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For 36 Years, JPMorgan Chase Has Denied A $331 Monthly Pension To An Employee's Widow. The Sum In Question? 'Only' $53,000

For over three decades, one of America's largest banks, JPMorgan Chase (NYSE:JPM), has refused to pay out a $331 monthly pension to Elaine Silverberg, widow of one of their former longtime employees, according to The New York Post. The publisher recently reported on the ordeal that has left the widow fighting for what should be hers – a battle she has been waging for over 13 years. Don't Miss: According to Vanguard’s Advisor’s Alpha Study, working with a financial advisor can result in approxima

Millennials’ midlife crisis looks different from their parents’ sports cars and mistresses—it’s a ‘crisis of purpose and engagement’

81% of millennials say they can’t afford a midlife crisis, psych study shows.

13 States That Won't Tax Your Social Security, 401(k), IRA, or Pension Income

Your tax bill could be much lower depending on where you retire.

Starbucks chairman emeritus Howard Schultz’s advice for young people: ‘You would benefit from working at a company’ before starting your own

The coffee billionaire says there’s value in pursuing the practical before following your dreams.

Florida now has 4 of the top 10 American cities where home prices are plummeting the most

Prices in some pandemic boomtowns have fallen sharply

10 Things the Middle Class Won’t Be Able To Afford in Less Than a Decade

In a world where the financial landscape is constantly shifting, the American middle class often finds itself in a precarious position. Find Out: 4 Secrets of the Truly Wealthy, According to Dave...

Apple Intelligence Arrives Next Week Heres How To Get It

Stock market today: Dow leads stocks down as rally takes a break before CPI report

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

Crypto surge partially reflects less trust in government: Economist Judy Shelton

Former Federal Reserve nominee Judy Shelton strikes a bullish tone on crypto versus the dollar.

Anheuser-Busch InBev CEO: Bud Light sales are stable

Anheuser-Busch InBev CEO Michel Doukeris says Bud Light is stable and the focus is now on zero-alcohol beers.

Macy's CEO: Department stores can be repositioned as a marketplace

Macy's CEO is ready to make the 166-year-old retailer part of the everyday shopping experience.

Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO

A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.

Boeing stock slides as company posts sharp decline in October deliveries due to strike

Boeing delivered just 14 planes in October as a worker strike by its biggest union hampered the aerospace giant's production.

CEO of Neuralink rival on the future of brain computer tech

Michael Mager of Precision Neuroscience, a brain implant startup rival to Elon Musk's Neuralink, sounds off on the future of brain-computer interfaces.

Cadillac execs are betting the 'baby Escalade' Vistiq will maintain its strong EV momentum

GM’s Cadillac took the veil off its latest creation, the Vistiq three-row EV SUV. The luxury brand is betting another addition to its EV lineup is what its high-income buyers are looking for.

Tesla stock to settle after recent surge: Nuveen CIO

Is Tesla's recent run-up sustainable?

Any inflation surprises might give Fed 'pause' about cutting in December: Kashkari

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises "to the upside" over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.

Bank of America CEO: Federal Reserve should remain independent

Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.

Novavax stock plunges after quarterly earnings, but company sees hope in licensing deals

Novavax sees Sanofi deal as path forward for company into profitability.

Gas prices will drop below $3 before Thanksgiving, analyst says

November is usually a weak month for gas consumption, OPIS global head of energy analysis Tom Kloza said.

Cheap, pre-owned EVs are about to flood the market. Is that a good thing?

The electric vehicle market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, consumer research firm J.D. Power projects that a massive amount of EVs returning off leases in the US will provide a large supply of EVs for sale.

Inflation 'unlikely to show much progress' in October as Fed debates year-end rate cuts

October's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.

Apollo CEO Marc Rowan: Elon Musk represents wholesale change, and the US needs it

Apollo co-founder and CEO Marc Rowan weighs in on the incoming Trump administration.

Trump’s deportation plan will be very pricey

Expelling millions of migrants could cost hundreds of billions of dollars and leave the economy worse off.

Wall Street is bullish about bigger bonuses again

Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.

