Business

Mamdani meets Jamie Dimon as Wall Street outreach intensifies amid tax backlash

New York City Mayor Zohran Mamdani met Monday with JPMorgan Chase CEO Jamie Dimon at the bank’s new headquarters in Manhattan as the self-described democratic socialist intensifies outreach to Wall Street leaders following backlash over proposals to raise taxes on wealthy New Yorkers. Mamdani visited JPMorgan’s new global headquarters at…

Why Gen Z is saying ‘no’ more often – and saving more money

Young Americans are working to save money for their future goals and retirement despite housing costs straining their budgets, a new report finds. Bank of America on Tuesday released its latest Better Money Habits study of how adult members of Gen Z are handling their finances in adulthood. It found…

Chick-fil-A franchisee sued after allegedly firing employee over Sabbath observance

A Texas Chick-fil-A franchise operator is facing a federal lawsuit over allegations that it refused to accommodate an employee’s religious beliefs before ultimately firing her. According to a complaint filed by the Equal Employment Opportunity Commission (EEOC) and obtained by FOX Business, Hatch Trick, Inc. — which operates several Chick-fil-A…

5 cities that nail the retirement sweet spot

Americans looking to retire this year may be considering relocating to a new city that allows their retirement savings to go further, and a new analysis by GOBankingRates spotlights five cities to consider. The amount an individual or couple needs to have saved to retire can vary significantly across different…