|
Performance has lagged at Paul Singer's hedge fund amid concerns that large size is barrier to strong returns
|
|
The International Energy Agency says global oil and gas demand will rise for the nex…
|
|
Newsom at UN climate summit says Trump is "doubling down on stupid" AxiosNewsom in the Spotlight at the Climate Conference That Trump Decided to Skip The New York TimesCalifornia governor calls Trump ‘an invasive species' at Cop30 climate talks The Guardian"Trump Is Temporary": California Governor Newsom Seizes COP30 Spotlight NDTV
|
RELATED ARTICLES | | |
|
Private Aviation Has Boomed During the Government Shutdown The New York TimesDuffy warns of ‘massively more disruption' in air travel if shutdown extends to weekend The HillUS flight cancellations and delays to get worse even if shutdown ends The GuardianFlight disruptions will persist even after shutdown ends, airlines warn The Washington Post
|
|
Supreme Court extends SNAP payments freeze as lawmakers near shutdown vote AxiosUS supreme court extends Trump pause on $4bn in food aid benefits The GuardianSupreme Court extends its order blocking full SNAP payments, with shutdown potentially near an end NPRSupreme Court extends stay of order requiring administration to pay full SNAP benefits for November abcnews.go.com
|
|
Wall Street wants you to believe that a year-end stock-market rally starts now.
|
|
Protesters break into COP30 venue in Brazil BBCProtesters confront security at main venue of UN climate talks abcnews.go.comTussles break out between protesters and security at Cop30 in Brazil The GuardianIndig
|
|
Duffy Won't Give Timeline to Restore Flights as Shutdown Appears Near End The New York TimesTransportation boss says flight delays so far are 'tiddlywinks' compared to what's to come USA TodayWATCH LIVE: Transportation Secretary Sean Duffy to give air travel update at O'Hare NBC 5 ChicagoFlight restrictions will ease, DOT says — o
|
|
SoftBank's Shares Dive After Nvidia Sale Spooks AI-Wary Market Bloomberg.comSoftBank sells its entire stake in Nvidia for $5.83 billion CNBCTranscript: SoftBank divesting from Nvidia could be good, actually Financial TimesSoftBank Sells $5.8 Billion Stake in Nvidia to Pay for OpenAI Deals The New York Times
|
|
What the Looming Fall of a Ukrainian City Says About Putin's War The Wall Street JournalRussian forces roll 'Mad Max'-style into battered Ukrainian city of Pokrovsk, video shows ReutersPokrovsk: Russian forces use fog cover to push further into key Ukraine town BBCUkraine's Hardest Winter Foreign AffairsRussian Offensive Campaign Assessment, November 10, 2025 Institute for the Study of War
|
|
Newsom tells AP the eight senators who struck the shutdown deal aren't alarmed enough about Trump AP NewsLive updates: Funding bill heads to House but shutdown could continue to impact air travel | CNN Politics CNNTrump news at a glance: Top House Democrats vow to oppose shutdown bill after splinter group disappoints The GuardianSenate Passes Bill to Reopen Government Amid Democratic Rift The New York TimesHow Senate Republicans won the last vote to end the shutdown
|
|
A Blue Island family said they forced to choose between paying bills or buying groceries after losing SNAP benefits.
|
|
Fund managers do tax-loss selling now to offset gains — giving value investors an opportunity
|
|
Economic data releases — payroll and jobs reports, CPI and PPI — have lagged during the government shutdown and likely will take some time to get rolling again.
|
RELATED ARTICLES | | |
|
CoreWeave's (CRWV) CEO Responds after Data Center Delays Cause Shares to Tank TipRanksCoreWeave CEO won't say if Core Scientific caused data center delays, both stocks plunge CNBCCoreWeave Earnings Beat Estimates. Why the Stock Dropped 16% Today. Barron'sCoreWeave Reports Doubling of Revenue From AI Boom The Wall Street Journal
|
|
It's up to the U.S. Supreme Court and Congress to decide when full payments will resume under the SNAP food aid program that helps 1 in 8 Americans buy groceries, as some wonder how they will feed their families without government assistance.
|
RELATED ARTICLES | | |
|
Ohio State stays on top of playoff bracket, while Miami makes a big move AP NewsOhio St., IU, Texas A&M, Alabama top CFP ranking ESPNCollege Football Playoff Rankings: Ohio State holds at No. 1 as Texas Tech jumps Ole Miss in top 25 CBS SportsCollege Football Playoff Selection Committee Releases Second Rankings of 2025 College Football Playoff
|
|
Airlines will need time to adjust schedules even after the shutdown ends, carriers warned.
|
|
Kimberley Ho needed her brand to appeal to tweens — and their parents.
|
|
Airlines have canceled more 9,000 flights across the U.S. since the Federal Aviation Administration ordered flight cuts late last week, mostly to ease demand on control towers that are short-staffed during the federal government shutdown.
|
RELATED ARTICLES | | |
|
‘Dancing With the Stars' Week 9: Robert Irwin Owns Show's 20th Birthday Celebration With Perfect Scores, Relay Round Win Yahoo News Canada'Dancing with the Stars' Full Recap: Prince William Makes Surprise Cameo and 1 Fan Favorite Gets Sent Home People.comWitney Carson on DWTS With Robert Irwin, Mom Guilt, 20th Birthday Episode The Hollywood Reporter'Dancing With the Stars': Tom Bergeron Reveals Why He's Returning as Guest Judge (Exclusive) TV Insider
|
|
Republicans need Trump for the debate on Obamacare credits PoliticoTrump's shutdown win just landed Republicans with a huge political headache CNNAs Shutdown Nears End, Trump Still Confronts Soaring Health Costs The New York TimesDemocrats lose shutdown battle — as Trump, Republicans risk losing war The Washington Post
|
|
One analyst says payment delays across states are likely, even after the government's reopening.
|
|
Retailers are preparing for a holiday season clouded by tariffs, inflation and economic uncertainty. Consumers will see higher prices, fewer deep discounts and tighter inventory in some categories.
|
|
Apple is now selling a $150 sling for your iPhone made by the same designer who created Steve Jobs' iconic black turtleneck FortuneIntroducing iPhone Pocket: a beautiful way to wear and carry iPhone AppleApple made a $230 crossbody… sock The VergeApple unveils $229 iPhone Pocket described as 'a piece of cloth' Interesting EngineeringApple launches $230 iPhone Pocket case. See internet's reaction USA Today
|
|
At its annual UnBoxed event, the retail giant unveiled new AI ad tools and a centralized hub called Campaign Manager
|
RELATED ARTICLES | | |
|
The product underscores how publishers are turning to utility-oriented apps to diversify their reach amid traffic disruptions.
|
|
A lawsuit filed on Monday argued that the president has discriminated against blue states by slashing federal funds for political leverage during the shutdown.
|
|
Flight delays and cancellations piled up in recent days as air traffic controller staffing shortages worsen in the government shutdown.
|
|
A delay in SNAP benefits mixed with a decline in foot traffic has many stores, restaurants and food producers concerned about sales.
|
|
After doing everything they can to keep prices from rising this holiday season, many small businesses say 2025 may be the last year they can pull it off.
|
|
Pfizer hiked its full-year profit guidance, citing its strong business performance and cost cuts, even as sales for the period fell.
|
|
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
|
|
After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.
Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.
SEE MORE Is Your Job Burning You Out?
One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.
Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.
Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.
Here are a few moves to consider:
Build an Emergency Fund Twice as Big as a Salaried Worker's
No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.
Consider keeping six to 12 months of r
|
|
