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Primary Elections Live Updates: Crowley, a Moderate Democrat, Defeats Hong in Wisconsin Primary for Governor The New York TimesFive key takeaways from this week's primaries in Minnesota, Wisconsin and beyond as midterms approach The GuardianThe far left hits a wall PoliticoElection Takeaways: Democratic Drama and a Trump Slump WSJ
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Live Updates: U.S. and Iran close to a "peace arrangement or a deal," Pakistan says CBS NewsIran war live: Mediators push for US-Iran talks as MoU deadline approaches Al JazeeraIran says no progress on reviving interim peace deal with US Reuters
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Ted Decker is expected to return in a few months, and two executives have been appointed to oversee his duties in the interim.
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The latest Consumer Price Index report helped to reinforce the patient approach adopted by many officials at the Federal Reserve about raising rates, but it has not resolved the debate altogether.
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Canadian investor Polar Asset Management has secured more than $215m for the first close of its second dedicated significant risk transfer (SRT) fund, expanding a strategy that has emerged as a key way banks are managing regulatory capital while opening a fast-growing niche for private credit investors.
The post Polar Asset Management launches second SRT fund, strikes $215m first close appeared first on AltAssets Private Equity News.
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Nvidia, Blackstone, Goldman Sachs and other major firms are nearing a deal to fund AI infrastructure. Nvidia's stock dropped anyway.
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A bear market accompanied by market volatility has led to shifting perceptions of what constitutes a secure retirement, according to a new national poll by Kiplinger and retirement services company Athene. Top concerns of retirees and near-retirees include a possible recession, the financial security of Social Security, the cost of health care and inflation.
A majority of respondents say that having more guaranteed income in retirement would ease their concerns about running out of money. Even so, an overwhelming majority of current retirees report high levels of satisfaction and happiness. And retirees are generally confident about their financial future, with 70% reporting they expect to have enough income to live comfortably, and 66% saying they are confident they will not run out of money in retirement. However, preretirees are less sanguine. Less than 55% of respondents not yet retired expressed confidence that they will not run out of money at some point.
The poll targeted retirees and pre-retirees with a net worth of at least $100,000; the respondents' median household net worth (excluding primary residence) was $369,979 for retirees and $322,506 for pre-retirees. The relatively high net worth is one likely reason financial confidence in this survey is higher than reflected in other retirement-confidence surveys.
Retirees are a bit more positive about stock market volatility than preretirees. Nearly half (49%) of retirees are concerned that stock market volatility could cause serious economic hardship in retirement (versus 64% of preretirees). Some 68% of retirees say they are doing nothing (and waiting) in response to volatility this year (versus 60% of preretirees).
Among retired respondents, 83% have already claimed Social Security benefits, with a mean claiming age of 63. For 43% of these respondents, Social Security provides 50% or more of their annual retirement income. Top sources of stable income for current retirees (be
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