If I buy a house for $1 million in cash at 70, will I run out of money by 90?

The Securities and Exchange Commission has appointed Kathleen M. Hutchinson as Director of the agency’s Office of International Affairs (OIA). OIA advises the Commission on international policy matters, coordinates with foreign authorities across the globe to facilitate cross-border enforcement and supervisory cooperation and provides technical assistance. Ms. Hutchinson has served as OIA’s Acting Director since…

In our view, the second quarter was defined by strong but uneven US equity performance. The S&P 500 delivered a solid rebound in April, posting its best monthly gain since November 2020 and moving to fresh record highs before volatility re-emerged in June. The Nasdaq followed a similar pattern, with technology leadership driving the upside…

Apple sent letters to about 40 former employees who now work at OpenAI, demanding that they preserve documents and communications and meet with Apple lawyers, the Financial Times reported Friday (July 17), citing unnamed sources. The move is part of Apple’s efforts to secure evidence for the lawsuit it filed last week against OpenAI and…

“The biggest reason I feel like so many companies in our industry are struggling to find the value in AI is they’re looking at it as just like putting on a coat of paint,” Woodring said. “Like we’re going to take everything we do today, same house, new coat of paint, slap some AI on…

Uphold has cut its global headcount by 17%, laying off roughly 85 employees and contractors, CoinDesk reported, citing sources familiar with the matter. The company is redirecting spending toward its enterprise business after nearly doubling headcount during what CEO Simon McLoughlin called a period of “extraordinary growth.” What Uphold Is Selling to Partners Founded in…