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Retiree Medical Costs Expected to Stay Flat in 2023

June 30, 2023 / no comments

An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.

C.E.O.s of Google, Hertz, Peloton and Live Nation Were Highest Paid Last Year

June 30, 2023 / no comments

C.E.O. pay has risen again, reaching levels that were unthinkable a generation ago. Google, Hertz, Peloton and Live Nation lead the list.

Key Inflation Gauge Cooled in May, Welcome News for Federal Reserve

June 30, 2023 / no comments

The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. A slowdown in May is likely to come as a welcome development.

Consumer Spending Stalled Last Month

June 30, 2023 / no comments

The slowdown is good news for policymakers worried about inflation, but a sign that the engine of the economy could be losing steam.

Corporate Diversity Policies Face Threats After Supreme Court Ruling

June 30, 2023 / no comments

Many businesses have adopted policies to diversify hiring but the Supreme Court’s ruling to end the policy in universities endangers those efforts.

‘Ms. Rachel,’ the YouTube Star, Wants to Sing With Her Littles

June 30, 2023 / no comments

The YouTube star of “Songs for Littles,” an online video series that pulls millions of views, says she’s found her calling in encouraging children to speak.

Hong Kong’s Crypto Hail Mary Is Risky Business

June 30, 2023 / no comments

The city is jumping into the gap left by the U.S. on cryptocurrencies—despite a very different attitude in mainland China.

Brookfield Seeks Hard-to-Get Prize in American Equity Deal

June 30, 2023 / no comments

Private-equity firms have been trying to buy the annuities seller for years.

Consumer Spending Streak Seen Extending Into May

June 30, 2023 / no comments

The Commerce Department is set to release May figures Friday morning on household spending, including on services such as travel, healthcare and entertainment.

China’s Economy Shows New Signs of Weakness

June 30, 2023 / no comments

Evidence of China’s flagging growth continues to roll in, raising questions about whether the government is doing enough to turn things around.

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