Bank confirms that pension funds almost collapsed amid market crash | pension industry

Pension funds that manage huge sums on behalf of pensioners across Britain are close to collapse amid the “unprecedented” crash in UK government bond markets after Kwasi Kwarteng’s mini-budget, Bank of England He said. Explaining its emergency intervention to calm turmoil in financial markets last week, the central bank said pension funds in which it … Read more

Will you run out of money in retirement?

Many Americans fear that they will outgrow their retirement savings. A new GOBankingRates poll finds that 66% of Americans are Afraid of running out of money In retirement, making it their number one fear regarding entering this stage of life. Retire at any age: Get retirement tips for every stage of lifeWe see: 7 surprisingly … Read more

The Rounds raises $38 million Series A for sustainable ‘home restocking’ • TechCrunch

Online shopping and express delivery through services like Instacart and Amazon Prime are the pinnacle of modern convenience, but for many consumers who are concerned about sustainability and the impact of e-commerce on the environment, every box and plastic bag deposited on their doorstep is also accompanied by guilt. If there was a better way … Read more

Asian markets were mixed after US stocks fell, and OPEC + announced production cuts

Mizuho: OPEC+ production cut confirms ‘explicit desire for price recovery’ The decision of OPEC and its allies Production cut by 2 million barrels per day Vishnu Varathan, head of economics and strategy at Mizuho Bank, underlines the group’s explicit desire for a price boom, not just support. He wrote that a supply cut of around … Read more

Save your money and keep your cool – Black Friday starts now

Tommy Tindall October is the new Black Friday. At least that’s the impression some retailers give. Target and Amazon are heading into the hot month with big discount events this week and the next in a row. Shoppers may find early sales a good way to do this Saving Money On gifts now. But don’t … Read more

Latin entrepreneurs develop their tech startups in Houston

In a pitch competition held by the Consulate General of Israel in the Southwest, three of these companies were selected as finalists and evaluated by a panel of Hispanic business leaders and entrepreneurs to win cash prizes and mentorship. From sustainable online shopping to tangible real-time power analytics, these entrepreneurs are disrupting industries with new … Read more

Dow Jones sells 300 points after jobs and key economic data; OPEC meeting on tap

The Dow Jones Industrial Average sold more than 300 points on Wednesday after a stronger-than-expected ADP employment report. The ADP payroll report reviews Friday’s jobs report from the Department of Labor. while, OPEC + will meet To consider controversial production cuts. X Ford Motor (F) was flat Wednesday morning after Morgan Stanley upgraded the stock … Read more