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Is it curtains for COLA? Saving Social Security could mean changing the cost-of-living adjustment.0:11 Several proposals consider changing the way retirees receive inflation protection. Here’s what it could cost you. We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?23:08 “Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.” My wife cried when I found out she had only $80,000 in her 401(k). I have $2.2 million. Am I wrong to be shocked?23:08 “When I brought up retiring last spring, she said she was ready whenever I was, and I took that to mean we were in good shape.” Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores22:05 The fast-casual chain says menu-price increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack more protein into their diets. Vertiv earnings just sent an upbeat signal about AI ahead of Big Tech results22:05 The AI infrastructure company beat sales expectations by the widest margin in more than five years and raised its capex outlook. Micron’s stock rises after SK Hynix earnings. Here’s its next major test.22:05 Samsung’s results are the next big barometer for a memory-chip trade that’s springing back from recent lows. ServiceNow’s stock slides as earnings miss clouds a raised AI outlook21:33 Even with an uptick in multi-million-dollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.21:02 Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. |
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