Morning Business Report: Retirement savings hit record highs as markets surge, Gap sales jump and media giants bid for Warner Bros. Discovery
Retirement savings reached new milestones in the third quarter of 2025, boosted by a strengthening stock market.
(LILAMAX)- Retirement savings reached new milestones in the third quarter of 2025, boosted by a strengthening stock market. A new report from Fidelity shows the average 401(k) balance rose 9% from a year earlier to an all-time high of $144,400. Individual retirement accounts also saw gains, with the average IRA balance increasing 7% year over year to $137,902. Retailer Gap…