Starbucks Leads Business Opposition to Pro-Worker Labor Board
The coffee chain asked the Supreme Court to limit the NLRB, as SpaceX, Amazon and others take swings in additional disputes.
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings and Social Security will cover his living expenses.
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
NEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending. "I think higher taxes are likely," he said on Saturday at Berkshire Hathaway's annual shareholder meeting in Omaha. The Congressional Budget Office has estimated in its latest long-term budget projections federal deficits will rise to 8.5% of gross domestic product in fiscal 2054 from 5.5% in fiscal 2024.
Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators said.
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.
Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefighters' union failed to deliver an agreement on wages. The company said Saturday that it locked out about 125 firefighters and a facility about 170 miles (275 kilometers) away in central Washington. The firefighters serve as first responders to fires and medical emergencies and can call in help from local fire departments.
The S&P 500 performed exceptionally well during Donald Trump's last presidency, but the future looks bright for investors regardless of who wins the election.
Glenn Fogel, chief executive officer at Booking Holdings Inc., discusses growth expectations after beating first-quarter estimates, travel destinations and alternative accommodations. He speaks on "Bloomberg Markets."
The latest jobs report shows the labor market is still strong, but some workers say they’ve been forced to take jobs that pay almost half what they earned before.