Why Fixating on Social Security Isn't the Most Secure Path to Retirement
Increasing Social Security benefits can help you increase retirement income, but there's a better way to boost your living standard in retirement.
Increasing Social Security benefits can help you increase retirement income, but there's a better way to boost your living standard in retirement.
Japanese shares were volatile on Tuesday, while the yen fell to near 150 per dollar after the Bank of Japan in a widely expected move ended eight years of negative interest rates and ushered in the nation's first policy tightening since 2007. In a week filled with central bank meetings across the globe, the BOJ heralded a new era as it shifted away from years of ultra-easy monetary policy. The BOJ set the overnight call rate its new target and said it would guide it in a range of 0-0.1% by paying 0.1% interest on excess reserves financial institutions park with the central bank.
The firm has benefited from the AI boom, making it the third-most valuable company in the US.
The Japanese yen weakened while stocks swung between small gains and losses after the Bank of Japan on Tuesday announced an end to years of ultra-easy monetary policies, marking an historic shift from a decades-long fight against deflation. In a widely expected decision, the central bank ended its negative interest rates policy and yield curve control (YCC), as well as dropping purchases of risky assets, including exchange-traded funds (ETFs). Local and international media, including Reuters, had been reporting over the past week of a likely end to most or all of the BOJ's stimulus programmes at this policy meeting.
It’s bad for the people within the royal family, it’s bad for taxpayers, and it’s bad for the people speculating on where Kate is
LOS ANGELES (AP) — A California legislator backed by former President Donald Trump and a sheriff who promises to harden the nation’s porous borders are facing off in a special U.S. House election to complete the remaining term of deposed former Speaker Kevin McCarthy, which runs through January. State Assembly member Vince Fong, a onetime McCarthy aide who also has his endorsement, and Tulare County Sheriff Mike Boudreaux, both Republicans, are among a cluster of candidates in the solidly conser
The yen fell on Tuesday after the Bank of Japan (BOJ) ended its negative interest rate policy in a monumental but highly anticipated decision, while the Australian dollar also slid after its central bank kept rates steady. The BOJ ended eight years of negative interest rates and other remnants of its unorthodox policy at the conclusion of its two-day policy meeting, making a historic shift away from decades of massive monetary stimulus. The BOJ also said on Tuesday it will reduce the amount of government bonds it will purchase after ending its negative interest rate policy and abolishing yield curve control, while also discontinuing purchases of exchange-traded funds and Japanese real estate investment trusts.
TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The short-term rate was raised to a range of 0 to 0.1% from minus 0.1% at a policy meeting that confirmed expectations of a shift away from ultra-lax monetary policy. It’s the first rate hike since February 2007. The bank had set an inflation target of 2% as an indicator that Japan had finally escaped deflationary
Apple's potential AI deal with Alphabet and Nvidia's GPU Tech Conference sparked a renewed rally in the AI theme on Monday.
The SEC settled with two firms, Delphia and Global Predictions, who it had charged with making false and misleading statements about AI use.
Vladimir Putin has made at least 11 threats of nuclear war against the West since he launched his full-scale invasion of Ukraine in February 2022
Tuesday's Democratic primary for one of three contested seats on the Ohio Supreme Court will kick off a high-stakes battle for partisan control of the court this fall. The court, which currently has a 4-3 Republican majority, holds sway over how to implement an amendment to the state constitution protecting abortion rights that voters overwhelmingly approved last year. Ohio is one of 33 states with supreme court races this year and among the few where voters have an opportunity to flip partisan
CHICAGO (AP) — An open race to lead the nation’s second-largest prosecutor’s office is in voters' hands after a heated primary campaign in the Chicago area. The Democratic matchup for the Cook County state’s attorney primary features Eileen O’Neill Burke, a former appellate judge with a large campaign war chest, versus Clayton Harris III, a professor and attorney who’s held government posts. The winner of the primary in the Democratic stronghold is expected to win outright in November. The race
WASHINGTON (AP) — Republican Donald Trump has launched his general election campaign not merely rewriting the history of the Jan. 6, 2021, Capitol attack, but positioning the violent siege and its failed attempt to overturn the 2020 election as a cornerstone of his bid to return to the White House. At a weekend rally in Ohio, his first as the presumed Republican Party presidential nominee, Trump stood onstage, his hand raised in salute to the brim of his red MAGA hat, as a recorded chorus of pri
SAN FRANCISCO (AP) — Former CNN reporter Don Lemon mixed it up with Tesla CEO Elon Musk in an interview Lemon posted on Musk’s X social network Monday. The interview was supposed to kick off Lemon’s new talk show on X, formerly known as Twitter, at least until Musk canceled the show shortly after the interview was recorded. Over the course of slightly more than an hour, the two men jousted over subjects ranging from the political consequences of immigration and the benefits and harms of content
The city of Fort Collins is considering several changes to the process of public comment during city council meetings.
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
The move marks the first time the country's central bank has raised interest rates for 17 years.
Former Aurora Police Chief Vanessa Wilson, who was fired in 2022, is suing the city for wrongful discharge, alleging her termination was in retaliation for her support of the department’s consent decree.
The proportion of U.S. abortions administered by medication rose to more than 60% in 2023, following a dramatic decline in surgical abortion access after the U.S. Supreme Court overturned Roe v. Wade, a report said on Tuesday. The Supreme Court's 2022 decision to end abortion rights allowed more than a dozen states to ban abortion with limited exceptions and close clinics, restricting access to surgical abortion procedures. That in turn led to a growing reliance on a two-pill regimen to terminate pregnancies, with U.S. abortions administered by pill increasing 10% since 2020, according to the Guttmacher Institute, an abortion rights advocacy group.
COLUMBUS, Ohio (AP) — Republicans are watching a pair of high-profile elections in Ohio on Tuesday that could determine their chances of picking up critical seats this fall and expanding their power in Washington. One is a contentious and expensive Republican primary for the chance to face third-term Sen. Sherrod Brown this fall. The second is a GOP matchup in the 9th Congressional District held by Rep. Marcy Kaptur, of Toledo, the longest-serving woman in Congress. Both Brown and Kaptur are con