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Trump picks Fox News' Jeanine Pirro as Washington DC prosecutor BBCTrump names Jeanine Pirro interim US attorney for DC CNNTrump appoints Fox News host Jeanine Pirro as top prosecutor in DC ABC NewsTrump's power may never be the same after Ed Martin's Senate defeat | Opinion Kansas City Star
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Trump gives break to Rolls-Royce cars but threatens more tariffs on Mattel toys NBC NewsU.S.-U.K. Trade Deal Builds on Close Ties but Leaves Some Tariffs in Place The New York TimesStock futures are flat following rally on U.S.-UK trade deal framework: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq rally on trade optimism as Trump says 'buy stock now'
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Stock futures are flat following rally on U.S.-UK trade deal framework: Live updates CNBCU.S.-U.K. Trade Deal to Build on Close Ties but Leave Some Tariffs in Place The New York TimesUS-UK trade deal: How good is Trump's deal for America? BBCTrump gives break to Rolls-Royce cars but threatens more tariffs on Mattel toys NBC News
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Shia LaBeouf reveals he used to live in Central Park, slept where horses were kept New York PostShia LaBeouf Reveals He Used to Live in Central Park, Sleeping Where Horses Are Kept: I Wasn't 'in a Good Way' People.comShia LaBeouf Speaks on Alec Baldwin Tension and Being Fired Us WeeklyShia LaBeouf Details Past Feud With Alec Baldwin Due to His "Fractured Little Weak Ego" E! Online
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Trump Says Fed Chair 'Is Not in Love With Me' as Crypto Market Soars DecryptTrump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it CNBCTrump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady CBS News
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A Soviet-era spacecraft built to land on Venus is falling to Earth instead Ars TechnicaA failed Soviet Venus probe is falling to Earth, and an astronomer will attempt to catch it on camera on May 8 SpaceFailed Soviet probe will soon crash to Earth - and we don't know where New ScientistWhat to Know About Kosmos-482, a Soviet Spacecraft Returning to Earth After 53 Years The New York Times
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Trump blasts Fed Chair Jerome Powell again for not cutting rates: ‘Not in love with me' New York PostTrump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it CNBCTrump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady CBS News
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Golden State Warriors vs. Minnesota Timberwolves Live Score and Stats - May 8, 2025 Gametracker CBS SportsBest moments from Wolves' series-evening win over Warriors ESPNLive updates: Julius Randle dropped 24 points as Wolves beat Warriors 117-93 Star TribuneNightly Pulse: NBA News & Highlights from May 8 NBAWarriors vs. Timberwolves odds, prediction, start time:
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After relentless US bombing campaign, Yemen's Houthis are biggest victors of truce The Times of IsraelTrump operation against Houthis cost more than $1 billion NBC NewsSeafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal Reuters
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New Pope Has Creole Roots in New Orleans, Genealogist Says The New York TimesContinuity the key for Pope seen as unifier in the Church BBCNew pope appears to have reposted critical social media posts about Trump and Vance CNNRobert Prevost of the United States is named Pope Leo XIV AP NewsPope Leo to lead first holy mass in Sistine Chapel after paying surprise visit Sk
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Justice Dept. investigating N.Y. attorney general who has targeted Trump The Washington PostFederal prosecutors open criminal investigation into New York attorney general The GuardianFBI opens formal investigation of NY Attorney General Letitia James Times UnionFBI probes New York AG James over mortgage fraud allegations, media reports Reuters
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Huckabee: US ‘isn't required to get permission from Israel' to cut deal with Houthis The Times of IsraelTrump operation against Houthis cost more than $1 billion NBC NewsHuckabee says US ‘not required to get permission' from Israel to cut deal with Houthis The Times of Israel
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Blake Lively will testify in Justin Baldoni trial, lawyer reveals in first interview New York PostJustin Baldoni's Lawyer Wants to Sell Tickets to Blake Lively's Deposition for This Reason (Exclusive) People.comBlake Lively will testify in Justin Baldoni sexual harassment trial Fox NewsBlake Lively's Lawyer Addresses Whether Taylor Swift Will Testify in Justin Baldoni Trial Yahoo
