China factory profits slip as overcapacity troubles economic recovery
Factory profits in China have retreated from a two-year high, according to official data, highlighting concerns that industrial overcapacity
Did lawmakers really pilfer Social Security's piggy bank? Here's the truth.
“I don’t have a financial adviser because no one‘s going to take $25,000.”
(Bloomberg) -- President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors with new levies while rejecting the across-the-board hikes sought by Donald Trump, people familiar with the matter said.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealTrump Pledges Across-the-Board Tax Cuts If He
The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.
Despite the fact that delaying the start of your Social Security benefits until age 70 means a 32% increase in the amount you would receive, only 10% of non-retired Americans between the ages of 60 and 65 plan to wait for the larger payout, according to the 2023 Schroders U.S. Retirement Survey. Consider working with […] The post Just 10% of Workers to Wait Until 70 to Take Maximum Social Security Benefits appeared first on SmartReads by SmartAsset.
Two Air Force fighter jets recently squared off in a dogfight in California. It was the ultimate display of how far the Air Force has come in developing a technology with its roots in the 1950s. “Whether you want to call it a race or not, it certainly is,” said Adm. Christopher Grady, vice chairman of the Joint Chiefs of Staff.
In the frantic weeks that followed Russia’s invasion of Ukraine, China’s most senior officials scrambled to understand the implications that the conflict posed for the Chinese economy.
Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft's Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft's voice-recognition technology violates IPA's patent rights in computer-communications software. IPA is a subsidiary of patent-licensing company Wi-LAN, which is jointly owned by Canadian technology company Quarterhill and two investment firms.
(Bloomberg) -- Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises. Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealTrump Pledges Across-the-Board Tax Cuts If He Returns to OfficeHow One Brooklyn Neighborhood Became a Nightclub HavenThe core consumer price in
There might only be enough funds to pay out 79% of retirement benefits unless Congress acts.