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Pentagon reports more than 600 Iran war casualties in quiet database update The GuardianIran war casualty count eclipses 600 as Pentagon quietly changes accounting CNNPentagon's official Iran war death toll no longer lists 4 troops killed during renewed fighting AP NewsPentagon Changes How It Reports Casualties in Iran War The New York TimesTrump Can't Just Pretend Iran War Casualties Don't Count Reason Magazine
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MLB Trade Deadline: Red Sox send Connelly Early to Nationals for Curtis Mead NBC SportsRed Sox trade LHP Connelly Early to Nationals for Curtis Mead ESPNRed Sox trade pitcher Connelly Early to Nationals for infielder Curtis Mead CBS NewsRed Sox acquire slugging infielder Mead for LHP Early in trade with Nats MLB.comRed Sox To Trade Connelly Early To Nationals For Curtis Mead MLB Trade
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Big Tech Earnings Slam Into a Market in Revolt Over AI Spending Bloomberg.comAlphabet flops, Intel shocks, and Tesla tanks: AlphaSpace weekly recap Yahoo FinanceGoogle and Tesla shares plunge as AI spending rattles markets BBCMove over oil. AI leader Alphabet's spending sends investors running Detroit Free Press
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A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs AP NewsTrump sued hours after new tariffs take effect, as experts say they may not hold up CNBCTrump's appetite for tariffs never faded. His next moves could reshape trade CNNWhat Trump's Latest Tariffs Mean for the American Economy WSJ
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Most marketers see cheaper AI as a chance to cut costs. The teams pulling ahead see it as a chance to expand.
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Private equity groups have been hunting independent wealth management groups for their recurring earnings
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21-year-old Jackson Koivun fends off Scottie Scheffler to earn first career PGA Tour win at 3M Open Yahoo SportsKoivun wins 3M Open in third pro start, holding off Scheffler ESPNYoung gun Jackson Koivun poised for Sunday showdown vs. Scottie Scheffler at 3M Open PGA Tour3M Open 2026: Final round tee times and how to watch Golf Channel
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Police shoot dead Berlin Pride car-ramming attack suspect Al JazeeraBerlin police kill suspect in Pride festival attack after manhunt NBC NewsSuspect in deadly Berlin LGBTQ parade vehicle crash killed, police say ABC News - Breaking News, Latest News and Videos
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House Democratic leader Hakeem Jeffries kicks off 100 days till midterms with affordability agenda AP News‘Fighting for an affordable America': Hakeem Jeffries unveils closing midterm pitch PoliticoSTATEMENT: House Democrats Place Health Care At The Top Of Their Agenda After Trump And Republicans Raided It For Tax Cuts For The Rich Protect Our CarePress Release: Hakeem Jeffries Discusses Midterm Messaging, Costs and Democratic Strategy on CNN Quiver Quantitative
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Everyone expected a Bitcoin investing boom. Why it never came. USA TodayTrump's bitcoin push faces investor doubts as crypto ownership falls and bitcoin prices crash Hindustan TimesBitcoin dropped 2% then rebounded after Trump said he's 'a big crypto guy' — here are experts takes on buying the dip Yahoo FinanceBitcoin Rebound Fuels Investor Debate After Trump's Crypto Endorsement - Forward Guidance Trends dars.gov.et
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‘The Odyssey' earns $87M in its second weekend, Christopher Nolan's best second weekend yet AP News‘The Odyssey' shows how online rage finds a home The Washington PostWeekend Box Office: THE ODYSSEY Sails to Victory Again Boxoffice ProChristopher Nolan has made an Odyssey for our times - by sacrificing the delicious darkness of Homer's epic The Guardian‘T
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Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S&P 500 below key chart support.
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Rage-giving, innovation and cuts: How public media has survived without federal funds NPROne year since federal cuts to public broadcasting Spectrum NewsRSU Public TV prepares for future despite funding cuts Claremore Daily ProgressA year after funding cuts, Louisville Public Media endures | Opinion The Courier-Journal
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After analyzing 1 billion job ads, PwC uncovered a surprising trend: The skills gaining the most value in the AI age aren't technical at all.
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Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the S&P 500 is down about 20% so far this year.
The financial industry has a name for this scenario: sequence of return risk. "It matters most at retirement when you're selling assets for income," says Wade Pfau, a professor of retirement income at The American College of Financial Services in King of Prussia, Pa. "You need to sell a larger number of shares to get the same amount of money. Those shares are then gone so even if the market bounces back, your portfolio won't recover as much."
SEE MORE Using Your 401(k) to Delay Getting Social Security and Increase Payments
The newly retired are particularly vulnerable because they're "relying on this pot of money to finance the next 20 to 30 years of their life," says Amit Sinha, head of multi-asset design at Voya Investment Management in New York City.
Sequence of return risk is less of a concern for someone further along in retirement because retirees typically shift to safer, more conservative investments and have fewer years to pay for. Plus, these investors may have benefited from portfolios boosted by strong returns early in retirement.
Similarly, if retirement is a decade or more away, what happens to markets today is mostly irrelevant. "You just allow the compounding to work for you and recover over those years," says Sinha.
Someone retiring now, of course, doesn't have that luxury. If this describes you, there are several things you can do to minimize the damage, but first, assess what it's likely to mean for your portfolio long term.
Depending on how you react now, t
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I love it when organizations try and do something good, but don't think things through and end up delivering unintended negative consequences.
Today's case in point: the US Senate and the Federal Reserve, both of whom are looking to reduce high interchange costs, but are unintentionally increasing costs for merchants and sharply boosting the undiscovered fraud rate. Not bad for government work.
Let's start with the Senate, where Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) have crafted The Credit Card Competition Act of 2022. Its stated goal: reduce the interchange fee that financial institutions and card brands (Visa, MasterCard, Amex, etc.) charge retailers.
To read this article in full, please click here
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