Smerconish: Don’t blame me Accused of being a “Partisan MAGA Media Personality” for talking about Biden stepping down, CNN’s Michael Smerconish asks if the same holds true for David Axelrod, George Clooney, James Carville and George Stephanopoulos. “Don’t blame me on November 6 when you wake up.” Read the full…

Retirement decisions are always complex and rarely easy. As a veteran retirement researcher who has written books on the subject, I find myself sympathetic to President Biden’s reluctance to “step aside” and retire. While this is a unique situation, his response is in fact quite normal. It makes perfect sense…

Mortgage rates were mixed this week with the standard 30-year note declining slightly for the fourth consecutive reading, while shorter-term rates ticked up a bit. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.86% this week…

Hackers stole six months’ worth of call and text message records of nearly every AT&T cellular network customer, the company said Friday, a breach that has the potential to reveal sensitive information about millions of Americans.The company said in an SEC filing that it learned from an internal investigation that in April,…

SpaceX’s Falcon 9 rocket is grounded, pending an incident investigation, after an inflight failure — a rare misfire for the company’s workhorse vehicle.The mission, known as “Starlink Group 9-3,” launched from California’s Vandenberg Space Force Base on Thursday evening and was carrying 20 satellites bound for low Earth orbit.The rocket’s…

Wholesale price inflation unexpectedly accelerated in June to its highest rate since March 2023, according to new data released Friday. On the surface, the jump in PPI appears to be an unwelcome development for the US economy and the fight to rein in high inflation — and it appears especially…

Introduction Occasionally, the signs of stock bubbles come from unexpected places. Corning Incorporated (NYSE:GLW), for example, isn’t a particularly glamorous or exciting business. It isn’t new, and its long-term returns haven’t been great. Data by YCharts Over the past 30 years, the SPDR® S&P 500 ETF Trust (SPY) has outperformed…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Unilever plans to cut around a third of all office roles in Europe by the end of next year, as the company’s new chief executive forges ahead with his plan to boost…

First lady Dr. Jill Biden will lead the US delegation to the Olympic Games opening ceremony in Paris later this month, the White House announced Friday, cheering on America’s athletes on behalf of the Biden administration. The opening ceremony is on July 26. Second gentleman Doug Emhoff will the delegation…

The Republican party platform, orchestrated by former President Trump, is filled with promises for those it calls “our Great Seniors.” But there is little or no real policy behind most of those campaign pledges. And the document is filled with many irreconcilable contradictions. The platform will be the GOP’s election-year…