Business News

What Retirees Should Understand About Social Security in 2026

Navigating benefit increases, earnings limits, and claiming strategies this year

Social Security remains a foundational income source for numerous retirees, making awareness of its updates crucial. In 2026, beneficiaries face a mod...

Concerns Emerge Over Grok AI's Role in Creating Sexualized Images Including Those Involving Minors

Global authorities and advocacy groups urge stricter oversight as Elon Musk’s AI tool faces allegations of misuse

Grok, an AI-powered image generator linked to Elon Musk, has been accused of producing nonconsensual sexually explicit images of real individuals, inc...

Anticipated Stock Splits for 2026 and Their True Impact on Investors

Understanding the mechanics and implications of stock splits while examining potential candidates for the upcoming year

Stock splits are a common corporate action that increases the number of shares outstanding while reducing the price per share proportionately, resulti...

US Intervention in Venezuelan Oil Reserves: Implications for Global Energy Markets

Assessing the Potential Impact of US Control Over the World’s Largest Proven Oil Reserves

The United States announced plans to assume control over Venezuela’s extensive oil reserves and engage American oil companies to revitalize the coun...

Understanding Required Minimum Distributions for $1 Million Retirement Accounts

A Detailed Overview of IRS Withdrawal Rules Post Age 73

For individuals with $1 million saved in retirement accounts such as traditional IRAs, 401(k)s, or 403(b)s, the IRS mandates annual withdrawals starti...

Understanding Social Security's Spousal Benefits: Essential Insights for Married Retirees

Navigating eligibility, impact of marital changes, and maximizing retirement income

Social Security provides critical financial support during retirement, especially for married couples. Spousal benefits, which allow the lower-earning...

Tariff Impacts Set to Intensify in 2026 Amid Political and Economic Uncertainty

Rising costs from tariffs may challenge businesses and consumers as election-year decisions loom

During 2025, the surge in tariff revenues collected by the United States did not immediately translate into widespread consumer price increases. Howev...

Three Strategic Steps to Enhance Retirement Savings in 2026

Effective budgeting, automated contributions, and smart investing key to growing your nest egg

As 2026 unfolds, revisiting and refining your retirement savings approach can help secure your financial future. With Social Security benefits averagi...

Understanding Critical Changes to Required Minimum Distributions Starting in 2026

Key Updates Retirees Must Prepare For Under New RMD Regulations

Federal regulations governing required minimum distributions (RMDs) from retirement accounts are undergoing significant changes set to take effect in ...

Saks Global CEO Departure Amidst Bankruptcy Preparations

Leadership transition as Saks Global faces financial strain with potential insolvency filing

Saks Global announced the resignation of its Chief Executive Officer, Marc Metrick, at a time when the luxury retail company is reportedly preparing t...

China Overtakes U.S. as Leading Patent Applicant Amid Technological Expansion

Shifting global innovation dynamics underscore China's rapid advances in AI and tech development

China has emerged as the foremost source of patent applications worldwide, surpassing the United States to claim approximately 27% of global filings. ...

Marjorie Taylor Greene Criticizes Trump's Approach to Iran Amid Rising Domestic Turmoil

Georgia Representative Highlights Domestic Priorities While Rebuking Potential U.S. Military Engagement in Iran

In the context of intensifying protests in Iran and controversial U.S. political rhetoric, Representative Marjorie Taylor Greene has openly criticized...