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Leaving your home to your heirs could cause a headache

Americans have trillions of dollars of wealth locked up in their homes, and passing it on at death can get messy quickly. The typical way of outlining who should get the house in a will can cause delays after death—so much so that most states have set up a new…

Euro softens toward 13‑month low near 1.1350 as rising US PCE inflation lifts US Dollar

The EUR/USD pair loses ground to around 1.1365 during the early Asian trading hours on Friday. The major remains near a 13-month low as market expectations for US interest rate hikes have risen. Traders brace for the release of the Michigan Consumer Sentiment Index report, which will be released later on Friday.US inflation increased further in May, with the headline Personal Consumption Expenditures (PCE) Price Index climbing 4.1% YoY, compared to 3.3% in April. This…

Finance news

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Business

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Potential JPMorgan CEO successors named as top executive retires

The race to succeed America’s top banker is on. Sources inside JPMorgan Chase, the nation’s top bank, say the elevation of two senior executives Doug Petno and Troy Rohrbaugh as co-presidents of the company, sets up a long-awaited horse race to succeed the voluble Jamie Dimon, its CEO for the past two-plus decades and…

Markets

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Target is rolling out a new attendance tracking system for store and warehouse workers

Target is tightening enforcement of its attendance policy.Starting in September, the bullseye retailer plans to begin tracking unexcused lateness and absences with a new point-based system for store and warehouse workers companywide, a spokesperson confirmed to Business Insider. The company is also switching to a unified scheduling app for employees…

Investing

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