Finance

Work at a small employer? You likely pay high 401(k) fees
Finance

Work at a small employer? You likely pay high 401(k) fees

Yongyuan | E+ | Getty Images Workers who save in a 401(k) plan offered by a small business pay fees that are twice as high as those paid by employees who work at the largest companies in the U.S. The smallest workplace retirement plans (those with less than $25 million in aggregate savings) charge total […]

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Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys
Finance

Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys

Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in […]

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Stocks making the biggest moves in the premarket: Airlines, Coupa Software, GitLab and more
Finance

Stocks making the biggest moves in the premarket: Airlines, Coupa Software, GitLab and more

Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and Southwest added 2.9%. All three airlines raised their revenue outlooks, saying air travel is rebounding from the earlier slump induced by […]

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China’s Covid spike worsens: Dongguan factory center locks down, new cases top 3,500 nationwide
Finance

China’s Covid spike worsens: Dongguan factory center locks down, new cases top 3,500 nationwide

Aerial view of people queuing up for COVID-19 nucleic acid testing on February 26, 2022, in Dongguan, Guangdong province. Vcg | Visual China Group | Getty Images BEIJING — China’s worst Covid-19 outbreak since the initial wave of the pandemic worsened Tuesday with a major factory city ordering production halts. Recent outbreaks in 28 provinces […]

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