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As retirement looms, many Gen Xers are still playing catch-up – CNBC

Starty | E+ | Getty Images As older members of Gen X inch closer to retirement, pressures to save for retirement are mounting, especially for those caught between the financial burdens of supporting both aging parents and adult children. Nearly half of Gen Xers, or 48%, say they won’t have enough money to enjoy life […]

Chinese Stocks Climb in Catch-Up Trade on Return From Holidays – Yahoo Finance

(Bloomberg) — Chinese stocks and the domestic yuan rose on the return from the holidays, buoyed by the Chinese government’s supportive policy stance and signs of continued recovery in consumption. Most Read Articles on Bloomberg The CSI300 index rose as much as 1.8% on the first trading day of May, with the information technology and […]

Investors hope for catch-up rally as Chinese stocks reopen – Financial Times

Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Hong Kong’s Hang Seng Chinese Enterprise Index has risen nearly 5% over the past week, raising hopes for a comeback when the mainland’s stock exchange returns from a 10-day Lunar New Year holiday on Monday. Traders and […]

Ether rallies 6% in catchup trade as investors position for January – CNBC

In this illustration taken on June 16, 2023, a representation of the cryptocurrency Ethereum is placed on the motherboard of a PC. Dado Ruvik | Reuters Ether prices soared on Wednesday as investors moved money into the cryptocurrency ahead of a major upside expected in January. According to Coin Metrics, Ether was last up 6%. […]

Apple to spend $1 billion on AI in catch-up move: report

Apple CEO Tim Cook, who was not at the Senate AI Forum, visited Capitol Hill and said artificial intelligence is not a threat to humanity, but an “opportunity.” Apple Inc. was reportedly caught off guard by the rise of generative artificial intelligence tools like OpenAI’s ChatGPT last year, and is now spending $1 billion in […]

Islanders’ Oliver Wahlstrom playing catch-up in return from surgery

Oliver Wahlstrom was breathing heavier than usual Friday night, trying to remain calm amid frustration. Despite Wahlstrom speaking positively a few weeks ago that knee surgery that ended his season early and kept him off the ice for several months helped him mentally and allowed him to reset. Events that occurred proved that this is […]

IRS Pushes Back New Roth 401(k) Catch-Up Rules. What to Know. – Barron's

The Internal Revenue Service has postponed the start date of a new rule that requires high-income earners’ catch-up 401(k) contributions to be deposited into Roth accounts on an after-tax rather than pre-tax basis. Originally scheduled to come into force next year, the changes made under last December’s Secure Act 2.0 have been postponed to 2026. […]

Behind on your retirement savings? Here’s one feature that can help workers catch-up

A study by Voya Financial found that black and Latino employees face a savings gap that can delay or change their retirement lifestyle expectations. (iStock) Voya Financial recently announced that automatic enrollment in workplace retirement plans will help bridge the gaps in benefits and savings that exist among different employee communities. study Said. The study […]