Published 6:36 am Saturday, June 14, 2025
Retirement in the 21st century is evolving faster than ever. Gone are the days when retirees could count on a pension,
» Read more about: How to plan your retirement in a complex world »
The SPARK Institute is urging the Treasury and the IRS to include the following recommendations in the upcoming Priority Guidance Plan, as mentioned in the letter:
Beginning in 2027, the longstanding Saver’s Credit for lower-income individuals will be converted into the Saver’s Match. “While Saver’s Match contributions will not actually be paid to retirement plans and IRAs until 2028,
File Photo: Two Egyptian women shopping in a supermarket in Cairo, Egypt. REUTERS
In a statement, the ministry said the country’s supply situation remains “stable” and that key food and consumer goods are available in quantities adequate to meet national demand.
The announcement comes against the backdrop of heightened tensions between Israel and Iran,
As Gen-Z steps into the workforce and begins earning, managing money smartly becomes more important than ever. While savings accounts and digital wallets are familiar territory, it’s time to look beyond just storing money and focus on growing it. Mutual funds offer one of the most accessible and effective routes to long-term wealth creation,
» Read more about: Explained: What all Gen-Z should know about mutual funds »
Investing
Some of the best stocks to set and forget are dividend stocks. Not only can you benefit from their appreciation, but you can earn incredible yields.
With a yield of 4.3%,
» Read more about: If You Want $4,096.90 in Passive Income, Invest $25,000 in Each of these Stocks »
Cathie Wood sees the mood shifting fast. As talk of Trump-era deregulation heats up, U.S. corporations aren’t waiting for Novemberthey’re already opening their wallets. Speaking at the Founders Forum Global conference in Oxford, Wood told Bloomberg’s Trumponomics podcast that companies like Meta are stepping up capital spending, citing its reported investment in AI firm Scale AI as just one early signal.
» Read more about: Cathie Wood Just Flipped the Switch–Why Tesla's AI Bet Is Back in Play »
Congresswoman Claudia Tenney has reintroduced the Social Security Protection Act, reaffirming her pledge to defend the program that millions of Americans depend on for retirement and financial security.
Tenney, who represents New York’s 24th District and serves on the House Ways and Means Committee, announced the legislation Friday, joined by several Republican cosponsors including Representatives Rob Wittman,
» Read more about: Tenney reintroduces bill to protect Social Security benefits »
NEW YORK — Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
The S&P 500 sank 1.1% and wiped out what had been a modest gain for the week.
In 2025, so far, the Nifty 50 index has delivered 5.7% absolute returns.
The Nifty Midcap 150 Index and the Nifty Smallcap 250 Index, have posted 2.6% and -2.6% returns. In other words, the indices have disappointed.
That said, the long-term returns have been appealing with small and midcaps outperforming the largecaps.
» Read more about: Which are the best mutual funds to invest in now? »
If you are planning a long-term investment in mutual funds and are looking for a fund that can give returns of crores over time, then ICICI Prudential Multicap Fund can be a strong option for you. This is the oldest scheme of ICICI Prudential Mutual Fund House, which was launched in October 1994.