Saving for retirement requires looking at the big picture, but it can be dispiriting when your 401(k) or other retirement plan takes a beating — a common plight for American workers last year, according to new data from Fidelity. The average balance in a 401(k) plan tumbled 20.5% in 2022, …
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Hair care brand Olaplex released the results of tests it says show that its products are safe to use after a group of consumers sued the brand, claiming its shampoos and conditioners cause hair loss and other injuries. On Wednesday, the company posted the outcomes of third-party lab tests the company …
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Ira “Bob” Born, a candy company executive known as the “Father of Peeps” for mechanizing the process to make the brightly colored marshmallow chicks, has died, according to the Lehigh Valley News. He was 98. Born was born in New York City on Sept. 29, 1924. His father, Sam Born, …
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Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. The tech giant on Monday described its new agreement as the third stage of a growing partnership with San …
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FTX Arena, the sports stadium in South Florida that the NBA’s Miami Heat calls home, will now be called Miami-Dade Arena, the team said Friday. The change comes just days after U.S. Bankruptcy Judge John Dorsey ruled in favor of Miami-Dade County, which had asked to have FTX’s name stripped from …
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Delta Air Lines will provide free Wi-Fi service on most of its U.S. flights starting in February. The airline said Thursday that by the end of the year it will outfit more than 700 planes with high-speed, satellite-based broadband service from T-Mobile and plans to expand free Wi-Fi to international …
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Many of the nation’s lowest-paid workers are set to get a raise. The minimum wage is increasing on New Year’s Day in 41 cities — 28 of them in California — and 23 states. Later in 2023, another five states and 22 cities and counties will hike their baseline rate, …
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Sam Bankman-Fried arrived at a courthouse in the Bahamas early Monday and is expected to tell a judge he will not fight extradition to the U.S., where he faces multiple criminal and civil charges related to the collapse of cryptocurrency exchange FTX. The decision comes just a week after Bankman-Fried’s …
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Hertz said it will pay roughly $168 million by the end of the year to settle the majority of the lawsuits brought against the rental car company by some of its customers who were wrongly accused of stealing cars they had rented. In April Hertz CEO Stephen Scherr, who took …
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Pilots at Delta Air Lines voted to authorize union leaders to call a strike, but it might be a largely symbolic gesture as hurdles remain before the pilots can legally walk off the job. The Air Line Pilots Association said Monday that 96% of Delta pilots took part in the …
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