Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe host was rude to guests. The location was contentious and the agenda was declared unfit for purpose. The COP29 climate conference in Azerbaijan’s capital of Baku began in less than…

Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host of little-known rules that are traps for the unwary, and that’s before considering the end of the Stretch IRA and the creation of the 10-year rule that were enacted in…

This article was written byFollowFin-tech startup leveraging machine learning technology to discover investing opportunities and to generate growth-optimal portfolios. Publisher of the WideAlpha AI-Selected Index, which has markedly outperformed its benchmark.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans…

Donald Trump has picked Scott Bessent to be his US Treasury secretary, nominating one of his biggest financial backers as the top economic official of his second administration.Bessent will be responsible for overseeing the president-elect’s most prominent economic pledges, including sweeping tax cuts, while maintaining the stability of the world’s…

If you’ve never encountered the term “decumulation,” you’re probably asking, “Decumu-what???” For most of your investing life, you’ve been focused on accumulation investing, building wealth over time by maximizing your investment returns for a given level of risk. You’ve had the luxury of longer time horizons and the ability to…

With President-elect Trump set to return to the White House in January, the sun appears to be setting on the Biden administration’s student loan handout spree.  But one moderate New York Republican still thinks Congress should act to ease the debt burden carried by borrowers. Rep. Mike Lawler, R-N.Y., introduced…

McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several media outlets for a roundtable session at the KÀ by Cirque…

This article was written byFollowAs a value investor concentrating on companies with long-term growth potential at a reasonable price, I prioritize those undergoing strategic changes. These changes can activate corrective forces that often return the company to a more appropriate valuation, basically mean reversion. My approach centers on analyzing company…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Last month, Sergio Ermotti, head of UBS, issued a stark warning on these pages. “For most of my nearly 50 years in finance, markets operated on the assumption that global capital would…

Holidays may bring you into face-to-face contact with your aging parents and other loved ones. Maybe you’ve been meaning to talk with them for future planning. You hesitate because they’re stubborn and resistant to the whole subject. You’ve put it off. Now you may have an opportunity.Perhaps your aging parents…