The Daily Editor

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In the United States, many senior citizens on Social Security retirement benefits are due to receive their next monthly payment in just under a week’s time.

On Wednesday, July 16, the U.S.’s Social Security Administration (SSA) is to send out the next round of checks on this month’s distribution schedule.

 » Read more about: Social Security is making payments of $2,000 on average on Wednesday, July 16: find out who gets a check  »

The maker of Nutella and Ferrero Rocher, Ferrero, is reportedly close to finalizing a deal to acquire WK Kellogg Co. (KLG) for a roughly $3 billion dollar price tag, per the WSJ. The stock soared in after-hours trading following the report, up over 50%.

As of Wednesday’s market close,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures stall as Nvidia milestone, Trump tariffs vie for focus  »

Stock futures are holding steady Thursday morning as investors keep close tabs on developments related to tariffs.

Futures tied to the S&P 500 and the Nasdaq were near unchanged recently, while Dow Jones Industrial Average futures slipped 0.1%. The major indexes are coming off a winning session on Wednesday,

 » Read more about: Dow Jones Today: Stock Futures Little Changed as Major Indexes Hover Near Record Highs; Airline Shares Surge After Strong Delta Earnings  »

Even though 529 plans offer tax advantages and are a popular choice for college savings, they’re not always the most flexible or comprehensive solution. Depending on a family’s financial goals, time horizons and risk tolerance, other strategies may align better or complement a 529.

From custodial accounts to Roth IRAs and even life insurance structures,

 » Read more about: 11 Smart Alternatives To 529 Plans For College Savings  »

Discipline vs Flexibility: What Works Better?

• Mutual funds suit proactive investors who can monitor and rebalance portfolios regularly.

• NPS, with its limited switching and restricted access, is ideal for hands-off investors looking for structured retirement outcomes.

Conclusion

When weighing NPS vs mutual fund,

 » Read more about: Before You Invest: NPS Vs Mutual Funds – The Essential 2025 Checklist  »

Artificial intelligence (AI) is the biggest secular growth trend today. The global AI market will soar from $189 billion in 2023 to $4.8 trillion by 2033 — a 25-fold increase in a decade — according to a recent projection by the United Nations Conference on Trade and Development.

As with technology stocks in general,

 » Read more about: 2 Top Artificial Intelligence (AI) Stocks That Pay Decent Dividends and Have Good Dividend-Paying Histories  »

ET Money, an integral entity within the 360 ONE WAM group, has stepped into the secured lending arena with its latest offering, Loans Against Mutual Funds (LAMF). The breakthrough service allows investors to borrow against their mutual fund assets, maintaining the investment’s growth potential while providing immediate access to funds.

This initiative is a pivotal addition to ET Money’s vision of crafting a comprehensive digital wealth platform.

 » Read more about: ET Money Launches Loans Against Mutual Funds Revolutionizing Secured Lending in India  »

Bank of Korea in Seoul, South Korea File photo: VCG

The central banks of South Korea and the UK have warned of the impact of the US tariffs on the global economy, as the US administration threatened steep tariffs on eight more countries and plans to proceed with sweeping new import duties set to take effect on nearly every country starting August 1.

 » Read more about: S.Korean, UK central banks warn of tariff impact on global economy amid US threats of steeper duties: reports  »

 » Read more about: ET Money, a 360 ONE company, launches Loans Against Mutual Funds  »