Social Security Parental Benefits: 3 Key Things to Know
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.
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Read MoreAsian shares advance despite Wall Street losses as US Treasury's moves fail to calm markets
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.
Read MoreGold ETF Inflow Curbs Lifted: HDFC, Axis, And Tata Mutual Funds Reopen Subscriptions
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.
Read MoreLord Abbett Floating Rate Fund Q2 2026 Commentary
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,
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Read MoreThe biggest risk to retirement plans may no longer be a stock market crash or inflation
What age does your retirement plan run to?
For most people, the answer is somewhere in their mid-80s or early 90s. That has always sounded conservative — or at least,
The Burst
Market Commentary: Little-known Dutch Stock Is Soaring
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
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Read MoreThe Ivy
The Max Pain Trade Is…
If one market analyst is to be believed, the path of the market that will lead to most pain will involve a move higher from the early August lows followed by a sharp correction in September and October, repeating a pattern not seen since 1998.
Back then July marked the high and October the low,
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