Author: Admin

Key PointsAny article about retirement is likely to urge you to save more for retirement — or at least to have you thinking you should be saving and investing more.But some people might be better advised to stop saving for retirement. Here’s a look at Americans’ retirement readiness and at whether you might be able to stop saving.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of…

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Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The springtime of your career encompasses those early years when you’re busy planting the seeds of new ideas and dreaming of the future. It’s all about potential. The summer of your career is when you start making investments, cultivating the seeds you planted years ago, then carefully pruning and protecting your business ideas so they can grow. Autumn is harvesting season — you’re reaping what you’ve sown. And winter is a time for taking stock of what you have and preparing for the future. We don’t get to be young…

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There is a lot of marketing material being pushed out these days touting registered investment advisors’ expertise with upper-high-net-worth clients. But for alternative investment manager Investcorp, its first foray into the wealth space focuses on another growing segment: the mass affluent who need financial advice.“There’s still plenty of opportunity to build something and scale something in the RIA sector, and we were particularly interested in what I would describe as the mass affluent model, where you can profitably serve clients,” said Vitali Bourchtein, managing director of Investcorp’s North American private equity team.Last week, Investcorp announced it had taken a majority…

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People shop at the Union Square Greenmarket on August 07, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesWarm weather usually drives salad sales, but consumers spooked by the ongoing cyclospora outbreaks are avoiding lettuce this summer.Traffic to Chopt Creative Salad Co. locations fell 24% on July 18, right after the Food and Drug Administration announced the outbreak, according to Placer.ai data. Sweetgreen on Thursday said consumer concerns about the outbreak had about a 6 percentage point impact on same-store sales in July, and the company cut its full-year outlook. And earlier this week,…

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A new Cambridge University study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied.The Cambridge Centre for Alternative Finance estimated that activity on Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, the network used roughly 33 kilowatt-hours (kWh) per $1 million of market value, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain.Solana used the most electricity, at about 13.48 GWh per year. Its energy intensity was roughly 283 kWh per $1…

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US Senate Majority Leader John Thune has filed cloture on a motion to take up the Digital Asset Market Clarity Act, also known as the CLARITY Act, setting up a key procedural vote on the crypto market structure bill for September.The vote is expected after the Senate reconvenes on Sept. 15, giving lawmakers several more weeks to resolve disagreements that prevented a deal before the August recess.The Senate Daily Press confirmed that Thune filed cloture on the motion to bring the CLARITY Act to the Senate floor for consideration. Invoking cloture requires 60 votes, meaning Republicans will need Democratic support…

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Demand for US spot Bitcoin exchange-traded funds (ETFs) rebounded sharply this week, signaling renewed investor appetite after months of uneven flows, even as uncertainty persists around digital asset regulation and the security of crypto self-custody.On Saturday, Bloomberg ETF analyst Eric Balchunas said the spot funds attracted roughly $1 billion in net inflows for the week, their strongest showing since April and third-best week since last October — a period he referred to as Bitcoin’s “silent IPO.”Source: Eric BalchunasThe term was popularized by investor Jordi Visser in November to describe what he viewed as a changing of the guard among Bitcoin…

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Since the first Industrial Revolution, goods and technologies have reached the farthest corners of the world, but the ability to design, build, market, and extract value from them has remained highly concentrated. Unless humanity can break this pattern, a sufficient response to climate change will remain out of reach. BRASÍLIA—Suppose the global economy comprised countries roughly equally equipped with research institutions, technology development labs, and industrial production facilities. They might compete fiercely, build rival alliances, and vie aggressively for raw materials and natural resources. But one can also imagine a more optimistic scenario. Since each country would understand its own…

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Mortgage rates are a little higher this morning, but are likely to soften on the heels of a lackluster jobs report.The average interest rate on a 30-year, fixed-rate mortgage rose to 6.54% APR, according to rates provided to NerdWallet by Zillow. This is seven basis points higher than yesterday but 16 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.This morning, the Bureau of Labor Statistics released the Employment Situation Summary for July — data that’s better known as the jobs report. Expectations were that…

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Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product is a natural extension of its credit card offering with Visa. “Six years in, the problem we’re solving is still the same,” co-founder and co-CEO Eric Wei told TechCrunch. “Creators are real businesses, and banks don’t understand them.” Despite their prominent position in culture, creators still encounter hiccups when doing simple things like applying for a business credit card or opening up a bank account, even when their businesses are booming. In some cases,…

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