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The Latest Breaking News from Empower

D.C. Regulators Are Forcing This Rideshare Alternative Out of the Market

The D.C. Superior Court is fining Empower CEO Joshua Sear $5,000 for every day he keeps his ride reservation software operational in the city.

Reason

Jail Time for Cheap Rides?

D.C.'s bureaucracy violates independent drivers' economic liberty.

Reason

Gen Z Believes They Need £7.5M To Feel Financially Secure After Witnessing Parental Struggles

Gen Z believes they need a staggering £7.5 million to achieve financial success, significantly higher than previous generations.

International Business Times UK

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Gen Z thinks they need almost $9.5 million to be financially successful after anxiously watching their parents unretire

Inflation, student debt, and a difficult housing market makes Gen Zers feel they need almost twice as much as Gen X to be successful

Fortune

Regulations Are Driving Up Ride-Sharing Prices in Washington, D.C.

City code protects incumbent transportation services by outlawing independent drivers.

Reason

How to build an emergency fund in 5 easy steps

Nearly 2 in 5 Americans say they couldn’t afford a $400 emergency expense. Do you need an emergency fund, too?

Fortune

Average Net Worth by Age: How Do You Measure Up?

Financial advisors discuss the secrets to growing your net worth over time.

Kiplinger

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Gen Zers' definition of financial success includes joining the top 1% — and they're really confident about making it

Gen Zers on average believe an annual salary of $587,797 and net worth of $9.47 million are needed when they envision "financial success."

Fortune

Four Financial Topics You Can Safely Discuss at Thanksgiving Dinner

Forget politics! Holidays offer families a valuable opportunity to talk about their shared financial interests.

Kiplinger

New power delivery tech could save Google, Microsoft tens millions of dollars annually; Vertical PD up to 3KA could enable 10% reduction in losses

Empower Semiconductor’s new Crescendo vertical power delivery platform could save tech firms tens millions of dollars annually.

TechRadar

Want to Be Happy? Here's How Much Money You Need

Here is the latest research on happiness and wealth. Do you have a 'happiness number' you're trying to achieve?

Kiplinger

Americans Think Their Time Is Worth $240 An Hour

That's 8 times the average salary in the U.S.

International Business Times

Americans Think An Hour Of Their Time Is Worth $240 Or 8 Times The Average US Salary

Americans increasingly value time over money as the definition of wealth for younger generations rapidly shifts to spending more time with friends and family.

International Business Times UK

Survey Says 46% Of Americans Say They'd Give Up A Raise Or Promotion For This Perk - It's Not Remote Work

As economic worries grow, Americans increasingly choose better retirement benefits over bigger paychecks, showing a change in what they want from their jobs.

International Business Times UK

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The Texas Tribune

San Antonio church leaders train to serve as mental health counselors

Under a Harvard Medical School pilot program, church members and leaders will work as interns before counseling on their own, referring more serious cases to medical providers.

Fortune

Some millennials and Gen Zers are ready to reject big paychecks if it means staying at home with their pet more

Despite having only just joined the working world, many younger workers would pick their pets over high-paying office-based jobs.

Fortune

A year after a record-breaking summer for travel, Americans are still dead set on getting away. Some are putting off major life milestones to afford it

One in five millennials said they are postponing major purchases like buying a home to pay for travel.

Fortune

Pets make for the best financial advisers and motivators. They force you to be more mindful about your spending, study shows

Pets inspire good money habits such as long-term investments and emergency savings.

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news in one place.

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Investors Business Daily

Empower CEO Ed Murphy on 401(k)s, Social Security And The Future Of Retirement

Ed Murphy highlights the importance of early financial planning for a secure retirement. And here's what he sees ahead for AI in financial services, Social Security reform, and more.

Kiplinger

Can’t Afford It? There’s No Shame in Saying So

Trend of loud budgeting emphasizes being open about skipping unnecessary purchases and sticking to your budget, while older generations still struggle to talk about their finances.

The Texas Tribune

Texas Supreme Court refuses to hear ethics lawsuits brought by conservative activist Michael Quinn Sullivan

In 2014, and following a two-year investigation, the Texas Ethics Commission fined Sullivan $10,000 for failing to register as a lobbyist.

Kiplinger

Seven of the Best Budgeting Apps

The best budgeting apps allow you to declutter your finances, set savings goals and make sure you're on the same financial page as your spouse.

Kiplinger

More Americans Are Saying No to Full-Time Retirement

Increasingly, people say they plan to keep working their entire lives.

The Guardian - US

New York solar firm accused of union busting after furloughing staff

EmPower Solar suspended 40% of its workforce but says action is unrelated to recent successful election of workers to join UAW

Zenger

Average American Aims To Afford Dream Home By 33, Survey Finds

New study reveals financial goals and savings habits of US adults

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