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387 articles found for "retirement"
Quanta Services reported record Q4 revenue of $7.84 billion and a $44 billion backlog as data centers and AI demand accelerate America's electric grid modernization.
New York Federal Reserve data shows American credit card balances hit a record $1.28 trillion in Q4 2025, up 5.5% year-over-year, as total household debt climbs to $18.8 trillion and the K-shaped economy widens.
DOGE engineered the largest peacetime federal workforce reduction in US history. But government outlays rose by $423 billion in the same period. Here's why cutting workers doesn't cut spending.
Private credit has grown into a $2.1 trillion market as banks retreated from middle-market lending. Major players like Apollo, Blackstone, and Ares are generating 9-12% returns. Here is what individual investors need to know about accessing this asset class.
The Congressional Budget Office projects federal debt will hit 108% of GDP by 2030 and 120% by 2036, surpassing the World War II record. Deficits will total $24.4 trillion over the next decade.
The three-month Congressional moratorium on federal reductions in force expires this week. A Friday court hearing in San Francisco could determine whether mass layoffs resume or are blocked.
Mortgage rates have fallen to 5.85%, the lowest since 2023, active listings are up 10% year-over-year, and homes are taking 64 days to sell. The spring 2026 homebuying season could mark a turning point for buyers.
The University of Michigan consumer sentiment index rose to 57.3 in February 2026 for a third consecutive increase, but gains were driven entirely by consumers with stock holdings while non-investors grew more pessimistic.
Existing home sales fell 8.4% in January to 3.91 million units, the slowest pace since December 2023, with all four Census regions declining as the NAR's chief economist warns of a 'new housing crisis.'
The private credit market has surpassed $2 trillion in assets, rivaling the syndicated loan market in size and projected to reach $4 trillion by 2030 as banks retreat and institutional capital floods in.
The Social Security Administration has shed 12% of its workforce under DOGE-driven restructuring, creating the largest disability claims backlog in a decade and leaving one staffer to serve 1,480 beneficiaries.
A new survey finds 72% of Americans depend on secondary income to make ends meet. The gig economy has reached $674 billion, with the average side hustler earning $12,000 annually and AI skills commanding a 56% wage premium.