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Lindsey Graham, Republican Senator and Staunch Trump Ally, Dies at 71 The New York TimesSen. Lindsey Graham dies at 71 after ‘brief and sudden illness' NBC NewsInside Lindsey Graham's final push for Saudi-Israel peace AxiosLindsey Graham, Longtime Republican Senator, Dies at 71 WSJSen. Lindsey Graham, a close Trump ally and foreign policy hawk, dies after a brief illness AP News
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Typhoon Bavi: China evacuates nearly two million people as powerful typhoon makes landfall BBCMore than 1.7 million evacuated as Typhoon Bavi makes landfall in China Al JazeeraTyphoon Bavi Hits China, Causing Evacuations, Floods and Flight Delays The New York TimesSuper Typhoon Bavi Hurls Rare 20-Foot ‘Mega Swell' at Taiwan (Video) SURFER Magazine
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Joe Rogan bewildered by ‘crazy' Conor McGregor decision that led to stunning UFC injury New York PostMcGregor injures leg on opening kick vs. Holloway at UFC 329 ESPNJoe Rogan Unsure Why Conor McGregor Tried ‘Crazy Move' Yahoo SportsConor McGregor suffers early knee injury in return, loses to Max Holloway at UFC 329 NBC NewsUFC 329 fight fallout: Best options f
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Jannik Sinner and Alexander Zverev meet at Wimbledon, now both major champions. Will that change anything? The New York TimesJannik Sinner v Alexander Zverev: Wimbledon men's singles final - live The GuardianZverev leads Sinner in Wimbledon final ATP Tour‘Good but Not Good Enough' Novak Djokovic Wonders If He Can Win One More Big Trophy WSJThe Preview Day 14 Wimbledon
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Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit CNBCApple Sues OpenAI, Accusing It of Stealing Company Secrets The New York TimesOpenAI Engineer's ‘LOL' Moment Set Stage for Legal Fight With Apple Bloomberg.comApple accuses OpenAI of using stolen trade secrets to create its upcoming AI gadgets in new lawsuit CNN
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AI giants learn what everyone else on the modern internet already knows Business Insider
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Box Office: ‘Moana' Flounders With $43 Million Debut, Among Weakest of Disney's Live-Action Remakes Variety‘Moana' Misfires With $43M U.S. Opening; Looks To Horizon With A- CinemaScore - Sunday Box Office Update Deadline‘Moana' Review: It Doesn't Go Far The New York TimesLive-Action ‘Moana' Underperforms with $42-$46 Mil Opening, ‘Minions & Monsters,' ‘Toy Story 5' Continue B.O. Animation Domination Animation Magazine
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Focus turns to building stronger institutions in Africa to speed shift to renewable energy AP NewsSee more headlines & perspectives on Google News
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iPhone 18 Pro Release Date: New iOS Update Reveals September Plan ForbesApple's iPhone 18 Pro Max will be a chunky boy, report claims MashablePricier iPhones Are Coming. What—and When—Should You Buy? WSJiPhone 18 Pro Battery Capacities Revealed by Regulatory Filings MacRumorsiPhone 18 Pro Max costs to build may surge $300 MSN
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Sen. Lindsey Graham of South Carolina, Trump ally and foreign policy hawk, dies at 71 NPRLindsey Graham, longtime GOP senator and Trump ally, dies at 71 after sudden illness CNNTrump says Graham's death is ‘big blow to the SAVE America Act' The HillLindsey Graham, longtime senator from South Carolina, dies at 71 The Washington Post
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US strikes Iran over latest ship attack and Tehran responds by hitting Arab states AP NewsLive updates: U.S. conducts another round of strikes on Iran as Trump, supreme leader exchange threats CBS NewsWaltz says ceasefire ‘broken down' after US and Iran trade fire ABC News - Breaking News, Latest News and VideosIran launches attacks on Gulf states after heaviest U.S. strikes in months The Washington Post
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Conor McGregor's UFC return ends after 69 seconds with knee injury: ‘I am beyond dark here' The GuardianMcGregor injures leg on opening kick vs. Holloway at UFC 329 ESPNUFC fighters react to Conor McGregor's disastrous return defeat to Max Holloway at UFC 329 Yahoo SportsConor McGregor suffers early injury in return and loses to Max Holloway at UFC 329 CNNConor McGregor releases statement on UFC 329 loss, denies entering fight with injury: 'I am beyond dark here' CBS Sports
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Seahawks sale: Answers to five key questions about what's next The Seattle TimesKhosla-led group agrees to buy Seahawks; sources say $9.6 billion ESPNThe Tech Entrepreneur Who's Paying an NFL Record Price for the Seattle Seahawks WSJVinod Khosla's wife, Neeru, will be controlling owner of Seahawks NBC SportsSuper Bowl champ Seahawks selling for $9.6B Axios
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A Trump Account could make your kid a millionaire—but financial experts warn of a catch FortuneTrump Accounts: Who is eligible, how $1,000 deposits work and how to open one CNBCOpinion | Trump's Wealth Opportunity WSJNew ‘Trump Accounts' offer another way for parents to invest in a child's future WIS News 10
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SK Hynix CEO Warns 2027 Will Be Memory's "Worst Year" Ever, With Shortages Set To Outlast The Decade WccftechSee more headlines & perspectives on Google News
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Martha Lillard, last US polio patient using iron lung, dies at 78 in Oklahoma ABC News - Breaking News, Latest News and VideosSee more headlines & perspectives on Google News
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Conor McGregor suffers early knee injury in return, loses to Max Holloway at UFC 329 AP NewsMcGregor injures leg on opening kick vs. Holloway at UFC 329 ESPNMax Holloway reacts to Conor McGregor's UFC 329 injury, eyes Islam Makhachev Yahoo SportsConor McGregor's long-awaited Octagon return cut short by apparent knee injury seconds into UFC 329 Fox News
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Maine Democrats Will Replace Graham Platner. Here's What to Know. The New York TimesPlatner's Rise and Fall Revives Old Questions About ‘Bernie Bros' and Women The New York TimesAs Democrats pick up the pieces after Graham Platner, many wonder: how did this happen? The GuardianGraham Platner officially withdraws from Maine Senate race PoliticoWoman alleges Graham Platner raped her in 2021 while they were dating, which he de
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Typhoon Bavi batters eastern China, threatens days of heavy rain ReutersTyphoon Bavi: China evacuates nearly two million people as powerful typhoon makes landfall BBCTyphoon Bavi weakens to tropical storm as it slams into eastern China Al JazeeraStorm Causes Mass Evacuations, Floods and Flight Disruptions in China The New York Times
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Justice Dept. subpoenas N.Y. Times journalists over reports on new Air Force One The Washington PostWhite House Directed Patel to Oversee Investigation Involving Times Reporting - The New York Times The New York TimesTrump Administration Subpoenas New York Times Reporters After Air Force One Reporting WSJTrump administration subpoenas New York Times journalists over new Air Force One reporting The Guardian
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Cyberattacks from China-based entities are on the rise and not just targeting specific tech, analysts warn, as the U.S. AI race intensifies.
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Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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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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Companies have rushed to sell new bonds in China this year, as Beijing loosens financial conditions to shore up businesses in a weakening economy.
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