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A federal employee retiring at 62 after 30 years of service with a “high-3” salary average of $90,000 would receive an estimated FERS basic pension benefit of roughly $29,700 annually, based on the standard formula: 1.1% × 30 years × $90,000. For private-sector workers without access to a defined-benefit pension, that figure provides a useful ... You Do Not Need 30 Years of Federal Service to Build a Pension. Here Is the $495,000 Dividend Portfolio That Pays Like One

Higher interest rates could trigger a recession, JPMorgan Chase CEO Jamie Dimon has warned, as the market frets that a flare-up in inflation will bolster the case for central banks to tighten monetary policy. Dimon also discussed JPMorgan’s artificial-intelligence strategy in the interview in Shanghai, saying that the company was using the technology for risk, fraud, marketing, design, and several other functions. “It’s the tip of the iceberg, it’s moving very quickly,” Dimon added, predicting that JPMorgan would hire more AI talent and fewer bankers in certain categories.

A number of stocks fell in the afternoon session after investors grew increasingly concerned about persistent inflation and rising bond yields, raising worries about future Federal Reserve policy.

A number of stocks fell in the afternoon session after investors grew increasingly concerned about persistent inflation and rising bond yields, raising worries about future Federal Reserve policy.

Despite outperforming the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on FedEx’s long-term growth potential.

A number of stocks fell in the afternoon session after investors grew increasingly concerned about persistent inflation and rising bond yields, raising worries about future Federal Reserve policy.

Shares of social commerce platform Pinterest (NYSE: PINS) fell 6.6% in the afternoon session after investors grew increasingly concerned about persistent inflation and rising bond yields, raising worries about future Federal Reserve policy.

The Federal Reserve and banking regulations can have big impacts on profitability for these banking giants.

The smart money read on Wells Fargo (NYSE: WFC) following the $110 million lending and hiring discrimination settlement approved by a federal judge is clearly constructive. Sell-side analysts carry a buy-skewed consensus and a 12-month price target well above where shares trade today, while insiders have been net buyers into the settlement window. The Hard ... Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement

Walmart delivered another quarter of impressive sales as speedy deliveries and low prices served as a magnet for shoppers across the income spectrum. Walmart has resonated with many Americans who are increasingly careful about where they spend their money as inflation has taken a bigger bite out of paychecks, particularly since the start of the Iran war in late February. Traffic at Walmart can be a barometer of consumer spending given its vast customer base.

Fed meeting minutes show officials won’t rule out rate hikes, Target’s turnaround is underway, OpenAI prepping IPO filing, and more news to start your day.

A traditional defined-benefit pension paying $5,500 per month, or $66,000 annually, provides a useful retirement-income benchmark. That level of income sits near the upper range of what many private-sector pensions deliver, and it represents the amount a 67-year-old married couple would need to recreate if offered a lump-sum payout instead of guaranteed monthly checks for ... A Monthly Dividend Portfolio That Pays Like a Pension and Beats Most Pensions on Inflation Protection

Wall Street closed higher on Wednesday as investors assessed U.S.-Iran talks and reviewed Federal Reserve minutes that highlighted ongoing inflation concerns.

SpaceX’s S-1 just handed legacy defense investors a number they cannot ignore. And you can bet they won’t. In 2025, roughly one-fifth of SpaceX revenue came from U.S. federal agencies, primarily NASA, the Department of War, the General Services Administration, and certain Intelligence Community agencies, focused on launch services, spacecraft development, satellite deployment, and artificial ... One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

Something far more sinister looms large and will immediately test the new head of the Federal Reserve.

Wednesday brought a bevy of tech news, from the posting of SpaceX's IPO filing to updates on Nvidia, Anthropic and OpenAI. For the rest of the week, focus turns to the American consumer with Walmart earnings and Friday's swearing in of Kevin Warsh as the new Federal Reserve chair.

They have increased their payouts for a combined 171 years straight.

Kevin Foley, Co-Head of Global Investment Banking at JPMorgan, says deal-making activity remains strong globally despite the higher rates environment and inflationary pressures. He expects IPO activity to grow significantly in Hong Kong and mainland China, particularly in the AI and healthcare sectors. He spoke exclusively with Bloomberg's Haslinda Amin on the sidelines of the JPMorgan Global China Summit.

e.l.f. Beauty Inc (ELF) reports a robust 35% increase in Q4 net sales, driven by strategic acquisitions and international expansion, despite facing tariff pressures and slower innovation.

U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record ‌high for the quarter, an industry report showed on Thursday. Energy storage ‌capacity grew 32% in the quarter from a year ago despite federal actions the industry ​says are slowing clean energy development, the report by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence said. The SEIA said the demand is being driven by data centers, volatile electricity prices and disruptions to global gas and gas ‌turbine supplies.

CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why corporate earnings remain so high.

With inflation rising and uncertainty looming large, investors may think keeping their money in cash is the best place to hide out. But a better tactic may be to stay invested. "During volatile times many go to cash, but it...

CVS Health (NYSE:CVS) has been hit with two lawsuits from major hospital systems tied to the federal 340B drug discount program. The University of Kansas Hospital Authority and the University of Michigan Hospitals and Health Centers allege CVS Health improperly profited from 340B discounts. Combined claimed damages exceed $60 million, raising legal, financial, and reputational questions for the company. CVS Health comes into this legal pressure with its shares at $93.28 and a return of...

In mid-May 2026, a proposed class-action lawsuit was filed in federal court in Seattle alleging Amazon unlawfully passed on later-invalidated IEEPA tariffs to customers on imported goods bought between February 2025 and February 2026, while separate investor advocates urged votes against four Amazon directors over the exclusion of shareholder proposals on issues including AI governance. At the same time, Amazon is pushing deeper into AI-enabled cloud and logistics with rapid expansion of its...

A UPS plane crash that killed 15 people last year might have been prevented if an original inspection schedule hadn't been relaxed, but mechanics didn't get a close look at the parts that should have kept an engine from flying off its wing because federal regulators allowed Boeing to recommend checking them less frequently, according to testimony Wednesday. The National Transportation Safety Board's questions also drew out that Boeing relied on older data when it asked to extend the inspection schedule in 2015, and didn't seem to account for seven instances on other planes of the same model when the key engine mount parts were failing. The Federal Aviation Administration, for its part, approved the request after a month's review without seeking more information.

This came as E.l.f. surpassed Wall Street estimates on top and bottom lines.

US stocks rebounded Wednesday as traders parsed minutes of the Federal Reserve's latest monetary pol

Mortgage rates continue to rise from spring levels, driven by the economic shocks from inflation, oil prices (CL=F, BZ=F), and the latest surge in Treasury yields (^TYX, ^TNX, ^FVX). Yahoo Finance Senior Housing Reporter Claire Boston examines the impact elevated mortgage rates are having on the US housing market, as well as diving into the details of the US House of Representatives' housing affordability bill.

Higher gas prices and inflation concerns are weighing on consumer sentiment, especially among lower-income Americans, while wealthier consumers remain more resilient.

Beijing said US-China trade teams will discuss extending the one-year truce while confirming Boeing purchases and tariff-cut targets.