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It's time to boost 401(k) plan contributions for 2025 — here's how much more you can save
If you’re feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025. Here’s what to know.
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Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
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While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.
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Why it's time to tweak your investments after lofty stock returns in 2024
Investors may need to tweak their portfolio holdings following a 23% gain in the S&P 500 index in 2024.
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What borrowers need to know about student loans before the White House transition
As President-elect Donald Trump heads back to the White House, student loan borrowers may be bracing for change.
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GM, Ford report best annual U.S. sales since 2019
Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019.
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House speaker vote: Mike Johnson on track to fail to get majority on first ballot
Republicans, who hold a slim majority of seats in the House, twice in the past two years have struggled to reach a consensus on who should be speaker.
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U.S. surgeon general calls for cancer risk warnings on alcohol labels
The U.S. surgeon general on Friday issued a new advisory on the link between alcohol consumption and increased cancer risk.
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JetBlue fined $2 million by DOT for ‘chronically delayed flights'
The Department of Transportation said its $2 million fine against JetBlue was the first of its kind for chronically delayed flights.
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Ukraine's halt of Russian gas to Europe throws breakaway Moldovan region into crisis mode
Moldova’s Transnistria region has been thrust into an energy crisis following the termination of a gas transit agreement between Russia and Ukraine.
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Rivian meets its 2024 vehicle production target after lowering projections
Rivian on Friday said it produced 49,476 electric vehicles last year.
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Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
U.S. Steel’s stock opened down more than 7% in trading Friday following the president’s announcement.
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Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.
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To be successful in 2025, a therapist says do these 5 things: It works ‘any time of year'
To shift from ineffective resolutions to meaningful manifesting any time of year, says psychotherapist Chamin Ajjan, follow these practical tips.
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5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day.
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Trump says Britain is ‘making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to “open up” the North Sea and get rid of “windmills.”
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Treasury yields rise slightly as investors weigh economic outlook for 2025
U.S. Treasury yields were modestly higher on Friday as investors considered the economic outlook for the new year amid a quiet trading week.
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CNBC Daily Open: New year, old problems for stocks
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.
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European stocks close lower; Stellantis slides 4% after production plunge
European markets closed lower on Friday after a rocky start to 2025 for stocks around the world.
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Biden decides to block Nippon Steel's $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.