Stock Market Live June 11: S&P 500 (VOO) Rises as Investors Cheer Low Inflation
Investing
-
The consumer price index inched modestly higher,
» Read more about: Stock Market Live June 11: S&P 500 (VOO) Rises as Investors Cheer Low Inflation »
The Daily Editor
About The Daily Editor
Posts by The Daily Editor :
Angels manager Ron Washington reveals retirement plans in a way only he can
Ron Washington is one of a kind.
That even extends to recent discussion of retirement by the Los Angeles Angels of Anaheim manager.
“It’s simple, I’m going to leave the game of baseball when Ron Washington is ready,” Washington told the Boston Globe. “Think I’m going to let some 20- or 19- or 22-year-old run me out of the game of baseball?
» Read more about: Angels manager Ron Washington reveals retirement plans in a way only he can »
Growing Retirement Workforce Amidst Mounting Economic Uncertainty
Survey data confirms 80% of U.S. consumers are planning to work in some capacity even after retirement due to concerns around money, social security, boredom, etc.
GLOUCESTER, Mass., June 11, 2025–(BUSINESS WIRE)–HireClix,
» Read more about: Growing Retirement Workforce Amidst Mounting Economic Uncertainty »
Case of the Week: Nonresident Aliens and U.S. Retirement Plans
The ERISA consultants at the Retirement Learning Center (RLC) Resource Desk regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and other types of retirement savings and income plans, including nonqualified plans, stock options, and Social Security and Medicare. We bring the RLC’s Case of the Week to you to highlight the most relevant topics affecting your business.
» Read more about: Case of the Week: Nonresident Aliens and U.S. Retirement Plans »
Older investors are risking everything for a crypto-funded retirement
The time-honoured advice for older people approaching retirement is to reduce your exposure to risky assets to preserve your nest egg.
But what if your nest egg has already been destroyed and you need a high-risk/high-return method to make it all back in the space of a few years so you can retire comfortably?
» Read more about: Older investors are risking everything for a crypto-funded retirement »
US inflation edges up in May to 2.4% as Trump tariffs flow through economy
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday. That is up from a 2.3% yearly increase in April.
» Read more about: US inflation edges up in May to 2.4% as Trump tariffs flow through economy »
US inflation steady at 2.4% amid tariff concerns, BLS reports
Despite fears that tariffs would cause consumer goods prices to rise, the U.S. inflation rate remained relatively steady in May, according to data from the Bureau of Labor Statistics.
According to new data released on Wednesday, the Consumer Price Index rose 2.4% in the 12-month period ending in May.
» Read more about: US inflation steady at 2.4% amid tariff concerns, BLS reports »
What May's CPI Report Means For the Federal Reserve's Interest Rate Decisions?
Lower inflation than expected in May could encourage officials at the Federal Reserve to lower interest rates sooner than financial markets previously expected.
On Wednesday, the Bureau of Labor Statistics reported that inflation in May rose 2.4% year-over-year. However, housing costs were the most significant driver of inflation.
» Read more about: What May's CPI Report Means For the Federal Reserve's Interest Rate Decisions? »
Trump Hails Progress With China as He Reserves Damage From His Own Trade War
President Trump said Wednesday that the United States and China had struck a deal to roll back some of the punitive measures they had taken against each other’s economies in recent months, including his administration’s recently proposed restrictions on Chinese students attending U.S. universities.
The agreement followed two days of marathon negotiations in London,
» Read more about: Trump Hails Progress With China as He Reserves Damage From His Own Trade War »