BREXIT ‘EXTRAORDINARILY DANGEROUS’ FOR U.S. BANKS
Although fears of a possible vote by the United Kingdom to leave the European Union had been growing, most U.S. analysts and bankers believed the chances of the “Brexit” push succeeding were unlikely. But after Britain shocked the world by
ELIZABETH WARREN WANTS TO RESCUE YOUR STRANDED 401(K) PLAN
The typical American worker stays at a job for only four years. As many find out, switching employers can wreak havoc on your retirement plan. The U.S. Government Accountability Office estimates two in five employees cash out small 401(k) balances
THE HIDDEN COST FOR STAY-AT-HOME AMERICAN PARENTS
Beyond lost wages, moms or dads who don’t return to work forfeit growth in those wages and in retirement and other benefits. The decision around whether to go back to work after having a baby — and pay for childcare
AEROJET ROCKETDYNE REFINANCES DEBT.
Aerojet Rocketdyne Holdings Inc., the aerospace company that is one of the Sacramento area’s largest employers, said Monday that it will refinance its long-term debt, gaining financial flexibility and saving about $20 million a year in future interest payments. Aerojet’s
AMERICA’S UPPER MIDDLE CLASS IS THRIVING
The middle class may be feeling squeezed, but the upper middle class is enjoying good times. The upper middle class grew to 29.4% of the population in 2014, up from 12.9% in 1979, according to a new Urban Institute report.
IT’S 1995 AGAIN for Dollar Traders Bracing for Trade War Trouble.
Back in 1995, an international trade dispute between the U.S. and Japan helped drive a 25 percent plunge in the dollar versus the yen. Now, with Hillary Clinton and Donald Trump heading into the November presidential election pledging to reshape
DOW JUMPS 130 POINTS ON EASING BREXIT FEARS
Wall Street’s Brexit headache just got a dose of relief. Will it last? The Dow soared as many as 271 points on Monday before closing with a gain of 130 points. The advance was fueled by a series of
FBI WARNS BANKS TO CHECK FOR CYBER BREACHES
A private “Flash” message has been sent to US banks by the Federal Bureau of Investigation asking them to check their systems for signs of cyber attacks. The leaked report follows the enormous electronic robbery at the Bangladesh central bank
MEET THE 30 HIGHEST-PAID FEMALE EXECUTIVES IN THE BAY AREA 2016
Our annual list of the highest-paid female executives in the Bay Area shows the broad range of talent lighting up the region’s C-suites — and the big salaries that come with those positions. Check out our slideshow below of the