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…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blackstone plans to list some of its largest investments, the world’s biggest private capital group said on Thursday, after sluggish asset sales hit its third-quarter profits.Jonathan Gray, Blackstone’s president, said the recent…

Over the course of President Joe Biden’s term, he’s held dozens of calls and multiple face-to-face meetings with German Chancellor Olaf Scholz, all with the goal of deepening a relationship based on democratic ideals and shared values. In return, Scholz spent considerable political capital on Biden’s behalf: Releasing a Russian…

The Medicare Prescription Payment Plan (MPPP, M3P or MP3) will take effect January 1, 2025. It will allow those who have Part D prescription drug coverage to spread the costs out over the year, instead of paying all at once. As with anything that is brand-new, this plan can be…

Any good psychotherapist will tell you that there are pretty much no rules for how a person should behave in a relationship. Successful partnerships can take many forms, and a person’s cultural background, childhood, and past relationships all play into their actions and attachment style.There is one piece of guidance…

The U.S. retirement system doesn’t get high marks relative to other nations.In fact, the U.S. got a C+ grade and ranked No. 29 out of 48 global pension systems in 2024, according to the annual Mercer CFA Institute Global Pension Index, released Tuesday. It analyzed both public and private sources…

Fox News anchor Bret Baier is all too keenly aware that Fox’s viewers want him to affirm what they already feel. This week, he is under pressure as he prepares for a high-stakes interview with Vice President Kamala Harris – the Democratic nominee for president’s first-ever formal interview on the right-wing cable network.…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Morgan Stanley’s quarterly profits rose 32 per cent to $3.2bn, boosted by a recovery in investment banking and an uptick in stock trading. The bank’s reported third-quarter net income was up from $2.4bn…