S&P 500 finishes above 5,000 for first time
From Fortune: Gains for U.S. stocks sent Wall Street to a record milestone and winning week to finish out February.
Category: Finance
Policy changes look to reduce 401(k) plan ‘leakage’
From NBCUniversal: 1. $92.4 billion leaks from US retirement accounts annually as workers cash out their 401(k) plans. Some concerned
AI’s winners and losers have a historical precedent: The canal boom of the 18th century
From Fortune Magazine: Wall Street has been influenced by the hype surrounding artificial intelligence, with tech leaders like Microsoft and
Millennials are going from ‘hustle culture’ strivers to burned-out middle managers
From Fortune Magazine: Millennials continue to feel the burn of workplace dissatisfaction years after being stereotyped as go-getters. Job satisfaction
Puma betting on Africa’s Gen Zers and ‘casualization’ to boost growth
From Fortune: African Brand Growth Puma is targeting the African continent, where its revenue has more than tripled in three
Cocoa, chocolate prices soar to record highs on El Niño, climate change
From Fortune: Cocoa prices have reached record highs and significant chocolate producers are raising the alarm in preparation for a
Vice President Kamala Harris joins messaging platform Community
From Fortune: Vice president Kamala Harris has joined the SMS marketing platform Community, where she can connect with the public
Chip Wars heat up as Biden subsidies poised to make impact
From Fortune: American semiconductor manufacturing decreased despite the $53 billion CHIPS and Science Act signed by President Joe Biden. However,
5 Best Money Market Accounts of 2024
From Money Magazine: With a competitive APY and no minimum deposit requirement for opening an account, Ally Bank’s money market
Gen Z drives NYC apartment vacancy rates to historic low of 1.4%
From Fortune: Gen Z is flocking back to NYC post-pandemic, leading to a historic housing shortage. The city now has
Millennials, Gen Z Wealth Is Increasing Faster Than Boomers
From Money Magazine: Millennials and adult Gen Zers once held under 5% of total U.S. wealth but now are gaining
What careers are available studying computer science?
From Fortune: As the field of computer science continues to grow, so do the career opportunities within it. Tech salaries
We’re starting to feel the global ripple effects of China’s property crisis
From fortune: Chinese investors and creditors are selling real estate worldwide to raise cash amidst property crisis. Market freeze could
JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in 2023
From CNBC: The three biggest American retail banks, JPMorgan Chase, Wells Fargo, and Bank of America, reported a combined $2.2
Joe Biden confuses Mexico, Egypt while defending his memory
From Fortune: President Joe Biden held a press conference to dispute claims about his mental acuity. His statements were marred
Hermès, maker of Birkin and Kelly bags, sees 21% sales growth in 2023
From Fortune: Luxury sales slowed mid-last year, then bounced back, while Gucci-owner Kering struggled to grow. However, Paris-based Hermès beat
Gen Z grad with two degrees breaks down in tears sharing the responses she received from minimum wage employers after handing out her resume in New York
From Fortune Magazine: Gen Z grad goes viral on TikTokfor job-hunting breakdown. Despite 2 degrees, 26-year-old Lohanny Santos is struggling
Remote work jobs are disappearing before our eyes
From Fortune: Remote jobs are becoming harder to find as bosses mandate a return to the office. The U.S. trails
Biden administration may restrict imports of Chinese EVs and their parts no matter where they are built
From Fortune: The Biden administration considers new restrictions on imports of Chinese smart cars and related components to address data
How beer, wine and spirit brands are getting ready for sober-curious GenZ
From Fortune Magazine: Their role as Gen Z drink gurus is to figure out how legacy alcohol brands can entice
21 million Indonesians will go online by 2027, lowering digital divide: Indosat CEO
From Fortune: 1. Indonesia is working hard to expand internet access across 17,000 islands, but the investment thus far has
West Virginia Gov. Jim Justice fights bank seeking to auction off his resort property
From Fortune: Attorneys for the family of West Virginia Gov. Jim Justice have filed a complaint to block Virginia bank
Evergrande liquidation: Western hedge funds shocked by liquidation
From Fortune: China Evergrande Group had a massive $19 billion in defaulted offshore bonds and $242 billion in assets. But,
NFL succession: Billionaire families’ tax concerns bring private equity plan
From Fortune Magazine: When she was nine years old, Virginia McCaskey attended the first NFL playoff game, at Chicago Stadium
AI-related layoffs number at least 4,600 since May: outplacement firm
From Fortune Magazine: UPS CEO Carol Tomé claimed that new technologies including AI contributed to the company’s largest layoffs in