New Jersey's retail sector faces sustained pressure as bankruptcy filings hit a 15-year high. Rising interest rates, shifting consumer habits, and policy uncertainty converge, forcing iconic chains and local staples alike to restructure or shutter.
A sharp selloff in global IT stocks, led by India's software exporters, reflects mounting Wall Street anxiety that new AI tools from Anthropic and Palantir threaten the core, high-margin service revenues of the industry.
Major firms from Amazon to Citi are reducing headcounts in the new year, citing AI integration and strategic restructuring as key drivers in a continuing trend of workforce optimization.
Amazon's latest round of job cuts, part of a global restructuring, has landed heavily in California, with 27 offices across the state affected and the Bay Area bearing a significant brunt.
For retirees considering a move, climate and cost of living often dominate the conversation. But experts warn that overlooking the quality and accessibility of local healthcare systems could be a costly mistake with long-term consequences for well-being and finances.
Driven by explosive demand for its networking silicon and custom AI accelerators, Broadcom (AVGO) posted record quarterly revenue. Analysts debate whether its premium valuation is justified by its entrenched position with hyperscalers and robust cash flow.
As OpenAI projects explosive revenue growth, its massive compute and cloud spending is creating clear winners in the AI infrastructure layer. We examine the high-stakes bets on Microsoft, Oracle, and Broadcom.
The Dallas-based engineering giant posted a dramatic turnaround to profit in its latest quarter, crediting a booming pipeline of AI-driven data center and semiconductor projects alongside strong water sector demand.
For retirees with substantial 401(k) savings, converting to a Roth IRA offers a path to avoid Required Minimum Distributions (RMDs). But as one 62-year-old with $1.6 million contemplates a $160k annual conversion, experts warn the hefty upfront tax bill could negate the long-term benefits for many.
A retiree with a substantial nest egg seeks a low-fee strategy to make their savings last. Financial experts weigh in on navigating investment risks, longevity concerns, and the critical choices facing those entering their golden years.
With recent regulatory changes making annuities more accessible within 401(k) plans, many mid-career savers are weighing the pros and cons of these guaranteed income products. We break down the key considerations.
The UN Security Council has issued a strong condemnation of a series of militant assaults in Pakistan's southwestern Balochistan province, which left dozens dead, including many civilians, as security forces intensify counter-operations in the restive region.
A dismal earnings report and CEO shakeup at PayPal triggered a broad selloff in software stocks on Tuesday, overshadowing gains in commodities and materials and pushing the Nasdaq Composite into negative territory for a third consecutive session.
Financial expert Suze Orman highlights a pervasive spending habit that is quietly consuming a quarter of the average retiree's Social Security income. As savings rates plummet and retail spending climbs, her advice to reclassify 'wants' as 'needs' strikes at the heart of a growing financial discipline crisis.
While Health Savings Accounts offer a powerful triple tax advantage, a common withdrawal habit is undermining their long-term potential for millions of savers.
As economic forecasts shift, five established Nasdaq 100 companies offering substantial dividends are drawing attention from investors prioritizing income and capital preservation for the coming years.
U.S. stock futures ticked up Tuesday as investors braced for a heavy slate of corporate results, while a partial government shutdown forced a delay of January's crucial employment report, adding uncertainty to the economic outlook.
While most Americans envision retiring at 58, few achieve it. A financial advisor reveals the disciplined, goal-oriented strategies—not just high incomes—that enabled her most successful clients to exit the workforce early.
As healthcare and living expenses climb, experts outline potential administrative and legislative avenues that could impact retiree finances in the coming years, from Medicare reform to tax adjustments.
Claiming Social Security early can lock in a reduced monthly payment for life. But a seldom-discussed provision allows some retirees a one-time chance to reverse that decision—if they act fast and can repay what they've received.
