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Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout CNBCChina to loosen chip export ban to Europe following Netherlands row BBCChina Says It Is Loosening Restrictions on Nexperia's Auto Chips The Wall Street JournalUS to announce Nexperia's China facilities will resume shipments, source says Reuters
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'Counting pennies': Houston families seek food aid as SNAP hangs in limbo NBC NewsHouston Food Bank holds special food distribution at NRG Stadium to provide relief amid government shutdown ABC13 HoustonThe federal shutdown will halt November SNAP benefits. Here's what you need to know. The Texas TribuneAustin food pantries and restaurants are helping during the SNAP pause CultureMap Austin
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Xi-Trump Deal Leads to Resumed Shipments of Crucial Auto Semiconductors The Wall Street JournalChina to loosen chip export ban to Europe following Netherlands row BBCWhere the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout CNBCCar buyers face delays as chip crisis hits automakers hard USA Today
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Banks and credit unions are offering interest-free loans, fee waivers, loan-payment accommodations and more to those impacted by the government shutdown.
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How a great-grandmother helped researchers unravel a dinosaur mummy mystery NPR'Stunningly preserved' dinosaur 'mummies' discovered in Wyoming have skin and hooves ABC NewsHere's how dinosaur ‘mummies' are helping scientists solve fossil mysteries National GeographicFirst-ever 'mummified' and hoofed dinosaur discovered in Wyoming badlands Live Science
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Defining your Ideal Client Profile helps you clarify who you serve best and reconnect with your deeper purpose.
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Founders seeking to maximize their returns from an eventual sale should be aware of the Startup Exit Waterfall and its implications for their exit strategy.
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Discover how AI can enhance human connection rather than replace it, helping brands deliver personalized experiences at scale.
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AI can analyze and advise, but it can't grasp the complexity of human motivation. Here's why leaders should never outsource this part of their role.
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While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.
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Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the S&P 500 is down about 20% so far this year.
The financial industry has a name for this scenario: sequence of return risk. "It matters most at retirement when you're selling assets for income," says Wade Pfau, a professor of retirement income at The American College of Financial Services in King of Prussia, Pa. "You need to sell a larger number of shares to get the same amount of money. Those shares are then gone so even if the market bounces back, your portfolio won't recover as much."
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The newly retired are particularly vulnerable because they're "relying on this pot of money to finance the next 20 to 30 years of their life," says Amit Sinha, head of multi-asset design at Voya Investment Management in New York City.
Sequence of return risk is less of a concern for someone further along in retirement because retirees typically shift to safer, more conservative investments and have fewer years to pay for. Plus, these investors may have benefited from portfolios boosted by strong returns early in retirement.
Similarly, if retirement is a decade or more away, what happens to markets today is mostly irrelevant. "You just allow the compounding to work for you and recover over those years," says Sinha.
Someone retiring now, of course, doesn't have that luxury. If this describes you, there are several things you can do to minimize the damage, but first, assess what it's likely to mean for your portfolio long term.
Depending on how you react now, t
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 President Trump is talking with the press corps all the time. But his accessibility is increasing at the same time the White House press briefings are decreasing.
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