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Only once in the past 100 years have America’s long-term savers done worse than they did last year. Only in 1974 — the year of Watergate, OPEC embargoes, gas lines and recession — did the standard, benchmark, middle-of-the-road investment portfolio lose more value than it did in 2022. That didn’t …

‘Hold onto your money’: Jeff Bezos warns you may want to rethink buying a ‘new automobile, refrigerator or whatever’ right now — here are 3 recession-proof buys instead Amazon founder and executive chairman Jeff Bezos is sounding the alarm, telling CNN the economy “does not look good right now.” “Things …

YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at the tech giant that started in her garage nearly 25 years ago, she said in a personal update on the video-sharing platform on Thursday. Wojcicki, 54, will be replaced by her deputy Neal Mohan. …

Tesla Inc. stock turned lower Thursday after news that nearly 400,000 of its vehicles are being recalled as the EV maker’s self-driving software “may cause” crashes. In a recall notice, federal regulators said Tesla’s TSLA, -1.52% Full Self Driving beta software may increase the risk of crashes by allowing vehicles …

Should You Stop Believing in a ‘Safe’ Withdrawal Rate for Retirement? Is the idea of the “safe” withdrawal rate nothing more than the Tooth Fairy of the retirement planning industry – mere fiction? Some financial experts are calling the methods used to calculate safe withdrawal rates, including Monte Carlo analysis, …