Retirees with more guaranteed lifetime income spend more in retirement and do so without worrying about running out of money. The additional spending is meaningful, according to researchers David Blanchett and Michael Finke, who recently updated research they produced in 2021. Retirees who receive steady income from Social Security, pensions,…

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Check out the companies making headlines before the bell. Estee Lauder — The beauty company slipped nearly 2% after Bank of America downgraded the stock, citing headwinds in its China market. Softening U.S. demand is also weighing upon shares, the firm added. Applied Materials — The semiconductor equipment company’s shares…

Growing up in rural Michigan, Nina Job got familiar with peers and people in her community following a “traditional trajectory.” That meant “you go to college, you get married, you have 2.5 kids, you know — happy home, white picket fence type-thing,” she tells CNBC Make It.But moving to New…

Americans across the political spectrum can agree on this: Rent is expensive, and buying a home can feel nearly impossible. America’s housing affordability crisis has a number of origins, but it largely stems from two key factors that you learned in Econ 101: supply and demand. The supply of homes…

Snail, Inc. (NASDAQ:SNAL) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Tony Tian – Co-CEOPeter Kang – COOHeidy Chow – CFOBrett Milotte – SVP, ICR Conference Call Participants Pat McCann – NOBLE Capital Markets Operator Thank you for standing by, and welcome to Snail Inc.’s…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Ukrainian authorities have warned residents near the eastern frontline to evacuate before the arrival of Russian troops, as Moscow presses ahead with its own offensive 10 days into Kyiv’s cross-border incursion.While…

Jo Anne Price wears a button that says, “You find it offensive. I find it funny. That’s why I’m happier than you.” Price is a Black woman who runs a store selling pro-Trump merchandise in Christiansburg, Virginia. She’s 72, wears black-rimmed glasses and her gray hair swept back, and has…

The Inflation Reduction Act has generated many initiatives to cut drug costs for Medicare beneficiaries. So, it’s possible that those past the age of 65 and still working probably don’t care about any of them. However, the IRA may have created a dilemma. Will the drug coverage incorporated into the…

Americans still believe in homeownership, but high home prices, soaring borrowing rates and misconceptions about the homebuying process keep many from achieving their goal, a recent survey said. The majority of Americans (83%) consider homeownership an essential life milestone and 40% think about it at least once a week, according…