Legislative action could increase U.S. retirement wealth up to 77%, research finds

President Donald Trump signed an executive order Thursday to create a new way to save for retirement for workers who don’t currently have access to a 401(k) or another workplace plan. Roughly 56 million Americans lack access to an employer-sponsored retirement plan at work, according to 2025 research from the Pew Charitable Trusts, an independent public policy nonprofit. The order…

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After the Iran war, what’s next for tech?

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The past week has seen some progress, albeit uneasy and stilted, being made towards ending the Iran war. A two-week ceasefire was agreed on Wednesday, and while it looks fragile, hopes of the conflict approaching a close are…

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What stock buybacks mean for investors

Greg Abel, the new CEO of Berkshire Hathaway, announced on March 5 on CNBC’s “Squawk Box” that the company would start repurchasing shares of its own stock. For Berkshire, this is a relative rarity — the company hasn’t bought back shares since the second quarter of 2024. But for companies like Berkshire, a financially mature…

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HSBC 2025 full year earnings results

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating analysts’ estimates on the back of a strong performance in its wealth division and Hong…

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Nidec shares plunge 22% on accounting probe

Signage at the Nidec Corp. Qingdao Industrial Park in Qingdao, China, on July 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of Nidec Corp plunged as much as 22.44% Thursday, after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics…

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