You don’t need to be a ‘Silicon Valley entrepreneur’ to be rich, financial advisor says. Here’s how to retire a millionaire

Key Points

Almost anyone can save $1 million for retirement, according to financial advisors.
There have been thousands of new 401(k) plan and individual retirement account millionaires this year, according to Fidelity Investments.
Starting early is key, advisors say. This lets investors harness the power of compound interest.

Source

Finance

Former Fed Governor Larry Lindsey withdraws name for Fed chair

October 9, 2025

Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source

Finance

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more

October 9, 2025

Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had […]

Finance

Stocks making the biggest moves premarket: Ferrari, PepsiCo, Delta, Akero Therapeutics and more

October 9, 2025

Check out the companies making the biggest moves in premarket trading: Ferrari — The luxury carmaker tumbled nearly 14% after it trimmed its electrification targets . Ferrari said it expects its 2030 sports car model line-up to be made up of 40% internal combustion engine cars, 40% hybrid and 20% fully electric vehicles. That’s down […]