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After Trump warning, Tehran says Strait of Hormuz 'will remain Iranian Euronews.comIran war live: Tehran says Hormuz under its control, Lebanon slams Israel Al JazeeraIran rejects ‘delusions' after Trump says he wants the Strait of Hormuz to be a U.S. territory NBC News
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Betterment says more than half of Gen-Z investors redirected investment dollars toward sports betting. Research suggests betting is crowding out brokerage investing.
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NFL Preseason Week 1 Takeaways For Fantasy Football: Carnell Tate, De'Zhaun Stribling & More FantasyLife2026 NFL preseason Week 1: Game takeaways, analysis ESPNNFL preseason picks: Rams over 16.5 points and Panthers with the points against Bills foxnews.comWhat to watch for in Preseason Week 1: QB duel on tap NFL.com
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President's business interests in office have become a political flashpoint
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Topic: PoliticsThe new Trump administration has done a dizzying list of extreme actions, insane cabinet appointments, executive orders and much more. The Democrats have been largely powerless to stop them, and do not appear to have even been trying very hard. Christian "reconstructionist" Russel Vought, architect of both Project 2025 and hidden plans, is running OMB, and Some fear a coup is in progress, and while it's not certain, the fear can't be easily dismissed.
What can be done? For Democrats, the time to act was last year, but they failed. Trump controls the White House, the Senate, the House and much of SCOTUS, a level not seen for many decades, though the margin is small. Most people are asking how can they resist, and as always, there is a great deal of outrage and statements of opposition.
There is a radically different strategy, one that will no doubt anger those feeling outrage, for it is frustrating, contains risk, and seems counterintuitive. It may also be the best plan.
It must be understood that Trump's main strategy is to create enemies, and unify his supporters around them. His main enemy is the left, or Democrats, but he has also specifically demonized immigrants, drag queens, trans people, abortion supporters and many others, even including China and allies like Mexico and Canada.
Trump works by pitching these enemies as the bogeyman, but he also enlists those enemies to help him. He is deliberately as provocative as he can be, in order to trigger outrage. If he can make his enemies lash out at his supporters, engender hate for him and
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A lot of retirement guidance I have read lately continues to treat baby boomers the same as the rest of the investor public. Even after the first six months of 2022, when the traditional 60/40 stock/bond portfolio sank more than 20%.
I may not dispute the traditional approach for investors who are 25, 35 or 45 years old and accumulating savings for retirement or the kids' college education. As we know, markets historically rebound, and younger investors with time to recover from market corrections have the benefit of dollar cost averaging.
SEE MORE Find Out in 5 Minutes If You Have Enough to Retire
But boomers entering or already in retirement have different needs than all the "Gens" that have come after them: They may not be able to wait around for their depressed accounts to grow again. For boomers, income is the important consideration — income that stays steady and grows over the decades of retirement.
Where to find income
Economic downturns always provide winners along with the many losers, and annuity payment contracts (also called income annuities) — which with rising interest rates have increased the payouts on new contracts — are the current winners. As of August 15, 2022, new purchases of income annuities at certain ages are providing 20% to 50% (depending on the income start age) more than at the beginning of the year, and that could go up even further. They're almost the mirror image of mortgage interest rates, which are also going up.
How much do you think a 20% increase in annuity payments is worth? Just imagine that your starting Social Security benefit you could claim next year went up from $3,000 to $3,600 per month. Would that get your attention
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