Adults are living longer, but there’s a caveat: Their retirement funds aren’t keeping up with their longer lifespans, according to a recent report.  John Hancock’s Longevity Preparedness Index (LPI), which was developed with MIT AgeLab, revealed that U.S. adults are largely underprepared to live well as they age. The index…

Novo Nordisk’s blockbuster diabetes and weight loss-related drug Ozempic is set to see a price cut, according to President Donald Trump.  Trump said this week during a White House event on fertility treatments and drug pricing that the price reduction will come after swift negotiations with the drugmaker.”They’ll be much…

As part of a special federal task force investigating where a staggering $24 billion designated for homelessness in California has ended up, the Department of Justice revealed initial findings on Thursday, announcing new criminal cases against two LA area real estate developers who the federal government says misused roughly $50…

Federal Reserve Governor Stephen Miran downplayed the economic impact of President Donald Trump’s sweeping trade measures, saying there’s little evidence the new tariffs are weighing on growth or stoking inflation. Miran, who spoke at Semafor’s World Economy Summit on Thursday, said there have been “no real material signs of growth…

President Donald Trump said he may attend next month’s Supreme Court oral arguments in a key tariffs case that could decide the future of his trade policy. His attendance would make Trump the first sitting president ever to witness Supreme Court arguments in person.The White House did not immediately respond…

President Donald Trump said that tariffs totaling as much as 157% on Chinese imports are “not sustainable” as he prepares to meet with Chinese President Xi Jinping in the coming weeks. “It’s not sustainable, but that’s what the number is,” Trump told FOX Business’ Maria Bartiromo in his first interview…

Business groups are expressing concern that the ongoing government shutdown is having negative impacts on economic activity and the ability of firms to operate and grow. The U.S. Chamber of Commerce on Thursday warned the impact of the government shutdown, which began on Oct. 1, is beginning to have an impact on…

Rent prices continue to surge in some markets. However, affordable options still exist in certain parts of the country, with some units going for under $1,000, according to a recent report from Zillow.  In Zillow’s recent analysis, published Thursday, apartments under $1,000 a month, while scarce, are easier to find…

President Donald Trump told Fox News’ Maria Bartiromo on “Sunday Morning Futures” that Democrats “made one mistake” with the ongoing government shutdown.  “I think they could just stay out forever, I mean, to be honest with you. Now, what we’re doing is we’re cutting Democrat programs that we didn’t want…

Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business.  Tolga Öncü, retail manager at Ingka, which operates most Ikea stores around the world, told The Wall Street Journal that the company has had to adapt to…