social problems

Opinion: Household wealth plummets by $13.5 trillion, second-worst drop on record

Opinion: Household wealth plummets by $13.5 trillion, second-worst drop on record

Leave a Comment / Economy / By

US households lost an estimated $6.8 trillion in wealth in the first three quarters of 2022 as the SPX stock market, -0.73% DJIA, -0.90% COMP, -0.70% has lost more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts. Nominal net worth fell 4.6% to $143.3 trillion, as the …

Opinion: Household wealth plummets by $13.5 trillion, second-worst drop on record Read More »

50% of women say they are behind on their retirement savings. Here's why they face challenges

50% of women say they are behind on their retirement savings. Here’s why they face challenges

Leave a Comment / Personal finance / By

Tim Robbert | Digital Vision | Getty Images Finding enough money for retirement is a challenge for all workers. Women are 50% more likely to say they are late, compared to 35% of men, according to a new report from Goldman Sachs. In addition, 24% said they were “very late”, compared to 14% of men. …

50% of women say they are behind on their retirement savings. Here’s why they face challenges Read More »

Some Meta employees claim they are not receiving promised severance pay

Some Meta employees claim they are not receiving promised severance pay

Leave a Comment / Business / By

England’s Anwar Almojarkesh (L) and Alan Chalabi (R) pose for a photo at Meta (formerly Facebook) headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images A group of Meta workers who joined the company through an on-the-job training program say they receive lower severance packages than other recently …

Some Meta employees claim they are not receiving promised severance pay Read More »

How to avoid mistakes with required minimum distributions from your retirement accounts

How to avoid mistakes with required minimum distributions from your retirement accounts

Leave a Comment / Personal finance / By

Kemal Yildirim | E+ | Getty Images You have about a month to make sure you get it right when it comes to mandatory retirement account withdrawals. Required Minimum Distributions, or RMDs as they are known, are annual amounts that must be withdrawn from the year you reach age 72 – from age 70.5 before …

How to avoid mistakes with required minimum distributions from your retirement accounts Read More »

Twitter is less secure due to Elon Musk's management style, says former top official | CNN Business

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business

Leave a Comment / Business / By

CNN Business — The dictatorial management style of Twitter owner Elon Musk risks driving the company headlong into unforced business mistakes, content moderation disasters and the degradation of the platform’s core features that help protect vulnerable users, according to a former top Twitter executive who led the company’s content moderation before quitting abruptly. this month. …

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business Read More »

Twitter is less secure due to Elon Musk's management style, says former top official | CNN Business

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business

Leave a Comment / Business / By

CNN Business — The dictatorial management style of Twitter owner Elon Musk risks driving the company headlong into unforced business mistakes, content moderation disasters and the degradation of the platform’s core features that help protect vulnerable users, according to a former top Twitter executive who led the company’s content moderation before quitting abruptly. this month. …

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business Read More »

Is money a weapon to control your spouse? This financial abuse can destroy your marriage.

Is money a weapon to control your spouse? This financial abuse can destroy your marriage.

Leave a Comment / Personal finance / By

Progress has been slow, but American society’s openness to marriage norms and money issues continues to evolve. Married couples now include the LGBTQ+ community and 38% of breadwinners are women. I share this because gender norms are becoming less normal, which actually means no one is immune to the possibility of a spouse using money …

Is money a weapon to control your spouse? This financial abuse can destroy your marriage. Read More »

5 key personal finance issues this midterm election - and what they mean for your wallet

5 key personal finance issues this midterm election – and what they mean for your wallet

Leave a Comment / Personal finance / By

As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …

5 key personal finance issues this midterm election – and what they mean for your wallet Read More »