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Good evening, sue. Good evening, bill. Im sue herera. Welcome, everybody. Records were set on wall street today. The dow, the s p 500 and the nasdaq all closed at levels theyve never closed at before. The investor came on the eve, as bill mentioned, of the employment report for may. Lets get to the numbers on this first trading day of june. The Dow Jones IndustrialsDow Jones Industrials advanced to 21,144. The nasdaq gained 48. And the s p 500 rose 18. And wall streets enthusiasm was due in part to the latest reports on the labor market. Private businesses added more than 250,000 jobs last month. That was well ahead of estimates. And Payroll Processor adp said the hiring primarily came with companies with fewer than 500 employees. It accounted for threequarters of the jobs that were added in may. And to ....
Power lunch starts right now. All right, welcome, everybody. A big show as you can see. The dow, the nasdaq and the s p 500 are all higher. But is the stock market getting a little too cozy with one likely election outcome . Well tell you why the races you arent watching may be the most important of all. Meantime, the big sectors also higher across the board, health care really the standout, shares of United Health are soaring. Also, look at the semiconductor space. Chip stocks on pace for the best day of the month. Intel, big upgrade. Well tell you about that. Brian, thank you very much. Welcome, everybody. Im tyler mathisen. Here is what else is happening at this hour. Millions of Social Security recipients will get a monthly increase in benefits next year. How big . 3 . That is the fifth year in a row that Older American ....
After they have stopped working or very well, or maybe both. Its the inside story. Welcome to inside story. Im ray suarez. The big retirement account holder vanguard calculates that as of last year, the average worker between 45 and 54 years old, had less than 50,000 in a 401k retirement plan. Think about that. About 15 years away from retirement and enough saved to withdrew just a few thousand dollars a year from savings. Half of workers earning the minimum wage haveless than 10,000 saved up total, and you are not going to retire for very long on that meager amount of money. During the good old days the company made pension contributions, you might have bumped them up, and you got a fixed amount per month, but fewer people work for companies that provided defined benefit pensions. These days you are encouraged to take care of this for yourself, millions using a devise originally meant for highpaid executives in place of an Old Fashion ....
Stopped working or very well, or maybe both. Its the inside story. Welcome to inside story. Im ray suarez. The big retirement account holder vanguard calculates that as of last year, the average worker between 45 and 54 years old, had less than 50,000 in a 401k retirement plan. Think about that. About 15 years away from retirement and enough saved to withdrew just a few thousand dollars a year from savings. Half of workers earning the minimum wage haveless than 10,000 saved up total, and you are not going to retire for very long on that meager amount of money. During the good old days the company made pension contributions, you might have bumped them up, and you got a fixed amount per month, but fewer people work for companies that provided defined benefit pensions. These days you are encouraged to take care of this for yourself, millions using a devise originally meant for highpaid executives in place of an Old Fashioned pension. ....
Stopped working or very well, or maybe both. Its the inside story. Welcome to inside story. Im ray suarez. The big retirement account holder vanguard calculates that as of last year, the average worker between 45 and 54 years old, had less than 50,000 in a 401k retirement plan. Think about that. About 15 years away from retirement and enough saved to withdrew just a few thousand dollars a year from savings. Half of workers earning the minimum wage haveless than 10,000 saved up total, and you are not going to retire for very long on that meager amount of money. During the good old days the company made pension contributions, you might have bumped them up, and you got a fixed amount per month, but fewer people work for companies that provided defined benefit pensions. These days you are encouraged to take care of this for yourself, millions using a devise originally meant for highpaid executives in place of an Old Fashioned pension. ....