• SmartAsset

    The Average American 401(k) Balance Grew This Much in 2023. Is Yours Keeping Pace?

    The good news for retirement savers using 401(k) plans and similar workplace retirement accounts is that the improving stock market is raising account balances. The average 401(k) is up by an average of $7,250 – a gain of 9.6% – since the end of 2022, according to a Bank of America report. The report also […] The post Here’s How Much Americans’ 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace? appeared first on SmartReads by SmartAsset.

  • SmartAsset

    Why Do I Keep Getting Denied a Loan Even Though I'm High-Net Worth?

    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.

  • Reuters

    Starbucks and US workers' union meet for contract negotiations

    The coffee chain and Workers United, that represents Starbucks workers in the United States, began negotiations this week on what they called a "foundational framework" to guide union organizing and collective bargaining across the country. Workers at more than 420 of Starbucks' 9,000 U.S. stores have voted to unionize since 2021. "We discussed a broad range of topics, including ... details relating to the union's representation of partners as both sides worked on the foundational framework that will contribute to single-store contract negotiations and ratification," Starbucks and the union said in a joint statement on Friday.