Beyond Financial News

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Money has been pouring into taxable accounts at a faster rate than 401(k)s and IRAs, a reversal of a long trend resulting from wealth being increasingly concentrated among older investors.

Forget location, location, location. Parents leaving a treasured holiday home to kids and grandkids have three more important things to worry about if they hope to avoid years of family in-fighting and legal battles.

The Supreme Court’s bombshell ruling Thursday striking down race-conscious college admissions programs will likely hurt diversity within the financial advice profession — but the degree to which it will do so is unclear, observers said.

Shah Rukh Khan's film 'Jawan' will be dropped along with the theatrical release of 'Mission Impossible 7’'. According to a report by The Times of India, the trailer for 'Jawan' will be attached to the prints of Tom Cruise's action thriller 'Mission: Impossible — Dead Reckoning Part One', set to be released on July 12, 2023. The groundbreaking announcement has sparked immense excitement among fans, eager to catch a glimpse of SRK’s thrilling new venture. A fan page of the actor shared the news on Twitter and wrote, «So, not even a teaser. We are going to get a direct ‘Jawan’ trailer within a week or so. The first announcement video has worked no less than any teaser. The trailer will have enough time to grow. Then massy & chartbuster songs to release. Let the storm come!»

Cryptocurrencies may be risky and volatile, but Goldman Sachs thinks digital currencies like Bitcoin are a new investable asset class.

A rash of early retirements has accompanied the largest jump in retirement savings account values in more than three decades—and that’s probably not a coincidence.

Real Estate Investment Trusts, vehicles that pay out most profits as dividends, are better positioned to weather high interest rates and recession fears than private equity real estate or stocks, according to analysts at Bank of America and CenterSquare Investment Management.

Robert De Niro's grandson, Leandro De Niro Rodriguez passed away recently. He was 19. Leandro's mother Drena De Niro is an actor and filmmaker. She was adopted by Robert De Niro in 1976 after her mother and actor Diahnne Abbott married him. Robert and Diahnne split in 1988. Leandro was the child of Drena and her then-boyfriend, artist Carlos Rodriguez. Drena paid tribute to her late son in a heartbreaking post on Instagram on Monday, July 3, tagging Carlos. She posted a picture of Leandro, and wrote: «My beautiful sweet angel. I have loved you beyond words or description from the moment I felt you in my belly. You have been my joy my heart and all that was ever pure and real in my life. I wish I was with you right now. I wish I was with you.» (sic) «I don’t know how to live without you but I’ll try to go on and spread the love and light that you so made me feel in getting to be your mama,” added Drena. With several heartbreak and angel emojis, she further wrote, „You were so deeply loved and appreciated and I wish that love alone could have saved you. I’m so sorry my baby, I’m so sorry @carlosmare. Rest in Peace and Eternal Paradise my darling boy.“

Brian Maloof, owner of Manuel's Tavern in Atlanta, joins 'America Reports' to explain the struggles facing small businesses under President Biden's economy.

The long awaited event appears to be unfolding. Morgan Stanley isn't responding to requests to comment, but multiple sources say that this is the week that the bank has tabled its cuts and that today is the day they are beginning.

2022 proved to be a very good year for the real estate market, both in the residential and commercial segments in India. We expect the real estate sector as a whole to continue to grow in 2023 and beyond.

Amarnath Yatra commenced on July 1, 2023, marking the beginning of a 62-day pilgrimage that holds immense significance for millions of worshippers. The yatra, scheduled to conclude on August 31, welcomes devotees to embark on this spiritual journey from both the Pahalgam track in the Anantnag district and Baltal in the Ganderbal district. The main goal of those attempting the Amarnath Yatra is to visit the Amarnath cave, which is a site of great importance to the followers of Lord Shiva.

UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the Financial Times reported on Sunday. UBS executives are hoping to announce that the bank will not call on the government backstop when it publishes its second-quarter results on Aug.

BJP for the crossover of Ajit Pawar-led NCP faction in Maharashtra, said the move will have no impact on opposition unity nationally. Dubbing the episode as «cowardly and shameful», JD(U) chief spokesperson and special advisor K C Tyagi maintained the development in Maharashtra smacked of «fear» instilled by the party's supreme leader, Bihar Chief Minister Nitish Kumar, into the BJP by uniting the opposition.

IIM Shillong signed a Memorandum of Understanding (MoU) with the Government of Nagaland for providing accessible and quality education to the students of Nagaland. By opening its doors and tailoring programme to meet the needs of the local community, IIM Shillong aims to create a positive impact and empower the youth of the North East. Temjen Imna Along, the Minister of Higher Education, Government of Nagaland, expressed his satisfaction with the collaborative efforts between IIM Shillong and the Government of Nagaland.

Rahul Gandhi to marry. Given that Sonia Gandhi keeps getting upset over her son's refusal to get married, was it just an affectionate elder politician offering advice to a younger leader, that too on a public platform? Or, did Yadav really eye a stronger opposition unity through an envisioned 'Baraat Jodo Yatra' when he said that all opposition leaders would come as 'baraati's for Gandhi's wedding? Or did his advice go much beyond that? A significant number of successful politicians in India are/were indeed conspicuously single/unmarried.

Mehrotra and Shantanu Mehrotra of Indian Accent served as part of their nine-course dinner at a pop-up in Singapore recently. It was not held at a restaurant or a hotel, but at a private members’ club, Mandala. The three-week pop up, which was extended to a fourth on popular demand, fed 2,200 diners.

Canada, Germany, Australia, and many more have been facing an acute shortage of labour due to an ageing population and a low birth rate. Looking beyond borders, these countries are streamlining their immigration systems at the federal, state and regional levels to attract the best talents from fields like IT, healthcare, STEM, education, etc.

Subscribers of National Pension System (NPS) will soon get the option to opt for systematic lump sum withdrawal (SLW) on a periodical basis — monthly, quarterly, half-yearly or annually till the age of 75 years. The facility will be available for both Tier I and Tier II accounts and will be available only for normal exit and not for premature exit or exit due to the death of the subscriber.

Europe's Euclid space telescope is scheduled to blast off Saturday on the first-ever mission aiming to shed light on two of the universe's greatest mysteries: dark energy and dark matter. The launch is planned from Cape Canaveral in Florida at 11:12 am local time (1512 GMT) on a Falcon 9 rocket of the US company SpaceX. The European Space Agency was forced to turn to billionaire Elon Musk's firm to launch the mission after Russia pulled its Soyuz rockets in response to sanctions over the war in Ukraine.