Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this lucrative benefit to their workers #business

Americans trying to save some cash for unforeseen expenses are up against a lot — months of red-hot inflation, wages that don’t keep up, the sheer difficulty of delayed gratification in a time when people spend billions of dollars online in one day. It’s hard to put money aside for a rainy day. Indeed, personal-finance […]

Second-Largest U.S. Pension Buys Up Rivian, Snowflake, Airbnb, and Noble Stock #business

America’s second-largest public pension by assets recently increased its investments in some of the market’s more volatile stocks. The California State Teachers’ Retirement System doubled its stakes in electric-truck maker Rivian Automotive (ticker: RIVN) and offshore energy driller Noble (NE) in the third quarter. It also bought more shares of the cloud software company Snowflake […]

Employers Rethink Need for College Degrees in Tight Labor Market #business

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More people use ‘buy now, pay later’ for holiday shopping, but experts say that’s a double-edged sword #business

Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain economic environment, a more cautious consumer is embracing more flexible ways to manage their budget,” Adobe ADBE, the software and market-research company, said in a report […]

Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity. #business

A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Chase may see an opportunity. The U.S. Patent and Trademark Office on Nov. 15 approved a trademark for “J.P. Morgan Wallet,” positioning the largest […]