Top Story
Americans are stressed about retirement. This is the one thing they feel could make it better
Many American workers agree that a specific type of retirement savings plan is the way forward. But not all companies agree.
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U.S. stocks took a breather after recent records, and finished lower on Monday
• Apple was hit with a blockbuster antitrust ruling as E.U. regulators fined the tech titan nearly $2 billion for stifling competition with its restrictive App Store rules, sending its shares 2.5% lower.
• JetBlue and Spirit Airlines officially ended their $3.8 billion merger agreement after losing an antitrust lawsuit, sending JetBlue’s stock 4.3% higher and Spirit’s 10.8% lower.
What to be on the lookout for today
• February ISM Services PMI.
• In earnings, it’s a big day for retail, as Nordstrom, Ross, and Target will report.
Why didn’t they teach us that growing up?
How often have you been in a situation that got you thinking why you didn’t learn about the subject matter in school? Taxes and basic matters of personal finance, often spur those thoughts.
Thankfully there are ways to keep educating yourself well beyond your school days to stay on top of whatever life is throwing at you. Online learning can help you gain new skills that could benefit your personal and professional life.
Financial Planning: There’s a lot they didn’t teach us growing up that’s critical to being a successful adult, such as financial planning. Learning how to create a budget, manage taxes and save for the future can make a huge difference in your personal finances.
Advance your career: Online courses can also help your professional life. Taking relevant classes can help you get into a better position to change jobs or take on new projects.
Today’s top stories
Companies are offering fewer choices. Here’s why Across industries, businesses have been scaling down product variety to focus on top performers and in-store brands. What to know if your favorite products have disappeared off the shelves. Read more >> Economies are relying on migrant labor to thrive Record levels of immigration over the past years have helped countries around the world respond to the labor shortages that got worse during the pandemic. Read more >> What was going on in markets in February? Earnings season was in full swing, AI was the talk of the town, and the S&P 500 rose beyond 5,000 points for the first time in history. Here’s our February market lookback. Read more >>Other news that caught our eye
- Google-backed generative AI startup Anthropic debuted a new chatbot and suite of AI models, which reportedly outperformed OpenAI’s GPT-4 and Google’s Gemini Ultra.
- General Motors recalled more than 800,000 Chevy Silverado and GMC Sierra trucks from 2020-2024 due to a potential tailgate malfunction.
- Google-owned autonomous vehicle company Waymo was approved to operate driverless vehicles in Los Angeles and parts of the Bay Area.
- Apple announced new versions of its MacBook Air laptops with features including a sharper webcam and up to 18 hours of battery life.
Financial planner tip of the day
“According to the CFPB, a characteristic that all financially well people share is that they are committed to learning about how to manage their money. They understand that both the work and education is a continuous process.”
Brian Walsh, CFP® at SoFi