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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… 

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… 

Central bankers grow nervous about AI funding

The Bank for International Settlements published its Annual Economic Report on June 28, warning that the AI boom is becoming a source of financial instability. That alone is not surprising. What is surprising is the… 

Redfin sees shift in housing market, home prices

Many potential homebuyers are discouraged as mortgage rates remain in the 6.5% range, and inflation data doesn’t indicate much relief for rates in the near future. However, in my years of reporting on the real…