Famed investor Michael Burry recently said the stock market’s heavy dependence on artificial intelligence (AI) today feels like “the last months of the 1999-2000 bubble,” per CNBC (1).
And he’s not alone. In early May, Paul Tudor Jones — an American billionaire hedge fund manager — told CNBC that he, too,
Tata Mutual Fund has lifted the curbs on large lumpsum investment in its Gold ETF and Gold ETF Fund of Funds.
On June 5, Tata MF restricted subscription transactions of ₹25 crore and above in Tata Gold ETF directly with Tata Mutual Fund with effect from June 8.
Additionally,
» Read more about: Tata MF lifts curbs on investment in gold ETFs »
Payroll taxes will still cover roughly 78% of scheduled benefits even if the OASI Trust Fund depletes in 2032, making a complete benefit stoppage impossible.
Congress fixed a similar Social Security funding crisis in the early 1980s, and experts expect lawmakers to act before automatic cuts take effect.
» Read more about: Social Security Can’t Go Bankrupt. But Benefits Could Still Be Cut 22% in 2032 »
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Picture a farmer who spent 40 years working corn and soybean ground. He harvests and stores his final crop, retires at 64 near the end of the year, and starts Social Security. The following spring, a grain elevator cuts a check for those bushels.
Ask most people who Social Security benefits help, and they can probably name seniors and people with disabilities. Some may even remember that the program pays benefits to spouses, some ex-spouses, and certain children of retired, disabled, and deceased workers. But there’s one group almost everyone forgets about: parents.
Parents of a deceased worker may qualify for a retirement benefit on their child’s work record.
» Read more about: Social Security Parental Benefits: 3 Key Things to Know »
HONG KONG (AP) — Asian shares were mostly higher on Friday following a retreat on Wall Street as a U.S. Treasury Department plan to boost its government debt buybacks had only limited capacity to calm markets.
U.S. futures edged higher.
Japan’s Nikkei 225 fell 0.3% to 66,016.36.
Shortly after the announcement, Axis Mutual Fund resumed the acceptance of direct subscription transactions by large investors for an amount exceeding Rs 25 in the Axis Gold ETF, effective from August 18, 2026. Presently, lump sum subscriptions and switch-in transactions for the Axis Gold Fund are being accepted without any restrictions from the same date.
Lord Abbett is an independent, privately held, global asset manager and one of the oldest money management firms in the United States. They manage assets across a full range of U.S. mutual funds, UCITS funds, institutional and separately managed accounts for clients around the world. Note: This account is not managed or monitored by Lord Abbett,
» Read more about: Lord Abbett Floating Rate Fund Q2 2026 Commentary »
In the U.S., some Social Security beneficiaries are to get their latest monthly money next week, as the Social Security Administration (SSA) completes its three-Wednesdays payment cycle for August 2026.
Of the more than 71.3 million recipients of Social Security benefits nationwide,
» Read more about: Social Security is paid out on Wednesday, August 26: who benefits? »
In 2026, it can feel like each time the market takes one step forward, it snaps back just as quickly, unable to find the footing needed for a prolonged rally. The worry then becomes that if stocks can’t rebound from a broad sell-off, a bear market may loom, which would be the S&P 500 (^GSPC -0.87%) falling by 20% or more from its recent highs.