Inflation is the ‘top problem’ facing America, with no other issue coming close, survey shows

A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Amid swelling prices, most Americans see inflation as the biggest issue facing the country — far exceeding other concerns, according to a survey from Pew Research. Some 70% say inflation is “a…

‘Unretiring’? Here’s how to handle your Medicare coverage if you return to the workforce

Blackcat | E+ | Getty Images Retirees on Medicare who are heading back to the workforce may discover they have choices when it comes to their health-care coverage. That is, depending on the size of your new employer, you might be able to pick up the company health plan and drop Medicare — and then…

JetBlue launches hostile takeover bid for Spirit Airlines

In this article JBLU SAVE LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways launched a hostile takeover bid of Spirit Airlines on Monday after that carrier turned down JetBlue’s $33 per share, all-cash offer earlier this month. Spirit rejected the offer to stick with…

$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin from collapse

Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO | Future Publishing via Getty Images Investors have been eager to find out what happened to the more than $3 billion in bitcoin bought up by crypto firm Terra to back its failed stablecoin. Now, they’ve…

Goldman Sachs gives senior managers a new perk: ‘flexible vacation’ policy

David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time as they want. The investment bank told managing directors and partners last…

Here’s how young women are deciding how much to save for retirement

Drakula & Co. | Moment | Getty Images When it comes to retirement planning, earlier is generally better, but several factors affect how much young women are saving, according to financial experts. For retirement planning purposes, the demographic termed “younger women” may include Gen Zers, millennials and some Gen Xers with 20 years or more…

After the ‘hippie’ bus and the Beetle, VW has its eyes on America once again

In this article VOW3-DE As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.”  VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last…

China’s economic data disappoint in April as Covid controls weigh

The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator factory in Hefei, China, about a five hours’ drive from Shanghai. Xie Chen | Visual China Group | Getty Images BEIJING —…

Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts

In this article BA Boeing’s Starliner capsule for the Orbital Flight Test 2 (OFT-2) mission is lifted on top of United Launch Alliance’s Atlas V rocket on May 4, 2022. Frank Michaux / NASA Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a crucial system that has kept the…

Negotiating a job offer works: 85% of Americans who counteroffered were successful. Here’s how to do it

Steve Debenport | E+ | Getty Images When it comes to negotiating a job offer, if you don’t ask — you won’t receive. It turns out many don’t ask, according to a survey from Fidelity Investments. Some 58% of Americans accepted the initial offer at their current position without negotiating, the survey found. Yet negotiating…