Social Security’s trust fund is projected to run dry by 2032, potentially triggering a 22% cut to benefits for millions of retirees.
Boosting 401(k) or IRA contributions reduces reliance on Social Security, and workers 50 or older can make additional catch-up contributions beyond standard limits.
Warren Buffett may have stepped down as Berkshire Hathaway’s CEO, but he says the Alphabet investment was his idea. That bet has now become quite enormous.
Berkshire Hathaway disclosed on August 14 that it increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 83% during the second quarter to nearly 106 million shares worth about $37.8 billion.
» Read more about: Warren Buffett’s Empire Just Made a Massive AI Bet Nobody Saw Coming »
US President Donald Trump has declared economic warfare against Iran, vowing to isolate the regime in a move he hopes will bring about what military force has so far failed to achieve: capitulation.
The United States is already targeting Iran’s oil sales, enforcing a blockade that is allowing much less Iranian oil to be exported to international buyers,
Tech stocks slid Thursday, as bond market woes continued to hit equities on Wall Street. The Nasdaq fell 1%, following a slight rebound on Wednesday.
Anthropic is reportedly eyeing publicly filing its initial public offering paperwork as soon as the end of the month, according to Bloomberg,
Investors in Citizens & Northern Corp CZNC need to pay close attention to the stock based on moves in the options market lately. That is because the September 18, 2026 $17.50 Put had some of the …
» Read more about: Are Options Traders Betting on a Big Move in Citizens & Northern Corp Stock? »
Elon Musk has wanted Warren Buffett as a shareholder for years. His wish has finally come true, in a sense.
As of June 30, Buffett‘s Berkshire Hathaway indirectly owned about 0.04% of SpaceX, a stake worth over $800 million, according to Business Insider’s calculations.
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» Read more about: Elon Musk finally has Warren Buffett as a shareholder — sort of »
Stock indexes fell on Thursday and hovered near two-week lows, as rising Treasury yields dented risk appetite and disappointing results from retail bellwether Walmart added pressure along with rallying oil prices.
In afternoon trading, the Dow Jones Industrial Average tumbled 605.14 points, or 1.1%, to 52,857.91.
The S&P 500 lost 0.7%,
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The Vanguard High Dividend Yield ETF (NYSEARCA:VYM) is beating the S&P 500 this year by owning what the market has refused to bid up. Through August 19, VYM has returned 17% year-to-date, compared with 13% for the S&P 500.
SpaceX (SPCX) stock slipped and fell back to its IPO price as another share unlock hit the public float.
Around 319 million shares held by early employees and investors become eligible to trade on Thursday, the day 70 tranche in a staggered lockup that will release about 88% of SpaceX’s 13 billion shares through 2027.
» Read more about: SpaceX stock slips as 319 million new shares come to market »
The 2026 leaderboard in heavy machinery lines up almost exactly with the health of each company’s end market. That fit explains the spread between these three names better than any single catalyst.
Caterpillar (NYSE:CAT | CAT Price Prediction) stock is up 40% year to date (YTD),