Business News

Investment Banks and Their Influence on Retirement Financial Health

Understanding the Function of Investment Banks and Their Indirect Impact on Retirees' Financial Stability

Investment banks, although not directly serving individual consumers, play a vital role in the corporate and institutional sectors by facilitating com...

Clarifying Roth IRA Misconceptions for 2026: What Investors Need to Know

Separating fact from fiction to optimize retirement savings with Roth IRAs

Roth IRAs offer a distinctive tax advantage for retirement savings by allowing contributions with after-tax dollars and tax-free withdrawals. Despite ...

Guarding Elderly Parents Against Financial Fraud: Practical Measures to Implement

Strategies to protect aging adults from the significant annual losses due to scams targeting seniors

Financial exploitation of adults over 60 results in billions of dollars lost annually. It is imperative for adult children to proactively engage with ...

Netflix Converts Warner Bros. Discovery Offer to All-Cash Deal Amidst Hostile Bid Competition

The streaming giant aims to strengthen its acquisition proposal to counter Paramount’s bid for Warner Bros. Discovery assets

Netflix has altered its acquisition proposal for Warner Bros. Discovery by switching to an all-cash offer for the company’s movie studio and HBO ass...

Key Developments for January 20: Davos Summit, Immigration Protests, Epstein Investigation, Solar Storm, and Indiana Football Triumph

An analysis of major events shaping political, social, and environmental landscapes today

Significant events unfolding today include the World Economic Forum in Davos set against US-European tensions, a Department of Justice inquiry into im...

Assessing Baby Boomers' 401(k) Savings as Retirement Nears

Analyzing average balances and strategies for financial security in later life

Baby boomers, aged 61 to 79, are approaching or have entered retirement, raising concerns about the adequacy of their retirement savings. Latest data ...

Understanding the Changes in Your January 2026 Social Security Payment

Key factors behind adjustments in monthly benefits for early 2026 recipients

January 2026 Social Security payments exhibit notable differences compared to previous months due to the annual cost-of-living adjustment, increased M...

Shifts and Challenges in U.S. Affordability Amid Policy Moves

Balancing Acts Between Rapid Policy Changes and Economic Realities

Recent policy efforts spearheaded by the Trump administration aim to tackle the persistent issue of affordability across essential sectors such as foo...

Understanding Savings and Loan Associations: Their Role and Availability Today

Examining the enduring impact and current landscape of savings and loan associations in supporting homeownership and offering financial services

Savings and loan associations (S&Ls) originated in the 19th century as financial institutions aimed at helping working families access mortgages and a...

Understanding Required Minimum Distributions: Five Essential Questions Answered

A Clear Guide to Navigating RMDs and Their Tax Implications for Retirement Accounts

Required minimum distributions (RMDs) are mandatory withdrawals from certain retirement accounts that begin at age 73 or 75, depending on birth year. ...

Two Leading Fintech Powerhouses Poised for Long-Term Investment Growth

Analyzing Adyen and PayPal's Positioning for Sustainable Expansion in the Fintech Sector

The fintech sector is expected to experience significant growth over the next decade, fueled by factors such as rising e-commerce activity. Adyen and ...

Early Forecasts Indicate Modest Social Security Benefit Increase for 2027

Projections suggest a slight dip in cost-of-living adjustment, prompting seniors to consider supplementary income options

Preliminary estimates from The Senior Citizens League indicate that the 2027 Social Security cost-of-living adjustment (COLA) is expected to be approx...