How much Americans saved in their 401 (k) at each age

[ad_1] While young people entering the workforce may think they don’t have to worry about saving for retirement later in life, the sooner you start saving for retirement the better. If your business offers a 401 (k) plan, this can be an easy way to start saving for the future, even if you’re starting out … Read more

UPDATE 1-Biden Rushes To Address Global Computer Chip Shortage Via Latest Executive Order

[ad_1] By Nandita Bose, Steve holland (Add potential actions to increase chip supply) WASHINGTON, Feb.24 (Reuters) – President Joe Biden will sign an executive order on Wednesday to address a global semiconductor chip shortage that has forced U.S. automakers and other manufacturers to cut production and alarmed the White House and members of Congress, administration … Read more

Housing market concerns are starting to emerge

[ad_1] Home Depot (HD) reported income and sales that exceeded Wall Street forecasts on Tuesday. Lowe’s (LOW) Also reported better-than-expected earnings and sales on Wednesday morning, and CEO Marvin Ellison said in a statement that sales increased on “widespread demand driven by continued consumer attention to the home.” Still, rising interest rates could eventually be … Read more

MicroStrategy buys over $ 1 billion worth of bitcoin, adding to massive holdings

[ad_1] MicroStrategy said on Wednesday it had purchased just over $ 1 billion in additional bitcoin, just days after finalizing another convertible debt sale. The Virginia-based enterprise software company said it paid an average price of $ 52,765 per bitcoin, including fees and other expenses. Its acquisition of around 19,452 bitcoins brings MicroStrategy’s total holdings … Read more

Fry’s Electronics suddenly ceased operations

[ad_1] The company, which had 31 stores in nine US states, said in a statement on its website that it “has made the difficult decision to shut down operations and shut down permanently” because of changing shopping habits. consumer purchasing and the current Covid-19 pandemic. . Based in San Jose, California, the privately held company … Read more

IATA app could restart international flights without quarantine

[ad_1] People wait for passengers in one of the international arrivals halls at London Heathrow Airport in west London on February 14, 2021 JUSTIN TALLIS | AFP | Getty Images A new app, due to launch in a few weeks, could mark the first step in resuming international travel without quarantine. The International Air Travel … Read more

“ If we had had a lot more wiggle room, we probably would have let things go on, ” Robinhood’s Tenev told Dave Portnoy

[ad_1] It’s hard to find two people who better embody the retail boom than Vlad Tenev, the co-CEO of popular online broker Robinhood, and Dave Portnoy, the headstrong founder of Barstool Sports who started investing when the COVID pandemic hit. -19 stopped the world of sport. Portnoy interviewed Tenev on Tuesday evening, on GameStop GME, … Read more

Futures contracts trade cautiously higher despite inflation concerns

[ad_1] Keith Fitz-Gerald, Director of the Fitz-Gerald Group, and Erin Gibbs, President of Gibbs Wealth Management, discuss the state of the markets today. US equity futures are traded cautiously, looking for direction. The main forward indices suggest a gain of 0.1% at the opening. GET FOX BUSINESS ON THE ROAD BY CLICKING HERE Shares fell … Read more

Bitcoin (BTC) climbs back above $ 50,000 after more Square purchases

[ad_1] The price of the Bitcoin virtual crypto currency is displayed on a phone screen in this photo. STR | NurPhoto | Getty Images Bitcoin’s price rebounded on Wednesday after a sell-off, climbing again above $ 50,000 as Square announced that it had bought $ 170 million worth of cryptocurrency. At 4 a.m. ET, the … Read more