Corporate taxes, consumer costs top economic agenda for Biden State of the Union

Corporate taxes, consumer costs top economic agenda for Biden State of the Union

US President Joe Biden delivers the State of the Union address in the House Chamber of the US Capitol in Washington, DC, on March 7, 2024.  Pool | Getty Images News | Getty Images President Joe Biden laid out plans to further reshape the tax system and promised to lower costs for Americans during his … Read more

Biden State of the Union address to lay out economic vision

Biden State of the Union address to lay out economic vision

President Joe Biden will highlight his economic record and lay out plans to reshape the tax system and reduce the deficit in his State of the Union address Thursday. Biden is expected to double down on his economic populism by pushing his regulatory and antitrust policy ahead of an expected rematch against former President Donald … Read more

Salesforce announces new AI tools for doctors

Salesforce announces new AI tools for doctors

Salesforce headquarters in San Francisco, California, US, on Wednesday, Nov. 29, 2023. David Paul Morris | Bloomberg | Getty Images Salesforce on Thursday announced new data and artificial intelligence solutions for health-care workers that could help lessen their burdensome administrative workloads.   The first tool is called Einstein Copilot: Health Actions, and it will allow doctors … Read more

Retirement prospects for women can be bleak. How to prepare

Retirement prospects for women can be bleak. How to prepare

Momo Productions | Stone | Getty Images Women face tough financial prospects in retirement. About 50% of women ages 55 to 66 have no personal retirement savings, a higher share than men (47%), according to U.S. Census Bureau data. Those who do have retirement savings are less likely to have $100,000 or more (22% vs. … Read more

Labor unions end proxy fight at Starbucks after bargaining progress

Labor unions end proxy fight at Starbucks after bargaining progress

Steph Kronos, a pro-union activist, tries to talk to Starbucks customers while joining Starbucks workers, former employees and supporters in holding signs in support of a strike, outside of a Starbucks store in Arlington, Virginia, on Nov. 16, 2023. Saul Loeb | AFP | Getty Images A group of labor unions said on Tuesday that … Read more

Why 401(k) loans should be a last resort

Why 401(k) loans should be a last resort

If you’re struggling to make ends meet, you may be eyeing any cash you have stashed away for the future as a solution. In fact, about 1 in 5 workers have borrowed or withdrawn money from retirement accounts, according to a recent survey from SoFi. However, withdrawing money from a workplace retirement account, such as … Read more

High earners, young people, women are working fewer hours after the pandemic: new research

High earners, young people, women are working fewer hours after the pandemic: new research

Americans aren’t working as much as they did before the pandemic, according to a new report from the ADP Research Institute.  Between December 2019 and December 2023, the median number of hours worked by U.S. hourly workers fell from 38.4 to 37.7 a week, a decline of almost two percent, according to the report. ADP’s … Read more

Medicaid challenges leave many Black Americans uninsured

Medicaid challenges leave many Black Americans uninsured

Recent changes to Medicaid programs, aimed at closing a health coverage gap in the U.S., have left behind some Americans — particularly people of color. Among the non-elderly population in the U.S. — those under age 65 — insured rates rose during the Covid pandemic, with 3.4 million Americans enrolling in health coverage between 2019 … Read more

Congressional leaders strike partial budget deal

Congressional leaders strike partial budget deal

U.S. Senate Majority Leader Chuck Schumer, D-N.Y., and U.S. Speaker of the House Mike Johnson, R-L.a., speak to each other during a Capitol Menorah lighting ceremony at the U.S. Capitol Building in Washington, D.C., on Dec. 12, 2023. Anna Moneymaker | Getty Images Top congressional leaders on Capitol Hill struck a partial budget deal to … Read more

Company to cut 5% of workforce, or about 670 employees

Company to cut 5% of workforce, or about 670 employees

An Electronic Arts video game logo is seen at the Electronic Entertainment Expo. Lucy Nicholson | Reuters Electronic Arts announced Wednesday that it will cut 5% of its workforce, part of a plan that includes reducing office space and ending work on some video games. EA employed 13,400 workers as of the end of March … Read more