US Politics & Business News
Read the latest business news today at Congress.net
A new study from Corebridge Financial reveals that a surprising majority of retirees are actually growing their nest eggs rather than drawing them down. According to the research, 60% of already-retired participants had more money saved now than when they first entered retirement, while 14% had about the same amount. Only about a quarter of…
Vanguard’s annual How America Saves 2026 report reveals that American workers’ retirement account balances climbed to unprecedented levels last year. The average 401(k) balance among Vanguard participants reached $167,970 in 2025, nearly $20,000 higher than the 2024 average of $148,153. The median account balance also rose meaningfully, climbing from $38,176 in 2024 to $44,115 in…
When a parent dies, the division of assets can quickly become a source of tension among surviving family members, particularly when some assets fall outside the estate. A reader recently wrote to MarketWatch’s Moneyist columnist Quentin Fottrell with a question that many families face after losing a loved one. The reader explained that their grandmother…
Early signs of reopening in the Strait of Hormuz have eased the most acute threat to global energy markets, but months of economic pain remain ahead. The U.S. and Iran signed a memorandum to open the strait, ending a war that has upended global energy supply chains, pushed inflation higher, and weakened the outlook for…
When a parent learns their children will inherit an annuity, the financial decisions that follow can feel overwhelming without the right guidance. Annuities left to non-spouse beneficiaries, such as grandchildren, come with specific rules that dictate how and when the money must be distributed. In many cases, inherited annuities require beneficiaries to begin taking distributions…
Nevada’s workforce expanded 1.9% from April 2025 to 2026, outpacing every other state at a time when the national rate grew just 0.2%. That growth is striking given Nevada represents roughly 1% of the U.S. population, yet accounted for about 12% of all new jobs created nationally over those 12 months. Economic leaders say the…
Juneteenth, the federal holiday commemorating the end of slavery in the United States, brings a wide range of closures to financial markets, banks, and postal services this Friday. The holiday marks the events of June 19, 1865, when federal troops arrived in Galveston, Texas, informing enslaved Black people who were among the last to learn…
When people think about fire safety, they often picture sprinkler systems, smoke detectors, alarms, and emergency exits. While these systems play a critical role in protecting lives and property, they are only part of a broader fire prevention strategy. What happens when those systems are temporarily unavailable, under maintenance, or not yet operational? In such…
The United States and Iran signed a landmark memorandum of understanding on Thursday, ending three and a half months of conflict that disrupted global energy markets. The agreement followed weeks of fighting that shut down the Strait of Hormuz, one of the world’s most critical chokepoints for oil and shipping traffic. President Donald Trump, speaking…
Midjourney, the San Francisco-based AI company best known for text-to-image generation, has made a dramatic pivot into medical hardware with a new full-body ultrasound scanner. The company launched its medical division on June 18, 2026, unveiling the Midjourney Scanner, a device it claims will eventually complete a full internal body scan in just 60 seconds….