The stock market’s recent downturn has left many retirees feeling anxious, but experts say it’s essential not to panic. “Don’t make an emotional or knee-jerk reaction,” says Nick Bour, founder and CEO of Inspire Wealth in Brighton, Michigan. “During Covid, stocks went down really fast, but they also came back really fast.” For those nearing … Read more
The next Social Security payment is scheduled for April 9, and eligible recipients may receive increased benefits due to the 2025 Cost of Living Adjustment (COLA). Payouts could reach up to $1,450 per month, depending on lifetime earnings and work history. To determine eligibility, check the Social Security Payment Eligibility Criteria for 2025. This includes … Read more
French mountain bike champion Pauline Ferrand-Prevot has made history by becoming the first Frenchwoman to win the women’s Paris-Roubaix road race. Riding for Visma-Lease a Bike, she broke clear with 15km of the 148.5km route remaining and crossed the line in 3 hours 40 minutes 7 seconds. Ferrand-Prevot outperformed Italy’s Letizia Borghesi by 58 seconds, … Read more
A newly observed monster black hole has burst into life, emitting X-ray blasts that are releasing a hundred times more energy than scientists have ever seen before. The supermassive black hole, located about 300 million light-years away from Earth, was previously inactive but is now actively devouring matter around it and erupting with short-lived flaring … Read more
New York Attorney General Letitia James has urged Congress to pass legislation creating a federal regulatory framework for cryptocurrencies. In a letter to top congressional leadership, James argued that digital asset investors need stronger protections from scams and fraud. James recommended requiring crypto companies to register with a federal agency and setting minimum listing standards … Read more
The US oil industry is facing significant uncertainty due to President Donald Trump’s tariffs, with many drillers reconsidering new projects or delaying existing ones. Industry executives say that the cost of pipes needed for drilling projects has doubled following Trump’s tariff on steel imports, while the price of oil has fallen by 17% this year. … Read more
US President Donald Trump’s administration has granted exemptions to Apple and Nvidia from its reciprocal tariffs, providing significant relief to the global tech industry. This move affects smartphones, computers, and other electronics, offering a temporary reprieve for major technology manufacturers. Source: https://www.bloomberg.com/news/articles/2025-04-12/trump-exempts-phones-computers-chips-from-reciprocal-tariffs
The Federal Reserve’s ability to prevent a repeat of the 2008 Global Financial Crisis is being questioned by banks and economists. JPMorgan CEO Jamie Dimon claims that stricter regulations need to be scaled back to allow banks to step in during times of market stress. Dimon argued that current capital requirements are too onerous, stifling … Read more
The European Space Agency’s annual Space Environment Report has revealed that space debris is on the rise, posing a significant threat to operational satellites and spacecraft. With the number of satellite launches outpacing their disposal, the problem of debris in Earth orbit is worsening. The report estimates 54,000 objects larger than 10 centimeters across are … Read more
A groundbreaking research study published in the Mayo Clinic Proceedings suggests that combination therapy of statins and ezetimibe may transform cardiac care by significantly reducing cardiovascular risks and mortality rates. Led by Maciej Banach, MD, PhD from Poland and leader of the International Lipid Expert Panel (ILEP), the study analyzed 14 studies involving over 108,000 … Read more