Americans are continually encouraged to sock away money in a 401(k) or other retirement plan to ensure a comfortable, if not cushy, life in their later years. Yet about half of all U.S. workers in the private sector lack access to an employer-sponsored retirement plan, a huge obstacle in building enough wealth to retire, a recent study finds. About 56 million workers at businesses across the U.S. are unable to save via a retirement plan through their jobs, according to the analysis from the Pew Charitable Trusts. And while these employees can in principle save money on their own, many are…
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Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see First Bancorp (NASDAQ:FBNC) is about to trade ex-dividend in the next four days. The ex-dividend date is usually set to be one business day before the record date, which is the cut-off date on which you must be present on the company’s books as a shareholder in order to receive the dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least one business day to settle. Meaning, you will need…
Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNETThe housing market is hardly immune to political and economic volatility, yet mortgage rates have been eerily calm over the last period. Since the spring, the average rate for a 30-year fixed mortgage has moved in a mostly narrow range around 6.8% and 7%. Mortgage rates were expected to gradually improve in 2025. However, the Trump administration’s inflationary tariffs, deficit spending and geopolitical maneuvering led to bleaker forecasts, including fewer interest rate cuts by the Federal Reserve. The Mortgage Bankers Association now predicts that mortgage…
Author: Alex Haley Malcolm X’s posthumously published 1965 autobiography, crafted with Alex Haley, remains an indispensable document of the 20th-century US. Its visceral narrative traces an extraordinary metamorphosis — from street hustler to revolutionary thinker — and offers enduring lessons about systemic injustice and the power of self-reinvention. The opening chapters detail the African American civil rights activist’s fractured youth: His father’s violent death (officially a car accident, though family attributed it to white supremacists), his mother’s mental collapse and his pivot to crime as “Detroit Red.” What struck me most was how imprisonment became…
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the inspection instruments industry, including FARO (NASDAQ:FARO) and its peers. Measurement and inspection instrument companies may enjoy more steady demand because products such as water meters are non-discretionary and mandated for replacement at predictable intervals. In the last decade, digitization and data collection have driven innovation in the space, leading to incremental sales. But like the broader industrials sector, measurement and inspection instrument companies are at the whim of economic cycles. Interest rates, for example, can greatly impact…
Vehicle spending dropped significantly in May, as many consumers had made their purchases earlier in the year to avoid higher prices from new tariffs. Analysts noted that while some prices have increased due to trade policy, others have fallen, helping keep overall inflation in check. Melissa Cohn, Regional Vice President of William Raveis Mortgage, expects mortgage rates to remain volatile through summer, with bond markets reacting to inflationary pressures. She advises against anticipating significant surges for now.https://t.co/4YEzmAA0eH — Mortgage Professional America Magazine (@MPAMagazineUS) June 25, 2025 Despite current trends, there are signs that inflationary pressures could mount in the…
The European Union wants to allow limited imports of carbon credits under a planned 90% emissions reduction goal for the next decade, in a bid to reduce the costs of its ambitious green shift and get member states on board.The European Commission, the bloc’s executive arm, is poised to propose that certain high-quality credits from a new United Nations-supervised mechanism can account for 3% of the pollution cut by 2040, according to a draft document seen by Bloomberg News. Source link
Microsoft has signed one of the largest-ever carbon removal agreements through forests. The tech giant will purchase 4.8 million tons of high-quality carbon removal credits over 10 years from Anew Climate and Aurora Sustainable Lands. The credits come from improved forest management (IFM) projects in the U.S., helping Microsoft get closer to its goal of becoming carbon negative by 2030. This new deal highlights Microsoft’s leadership in corporate climate action and growing interest in nature-based carbon removal. As climate commitments rise, so does demand for trusted, measurable carbon removal. Betting on Trees: Microsoft’s Commitment to Forest Carbon Removal Forest carbon…
By Johann M Cherian and Medha Singh (Reuters) -The S&P 500 and the Nasdaq Composite hit all-time highs on Friday as renewed AI enthusiasm and the prospect of a looser monetary policy powered a recovery in U.S. stocks from months-long rout. The benchmark index rose 0.59% to 6,178.80 points, surpassing the previous peak of 6,147.43 on February 19, while the tech-heavy Nasdaq gained 0.59% to 20,299.72 points, exceeding its record high of 20,204.58 on December 16. Markets rallied this week as an upbeat forecast from chipmaker Micron revived investor confidence on artificial intelligence, while Nvidia inched closer to $4 trillion…
No one knows exactly how much interest rates will change or how quickly inflation will go up, so you always want to be strategic about where you put your hard-earned cash. Growing your wealth may feel like a lofty goal when you are surrounded by economic uncertainty, but there are many metaphorical piggy banks in which you can put your pennies. Invest in Gold Powered by Money.com – Yahoo may earn commission from the links above. For You: 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years Consider This: 8 Frugal Habits Americans Are Ridiculed for…