Author: Press Room

By Richard Cowan WASHINGTON (Reuters) – Democrats in the U.S. Congress fended off some of the deepest cuts to housing and other social safety net programs sought by Republicans, but low-income Americans will nonetheless feel the brunt of reductions that were included in a new law. Washington’s efforts to address the availability of affordable dwellings for low-income families and rid aging structures of dangerous lead-paint contamination suffered funding setbacks in legislation enacted earlier this month as part of a wide-ranging government spending measure. As soon as Sunday, congressional leaders could unveil a deal on a second batch of legislation that…

Medicare is a lifesaver for most retirees who need affordable health coverage after age 65. However, it’s very different from the health insurance plan you may have participated in as an employee benefit. For example, Medicare doesn’t provide coverage for some essential items that are often delivered through employer-sponsored health plans. If you’re nearing age 65 and planning to sign up for Medicare, it’s essential that you find out if Medicare covers the specific services you need to maintain your health and enjoyment of life. Once you know what may be missing, you can make alternative arrangements. Let’s take a…

I’ve been an expat for most of my life. Originally from Japan, I’ve lived in a total of six countries. For the past 15 years, I’ve called Geneva, Switzerland, my home.When my then-husband and I decided to move here, to his hometown, our first child was just 10 months old. We wanted a change from the hustle and bustle of New York and London, where we’d worked long hours as investment bankers.Raising a family here has been a tremendous blessing. Now my ex and I co-parent two teenagers. His house is just a five-minute walk from mine. Geneva is different…

Retiring in the U.S. can be expensive. In Florida, often the favorite state of the nation’s retirees, settling down to enjoy your golden years can cost as much as $58,396 a year.That’s one reason why many Americans choose to leave the States and retire abroad. Nearly 450,000 people received their Social Security checks outside the U.S. at the end of 2021, up from 307,000 in 2008, according to a 2023 report from the Wall Street Journal.But not all international retirement destinations are created equal, especially if you’re on a budget. Last month, International Living released its list of the 13…

When Volkswagen decided to relaunch the Scout SUV brand it took a very unusual step. It created a new subsidiary company to design, build and sell vehicles targeted, almost entirely, at a single market: the United States. Its status as a subsidiary of Volkswagen Group, similar to Audi and Porsche, gives some indication of just how important this project is to VW. The revived and revamped Scout Motors will introduce its new brand of all-electric off-road-capable SUVs, kind of like Rivian. But VW is banking on something Rivian doesn’t have, a backstory. An avid fanbase in America fondly remembers Scout.…

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 The market moves quite fast and investors have to act with the same speed. Every second, a token is being bought or sold or traded or staked. Each of these actions can have effects on the market and the respective token. In addition, this is happening 24/7 in the crypto market that is never closed and never sleeping.When the market around investors is always changing, it is important that investors change too. Whether this is changing their approach or changing what or how they invest, investors always have to make and reconsider their decisions. One change that seems prominent is…

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The widow of a pilot who died in a plane crash is suing Sergey Brin, a cofounder of Google.The lawsuit claims Brin’s plane was negligently fitted with an extra fuel tank for a trip to Fiji.The suit also alleges that the billionaire intentionally delayed the search-and-rescue effort. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Sergey Brin, a cofounder of Google, is facing a wrongful-death lawsuit stemming from a plane crash last year that killed two crew members en route to a private island in the South Pacific.The suit, which the pilot’s widow,…

Investment Thesis: The market is underestimating the exciting prospects of NICE’s cloud business. This business has a strong balance sheet position, a long history of serving the market and is positioned to benefit from the AI wave. At 11x EV / 2027 Adj. EBIT projections, I believe this investment offers a good risk/reward profile. The Business Model NICE Ltd (NASDAQ: NICE) is one of the leading providers of enterprise software solutions enabling organizations to manage and improve customer experience, ensure compliance, battle financial crime, and safeguard people and assets. Under its current structure, the company has three reportable segments and…