Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car market.
As people plan out their budgets for 2025, there’s a chance for high earners to supercharge their retirement savings using the “mega-backdoor Roth” strategy — a rare but increasingly popular option for employer-sponsored 401(k)s.
Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out for Comcast given the decay of legacy media.
Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.