Author: News Room
Being part of the sandwich generation — adults caught between raising their own children and caring for aging parents — can feel like an endless financial and emotional marathon. Many middle-aged adults are juggling mortgages, college tuition for their kids, and the stunning costs of elder care, not covered by Medicare. The weight of these responsibilities can lead to stress, burnout, and financial insecurity. If you find yourself in this position, it’s crucial to take proactive steps to protect your own financial future while still providing support for your loved ones within your limits. Understanding The Financial Strain The financial…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS President Donald Trump has revoked Joe Biden’s security clearance, barring his predecessor from receiving daily intelligence briefings as he continues a political revenge campaign throughout Washington.“There is no need for Joe Biden to continue receiving access to classified information. Therefore, we are immediately revoking Joe Biden’s Security Clearances, and stopping his daily Intelligence Briefings,” Trump wrote on his Truth Social platform on Friday.The president’s move was payback for when Biden pulled Trump’s security clearance in the wake of the…
Vestas Wind Systems A/S (OTCPK:VWDRY) Q4 2024 Earnings Conference Call February 5, 2025 4:00 AM ET Company Participants Henrik Andersen – CEORasmus Gram – CFO Conference Call Participants Claus Almer – NordeaAkash Gupta – JPMorganKristian Tornoe – SEBDan Togo Jensen – CarnegieCasper Blom – Danske BankSupriya Subramanian – UBSAjay Patel – Goldman SachsMartin Wilkie – CitiDeepa Venkateswaran – BernsteinWilliam Mackie – Kepler CheuvreuxColin Moody – RBC Capital Markets Henrik Andersen Good morning to everyone and welcome to our presentation of Full Year 2024. And let me, before we go further, just extend a heartfelt thank you to our partners, our…
Medicare Advantage prior authorizations have few friends. Doctors hate them. Patients hate them. Politicians say they hate them and introduce bills to curb them. But how onerous are they really? Less than many people think. But they still create opportunities for insurance companies to maximize profits at the expense of needed care. And they can be improved. Prior authorizations are the way MA managed care plans pre-approve some procedures before they’ll pay for them. Typically, these are for costly care such as rehab at a skilled nursing facility, inpatient hospital stays, or expensive drugs. Or maybe you have to wait…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe Trump administration plans to retain only a few hundred employees from the US Agency for International Development’s staff of thousands, according to four people familiar with the matter.Agency leaders were briefed on the plans on Thursday after notifying staff this week that most of them would be placed on leave and ordered home from overseas postings within 30 days, according to the people. The lay-offs are the latest blow to the agency that has been targeted by President Donald Trump…
This article was written byFollowUttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also authors The Pragmatic Optimist Newsletter along with his wife, Amrita Roy, who is also an author on the newsletter as well as on this platform. Their newsletter gets regularly cited by leading publications such as the Wall Street Journal, Forbes, etc. Prior…
Mortgage rates moved slightly lower this week, but long-term rates remain elevated in the upper-6% range. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage edged down to 6.89% from last week’s reading of 6.95%. The average rate on a 30-year loan was 6.64% a year ago. “Mortgage rates have been stable over the last month and incoming data suggest the economy remains on firm footing,” said Sam Khater, Freddie Mac’s chief economist. “Even though rates are higher compared to last year, the last two weeks of purchase applications…
Combining annuities with IRAs or 401(k)s can be powerful. Annuities offer principal protection and guaranteed lifetime income. But often people don’t even consider the combination because of widespread misinformation and confusion. Some people say that an IRA isn’t allowed to hold an annuity. That’s not true. The tax code allows most types of annuities to be held in both traditional IRAs and Roth IRAs. Annuities also can be held in 401(k)s. In the SECURE Act, enacted in 2019, and the SECURE Act 2.0, enacted in 2022, Congress changed the rules to make it easier for employers to offer annuities in…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldLast month was the hottest January on record, surprising scientists who expected the cooling La Niña weather cycle in the tropical Pacific to slow almost two years of record-high temperatures.January ranked as the third hottest month globally on record, with a surface air temperature of 13.23C — 1.75C above the pre-industrial average — according to the Copernicus Climate Change service, the EU’s Earth observation agency. The warming, despite the emergence of La Niña in December, is set to fuel concerns that climate…
This article was written byFollowRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying businesses with secular growth opportunities in markets with barriers to entry. Narweena’s research process is focused on company and industry fundamentals with the goal of uncovering unique insights. Narweena has a high risk appetite and a long-term horizon, in pursuit of stocks that are deeply undervalued. Coverage tilts towards smaller cap stocks and markets where competitive…
