily clinched […]
Wall Street downgrades Club names Disney and Estee Lauder. Here’s our view
Wall Street firms issued bearish calls on Club holdings Walt Disney (DIS) and Estee Lauder (EL) late this week. Here’s a look at the headlines, along with our take, too. Walt Disney The news: Wolfe Research downgraded Club holding Disney Friday to peer perform, or neutral, from outperform, while removing […]
Why the U.S. government, the country’s largest employer, wants to ban the salary history question
The federal government, the largest employer in the U.S., wants to make the salary history question a thing of the past. The U.S. Office of Personnel Management, OPM, introduced a proposal this week that would bar hiring managers from asking candidates about their salary history, and it could impact 1.5 […]
Americans in most states will no longer receive Covid exposure notifications on phones
Americans in most states will no longer receive Covid exposure notifications on their smartphones now that the U.S. public health emergency has ended. Since 2020, nearly 30 states have used a Bluetooth system developed by Apple and Google to track the spread of Covid infections and send push alerts to […]
As shoppers look for savings, Nordstrom hopes Rack stores can fuel its revival
Signage outside a Nordstrom Rack retail store in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Shoppers are hungry for deals as they pay more for food and necessities. People are looking for clothes and accessories as they juggle parties, vacations and days […]