I’m 63, a retired CPA with a $1.2 million 401(k). Do I need to bother with a Roth conversion?

America’s appetite for power is growing. Between booming artificial intelligence (AI) data centers, grid resiliencey, and expanding industrial demand, the Bank of America Institute projects U.S. electricity consumption to grow at a 2.5% annual rate over the next decade, five times faster than during the previous 10 years. That shift could create opportunities for niche…

Sam Altman’s concept of “cool” seems to differ from the majority. In his X profile, he says, for instance, that “AI is cool i guess,” a statement with which many would likely disagree. He also fails to capitalize “i,” which some think is cool, but not all. And when the OpenAI CEO shared what he…

Wise’s shares fell by 9% on Friday morning after the US Office of the Comptroller of the Currency (OCC) rejected its application for a national trust bank charter, delivering a severe setback to the cross-border payments firm in its primary growth market. As major fintech firms, including Revolut, have sought national trust bank charters in…

Mortgage Strategy’s must-reads: Top 10 stories of the week Rate uncertainty and high-profile boardroom appointments have driven the mortgage agenda over the past seven days. From the debate surrounding the Bank of England’s base rate hold to Nationwide naming Richard Walker as head of intermediary sales, we round up the week’s key developments. Explore these…

(Image credit: Future) Invest smarter with Britain’s best-selling financial magazine. Benefit from expert analysis on investments, stocks and shares, pension planning and more. Take advantage of our End of Summer Sale offer and get 50% off your first quarter – sale ends 15 September. (Image credit: Future) Your first 13 issues for just £32.99 £16.48 (that’s 50% off the subscription…