Day: December 26, 2024
A look back at U.S. airlines’ wild 2024: From door plugs to bankruptcy, an IT meltdown and a merger
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 […]
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More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage
Key Points About 93% of 401(k) plans offer a Roth savings option to workers, up from 62% a decade ago, according to the Plan Sponsor Council of America. A law known as Secure 2.0 is expected to make Roth 401(k) accounts more prevalent. Choosing between Roth and pretax savings is essentially a tax bet. Source
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Dow futures fall more than 100 points the day after Christmas: Live updates
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures fell in morning trading Thursday as the market is set to give back some of the gains during the holiday week. Futures on the Dow Jones Industrial Average fell 150 points. S&P 500 futures dipped […]
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Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom
Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained […]
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World Bank raises China’s GDP forecast for 2024, 2025
Densely built residential apartment developments near the Kangbashi New District of Ordos City, Inner Mongolia, China, on Aug. 16, 2011. Qilai Shen | Corbis Historical | Getty Images The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, […]
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Japan’s budget to hit record, but with reduced new bond issuance, Reuters reports
Pedestrians walk past the Finance Ministry building in Tokyo March 13, 2009. Toru Hanai | Reuters Japan’s government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s heaviest debt, a draft seen by Reuters showed. The 115.5 trillion […]
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