Business News

When Is the Optimal Time to Take Your Required Minimum Distribution? Key Considerations for Retirees

Navigating the Timing of RMDs to Balance Tax Implications and Retirement Income Needs

As retirees reach the age requiring mandatory withdrawals from certain retirement accounts, deciding when to take these distributions can influence fi...

California Governor Calls for Peaceful Reporting of Federal Agent Misconduct Amid Constitutional Concerns

Amid debates on federal immigration enforcement, officials emphasize legal rights and proper complaint procedures

Governor Gavin Newsom has urged California residents to report any federal law enforcement misconduct calmly and lawfully, underscoring that constitut...

Gold Surges Past $5,000 Amid Geopolitical and Domestic Uncertainty Under Trump Administration

Investor Demand for Safe Havens Intensifies as Global Relations and Economic Stability Face Disruptions

Gold prices have soared beyond the $5,000 per ounce threshold, reflecting heightened investor anxiety triggered by a series of geopolitical tensions a...

Why Relying Solely on IRAs and 401(k)s Might Fall Short for Your Retirement Needs

Understanding the limitations and the necessity of flexible investment options for a secure retirement

Retirement accounts like IRAs and 401(k)s offer valuable tax advantages but come with restrictions that can limit access to funds before a certain age...

Senator Ted Cruz Expresses Private Concerns Over Trump’s Tariff Strategy and Critiques JD Vance’s Influence in White House

Internal discussions reveal Cruz’s apprehension about economic impact and ideological clashes within Republican ranks

Senator Ted Cruz has privately voiced reservations regarding former President Donald Trump's tariff policy and expressed disapproval of Vice President...

Social Security Benefits at Age 62: What to Expect About Your First Payment Timing

Navigating the nuances of eligibility and payment schedules to plan your finances accurately

Individuals planning to claim Social Security benefits at age 62 should consider that eligibility requires being 62 for the entire calendar month, whi...

Social Security Earnings Limits Increase in 2026: What Retirees Should Know

Higher income thresholds may reduce benefit withholding for working retirees before full retirement age

Starting in 2026, adjustments to Social Security's earnings thresholds allow retirees who continue working before their full retirement age to retain ...

Impact of New IRS 401(k) Rules on High-Earning Retirees

Changes in catch-up contribution rules may increase tax obligations for workers earning over $150,000

Starting in 2026, the IRS will require certain high-income earners to make catch-up contributions to their 401(k) retirement plans using a Roth accoun...

Hedge Funds Tap Prediction Market Data to Refine Investment Approaches

Emerging reliance on platforms like Kalshi and Polymarket signals evolving hedge fund strategies

Hedge funds, traditionally cautious about prediction markets, are increasingly incorporating data from platforms such as Kalshi and Polymarket into th...

Severe Winter Storm Disrupts US East Coast with Power Losses and Widespread Flight Shutdowns

Historic flight cancellations and extensive outages strain infrastructure amid plunging temperatures

A powerful winter storm sweeping across the US East Coast has caused extensive disruptions including nearly one million power outages and the cancella...

Healthcare CEO Finds Wealth in Financial Freedom After Clearing $100K Student Loan

Sami Inkinen prioritizes debt freedom over net worth despite leading a multi-billion dollar company

Sami Inkinen, chief executive of a healthcare firm valued at $2 billion, identifies financial liberation from student loan debt as the pivotal moment ...

Why Savings, Not Net Worth, Should Anchor Your Retirement Planning

Examining the Limitations of Net Worth as an Indicator of Financial Preparedness for Retirement

Retirement readiness hinges more critically on accessible savings than the broader measure of net worth. While net worth aggregates assets minus liabi...