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Reba McEntire hosts 2025 ACM Awards tonight; performances by Rascal Flatts, Jelly Roll Fox News2025 ACM Awards Livestream: How to Watch the 60th Country Music Ceremony Rolling StoneACM Awards 2025: See the Full Winner's List The Hollywood Reporter2025 ACM Awards: Lainey Wilson, Nicole Kidman, Kelsea Ballerini stun on red carpet Fox News
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Trump administration unveils a plan to modernize the air traffic control system NPRTrump touts 'rebuilding and modernization' of US air traffic control, blasts Buttigieg for having 'no clue' Fox NewsFAA announces new air traffic control system in hopes of taming busy skies NBC News
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India and Pakistan trade attacks amid risk of war between nuclear states NPRIndia reports strikes on military bases, Pakistan denies any role BBCFirstFT: India says Pakistani drone attacks ‘neutralised' as conflict escalates Financial TimesMultiple explosions, blackout in Indian-administered Kashmir's Jammu city Al JazeeraIndian border cities sound blackout
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Transportation Secretary Unveils Plan to Overhaul of Aging Air-Traffic Systems The New York TimesTrump administration unveils a plan to modernize the air traffic control system NPRTrump touts 'rebuilding and modernization' of US air traffic control, blasts Buttigieg for having 'no clue' Fox NewsFAA announces new air traffic control syst
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White House overhaul of troubled US air traffic control system will cost ‘lots of billions' AP NewsTrump touts 'rebuilding and modernization' of US air traffic control, blasts Buttigieg for having 'no clue' Fox NewsNewark Airport delays persist as Transportation Secretary Sean Duffy reveals overhaul plan CBS News
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Proposed Medicaid Cuts Put Vulnerable Republicans in a Political Bind The New York TimesWays and Means chair to huddle with Trump on taxes PoliticoThese 6 Republican ‘red lines' could complicate Trump's policy plans The Washington PostHouse GOP infighting turns ugly over Trump's ‘big beautiful bill' CNN
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Bill Gates accuses Elon Musk of "killing the world's poorest children" with USAID cuts AxiosBill Gates Explains His Plans to Close the Gates Foundation in 2045 The New York TimesGates Donation Plan Highlights Challenge of Giving Away Buffett Fortune Barron'sBill Gates plans to close his foundation, give away nearly all of his fortune over 20 years: I don't want people to say, 'He died rich' CNBC
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Pakistan launched multiple attacks along India's western border, India says ReutersIndia-Pakistan live: India says it ‘repulsed' multiple drone attacks near border The IndependentHours after foiling Pakistan's attacks, Indian Army shares video of counteroffensive Hindustan TimesIndia reports strikes on military bases, Pakistan denies any role BBC
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Trump urges Speaker Mike Johnson to raise taxes on the wealthy, adding new wrinkle to massive GOP bill NBC NewsTrump tells Congress to raise taxes on the rich in budget bill The Washington PostTrump revives millionaire tax talks as Democrats blast GOP on Medicaid AxiosDonald Trump proposes to raise income taxes on wealthy Americans Financial TimesTrump Revives Push for Higher Taxes on the Rich The New York T
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Citing effects of tariffs, Vital Farms tells retail partners like Kroger, Target and Whole Foods that it will raise egg prices at least 10% this month.
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Baby boomers are amassing trillions of dollars in stocks bonds and mutual funds for retirement. But when they quit work and start selling those assets will there be enough buyers? Or will supply outstrip demand driving down prices and leaving the retirees with far less than they had expected? Wharton finance professor Jeremy Siegel addressed these issues during a presentation at Wharton on May 15 in which he also talked about the current financial markets worker productivity and growth in developing countries.
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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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