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New retirement law boosts tax-free savings options

3 years 7 months ago
Secure 2.0, the new retirement rules that lawmakers passed in late December, includes several provisions that will make the tax-free savings vehicle known as a Roth more accessible and flexible. And, in one instance, it will mandate that some higher-income earners put a portion of their 401(k) savings in a Roth account.

Biden reshuffles economic team midway through first term

3 years 7 months ago
President Joe Biden's economic team is taking new shape midway through his first term and as he gears up for an expected reelection bid, with the White House Tuesday officially naming Federal Reserve Vice Chair Lael Brainard as his top economic adviser and nominating Jared Bernstein to serve as his chair for the Council of Economic Advisers.

Ford halts production of electric F-150 due to possible battery issue

3 years 7 months ago
Ford has halted production of the top-selling electric pickup in America, the F-150 Lightning, because of a possible battery problem, the automaker confirmed Tuesday. The potential issue was discovered during the company's pre-delivery vehicles inspections, Ford spokesperson Emma Berg said.
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