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Jacobs Stock Photography Ltd/DigitalVision via Getty ImagesCongratulations. You made it to retirement. You spent decades working, saving money, investing, and hopefully avoiding enough bad financial decisions that you have a decent retirement portfolio. Now Fidelity would like $185,500. FidelityThat’s Fidelity’s latest estimate for the amount a 65-year-old retiring in 2026 can expect to spend on healthcare and medical expenses throughout retirement. Unfortunately, that’s the estimate for one person. The estimate increased 7.5% in a single year. In 2025, Fidelity’s estimate was $172,500. Apparently, healthcare costs haven’t heard about Costco’s $1.50 hot dog policy. Wait, I Have Medicare Great. You’ll still…

XAU/USD Current Price: $4,641The US Dollar found some near-term demand but remains weak amid Middle East woes.Market participants await the United States PCE Price Index for additional clues.XAU/USD corrects lower, but technical readings favor another leg north. The US Dollar (USD) sell-off appears to have found a temporary bottom on Tuesday, and market players are willing to book some profits. Gold is no exception, with the precious metal currently trading around $4,650 after flirting with the $4,700 mark at the beginning of the day. Nevertheless, the broad USD weakness prevails amid persistent uncertainty related to the Middle East situation and…

On September 8, Canada begins charging its own importers 15%, 25% and 50% on roughly 700 lines of American goods. The measure is billed as dollar for dollar, and on the arithmetic of covered trade it is. What it is not is a tax on the United States. The money is collected at Canadian ports from Canadian importers, and the market that has spent ten weeks repricing this dispute has already worked out who pays.That market is not the currency. It is the Canadian rate curve, and it has moved in the direction almost nobody covering this trade war has…

(Bloomberg) — Bitcoin was once conceived as a way to escape the financial system. Increasingly, some of its biggest holders are choosing to move deeper inside it.Wall Street is making it cheaper and easier for investors to swap large crypto holdings for shares in exchange-traded funds, allowing them to retain exposure to Bitcoin while moving their wealth from private wallets and crypto platforms into the machinery of mainstream finance.What began as a bespoke service for the very wealthy is becoming more routine. BlackRock Inc. cut the minimum size for such transactions to $1 million in July from $25 million when…

USD/JPY extends its sideways movement below the 160.00 mark on Tuesday, holding modest gains despite a softer US Dollar (USD). The weaker Greenback has failed to lift the Japanese Yen (JPY), which is underperforming its major peers. At the time of writing, the pair trades around 159.30.The Yen faces persistent pressure from Japan’s expansionary fiscal policy, high government debt and wide interest-rate gap with other major economies. Expectations of further Bank of Japan (BoJ) tightening are providing little support, even as markets fully price in a rate hike next month. Tokyo Consumer Price Index (CPI) data on Friday could offer…

Key PointsThe revenue growth rates and gross margins of Western Digital and Seagate Technology are nearly the same.Both companies have emphasized the durability of their business models amid the AI supercycle while issuing identical revenue guidance targets for fiscal 2027 Q1.Seagate Technology’s stock has rallied by more than Western Digital, giving the latter a more attractive valuation for new buyers.10 stocks we like better than Western Digital ›Western Digital (NASDAQ: WDC) and Seagate Technology (NASDAQ: STX) have both outpaced the S&P 500 by a wide margin this year, driven by their data storage products. Solid-state and hard-disk drives have become…

This article was written byFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate…

Family location-sharing and safety app Life360 is expanding its pet-tracking capabilities on Tuesday with the launch of a new product line of $7.99 scannable pet tags and other pet care features that tap into its tracking network technology. Life360 expanded into pet tech last year with the launch of GPS pet trackers that leverage the lost-item-finding capabilities that the company integrated into its platform after its 2021 acquisition of AirTag rival Tile. With Tile, the company now offers not just location-sharing features for families, but also the ability for members to track other things of importance — like keys, handbags,…

United Airlines said Tuesday it’s planning to add a host of new international destinations next year that span Ljubljana, Slovenia, to Okinawa, Japan, continuing its so-far profitable bet that consumers will keep spending big to try new destinations abroad.United already offers more international service than other U.S. airlines and is selling destinations well beyond major tourist draws like Tokyo and Rome to capitalize on changing traveler tastes and grow profits, even as costs soar.”They want to get away from the overcrowded, large European cities,” said Patrick Quayle, United’s senior vice president, who heads the carrier’s global network planning and alliances.Here…

Bessent said the sanctions against Iran will “tighten the noose and block every potential source of revenue”.Yet, many experts disagree. Advisory firm Oxford Economics said the direct impact on Iran’s revenues would be “somewhat of a damp squib”.Ali Vaez, deputy director at the International Crisis Group, said: “Anything that moves in Iran has already been sanctioned by multiple layers of sanctions, in fact. “So the question now is one of enforcement. Does the United States have what it takes to impose fines and levies on countries that continue to trade with Iran?”He noted how the US started an economic war…