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We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. If you’re not planning to retire anytime soon but you’re about to turn 65, you might be wondering if you

Ukraine’s new defence minister has blamed Germany for blocking the supply of weaponry to Kyiv through Nato, despite US warnings of a possible imminent invasion by Russian forces. Oleksii Reznikov told the Financial Times that Berlin had in the past month vetoed Ukraine’s purchase of anti-drone rifles and anti-sniper systems via the Nato Support and

South Africa’s President Cyril Ramaphosa is being treated for mild symptoms of Covid-19 after he tested positive for the virus on Sunday, in a country that has been battling one of the first waves of infections worldwide caused by the Omicron variant. Ramaphosa, who has been vaccinated, is in “good spirits” in self-isolation in Cape

In today’s market, young first-time homebuyers may find themselves tangled in a web of student debt, rising home prices, and stringent mortgage requirements. As a result, some assistance from parents has become more common. Almost a quarter of homebuyers ages 22 to 30 reported that cash gifts from family and friends was the source of

In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary

The Greek central bank is planning an appeal for the country’s bonds to remain eligible for new European Central Bank purchases after March when the vast bond-buying scheme launched in response to the pandemic is expected to end. Several members of the ECB’s governing council said they were amenable to finding a way to keep

France’s Pacific island territory of New Caledonia voted overwhelmingly against independence on Sunday in the last of three scheduled referendums since 2018, but difficult negotiations over its future are expected to continue following a boycott of the latest vote by pro-independence militants. With most of the votes counted, 96.5 per cent of those who cast

The Internal Revenue Service (IRS) limits the annual contributions individuals may make to their retirement plans, including Roth IRAs, traditional IRAs, and 401(k)s. Key Takeaways For 2021 and 2022, you can contribute up to $6,000 to a Roth or traditional IRA. If you’re 50 or older, the limit is $7,000. The most you can contribute

From a vantage point above Dublin port, Eamonn O’Reilly can see how Brexit is changing the terms of Ireland’s trade. Rising rapidly in importance at Dublin is what O’Reilly, the port’s chief executive, says is “Lo-Lo traffic” — unaccompanied containers that are lifted on to ships and then lifted off at their port of destination.

In a square outside Barking town hall, east London, a sombre-faced Helen Ball, assistant commissioner in the Metropolitan Police, on Friday walked nervously up to a bank of microphones and cameras. She had come to apologise, minutes after an inquest jury had delivered their verdict on what they called “fundamental failings” in the force’s investigation

The only guarantees in life are death and taxes. But out of those two, one is infinitely more complex than the other. In America, that becomes clear every April, a month associated with the cold sweats that routinely come when individuals and families rush to file their taxes on time. It’s a stressful process that

Moderate Democrats are pushing the Federal Reserve to move more aggressively towards tighter monetary policy to stamp out inflation, in a sign of their mounting concern about the political fallout from high prices. The pressure on the US central bank from the centrist wing of the Democratic party has increased ahead of next week’s Federal

Tornadoes have swept through six US states, killing more than 70 people in Kentucky and destroying an Amazon facility in Illinois, officials said. Kentucky Governor Andy Beshear described the tornadoes as the most severe in the state’s history. The main storm travelled for more than 227 miles across Kentucky, he said. “It’s been one of

An individual retirement account (IRA) must be established and maintained in only one individual’s name. A married couple both can’t participate in the same IRA. However, the IRA owner can designate a spouse or other person as a beneficiary of the account’s assets. In addition, spousal IRA rules allow one spouse to contribute to the

In this article QUOT SDI Productions | E+ | Getty Images Company: Quotient Technology, Inc. (QUOT) Business: Quotient Technology operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company operates through two segments: (i) Promotions segment, which offers digital coupons and

The colourful piñatas that usually hang from the ceiling of Jennie Hogg’s Cachao Toys store in London’s Muswell Hill have been impossible to source this Christmas. “My suppliers said it’s too expensive bringing them over,” Hogg said. Though supply chain disruptions and higher transport costs have put piñatas out of reach, “customers will still get