How 'all types' of small businesses can land lucrative government contracts

For many small businesses, landing a contract with the United States government seems nearly impossible. But it actually may be easier than one might think.

Netflix ad tier reaches 70 million monthly active users

The metric increased 75% from the 40 million users the company disclosed in May.

Rents fell 0.6% in October, new data shows

Rents ticked down in October from the prior month as the supply of apartments coming onto the market outpaces demand.

The FOMO market is back: Morning Brief

The recent surge in stocks is absolutely explained by the Trump trade. But it's not the only thing going on: There are other reasons why the FOMO trade is back.

Trump 1.0 was as tough on M&A as Biden. Trump 2.0 may not be different.

The business world is expecting M&A to loosen up under President Donald Trump. It could be in for a surprise — if history is any guide.

Why GOP Senate leader hopefuls might want to avoid talk of new Trump tariffs

The contest to be the face of Senate Republicans is coming to a head this week. One issue contenders might want to avoid during the final stretch is Trump's ambitious tariff plan.

Stock market today: Dow, S&P 500 close above key milestones as Tesla, bitcoin surge

Markets still appear upbeat about the prospect of a Trump presidency, though thoughts are turning to consumer inflation data on the horizon.

S&P 500 seen reaching 10,000 by end of decade, spurred by 'animal spirits'

Strategists are growing increasingly positive about the outlook for stocks in Donald Trump's second term as president.

Bitcoin reaches record high of $87,000 as crypto, Trump trades dominate stock market

Bitcoin and cryptocurrency related stocks have soared since Donal Trump won the presidential election on Nov. 6.

DJT stock continues rally after Trump announces 'no intention' to sell shares

Trump Media & Technology Group stock extended gains on Monday after a 15% pop on Friday. The surge followed the president-elect's announcement he had no plans to offload any of his shares in the company.

Tesla stock soars 9% as Wall Street grows more bullish after 'game-changer' election

Tesla stock surged for a fifth straight session on Monday as the company continues to benefit from its CEO's relationship with President-elect Donald Trump.

Biden's worst gamble? Backing student debt forgiveness

Fifty-seven percent of 2024 voters were non-college grads. They can rightly ask, what did Joe Biden or Kamala Harris do for me?

Trump likely to roll back but not dismantle Biden's clean energy spending

President-elect Trump has previously slammed Biden's signature Inflation Reduction Act. But pressure from GOP lawmakers, whose districts have benefited from clean energy investments, suggests the law is more likely to be stripped down than repealed.

The House may soon belong to the GOP. Here's what party leaders say they'll do first.

The House of Representatives is likely to again be under GOP rule next year, cementing a unified control of power across Washington in 2025.

Trump’s bitcoin superpower promise may help Nvidia: Tech investor

A new bull run in bitcoin could benefit mining plays such as Nvidia.

Inflation and retail sales data greet a roaring stock market rally: What to know this week

A key inflation reading is set to greet investors amid a roaring post-election rally in markets.

Trump 2.0 complicates Jay Powell's rate path at the Fed

Many economists are already scaling back their expectations for the number and pace of Federal Reserve rate cuts next year on account of policies expected from a new Trump administration.

Trump’s presidency carries plenty of market risk, experts warn

Despite the market's risk-on rally following Trump's win, experts warn Trump's economic policies could pose a risk to the market’s momentum and temper rate cuts from the Fed.

Policymakers don't want to tank the stock market

The strength of the market response has arguably been at odds with what many economists consider the prospect of worse economic policies under President-elect Trump.

Commentary: One of the biggest election factors is also one of the most misunderstood — inflation

About half of Donald Trump's voters cited high prices as the biggest issue affecting their vote. But they may have been blaming the wrong culprit.

This week in Bidenomics: See ya!

The Biden economy is over. Whether Trump can do better is a 50-50 proposition.

What Trump's second term could mean for student debt

The student loan forgiveness efforts spearheaded by the Biden administration face an uncertain future in Donald Trump's second term.

Trump presidency likely won't be a problem for Nvidia's stock

Nvidia after Trump takes the White House may look just like Nvidia before Trump took the White House.