63% of young adults believe the stock market is a great place to build wealth and invest, but many are not participating, per CNBC. Despite earning more, many Gen Z adults and millennials are struggling to find room in their budgets to invest. According to the latest Youth & Money

How has the economy managed to avoid recession despite high inflation and interest rates? Most Americans, especially younger ones, aren't worried about losing their jobs. "It has been a very long time since workers were worried about the labor market," wrote U.S. economist Thomas Simons

Renting is now cheaper than owning in all of America’s 50 biggest metro areas, per MW. In its February monthly rent report, the company found that it's more affordable to rent than to buy a home in all of the top 50 metro areas in the U.

BlackRock, $BLK, CEO Larry Fink has called for the government and private sector to coordinate to ensure Americans have enough money to retire. The "LifePath Paycheck" will launch in April, with 14 retirement plan sponsors aiming to make it available for 500,000 employees in defined contribution plans.

Trader Joe's has increased the price of bananas for the first time in more than two decades — the price is now 23 cents apiece up from the 19-cent price set in place in the early 2000s, per Axios. Trader Joe's recently increased the price of a

Stock valuations mirror the extremes of 1929 and the market is at risk of a steep crash, investor John Hussman has said. Stock valuations are reaching extreme levels reminiscent of those seen before the crashes of 1929 and 2021, signaling a potential steep decline, according to John Hussman. The renowned

Apple's, $AAPL, iPhone shipments in China fell about 33% in February from a year earlier, per Bloomberg. Government data revealed that foreign smartphone brands shipped approximately 2.4 million units last month, a decrease attributed to the later timing of the Lunar New Year. Apple dominates these shipments,

Leaked document shows Amazon, $AMZN, expects to save $1.3 billion by slashing office vacancies and terminating leases early. Amazon is reducing its office space by allowing certain leases to naturally expire, halting the use of some office floors, and negotiating early lease terminations for some buildings, according to a

The Biden Administration will provide a $1.5 billion loan to restart a nuclear power plant in Michigan, which would be the first time a nuclear plant has been re-opened in the United States. Holtec International, which acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it, is

Ozempic could be profitably produced for less than $5 a month even as maker Novo Nordisk charges almost $1,000 in the US. Ozempic could be manufactured for less than $5 a month, even with a profit margin, while Novo Nordisk A/S charges nearly $1,000 in the US,

FTX founder, Sam Bankman-Fried, SBF has been sentenced to 25 years in prison. The sentence in Manhattan federal court was shorter than the 40 to 50 years in prison sought by federal prosecutors but longer than the five to six-and-a-half years suggested by his lawyers. “There is a risk that

Argentine President Javier Milei plans to fire 70,000 government workers in the coming months as part of his strategy to reach a fiscal balance at any cost this year, per Bloomberg. Aside from the job cuts, Milei proudly announced on Tuesday at an event that he has halted public

President Joe Biden has agreed to ban US embassies from flying the LGBTQ pride flag as part of a $1.2 trillion spending deal to keep most US government agencies open through Sept. 30. President Joe Biden has agreed to a provision in a $1.2 trillion spending deal that

The Baltimore bridge collapse is set to disrupt global trade, including metals, fossil fuels and grains. The collapse of a major bridge in Baltimore on Tuesday is expected to halt the port’s coal exports for up to six weeks, potentially obstructing the transport of around 2.5 million tons

The Institute for the Study of War suggests that Russian President Vladimir Putin's efforts to revive the Russian economy are not solely about funding the country's war on Ukraine. According to a report by the ISW on Wednesday, several Russian financial, economic, and military indicators indicate

The Federal Reserve saw a net negative income of $114.3 billion in 2023, a record loss. Last year, the Federal Reserve reported a loss following a net income of $58.8 billion in 2022, according to audited figures released by the Fed. Despite the loss, the Fed emphasizes that

Global oil consumption is surging, surpassing expectations and raising doubts about when peak consumption will occur. At the CERAWeek by S&P Global conference in Houston, industry leaders expressed confidence in rising oil demand, despite the growth of electric vehicles and renewable energy. Many attendees believe that oil consumption

Fidelity Investments, which manages $4.5 trillion in assets, has filed an S-1 Form with the SEC for an Ethereum exchange-traded fund (ETF) that includes staking capabilities. After the success of bitcoin ETFs, many expected major players like Fidelity to offer an Ethereum ETF. The asset manager first filed for

Two Democrats have introduced the Shrinkflation Prevention Act to the House of Representatives. Today, Representatives Chris Deluzio (PA-17) and Marie Gluesenkamp Perez (WA-03) introduced the Shrinkflation Prevention Act, a bill aimed at preventing corporations from deceptively reducing the sizes of their products without lowering prices accordingly. Shrinkflation, which often goes