The economy added 339,000 jobs in May, an increase from last month’s spike of 253,000, according to the latest jobs data by the Bureau of Labor Statistics (BLS). This growth was driven by professional and business services, government, health care, construction, transportation and warehousing, and social assistance, the BLS said. …

It’s graduation season and college graduates are embarking on a new chapter. If you want to give a present to your college grad experts recommend these money gift ideas.  The Gift of StockUnless your graduate earned a degree in finance, chances are they won’t know much about investing in the…

Shares of semiconductor firms since of the October lows have quietly led the financial markets higher. Buckle up, the best is yet to come. Executives at Taiwan Semiconductor Manufacturing (TSM) announced a week ago that mass production of next generation 3 nanometer chips will begin at its Taiwan campus. These…

Although most Americans are worried about making ends meet in the current high-cost environment, many have prioritized saving more for retirement, a recent survey said.  Inflation and rising costs were why 63% of Americans were concerned about purchasing necessities, such as food and clothing, and 55% were worried about paying…

If you’re in your 20s, it may seem like retirement is a long way off, but experts say putting a retirement plan in place is a smart financial move. “Retirement is the biggest goal that we save and invest for throughout our lives, and it’s important to save for your…

Food prices at the grocery store are rising, interest rates are increasing and inflation remains high. Most American households are facing tough decisions and must re-prioritize spending. In addition to cutting expenses, it’s very important to continue to save where you can, so that you can create an emergency savings…

Artificial intelligence (AI) cost several thousand people their jobs in May, according to Challenger, Gray & Christmas.  In its monthly report released Thursday, the firm said U.S. employers cited AI as the reason for 3,900 of the layoffs, roughly 4.9% of May’s job cuts.Challenger, Gray & Christmas had never had…

JPMorgan Chase COO Daniel Pinto on Friday offered his take on the economy and the direction of U.S. interest rates. Pinto described the economy – both globally and in the U.S. — as “at least for now doing fine,” adding “there is growth” in Europe, America and other parts of…

United Airlines pilots are set to vote on holding a strike as negotiations for better pay and working conditions have moved slowly. The pilots union voted unanimously to authorize a strike vote, Unite Master Executive Council Char Capt. Garth Thompson announced in a letter sent to members Friday.”You’ll receive more…

Costco CFO Richard Galanti said late last month that some customers are switching from buying more expensive meats like steak and beef at the store to cheaper ones like chicken and pork, and even canned products.   Galanti said going back 20 years the company “would see some sales penetration…