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Business News

Should higher earners still make 401(k) catch‑up contributions?

Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which stack on top of the regular limits for employee contributions to tax-deferred retirement plans. The amounts were limited to $1,000 per year when they first came ...

SUV comparison: Honda Passport vs. Subaru Outback

There are seemingly countless options for a new SUV these days, but less so if you’re looking for one that’s comfortable, roomy, and able to tackle snowy roads in the winter and outdoor adventures in the summer. Thankfully, a pair of SUVs are up for the challenge: the 2026 Honda Passport ...

Surging oil prices sink stock market

NEW YORK — Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0.6% and erased what had been a small gain for the year so far. The Dow Jones Industrial Average briefly dropped more ...

Business at a glance for March 6

States sue over new global tariffs WASHINGTON — Some two dozen states are challenging President Donald Trump’s new global tariffs in court. On Thursday, the states filed a lawsuit over import taxes he imposed after a stinging loss at the Supreme Court. Democratic attorneys general ...