June 21, 2023

Markets Now


401(k) plans have never been hotter. That's changing the stock market

More Americans than ever are saving for retirement and more Americans than ever are doing that by investing in 401(k) plans. That’s affecting equities.  
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Ukraine needs investors to rebuild its war-torn economy. A huge effort is already underway

Ukraine’s long-awaited push to liberate territory held by Russia may have got off to a slow start, but the country is already planning for its future after the war — and turning to private investors for help.  
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FTC sues Amazon, alleging it tricked consumers into signing up for Prime

The Federal Trade Commission sued Amazon on Wednesday, alleging that the e-commerce giant has tricked millions of consumers into signing up for its Prime subscription service through deceptive user interface designs.  
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California is no longer America's most expensive state for gas

The average price for regular gasoline in Washington State has jumped by 32 cents over the past month to $4.93 a gallon, according to AAA. That’s seven cents ahead of California, which is notorious for high prices on everything, especially fuel.  
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Fans are just noticing that an iconic Good Humor ice cream treat no longer exists

Good Humor confirmed that its Toasted Almond bar, the sweet treat that has been around since the 1960s, is no more.  
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Autoshop owner who dumped 500 pounds of oily pennies on ex-employee's driveway is ordered to pay additional back wages

The Georgia autoshop owner who in 2022 paid one of this employees his final wage by dumping 91,500 oil-covered pennies in his driveway has been ordered by a federal judge to pay nearly $40,000 in additional back wages and damages to his employees, court records show.  
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Source: CNN Business

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