Bosnian Serb lawmakers voted to separate key institutions of the Serb Republic, one of two entities that make up Bosnia, advancing hardline leader Milorad Dodik’s agenda for secession from Sarajevo. The vote on Friday night alarmed Bosnia’s western allies, who fear a break-up could lead to ethnic violence, crime and corruption and destabilise the wider

The short and simple answer is no. Employer matching contributions do not count toward your maximum contribution limit as set by the Internal Revenue Service (IRS). Nevertheless, the IRS does place a limit on the total contribution to a 401(k) from both the employer and the employee. Key Takeaways You can contribute up to $19,500

China’s digital renminbi, which is being heavily promoted ahead of the Beijing winter Olympics, risks becoming a tool to surveil users and exert control over global currency transactions, the director of UK signals intelligence agency GCHQ has warned. In an interview with the Financial Times, Sir Jeremy Fleming said that while digital currencies present a

This is an audio transcript of the Rachman Review podcast episode: Cyber power: a moment of reckoning Roula KhalafHello and welcome to the Rachman Review. I’m Roula Khalaf, editor of the Financial Times, and I’m standing in for Gideon Rachman this week because I have a very special guest, Sir Jeremy Fleming, director of Britain’s

Both Roth IRAs and traditional IRAs provide tax-free growth of your contributions until you retire, which is why finding the right online broker to build your retirement wealth is crucial. The brokers and robo-advisors we selected have excellent retirement planning and reporting tools. We also looked at low or no annual fees for managing your

Evergrande’s international bondholders are bracing themselves for a prolonged restructuring process as investors attempt to recoup funds loaned to China’s most indebted property group. Fitch on Thursday placed the real estate developer into “restrictive default” after Evergrande failed to make a crucial interest payment by the time a 30-day grace period expired. The missed instalment

Stocks on Wall Street finished their strongest week since February, with the blue-chip S&P 500 index closing at a record high, after a rise in US inflation fell short of the market’s worst-case forecasts. The S&P 500 gained 1 per cent on Friday, and had a weekly increase of 3.8 per cent, eclipsing a previous

A reverse mortgage is a type of mortgage loan that’s secured against a residential property that can give retirees added income by giving them access to the unencumbered value of their properties. But there are disadvantages to this approach, such as hefty fees and high-interest rates that can cannibalize a substantial portion of a homeowner’s

Much of the world is experiencing a dramatic bout of inflation. Yet many central banks are keeping interest rates at or close to record lows, despite the rise in prices caused by higher energy costs, strong consumer demand and the disruption to global supply chains wrought by coronavirus and its latest variants. House prices have

Julian Assange, the founder of WikiLeaks, can be extradited to the US to stand trial over charges of acting illegally in obtaining and publishing classified documents, the High Court in London ruled on Friday. The court overturned a controversial decision by London’s Westminster magistrates court in January that Assange’s US extradition should be blocked because

In the bond market, convexity refers to the relationship between price and yield. When graphed, this relationship is non-linear and forms a long-sloping U-shaped curve. A bond with a high degree of convexity will experience relatively dramatic fluctuations when interest rates move. Key Takeaways Convexity is the relationship between price and yield and is non-linear

Despite weeks of ever more insistent US warnings that Russia could launch a full-blown invasion of Ukraine this winter, Volodymyr Nahorniy spent Wednesday evening at a ski shop in Kyiv splashing out $500 on kit for two planned snowboarding trips. Staff at the store say they were overwhelmed with customers two weeks ago during a

Here is a pandemic of privilege. As Gary Shteyngart’s fifth novel opens, the scene is set, as in a play. At Sasha Senderovsky’s estate in upstate New York, workmen toil — dewinterising plumbing, repairing windows — to make the House on the Hill and its scatter of adjacent cottages ready for the guests who will

Net neutrality came to an end on June 11, 2018. This was the Federal Communications Commission (FCC) policy that required internet service providers (ISPs) to deliver content at the same speed regardless of its source since 2010. This meant, among other things, that The Walt Disney Company couldn’t pay extra for a better download speed,