Author: Press Room

Stay informed with free updatesSimply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.Europe’s share of global commercial clinical drug trials almost halved over the past decade as pharmaceutical companies turned to the US and China to take advantage of their simpler regulatory regimes, according to industry representatives.The proportion of commercial trials being carried out in the European Economic Area dropped to 12 per cent of world studies in 2023 from 22 per cent in 2013, according to a report to be published on Tuesday by the European Federation of Pharmaceutical Industries and Associations lobby…

As the 2024 election approaches, candidate Vice President Harris and Former – President Trump promise to protect Social Security, but only Donald Trump has specific proposals. And Trump’s plan would cut Social Security benefits by 33 percent and drive Social Security to insolvency by 2031. The proposals would benefit high income individuals and drain $2.3 trillion from the trust funds, which need at almost $.5 trillion to stay solvent. On her part, Harris has not outlined how she would protect Social Security. The fundamental issue facing Social Security today is a looming funding crisis. According to the Congressional Budget Office…

Americans saw mortgage rates soar during the Federal Reserve’s aggressive campaign to fight inflation, leading many to hope for a reprieve after the central bank finally cut the federal funds rate last month for the first time in four years. But instead of declining, mortgage rates have marched higher for the past three weeks, with the benchmark 30-year fixed surging to 6.44% as of Freddie Mac’s latest reading.Mortgage rates spiked in 2022 and 2023 as the Fed hiked interest rates. In the span of just 16 months, the central bank approved 11 rate increases – the fastest pace of tightening…

This article was written byFollowDavid H. Lerner is an analyst with a decade of experience utilizing his professional background in software consulting and technology to identify market trends and provide long and short trade ideas. David employs a combination of technical analysis and market psychology to capitalize on narratives for outsized returns. He also utilizes “Cash Management Discipline,” a simple trading style to hedge against the volatility of today’s market climate.He leads the investing group Group Mind Investing where he uncovers actionable trading and investing ideas nearly every day. Other features include: long and short swing trade alerts, daily macro…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Moldova’s President Maia Sandu decried an “unprecedented assault” on the democratic process by “foreign forces” on Sunday as a referendum on EU membership remained too close to call after more than two-thirds had been counted. For weeks before polling day authorities had issued warnings about intense Russian interference, describing their fight against a hydra-like network of Kremlin proxies and an onslaught of illegal money intended to purchase votes. Sandu, who has depicted the referendum as a historic choice for the former Soviet…

There aren’t many absolutes in financial planning. There are, however, many—MANY—opinions. Advisors, personal finance gurus, and online opine-ers regularly die on the hills of passive vs. active investing, ETFs vs. mutual funds vs. individual stocks, traditional vs. alternative investing, good debt vs. bad debt, term vs. permanent life insurance, traditional vs. Roth IRAs, the roles of disability income and long-term care insurance, various cash flow management methods and apps, Social Security claiming techniques, tax avoidance strategies, and don’t get me started on the role of annuities in investing and income creation… But despite our desire to apply dualistic right-and-wrong thinking…

This article was written byFollow**Effective 8/20/2023 the in-depth retirement article series for John & Jane will be available in video format on YouTube. Please consider watching, commenting, and subscribing as I expand on my analysis. I am trying to keep the videos about 30 minutes or less but hope they will be even more interesting for those who have enjoyed the articles. I will still post shortened updates from time-to-time that comply with the rules Seeking Alpha would like me to follow that do not have the same level of depth.https://www.youtube.com/@consistentdividendinvestor/featuredGraduated in 2011 with degrees in Pre-Law and Business Administration…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The union representing 33,000 striking Boeing machinists said on Saturday that it had reached a tentative agreement to end a month-long work stoppage that has crippled the plane maker.The International Association of Machinists and Aerospace Workers, which represents Boeing staff, told members in a statement that it had received a “negotiated proposal” that “is worthy of your consideration”. Members will vote on whether to end the strike by ratifying the contract on Wednesday, the same day that Boeing is due to report…

Estimated tax requirements are a frequent problem for retirees, with many incurring penalties for underpaying their estimated taxes. Fortunately, there’s a little-known strategy that can help avoid penalties when a retiree realizes late in the year that estimated tax payments have been too low. Income taxes have to be prepaid during the year. If they aren’t withheld from income, a taxpayer must make estimated tax payments four times during the year. The estimated tax payments are supposed to be made as income is earned. You can’t avoid the penalty by making a lump sum estimated tax payment by the January…

Another 60,000 student loan borrowers will receive student loan relief in the coming weeks. The Biden Administration announced $4.5 billion in relief for public service workers such as nurses, teachers and social workers. The relief comes as a fix to the original Public Service Loan Forgiveness (PSLF) program. The program was initially signed into law by George W. Bush in 2007 to give non-profit and government employees loan forgiveness after 10 years in the workforce.”Before President Biden and Vice President Harris entered the White House, the Public Service Loan Forgiveness program was so riddled by dysfunction that just 7,000 Americans…