Don't Have a 401(k)? Trump Executive Order Aims to Increase Access for Workers Without Retirement Accounts
Credit: Andrew Harnik / Staff
Key Takeaways
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President Trump signed an executive order directing the Treasury to create a government website for workers without employer-sponsored retirement plans to access low-cost IRAs.
‘You will lose your credibility’ if you cut interest rates, billionaire Ray Dalio tells Trump’s Fed chief pick as stagflation may be here already
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination.
In a recent CNBC interview, President Donald J. Trump said he would be disappointed if Kevin Warsh, his pick to take over from Jerome Powell as Fed Chair,
Read MoreStock Market Today, April 30: Aurora Innovation Jumps on Hirschbach’s 500-Truck Autonomous Freight Plan
Aurora Innovation
Today’s Change
(15.52%) $0.79
Current Price
$5.88
Key Data Points
Market Cap
$10.0B
Day’s Range
$5.13 –
Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remains
WASHINGTON (AP) — President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks.
For the first time in almost five decades,
Read MoreAmazon (AMZN) Ranks Among the Best American Tech Stocks to Invest In
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
» Read more about: Amazon (AMZN) Ranks Among the Best American Tech Stocks to Invest In »
Read MoreThe Burst
Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now?
Shares of space vehicle launch company Rocket Lab (NASDAQ:RKLB) have been through a wild ride over the last year. On a 12-month basis, the company’s stock has risen by over 340 percent on extremely strong growth and improving fundamentals.
On a 30-day basis, however, RKLB shares have lost almost 30 percent of their value.
» Read more about: Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now? »
Read MoreThe Ivy
Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
» Read more about: Why Stanley Druckenmiller Dumped AI Darling Palantir »
Read MoreThe Spotlight
Stagflation Is Here to Stay, How To Invest?
Back in the 1970s when stagflation took hold the world looked a whole different than it does today. Landlines have been replaced by mobile phones. TVs have been replaced by streaming apps. Records have been replaced by Spotify. But one thing that hasn’t changed is the definition of stagflation, a period where inflation rises at a more rapid pace than the economy.
» Read more about: Stagflation Is Here to Stay, How To Invest? »