Monday, November 13, 2023

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November 13, 2023

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your money adviser

Higher Contribution Limits Are Coming for 401(k) Retirement Plans

But, financial advisers note, most people cannot afford to set aside the maximum amount. "This is a system geared for high earners," one expert said.

By Ann Carrns

An illustrated figure knits a green dollar sign while wearing a red apron over a yellow long-sleeved shirt.

At Least 2 Million Children Have Lost Medicaid Insurance This Year

Many of the children were eligible for federal aid, experts said, but errors have been common as states "unwind" assistance from earlier in the coronavirus pandemic.

By Noah Weiland

A young boy in an orange shirt and a face mask helps a doctor hold a stethoscope to his chest during a checkup. The boy's mother, also wearing a face mask, sits in a chair in the background of the exam room.

How Millions of Borrowers Got $127 Billion in Student Loans Canceled

The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed to eliminate billions in education debt.

By Stacy Cowley

Students walking around a college campus surrounded by trees.

Is Remote Work the Answer to Women's Prayers, or a New 'Mommy Track'?

Post-pandemic work-from-home norms allowed more women to stay in the work force than ever before. Remote work could also make it harder to get ahead.

By Sarah Kessler

An illustration of an open laptop, with many apps on the screen, with a slice of a photo of a woman holding a child in front of it.

Strategies

The Betting on the Presidential Election Has Begun

While two leading prediction markets are fighting regulatory restrictions in court, wagers on politics and economics are still being made.

By Jeff Sommer

A view through binoculars of a man floating among dice, Republican and Democratic buttons and fever charts.

Cyberattack Disrupts Mortgage Payments for Millions of Mr. Cooper Customers

The company, one of the largest U.S. mortgage servicers, said it was trying to determine if the attackers obtained personal information about its four million customers.

By Stacy Cowley

A group of people standing on a balcony cheers and claps in front of a green background bearing the logo

Why Are Oil Prices Falling While War Rages in the Middle East?

Energy markets have shrugged off the fighting between Israel and Hamas so far, focusing instead on forecasts of subdued demand.

By Stanley Reed

A person standing by a river, with an oil field with smoke in the distance and flames.

Fed Chair Recalls Inflation 'Head Fakes' and Pledges to Do More if Needed

Jerome H. Powell, the Federal Reserve chair, said officials would proceed carefully. But if more policy action is needed, he pledged to take it.

By Jeanna Smialek

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Citigroup Discriminated Against Armenian Americans, Regulator Says

The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.

By Emily Flitter

On a corner of a busy street with a Citibank and a sign that identifies it as West 23rd Street, people wearing coats are walking.

You Paid $1,000 for an iPhone, but Apple Still Controls It

The company codes its devices with software that complicates repairs by triggering safety warnings and malfunctions.

By Tripp Mickle, Ella Koeze and Brian X. Chen

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The 'Georgists' Are Out There, and They Want to Tax Your Land

Amid a crisis in affordable housing, the century-old ideas of Henry George have gained a new currency.

By Conor Dougherty

Two houses with the windows and doors boarded up sit next to each other amidst overgrown shrubs.

'Our Family Can Have a Future': Ford Workers on a New Union Contract

A couple who work at a Ford factory that was on strike for 41 days said the terms of a tentative contract agreement would be transformative for them.

By Neal E. Boudette and Nic Antaya

Dave and Bailey Hodge in bed under black and white covers with their daughter, who is crawling toward the camera.

With the Strikes Over, the Mood in Hollywood Is Decidedly Mixed

Celebratory feelings are competing with resentment over the work stoppage and worries about the business era that is coming.

By Brooks Barnes

The Hollywood sign overlooks the illuminated Los Angeles cityscape.

Consumer Bureau Seeks to Supervise Digital Payment Apps

A proposed rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny that banks face.

By Stacy Cowley

A man in a dark suit, blue tie and white shirt looks into the distance.

Automakers Delay Electric Vehicle Spending as Demand Slows

Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.

By Jack Ewing

Four electric cars parked at chargers at a dealership. The car closest to the camera is a white Hyundai Ioniq 6.
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