Kia McCallister, director at America Saves, joined Cheddar News to talk about how families and individuals can prepare for retirement, and more specifically, for their long-term care needs. According to the 2022 Planning and Progress Study by Northwestern Mutual, Americans, on average, need at least $1 million to retire comfortably. McCallister talked about a number of affordable and accessible options that are currently available for aging seniors.
Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years.
UAW president Shawn Fain said the union would strike at a small number of Ford, General Motors and Stellantis factories, but that if the Big Three "continue to give us insulting offers, then our strike is going to continue to grow."
Hundreds of Milwaukee bar patrons who hoped to score free drinks through its offer to pay their tabs whenever the New York Jets, and former Green Bay Packers quarterback Aaron Rodgers, lose had to pay up after the Jets got an overtime win despite an injury that took Rodgers out of the game.