Raising Social Security’s full retirement age is political dynamite because it could make this group of people poorer
Changes to the full retirement age would have to be quick and steep to make a dent in the program’s shortfall. Source:MarketWatch
Tesla’s Cybercab moment is coming. Elon Musk needs to prove the car isn’t just hype.
Tesla is about to hold a launch event for the Cybercab, which doesn’t have pedals or a steering wheel. Source:MarketWatch
‘I’m desperately trying to plan ahead’: I’m leaving everything to my grandson, who has severe mental illness. How can I protect him?
“I previously served as an executrix for a neighbor and spent hundreds of hours and more than $10,000 of my own money on estate expenses.” Source:MarketWatch
America’s renter generation is trying to build wealth by investing in stocks instead of owning a house
They have a new personal finance script they are following — that doesn’t include a white picket fence. Source:MarketWatch
ADP says businesses create the fewest new jobs in 7 months. Hiring slowed in the summer.
ADP said U.S. businesses created just 36,000 new jobs in august, a second small increase in a row that pointed to a slowdown in hiring during the summer.…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source:MarketWatch
Chevron outlines $7 billion plan to expand in Venezuela
Chevron says it will expand its operations in Venezuela, following the Trump administration’s move for a Pentagonbacked plan to develop the country’s oil…
MongoDB shares tumble despite strong earnings on ‘disappointing’ news for investors
Investors were most likely disappointed by the company’s Atlas multicloud database seeing the same revenue growth for the fifth quarter in a row.…
Stocks that rise when the S&P 500 falls are weirdly keeping up with the rest of Wall Street
Socalled ‘negativebeta’ stocks are thriving and offer a way to ride out volatility events, says one strategist. Source:MarketWatch
Europe’s largest airline warns of jet-fuel prices at $140 this winter as it cuts capacity
Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating the realeconomy impact…
We’re in our 60s. My wife and I have $345,000 in annual pensions and $1 million in 403(b)s. Is it too late for Roth conversions?
“Roth assets would provide our children with taxfree distributions.” Source:MarketWatch
Dell shares rise as demand jumps for AI servers — here’s what Wall Street analysts are saying happens next
Morgan Stanley, Goldman Sachs and Citigroup all raised their price targets for the technology company. Source:MarketWatch