Michelle Davenport Business Editor 
Many Americans find themselves leaving the workforce earlier than they originally expected, according to a report titled Bridging the Gaps in Retirement Expectations released by the TIAA Institute. In a survey of 1,591 U.S. adults ages 22 through 75 conducted in July 2025 in partnership with Ipsos, the average retiree stated they retired at age … Read more
President Donald Trump is actively promoting the federal government’s new investment program, known as Trump Accounts, even as some families report significant delays in receiving the promised $1,000 in seed funding. The president is scheduled to visit a Georgia high school to highlight the accounts, which were established under his One Big Beautiful Bill last … Read more
Goldman Sachs launched a new alternative investments platform on July 21, 2026, designed to provide wealthy clients and family offices with direct access to private companies. The initiative integrates the firm’s existing alternatives business with two newly formed teams that focus specifically on direct stakes in individual private companies, rather than broader private equity funds. … Read more
Miami Surpasses New York City in Cost of Living For the first time on record, the cost of living in the Miami metropolitan area has overtaken that of the New York City metropolitan area. According to the U.S. Bureau of Economic Analysis’s latest Regional Price Parities report, which examined 2024 data, the “Gold Coast” region—comprising … Read more
U.S. President Donald Trump has imposed a 35% tariff on many Canadian goods, effective August 1, marking a significant escalation in trade tensions. The move follows months of disputes over North American automotive, dairy, and alcohol trade, as well as unresolved concerns regarding fentanyl smuggling into the United States. The letter to Canadian Prime Minister … Read more
U.S. stocks finished lower on Monday, July 20, 2026, as investors monitored escalating tensions in the Middle East and prepared for a wave of high-profile technology earnings. While the Dow, S&P 500, and Nasdaq all faced downward pressure, chipmakers saw a partial recovery following recent losses. The technology-heavy Nasdaq fell less than the S&P 500 … Read more
Global markets face volatility this week as escalating U.S.-Iran conflict drives Brent crude above $90 a barrel, complicating the economic outlook. Investors are pivoting to defensive strategies ahead of a heavy corporate earnings calendar, including reports from Alphabet, Intel, and Tesla, while monitoring shifting expectations for Federal Reserve interest rate hikes. Middle East Conflict and … Read more
As of July 4, 2026, the U.S. government has begun issuing $1,000 contributions to eligible children as part of a new federal program known as Trump Accounts. These government-backed investment vehicles are designed to provide children with an early start on long-term savings and retirement planning. According to the U.S. Treasury Department, 6.5 million accounts … Read more
The Trump administration is actively pursuing strategies to restrict access to financial services for undocumented immigrants, an effort White House officials describe as a massive engine for deportation. White House Deputy Chief of Staff Stephen Miller stated that the administration’s objective is to “debankillegal immigrants to incentivize them to self-deport from the United States. Miller, … Read more
T. Denny Sanford, Billionaire Philanthropist and Sanford Health Founder, Dies at 90 Denny Sanford, on Saturday at the age of 90. A joint statement from First PREMIER Bank, PREMIER Bankcard, and Sanford Health described Sanford as a true friend, champion, and believer in Sanford Health’s mission and people, emphasizing his lifelong commitment to philanthropy. The … Read more