An adviser to wealthy early retirees explains why he thinks 401ks are ‘money prisons’ and where he tells clients to invest instead

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An adviser to wealthy early retirees explains why he thinks 401ks are ‘money prisons’ and where he tells clients to invest instead

Austin Dean calls retirement-specific accounts like 401(k) plans and IRAs “money prisons.”halbergman/Getty Images Austin Dean advises his high-net-worth clients to avoid 401(k) “money jail.” He recommends alternatives for building wealth that offer more flexibility and control. His advice to clients allows quick access to cash without having to sell investments and trigger capital gains tax. … Read more

Down 50%, this growth stock could be set for a rebound in 2026

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Down 50%, this growth stock could be set for a rebound in 2026

SoundHound is transforming into an agentic AI company. Its voice-first approach could be a big differentiator for the business. If it can turn to EBITDA profitability next year, that could be a big driver for the stock. 10 Actions We Like More Than SoundHound AI › When we look at artificial intelligence (AI) stocks that … Read more

RFK Jr.’s handpicked vaccine panel just voted to stop recommending hepatitis B vaccines for all newborns. Why the experts object.

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RFK Jr.’s handpicked vaccine panel just voted to stop recommending hepatitis B vaccines for all newborns. Why the experts object.

A federal vaccine panel handpicked by Health and Human Services Secretary Robert F. Kennedy, Jr. voted Friday to stop recommending immediate immunization for all newborns against hepatitis B, a dangerous virus that leads to chronic liver disease in more than 90 percent of infected infants. Earlier this year, Kennedy — a longtime vaccine skeptic who … Read more

Half a point less than a year ago

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Half a point less than a year ago

Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national 30-year fixed mortgage average this week is 6.19%. A year ago, it averaged 6.69% The 15-year fixed rate is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell for the second week in a row … Read more

‘It’s worse than Covid’, principal says as 170 students sick in one day

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‘It’s worse than Covid’, principal says as 170 students sick in one day

The headteacher of a County Londonderry school said it was “back in the days of Covid” after 170 pupils were taken ill in one day. Brian Guthrie from Ebrington Primary School said some children had to go to hospital and a small number were admitted for treatment last week. Confirmed cases of flu among adults … Read more

Consumer sentiment rises, September inflation data rose as expected

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Consumer sentiment rises, September inflation data rose as expected

00:00 scratch We have some breaking news breaking the wire right now. We have PCE, personal consumption expenditures in line with estimates. This is for September, remember, so it’s up 3/10 of 1% month-over-month, 2.8% year-over-year. If you strip out volatile food and energy costs, you’ll get a 2/10 percent increase again, right in line … Read more

China’s Xi and France’s Macron promise to cooperate on global crises and trade

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China’s Xi and France’s Macron promise to cooperate on global crises and trade

BEIJING (AP) — China and France have pledged deeper cooperation on global issues such as the war in Ukraine and trade as France prepares to take over the presidency of the Group of Seven next year. French President Emmanuel Macron met with China’s Xi Jinping on Thursday morning as part of a three-day state visit … Read more

Cleveland is abandoning small schools in favor of boosting larger high schools

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Cleveland is abandoning small schools in favor of boosting larger high schools

MC from Cleveland2The STEM high school was once the crown jewel of a declining and near-bankrupt school district — an “island of excellence,” as officials once sang, in a system in danger of a state takeover. Released in 2008, MC2STEM has drawn the city’s best students into classrooms in locations ranging from the Cleveland Science … Read more

China planted so many trees that it changed the distribution of water throughout the country

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China planted so many trees that it changed the distribution of water throughout the country

When you buy through links on our articles, Future and its syndicate partners may earn a commission. The Great Green Wall is a huge re-greening initiative in northern China aimed at slowing desertification. | Credit: PEDRO PARDO/AFP via Getty Images China’s efforts to slow land degradation and climate change By planting trees and restoring grasslands, … Read more