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KQED Nightly Business Report July 14, 2024

Stocks fell,n weighed d two prominent blue chip companies. Apple and boeing. Investors also spent the trading seion trying to figure out what the central bank will likely do following t strong jobs report that we told you about on friday. Well have more on that in just a moment. But first, the closing numbers. The Dow Jones Industrial average dropped 115 points to 26,806. Ase nasdaq down 63 and the s p 500 sli 14. Lets start with apple. It was the worst performing dow stock today after analysts at rosenblat securities downgraded shares to a sell. They cited the weakening demand for apples flagship iphone especially in china and also the potential for slower Service Revenue growth. E calling what they called fundamental deterioration in the sck over the next 6 to 12 months, and shares of apple finished 2 lower in todays session. And now to boeing which ovec the weekendv ....

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This economist says 401(k)s tend to benefit the richest Americans — here's how to make yours work for you

This economist says 401(k)s tend to benefit the richest Americans — here's how to make yours work for you
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U.S. TikTok ban is full of contradictions

It's easy to poke holes in the U.S.'s justification for the ban and Beijing's criticism of it. ....

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401(k) creator Ted Benna talks retirement legacy

The future of retirement, the surprise hit of 401(k)s The popular retirement vehicle has some downsides, according to its inventor. ....

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401(k) inventor Ted Benna talks downsides of retirement vehicle

Ted Benna says retirement vehicle most popular with Americans isn't right for everyone. ....

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