New research from Corebridge Financial reveals that only 28% of workers and retirees feel psychologically comfortable spending their retirement savings, despite 60% associating retirement with freedom and enjoyment. The main cause of this anxiety is decades of saving without preparing mentally to spend those funds, compounded by uncertainties like lifespan, healthcare costs, and market fluctuations. Experts recommend creating personalized spending plans rather than relying on generic rules like the 4% rule, which can help retirees feel more confident and empowered to use their savings. Guaranteed lifetime income options are also favored, with many retirees preferring steady annual income over lump sums to support lifestyle spending such as travel and home improvements.
The United States Mint announced it is accepting subscription orders for the Comic Art Three-Medal Set, 2025 Super Heroes, featuring one-ounce silver medals of Superman, Batman, and Wonder Woman. This set is part of the Comic Art Coin and Medal Progr...
Fathom Holdings announced a $53.38 million equity merger with Bed Bath & Beyond, where shareholders will receive 0.2236 shares of Bed Bath & Beyond per Fathom share. The merger aims to integrate Fathom's real estate and mortgage services with Bed Bat...
U.S. stock markets rose Wednesday with small caps leading, hitting record highs as investors awaited Federal Reserve Chair Kevin Warsh's first interest rate decision. The Fed is expected to keep rates steady at 3.50%-3.75%, focusing attention on futu...
CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...
Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 r...
