|
Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
|
|
Newsom Says California Will Not Extradite Abortion Provider to Louisiana The New York TimesLouisiana wants a California doctor extradited to face abortion charges. Newsom isn't having it. PoliticoCalifornia Gov. Newsom says he's blocking Louisiana's push to extradite doctor accused of mailing abortion pills NBC NewsGovernor Newsom rejects Louisiana's attempt to extradite California doctor for providing abortion care California State Portal | CA.gov
|
|
Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region CNBCIran closes airspace to all flights as foreign minister denies it plans to execute protesters - live The GuardianIran closes airspace to commercial aircraft for hours amid tensions with US PoliticoIran signals plans for fast trials and executions while promising retaliation against US, Isra
|
|
S&P 500 books back-to-back losses as tech sells off, Bank of America slides after earnings: Live updates CNBCNasdaq leads Wall Street lower as tech and bank shares tumble Honolulu Star-AdvertiserStock market today: Dow, S&P 500, Nasdaq futures slip amid upbeat bank earnings, Iran fears Yahoo FinanceStock Market Today: S&P 500 Slips After Bank Earnings; Gold, Silver Hit Records — Live Updates The Wall Street Journal
|
|
Minnesota and Illinois invoke the 10th Amendment in lawsuits to block federal agents in their cities. Here's why that matters CNNWhy this legal expert says the Minnesota and Illinois immigration lawsuits ‘are close to completely meritless' CNNHow Minnesota, Illinois are trying to use the 10th Amendment to block ICE Axios‘I'm Embarrassed': ICE Agents Speak About the Shooting in Minneapolis Time Magazine
|
|
Moreno's Game Winner Lifts Cats Past Tigers UK AthleticsKentucky 75-74 LSU (Jan 14, 2026) Game Recap ESPNKentucky's Malachi Moreno hits buzzer-beater vs. LSU, which could have major NCAA tournament implications Yahoo SportsLSU basketball loses a fourth straight SEC game after Kentucky hits winner at buzzer NOLA.com
| |
Truelink Capital, the Los Angeles buyout house launched by a pair of former Platinum Equity managing directors three years ago, is already back in the market with its sophomore fundraise.
The post Ex-Platinum Equity execs back with second Truelink Capital fundraise, with eyes on $1.5bn appeared first on AltAssets Private Equity News.
|
|
Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
|
|