Author: Press Room
Most workers approaching their retirement years haven’t saved enough money to retire full time at age 65 and continue their current level of spending. Let that disturbing conclusion sink in for a while. Unfortunately, many workers haven’t realized this fact and have unrealistic assumptions about when they can retire and their standard of living in retirement. If they were to “do the math,” they’d find that they may need to work longer than they’d hoped, reduce their spending in retirement, or do some combination in order to afford retirement. Neither of these facts needs to be a bummer. If you’re…
This article was written byFollowYavuz Akbay is quantitative analyst with over 5 years of experience in interpreting complex financial data, developing complex mathematical models and modeling and forecasting. Utilizes machine learning algorithms to enhance financial analysis and provide accurate and timely recommendations. Yavuz holds a Bachelor of Business Administration and now continuing Master’s of Economics.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi authorities repeatedly warned Germany about the man alleged to have carried out Friday’s attack on a Christmas market in the east German city of Magdeburg that left five dead and dozens injured, according to German security officials.The officials said Riyadh warned the German authorities the suspected attacker, Taleb al-Abdulmohsen, a Saudi dissident who described himself as an ex-Muslim, had boasted on social media that “something big will happen in Germany”. It was unclear if police ever acted upon the warnings.Al-Abdulmohsen’s many…
The ability to switch Medicare plans isn’t as available as many beneficiaries are told or believe, and the Centers for Medicare and Medicaid Services wants beneficiaries to be more aware of the practical limits. In a section of new proposed regulations, the Centers for Medicare and Medicaid Services says that agents and brokers must discuss certain topics with customers before enrolling them in Medicare Advantage plans, a proposal CMS labels Informed Enrollment. Most Medicare beneficiaries know that each year during open enrollment (October 15 – December 7) they’re allowed to change their coverage. The new coverage will take effect the…
This article was written byFollowIn 2006, WisdomTree launched with a big idea and an impressive mission — to create a better way to invest. We believed investors shouldn’t have to choose between cost efficiency and performance potential, so we developed the first family of ETFs designed to deliver both. Today, WisdomTree offers a leading product range that offers access to an unparalleled selection of unique and smart exposures. Read the full article here
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Qualcomm claimed victory over Arm after a US jury largely ruled in its favour on Friday in a long-running dispute over its acquisition of chip company Nuvia in 2021.Arm vowed to seek a retrial, however, because of what it called a “deadlock”, as jurors failed to reach a decision on one of the three questions they were asked to answer — setting the stage for more litigation or a potential settlement.After the jury delivered its partial verdict on Friday, the Delaware federal…
Helping aging parents can be a difficult journey as they age. Some elders are relatively simple, though always work, while other families experience a minefield with their parents. Some aging parents have always been manipulative in their lives. It can get worse with aging, when they expect more as their needs increase. Those with substantial assets can use threats of disinheriting their kids to try to force them into doing their bidding. Adult children may feel trapped, stressed, emotionally drained, and overwhelmed. If they do what the aging parent demands, they are angry at being manipulated. If they don’t obey,…
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.72%, up from last week’s reading of 6.6%. The average rate on a 30-year loan was 6.67% a year ago. “This week, mortgage rates crept up to a similar average as this time in 2023,” said Sam Khater, Freddie Mac’s chief economist. “For the most part, mortgage rates have moved between 6 and 7 percent over the last 12 months. Homebuyers are slowly…
Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Q4 2024 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Bartolai – IRShahram Askarpour – CEOJeff DiGiovanni – CFO Conference Call Participants Andrew Rem – Odinson PartnersDoug Ruth – Lenox Financial ServicesGowshi Sri – Singular Research Operator Good evening. And welcome to the Innovative Solutions & Support’s Fourth Quarter Fiscal 2024 Financial Results Conference Call. All participants will be in listen-only mode [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Paul Bartolai. Please go ahead. Paul Bartolai Thank you.…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Congress has just 24 hours to find a deal to keep the government open after the House of Representatives voted down a funding bill on Thursday night despite support from Donald Trump.The 174-235 vote tees up a race by House Republicans to approve a new bill. The failed deal would have extended government spending to March 14, sent billions of dollars to communities devastated by natural disasters and suspended limits on federal borrowing for two years — a…
