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Fidelity sounds alarm on 401(k)s, IRAs

Millions of Americans who are saving and investing for retirement are actively searching for ways to maximize their money. It’s been my experience, reporting for years on how people engage in this exercise, that those… 

Another legacy bank cuts 777 jobs after major deal

While Wall Street saw a solid start to banks’ first-quarter earnings, a major lender quietly delivered difficult news to hundreds of employees. As large banks pursue mergers, they are also streamlining operations, balancing expansion and… 

GE loses $20B in market cap on earnings

GE Aerospace (GE) just delivered the kind of quarter that usually sends a stock higher. The company beat on earnings, revenue, and free cash flow, and demand remains strong across its core aerospace business. But… 

Target CEO has message customers will love

Target has long positioned itself as a stylish, affordable alternative to big-box rivals. But in recent years, that reputation has taken a major hit.  Slowing sales, shifting consumer behavior, and internal missteps have weighed on…