published May 12th 2017, 7:30 am, by Suzanne Woolley (Bloomberg) —Automation, that demon of American job security, may be the patron saint of retirement savings. The average balance in a 401(k) defined-contribution account at Fidelity Investments hit a record $95,500 in the first quarter, up more than 9 percent from a

published May 14th 2017, 11:38 am, by Kanga Kong (Bloomberg) —North Korea fired a ballistic missile early Sunday, its seventh such test this year, just days after South Korea elected a president who vowed to engage with Kim Jong Un’s regime. The missile was launched at 5:27 a.m. from the western

published May 11th 2017, 5:29 pm, by Sarah Mulholland and Caleb Melby (Bloomberg) —The company belonging to Jared Kushner’s family is pulling out of a presentation to investors in China following criticism that his sister invoked his work for his father-in-law, President Donald Trump, in a similar pitch last weekend.

published May 11th 2017, 9:35 am, by Lu Wang (Bloomberg) —Things are looking great for equities. Right? Before today’s plunge, hardly a day went by without another record. The S&P 500 Index has closed at an all-time high 16 times in 2017, its 7 percent advance through Wednesday led by

published Apr 5th 2017, 5:00 am, by Suzanne Woolley (Bloomberg) —“You know in your heart of hearts that when the account balance hits zero, the girlfriend is gone,” says Wendy Johnson. Johnson has been investigating suspicions of financial abuse of the elderly for six of her nine years on U.S. Bancorp

published May 10th 2017, 7:16 pm, by Chris Strohm (Bloomberg) —The Trump administration began its search for a replacement for ousted FBI Director James Comey while fending off questions about the president’s abrupt decision to fire the nation’s top law enforcement officer. President Donald Trump planned to meet Wednesday with

published May 10th 2017, 8:53 pm, by Adam Haigh (Bloomberg) —Asian stocks advanced as global equities remained at record levels and a rebound in oil boosted energy producers. The New Zealand dollar declined after the nation’s central bank said it will keep rates at a record low for an extended

I have been thinking a lot about languages lately. I have Our Daily Bread‘s app on my phone and in addition to giving you a short devotional, they also have a section entitled Bible in One Year where they give a couple chapters a day so you can say that

published May 8th 2017, 1:18 pm, by Joe Light (Bloomberg) —Fannie Mae and Freddie Mac may soon begin to provide financing for buyers of manufactured homes, according to draft plans released on Monday. The move is part of an effort by the mortgage-finance giants to ease burdens on low-income borrowers, many

published May 9th 2017, 1:55 pm, by Laura Litvan and Steven T. Dennis (Bloomberg) —Senate Republican leaders are starting what’s shaping up to be a secretive process to write their version of an Obamacare overhaul — even after some GOP senators complained that the House devised sweeping health-care legislation behind