Many pre-retirees and retirees make serious mistakes regarding their retirement income and spending for living expenses. This is very understandable, since building sources of lifetime retirement income can be complicated and beyond someone’s skill set. Preparing retirement budgets can also be time consuming and frustrating. As a result, either you…

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At 21, Gianluca Rindone got his first job making bodies for Fiat’s Maserati cars alongside his father, a Sicilian who had been lured to Turin’s auto boom in the 1970s. He thought it would be a lifelong career but after three decades Rindone has been furloughed, falling victim to the…

Since January 1, 2023, there has been a cap on insulin for Medicare beneficiaries. The cap applies to those who have Part D prescription drug coverage, whether through a stand-alone plan or as part of a Medicare Advantage plan. (The cap also applies to insulin administered via a pump under…

Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high home prices. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.44% from last week’s reading of 6.32%.…

The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than 60,000 borrowers who work in public service. The Department of Education said in a news release the relief came about from “significant fixes” to the Public Service Loan Forgiveness (PSLF)…

Maybe the AI boom isn’t petering out after all. The news Taiwan Semiconductor Manufacturing Company on Thursday reported strong third-quarter results fueled, in part, by artificial intelligence processors. Per-share profit at the world’s largest third-party chip producer jumped 54% from the year-ago period. Sales rose 36%. TSMC shares that trade…

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American shoppers continue to power the US economy. Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll. Wall Street cheered…

This article was written byFollowAdvanced education in economics, business management and engineering. Professional experience with product management and development in high tech industry, including advisory with multiple fintech startups. Have been investing in growth companies since 1998. Recent interest of investment also includes income-focused portfolio, fund-based approach.Analyst’s Disclosure: I/we have…