Economy

Jim Cramer on Squawk on the Street, June 30, 2022. Virginia Sherwood | CNBC When your job is to write a commentary about the stock market you start with a blank Word document. It stares at you and says, “Come up with something noticeable that makes sense of the market.” Right at that moment, the […]

AsiaVision | E+ | Getty ImagesMany Americans aren’t saving enough for retirement — and the shortfall could pressure state and federal budgets in the decades ahead. But research shows that state-run programs could help people save for retirement while reducing that strain.Without changes, the retirement-savings gap could create a $1.3 trillion economic burden through 2040,… […]

The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on Jan. 20, 2023.Eisai | ReutersThe new Alzheimer’s antibody treatment Leqembi could cost Medicare up to $5 billion per year, according to research published in a leading medical journal this week.Medicare would spend about $2 billion per year if around 85,700… […]

Mark Pomerantz, author, “People vs. Donald Trump: An Inside Account,” appears on “Meet the Press” in Washington, Feb. 12, 2023.William B. Plowman | NBCUniversal | Getty ImagesA former prosecutor refused Friday to answer questions at a deposition by the House Judiciary Committee about a criminal investigation of Donald Trump in which he once played a… […]

Signage outside a Nordstrom Rack retail store in New York, Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesShoppers are hungry for deals as they pay more for food and necessities. People are looking for clothes and accessories as they juggle parties, vacations and days at the office again.But that has not helped Nordstrom’s off-price chain,… […]

Allies of Florida Gov. Ron DeSantis are reportedly planning to execute a controversial money transfer to free up tens of millions of dollars to support his expected 2024 presidential campaign.DeSantis, widely considered former President Donald Trump’s top potential Republican primary rival, won his 2018 gubernatorial race and easily clinched reelection in 2022 with the help… […]

People wait in in a queue to enter CityMD, a health clinic that offers coronavirus disease (COVID-19) testing, on the Upper West Side as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 19, 2021. Andrew Kelly | Reuters Walgreens -backed CityMD will pay $12.04 million to settle Covid fraud […]

President Joe Biden and former President Donald Trump 2024. Kevin Lamarque | Jay Paul | Reuters Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Bidenbut he still wants voters to credit his own administration. “Low INSULIN PRICING was gotten for millions of Americans by me, and the […]

An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The ultimate goal: Give more investors easier access to unicorns. “This is a major financial innovation that’s […]

As a dual citizen of the U.S. and the U.K., Maisy Dewey always dreamed of living in London. Her mother is American and her father was born and raised in London. Dewey’s parents lived between London and the U.S. before eventually settling in New Jersey, where she grew up. She and her sisters would regularly […]