Published Wed, Jun 11, 2025 · 09:42 PM
[NEW YORK] The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around tariff-driven price pressures and fanned expectations for interest rate cuts.
The Dow Jones Industrial Average rose 16.0 points,
» Read more about: US: S&P 500, Nasdaq open near record levels after May inflation data »
Yahoo Finance’s Jennifer Schonberger reports:
A cooler-than-expected inflation reading from May is not likely to shake the view of most Federal Reserve policymakers that rates should stay on hold until there is more clarity about the impact from President Trump’s tariffs.
Some economists were expecting to see higher costs from those tariffs showing up in the Consumer Price Index (CPI) report released Wednesday,
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Though inflation has been decreasing, higher costs have had a major impact on the lives of many Americans, including seniors in or approaching retirement.
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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 »
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 »
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 »
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 »
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 »
