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Fidelity reveals massive shift in surprising 401(k), IRA move

A new analysis of retirement savings trends from Fidelity Investments reveals a surprising generational shift toward Roth accounts, alongside record-high individual savings rates. Younger workers are increasingly driving growth in after-tax retirement vehicles, heavily leading a significant surge in Individual Retirement Account (IRA) adoption, Fidelity’s Q1 2026 Retirement Analysis found. The report includes findings on

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Honeywell Aerospace makes strong debut after spinoff

Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at $221.01 last week in when-issued trading, according to Yahoo Finance. The

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Retail giant exits U.S. fashion after multi-million-dollar scandal 

It’s been a while since consumers across America started cutting back on discretionary spending to cope with rising inflation. A March YouGov report reveals that a financial outlook strongly shapes intentions to reduce spending. For example, it explains that consumers who expect their financial situation to worsen are more likely to cut back on clothing

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