When it comes to retirement, many Americans are on their own. New annuity-like products from companies like BlackRock are cropping up in 401(k) plans, aiming to siphon off a portion of savings and put them into income vehicles that will guarantee paychecks for life. Despite their negative connotations, there are good reasons to consider some types of annuities as part of a retirement paycheck that may include other sources like Social Security, portfolio income, and capital gains.
The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) linked to the price of Ethereum.
(Bloomberg) -- Treasury yields surged as data showing strength in US business activity and a tight labor market sparked traders to push back the timing for Federal Reserve interest-rate cuts until the end of this year.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationHarvard Students Walk Out of Commencement Protesting SuspensionsSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSam Bankman-Fried