|
Trump sued over Truth Social's $100,000 early access service BBCTrump sued on First and Fifth Amendment grounds over paid Truth Social access CNNTrump sued over service selling faster access to Truth Social posts NPRThe Intercept Sues Trump for Selling Premium Access to Truth Social Announcements The InterceptAre Trump's Posts Worth $1.2 Million a Year? Wall Street Decides Bloomberg.com
|
|
Social Security's cost-of-living adjustment could be as much as 3.6% in 2027.
|
|
Here's how to watch the best meteor shower of the year in Western WA The Seattle TimesDallas weather: August 12 morning forecast FOX 4 News Dallas-Fort WorthHow to spot the Perseid meteor shower, a summer light show that promises to dazzle AP NewsThe most dramatic meteor shower of the summer peaks the day of a solar eclipse nbcnews.com
|
|
The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.
|
|
The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.
|
|
A bear market accompanied by market volatility has led to shifting perceptions of what constitutes a secure retirement, according to a new national poll by Kiplinger and retirement services company Athene. Top concerns of retirees and near-retirees include a possible recession, the financial security of Social Security, the cost of health care and inflation.
A majority of respondents say that having more guaranteed income in retirement would ease their concerns about running out of money. Even so, an overwhelming majority of current retirees report high levels of satisfaction and happiness. And retirees are generally confident about their financial future, with 70% reporting they expect to have enough income to live comfortably, and 66% saying they are confident they will not run out of money in retirement. However, preretirees are less sanguine. Less than 55% of respondents not yet retired expressed confidence that they will not run out of money at some point.
The poll targeted retirees and pre-retirees with a net worth of at least $100,000; the respondents' median household net worth (excluding primary residence) was $369,979 for retirees and $322,506 for pre-retirees. The relatively high net worth is one likely reason financial confidence in this survey is higher than reflected in other retirement-confidence surveys.
Retirees are a bit more positive about stock market volatility than preretirees. Nearly half (49%) of retirees are concerned that stock market volatility could cause serious economic hardship in retirement (versus 64% of preretirees). Some 68% of retirees say they are doing nothing (and waiting) in response to volatility this year (versus 60% of preretirees).
Among retired respondents, 83% have already claimed Social Security benefits, with a mean claiming age of 63. For 43% of these respondents, Social Security provides 50% or more of their annual retirement income. Top sources of stable income for current retirees (be
|
|