ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Older workers are everywhere these days. And so, it seems, is age discrimination. |
Roughly two-thirds of adults over 50 believe older workers face discrimination in the workplace, according to a new AARP report. Of that group, 90% believe ageism is commonplace. |
The finding, based on a series of surveys in 2022 and 2023, comes at a time when America's labor pool is conspicuously aging. The 65-and-up workforce has quadrupled in size since the mid-1980s. Nearly one-quarter of the workforce is 55 or older. Read the story. |
What the soaring stock market means for your retirement |
We're going allll the way back to Friday for this one, which drew readers in droves all through the weekend: |
The S&P 500 hit yet another milestone, Bailey Schulz reports, ending above 5,000 for the first time on Friday. |
It's good news for Americans' 401(k)s, which are heavily invested in stocks, and comes just three weeks after the index notched its first record close since January of 2022. |
(Historical aside: We're pretty sure we were already in this business on the day the S&P 500 ended above 500 for the first time. Further disclosure: We once owned a flip phone.) |
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Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. |
Daniel de Visé covers personal finance for USA Today. | | | | Older workers are everywhere these days. And so, it seems, is age discrimination. | | | |  | The S&P closed above 5,000 for the first time, welcome news for Americans' 401(k) retirement plans. Meanwhile, the Dow Jones closed down 0.14%. | | | | The Congressional Asian Pacific American Caucus is calling on companies to reaffirm commitments to DEI despite attacks from Elon Musk and Bill Ackman. | | | | There comes a point when waiting doesn't make sense. | | | | Bob Moore, founder of global whole-grain food company Bob's Red Mill, died Saturday at the age of 94. | | | | Death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax. | | | | Cetaphil's early Super Bowl commercial shows a father and Swiftie daughter duo bonding over football, tugging at heart strings online. | | | | The NHTSA recently announced recalls for more than 1.1 million vehicles, which include Honda, Kia, Nissan, and Mercedes-Benz. | | | | This year, the Super Bowl host Allegiant Stadium is combatting carbon emissions by being fully reliant on renewable energy. | | | | The Gordon Pointe compound in Port Royal neighborhood goes on market for $295 million. It is reported to be the most expensive listing in America. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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