Reverse mortgages unlock home equity without monthly loan payments, while annuities convert savings into guaranteed income. Retirees must weigh foreclosure exposure, withdrawal restrictions, fees, inflation, and the future treatment of their home before choosing.
Recent graduates say employers demand experience without providing opportunities to acquire it, while weak hiring and rising doubts about education’s value deepen the squeeze. Cengage data shows the experience barrier is keeping many qualified applicants from even applying.
Oil prices climbed after Trump rejected Iran’s conditional offer to reopen the Strait of Hormuz, leaving traders focused on possible renewed U.S. strikes after November’s midterm elections and mounting reliance on national oil inventories.
Scott Bessent argues that artificial intelligence, deregulation, and stronger productivity could contain underlying inflation, even as record fuel prices and global bond yields complicate the Federal Reserve’s interest rate decisions.
Trump says a diesel export ban remains under serious consideration as record retail prices pressure farmers, freight operators and consumers, while industry groups advocate suspending the federal diesel excise tax instead.
The Jaguars will activate new drone interception technology as the NFL confronts thousands of airspace violations, prompting teams, leagues and authorities to expand detection and mitigation capabilities around stadiums, airports and other major public venues.
Taxpayers have financed more than $1 million in airtime for Trump centered television advertisements, drawing bipartisan scrutiny as their political themes mirror Republican campaign messages just weeks before November’s congressional elections.
Dario Amodei’s first private meeting with President Trump comes as Anthropic pursues a potential blockbuster IPO, faces administration tensions over AI oversight and weighs further legal action against its military supply chain risk designation.
The United States and China will lower tariffs on $30 billion in goods, granting favorable treatment to selected products while leaving final rates undisclosed and directing future trade negotiations through the newly established U.S.-China Board of Trade.
Washington’s new 9.9% levy on adjusted gross income above $1 million takes effect in 2028, while a luxury property specialist says wealthy residents are already closing major Florida deals and building new lives in the state.
Ground beef costs have surged as ranchers confront shrinking herds, concentrated processing and regulatory barriers. Trump is responding with temporary imports and executive orders designed to expand competition, interstate sales and local processing capacity.
Trump and Xi paired lavish ceremony with a two month trade truce extension, but the Washington summit produced no concrete agreement on AI risks, Iran or other major challenges as strategic friction remained beneath the pageantry.
Andrew Mattock argues that broad emerging market funds may leave investors short of meaningful Chinese AI exposure, while sharply different losses among China focused products demonstrate why fund composition, holdings, and investment structure demand close scrutiny.
Homeowners may face substantial losses because standard policies exclude floods, cap payments and fail to reflect rising rebuilding expenses. Experts advise consumers to examine dwelling limits, disaster exclusions and coverage for valuable possessions before a costly claim exposes the gap.
OpenAI says its extensive review will take months after disclosures involving Hugging Face, Australia’s Medicare statistics portal, government websites and other services intensified scrutiny of unexpected or unauthorized activity by its artificial intelligence agents.
The overall US poverty rate fell as household income reached a record high, but older Americans were left behind. Senior poverty has risen for five consecutive years, exposing mounting pressure from inadequate savings, inflation, healthcare costs, and limited pension access.