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Commentary: Who won and who lost in Thursday night's California gubernatorial debate? Our columnists weigh in Los Angeles Times5 Key Moments During the California Governor Debate The New York TimesCalifornia governor candidates trade blows at a heated debate in San Francisco NBC Bay AreaWho Will Emerge From the Tumultuous California Governor's Primary? Here's Where the Race Stands Time Magazine
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Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn't take the meeting TechCrunchWhy Cerebras AI chips stand out in the Nvidia-dominated market Yahoo FinanceCerebras is the hot new AI chipmaker. Here's Jim Cramer's advice on the stock CNBCFrenzied IPO Highlights Wall Street's AI Fervor WSJ
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Trump touts "fantastic trade deals" after meeting with China's Xi CBS NewsTrump in China live: Second day of talks with Xi on Iran, Taiwan and trade ReutersWhat is Zhongnanhai, the Secretive Beijing Compound Where Trump Met Xi? The New York TimesChina's Xi warns Trump about creating ‘conflict' over Taiwan. Why the island is a flashpoint between the world's most powerful nations. Yahoo
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Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
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"It's remarkable — and discouraging — how many people are disengaged from their own financial lives."
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We Now Know How Many People the CDC Is Monitoring for Hantavirus WIRED16 More People in the U.S. Are Being Monitored for Hantavirus, C.D.C. Says The New York TimesU.S. reports no hantavirus cases from cruise outbreak, monitors 41 Reuters41 people being monitored for hantavirus exposure. See map of states. USA TodayIs the Hantavirus in the US? Map Shows States Where Passengers Have Returned Home
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After a year of hunting down Social Security cheats, here's where we stand.
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Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration - they calculate your benefits to reward you for staying in the workforce.
But if you are looking to take an early retirement, you're not alone.
SEE MORE What If I Retired Today?
In the first 15 months of the COVID pandemic (March 2020-May 2021), about 2.5 million Americans retired. That was about twice the number of people who retired in 2019. This means there were essentially 1.2 million fewer people in the workforce over the age of 55 than would otherwise be expected.
First, find out what Social Security benefits you can expect
For anyone born in 1943 or later, your full retirement age, as defined by the Social Security Administration, is between age 66 and 67, based on your birth year. If you're contemplating retiring before that, it's important to know that the Social Security program has been orchestrated to incentivize beneficiaries to delay claiming benefits. Specifically:
If you start taking benefits at age 62, your Retirement Benefit will shrink by 25% to 30%, depending on your birth year. That's because your lifetime annual benefits are decreased by approximately 8% for each year prior to your full retirement age you start to claim them.Conversely, your lifetime annual benefits increase by 8% for each year past your full retirement year if
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As college costs continue to rise, it's becoming increasingly difficult for students to pay for it themselves. The total student loan debt in the United States has risen to a staggering $1.75 trillion. This has led many parents and grandparents to want to help carry a portion of their child's or grandchild's college debt. They shouldn't jeopardize their own financial future by entering retirement with someone else's student loan debt, though.
SEE MORE Tax Breaks to Help You Pay for College
Even so, the number of adults over the age of 62 with student loan debt has reached a startling 2.4 million borrowers. If parents and grandparents plan on helping to pay for college, they need to plan ahead to stay debt-free in their golden years. There are many ways they can start planning now to help with college costs while still saving for their retirement.
529 plans offer tax advantages
529 plans are investment accounts that can be used to pay for education for a specific beneficiary. Choosing a 529 plan also comes with tax benefits. It will grow federal tax-free and will not be taxed when the money is taken out. It's important to note that you can use a 529 plan from any state to help cover education expenses in any other state. However, depending on the state you live in
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 Homebuilder Lennar reported sales and profits that topped forecasts and indicated there is still healthy demand for new homes despite rising mortgage rates.
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