political

Ghostly Neutrino Particles Provide a Peek at Heart of Nearby Galaxy

Ghostly Neutrino Particles Provide a Peek at Heart of Nearby Galaxy

A gigantic observatory buried in the Antarctic ice has helped scientists trace elusive particles called neutrinos back to their origins at the heart of a nearby galaxy—offering a new way to study a supermassive black hole shrouded from view. According to a new study published Thursday in the journal Science, neutrinos are accelerating towards Earth …

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US Treasury sweetens the pot on I-bonds by adding a fixed rate

US Treasury sweetens the pot on I-bonds by adding a fixed rate

After record-breaking sales of I-bonds in October, the US Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will be available again after site maintenance at TreasuryDirect.gov, the inflation-adjusted annualized rate will be 6.48%, down from 9.62%. But there will also be a 0.4% …

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Forget the $22,500 limit, some workers can supersize their tax-deferred retirement savings up to $265,000 in 2023

Forget the $22,500 limit, some workers can supersize their tax-deferred retirement savings up to $265,000 in 2023

If you really want to rev up your retirement savings and minimize income taxes, the best thing to be is a late-career professional in private practice. When you’re making a lot of money and are close to retirement age, you have savings options that go way beyond the levels of the typical workplace 401(k) plan. …

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Americans Take Ketamine at Home for Depression With Little Oversight

Americans Take Ketamine at Home for Depression With Little Oversight

Startups are prescribing ketamine online to treat serious mental-health conditions, raising concern among psychiatrists about the safety of taking the mind-altering anesthetic without medical supervision, sometimes at high doses that raise risks of side effects. Ketamine is approved by the Food and Drug Administration to anesthetize people and animals and has been used safely in …

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Inside a Chinese iPhone Plant, Foxconn Grapples With Covid Chaos

Inside a Chinese iPhone Plant, Foxconn Grapples With Covid Chaos

HONG KONG—Foxconn Technology 2354 -0.76% Group is scrambling to contain a weekslong Covid-19 outbreak at an iPhone factory in central China, trying to appease frightened and frustrated workers during a crucial period for smartphone orders. In Foxconn’s main Zhengzhou facility, the world’s biggest assembly site for Apple Inc.’s AAPL 7.56% iPhones, hundreds of thousands of …

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The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year

The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year

The 20 richest tech billionaires have collectively lost nearly half a trillion dollars this year amid the stock market’s sharp tumble, a loss of wealth that is more than the market values ​​of all but seven companies in the S&P 500. The world’s richest tech moguls—including Mark Zuckerberg, Bill Gates and Larry Ellison—have seen more …

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Elon Musk Purchases Twitter, Firing Top Executives

Elon Musk Purchases Twitter, Firing Top Executives

Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the matter, capping an unusual corporate battle and setting up one of the world’s most influential social-media platforms for potentially broad change. Mr. Musk fired Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal after …

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Treasury Says Orders for I Bonds With 9.62% Rate Might Not Be Completed by Deadline

Treasury Says Orders for I Bonds With 9.62% Rate Might Not Be Completed by Deadline

So many investors are scrambling to buy I Bonds, which pay a 9.62% interest rate if purchased by Oct. 28, that the Treasury Department said its overwhelmed site might not complete all the orders in time. The government’s TreasuryDirect site, the only place investors can directly purchase securities such as I Bonds and Treasury bills, …

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US Economy Grew 2.6% in Third Quarter, GDP Report Shows

US Economy Grew 2.6% in Third Quarter, GDP Report Shows

The US economy grew in the third quarter but showed signs of a broad slowdown as consumer and business spending faltered under high inflation and rising interest rates. Gross domestic product—a measure of goods and services produced across the nation—grew at a 2.6% annual rate in the third quarter after declining in the first half …

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Americans think they need $1.25 million to retire.  Is that even enough?

Americans think they need $1.25 million to retire. Is that even enough?

Americans think they need $1.25 million to retire comfortably, new research suggests, but while that number may seem hefty — it still may not be enough. A study from Northwestern Mutual released this week found that US adults anticipate they will need $1.25 million to retire comfortably, a 20% rise since 2021. That comes as …

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