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The future of retirement: Work until you die
Social Security, once seen as “old-age insurance,” will eventually disappear, this author predicts.
Asia Shares Surge as Tech Stocks Rally and Oil Retreats
Asia Shares Soar Amid Tech Rally; Oil Drops With Strait of Hormuz Hopes Market Movements and Economic Updates By Wayne Cole Asian Stock Markets Surge SYDNEY, Aug 5 (Reuters) – Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for…
3 No-Brainer Stocks to Buy If Data Center Expenditures Hit $3 Trillion by 2030
It’s no secret that the artificial intelligence (AI) hyperscalers are dumping billions of dollars into data centers to provide enough computing power to train their AI models along with running existing workloads. There’s not enough computing capacity to go around, and it will be several years before there is enough to meet the demand of…
Non-life insurers’ premium growth slows to 5.7% in July from 15.9% in June | Insurance News
Growth in gross direct premium underwritten by non-life insurers, including multi-line general insurers, standalone health insurers and specialised PSU insurers, slowed to 5.7 per cent year-on-year (YoY) in July, compared with nearly 16 per cent YoY growth in June, as premium growth at multi-line general insurers moderated. According to data released by…
How SIPP platform fees and unclaimed relief could cost you £1,000s
Savers with Self-Invested Personal Pensions (SIPPs) could boost their retirement pots by tens of thousands of pounds by ditching platforms with costly platform fees and claiming tax relief, according to new analysis. Research by investment platform InvestEngine suggests a basic rate taxpayer with a SIPP putting away £500 a month for 30 years could end…
FBI Drops Investigation Into Financially Troubled StoryBuilt
The FBI has ended its investigation into Austin-based developer StoryBuilt after the Department of Justice declined to prosecute the company over allegations of fraud and other misconduct, the Austin American-Statesman reported. StoryBuilt, which focused on infill developments in Austin and other cities, collapsed into receivership in 2023 amid accusations of financial mismanagement. The case…
