From FY1970 to FY1985, the number of people receiving federal civil service annuities rose from fewer than 1 million to nearly 2 million, an increase of 105%. Between FY1985 and FY2022, civil service annuitants rose by 767,000, an increase of about 39%.
In FY2022, all CSRS employees were 55 or older,
» Read more about: How to make the most of FERS, Social Security and your TSP »
MUMBAI: The markets regulator Sebi has revamped the framework for classification of mutual fund schemes, introducing ‘life cycle funds’, scrapping the ‘solution-oriented schemes’ category and tightening the disclosure and overlap norms to enhance uniformity and investor protection.
The Sebi circular issued Thursday, which is aimed at ensuring “true-to-label” positioning and curbing exaggerated return claims in scheme names,
As the leading provider of chips that power artificial intelligence (AI), Nvidia (NASDAQ: NVDA) has become a bellwether for AI adoption. As such, investors were sitting on the edge of their seats when the semiconductor specialist reported its financial results. Despite serving up a beat-and-raise quarter, the stock fell,
» Read more about: Why Nvidia Stock is Dragging the Stock Market Lower Today »
Index options offer access to a market with more liquidity. Index options offer cash settlements. Stock options offer inexpensive price options. Index options only offer a few choices that are …
» Read more about: Noting the Difference Between Index Options and Stock Options »
A for sale sign is posted outside a home, Tuesday, Feb. 10, 2026, in Nashville, Tenn.
George Walker IV/AP
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U.S.
» Read more about: Mortgage rates fall below 6% for the first time in years »
The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling.
The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago,
» Read more about: For the first time since 2022, average US long-term mortgage rate dips below 6% »
US equities were largely steady on Thursday as investors digested quarterly results from Nvidia and Salesforce, while also assessing fresh labour market data. The S&P 500 hovered around the flatline, while the Nasdaq Composite slipped 0.7%.
» Read more about: Dow Jones climbs, S&P 500 and Nasdaq slip; Investors weigh tech earnings »
In his State of Union address, President Trump said he’d propose expanding an existing federal government contribution to retirement savings plans. But what would that really mean?
While the White House offered no details, Trump said this, “I’m announcing that next year my administration will give these oft-forgotten American workers,
» Read more about: How Would Trump’s Retirement Savings Idea Work For You? »
Significant profits and a huge cash balance directly benefit shareholders of this business.
Although Warren Buffett is no longer CEO of Berkshire Hathaway, his investment philosophy will always influence certain market participants. One of the Oracle of Omaha’s favorite attributes in a business is capital returns,
» Read more about: This Top Warren Buffett Stock Just Gave Investors 29 Billion Reasons to Cheer »
Huang Says Deepseek ‘Ignited Global Enthusiasm’
February 26, 2025 07:40 PM EST
CEO Jensen Huang said demand for AI inference is only accelerating as new AI models emerge, to Nvidia’s benefit, with a shoutout to Chinese startup DeepSeek’s R1,