The “magic number” that Americans believe they need to have saved for retirement jumped from a year ago as some express anxiety about their retirement savings. Northwestern Mutual released a study on Wednesday which found that the amount of retirement savings Americans think they need to retire comfortably rose to $1.46 million.That…
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West Texas Intermediate (WTI) Crude Oil rebounds sharply on Thursday, rising more than 8% on the day, as ongoing tensions in the Middle East continue to keep a geopolitical risk premium embedded in prices amid supply disruptions through the Strait of Hormuz.At the time of writing, WTI is trading around $103, bouncing off a daily low of $92.49 and snapping a two-day losing streak.The rebound comes after Donald Trump dashed hopes of a near-term end…
One year ago, President Donald Trump launched sweeping global tariffs, ratcheting up trade tensions and…
MUFG’s Lee Hardman argues the US Dollar’s response to the Middle East-driven energy shock has…
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This as-told-to essay is based on a conversation with Scout Turner, owner of CertaPro Painters of Nashville and Middle Tennessee. It has been edited for length and clarity. Loading audio narration… My mom always told me that I was going to need a job when I was 16. Working hard…
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A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100 million American cardholders in the process. Some Republican and Democratic lawmakers have expressed support for capping credit card interest rates at 10%, a measure that also received support from the…
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The boss of Europe’s biggest airline has warned that jet fuel supplies could be at risk if the Iran war continues for another month. Loading audio narration… “We don’t expect any disruption until early May, but if the war continues, we do run the risk of supply disruptions in Europe…
