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Trump and Iran's Pezeshkian sign initial deal to end war - live updates BBCThe 14-point US-Iran peace plan, annotated CNNIran's President Signs Interim Peace Deal After Trump—Key Details Of Agreement Shared ForbesU.S.-Iran Agreement Includes Strait of Hormuz, Lebanon and More: See Full Text of the Deal The New York TimesTrump and Iran's President Pezeshkian sign memorand
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Nine of 19 officials who participate in Fed policy meetings penciled in at least one interest rate increase by year end, up from zero in March. It was Kevin Warsh's first as Fed chair.
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Apple to raise prices due to memory chip shortage, CEO Cook tells WSJ ReutersApple boss Tim Cook says prices to rise due to memory chip costs BBCTim Cook says iPhone price increase is 'unavoidable' MashableApple to raise prices due to memory chip shortage, CEO tells WSJ Yahoo FinanceTim Cook says RAM expenses are ‘unsustainable' and Apple is going to raise prices The Verge
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Conifer Infrastructure Partners has closed its debut fund at its hard cap of $900m, exceeding its original $500m target by $400m. The firm completed the raise for Conifer Infrastructure Partners I, LP through a single institutional closing process that took fewer than five months from launch. Backers include institutional investors across endowments, foundations, public pensions, […]
The post Conifer raises $900m in oversubscribed debut fund close appeared first on AltAssets Private Equity News.
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Apple CEO says price hikes are ‘unavoidable' as rising chip costs squeeze tech giant: report Fox BusinessApple boss Tim Cook says prices to rise due to memory chip costs BBCTim Cook says iPhone price increase is 'unavoidable' MashableApple to raise prices due to memory chip shortage, CEO tells WSJ Yahoo Finance
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Pentagon releases the names of 8 people killed in B-52 plane crash at California Air Force base NBC NewsAn engineer marking his wedding anniversary, service members and Boeing employees are among the victims of B-52 bomber crash CNNB-52 Stratofortress bomber crash: Military ID's 8 people killed in incident at Edwards Air Force Base in Kern County, California ABC7 Los Angeles
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Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.
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I don't ignore my retirement accounts, but I consider myself mostly a set-it-and-forget-it investor. I prefer to pick an investment strategy, arrange automatic contributions and then sit back without tinkering much with my portfolio. For that reason, I used a target-date fund in my 401(k) when I had one (I'm self-employed now). My husband invests in a fund with a 2050 target date through his employer plan.
A target-date fund aims to create an appropriate investment mix for the investor's age and approximate retirement date. A fund designed for someone with many years until retirement includes a high proportion of stocks for growth. Over time, the fund regularly rebalances, allocating a greater percentage of assets to less-risky, income-producing investments, such as bonds, as retirement nears.
We're far from alone in our preference for target-date funds. Among 401(k) participants in their twenties, 54% of their assets were in target-date funds at the end of 2019, and investors in their thirties had 45% of assets in target-date funds, according to a study from the Investment Company Institute and Employee Benefit Research Institute. Many large employer plans automatically enroll employees and use target-date funds as the default investment choice.
SEE MORE PODCAST: The Pros and Cons of Target Date Funds with Tony Drake
Evaluating Your Plan.
Target-date funds are attractive for their simplicity. But if you're dissatisfied with your plan's target-date offerings or have the appetite to construct a customized portfolio, you can typically select among a menu of several other investment options. If you have decades to go until retirement, you may want to dedicate 80% to 90% of your portfolio to stocks. I
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 Canada's main stock index futures inched
up on Thursday as oil prices rose, while fears of a second wave
of coronavirus cases in major economies held back a sharper
rise.
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