Hong Kong is setting a broader economic course with its first five-year development plan. Chief Executive John Lee presented the plan to the legislature on Wednesday, outlining goals that reach beyond…
U.S. 401(k) Balances Hit Record High as Stock Market Strength Boosts Retirement Savings
Americans just got a sizable boost to their retirement savings. The average 401(k) balance reached a record $155,800 in the second quarter of 2026, according to new data from Fidelity Investments. Tha…
Hoda Kotb Credits Sandra Bullock for Inspiring Her Adoption Journey
Hoda Kotb has shared a deeply personal moment that changed how she viewed motherhood. Years ago, when she feared she had missed her chance to have children, Sandra Bullock’s decision to adopt her son …
Sandra Bullock Calls Split From Jesse James a ‘Really Dark Time’
Sandra Bullock rarely gives the public a detailed look at the hardest parts of her private life. This time, the Oscar-winning actress, 62, opened up about a painful chapter that unfolded just as she b…
US 30-Year Mortgage Rate Hits 6.71%, Highest Since July 2025
The cost of financing a home in the US moved higher this week, adding another challenge for buyers already facing stretched housing budgets. The average 30-year fixed mortgage rate reached its highest…
San Francisco Home Prices Hit Decade High as AI Millionaires Flood the Market
San Francisco real estate has found another gear. After years of pandemic moves, remote work debates, and questions about the city’s future, wealthy buyers are fighting over homes again. This ti…
Canada Boosts Defense Industry as U.S. Relations Face New Strains
Canada is making a major shift in how it approaches defense spending. As relations with the United States become more strained, the country is putting more money into its own military supply chains an…
Why Gap Inc. Turned to ex-Target and Walmart Executive to Revive the Company
Gap Inc. is putting an experienced retail executive in charge of Old Navy as its biggest brand struggles to keep shoppers spending. Michael Francis will become president and chief executive officer of…
U.S. Stocks Rebound as Treasury Plan Eases Bond-Market Pressure
U.S. stocks snapped a three-day losing streak Wednesday as a new Treasury Department plan helped calm pressure in the bond market. Investors also found support in stronger-than-expected earnings from …
Walmart Shares Suffer Steepest Single-Day Drop in Over Four Years
Walmart investors received an unpleasant surprise after the retail giant released its second-quarter fiscal 2027 results. The company delivered higher revenue, stronger earnings, and an improved full-…