Latest in Retirement Fund
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Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 6h -
Retirement and drinking don’t mix
Retirees suffer more from depression as it is. Binge drinking makes it worse.MarketWatch - 9h -
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.CNBC - 10h -
Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
The SEC said a lack of notifications by Vanguard drove higher capital gains tax bills for many retail investors.The Wall Street Journal - 13h -
Monterey Bay Aquarium Director Julie Packard to Retire
Julie Packard discusses highlights of her four decades with the Monterey Bay Aquarium, which she has led since it opened. She’s now stepping back from the role.The New York Times - 2d -
Ex-UFC middleweight champ Weidman retires
Former UFC middleweight champion Chris Weidman is hanging up his gloves, announcing his retirement Friday.ESPN - 7h -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 11h -
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced ...NBC News - 13h -
Osaka retires from Aussie Open match with injury
After losing the first set 7-6 (3), two-time Australian Open champ Naomi Osaka retired from her third-round match against Belinda Bencic due to injury.ESPN - 16h -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - 17h -
England and Tigers winger Watson retires on medical grounds
England and Leicester Tigers winger Anthony Watson retires from professional rugby union on medical grounds because of a back injury.BBC News - 19h -
Osaka retires injured from Australian Open
Naomi Osaka is out of the Australian Open after she was forced to retire injured from her third-round match against Belinda Bencic.BBC News - 19h -
Osaka retires injured from Australian Open
Naomi Osaka is out of the Australian Open after she was forced to retire injured from her third-round match against Belinda Bencic.Yahoo Sports - 23h -
Fury retires from boxing again: 'It's been a blast'
Former heavyweight champion Tyson Fury announced his latest retirement from boxing Monday, one month after losing a rematch with Ukrainian Oleksandr Usyk.ESPN - 4d -
Fury announces retirement from boxing again
Former heavyweight world champion Tyson Fury announces his retirement from boxing.BBC News - 4d -
Set to be free agent, Bolts' Mack to mull retiring
Chargers outside linebacker Khalil Mack said Sunday he is unsure about his football future.ESPN - 5d -
'Forever a Hurricane': Staal sees No. 12 retired
Eric Staal, a Thunder Bay, Ontario, native and former No. 2 overall pick, became the fourth player to have his number retired by the Carolina Hurricanes when his No. 12 was raised at the Lenovo ...ESPN - 5d -
USHL's Dubuque retires Gaudreau's No. 8 jersey
Late NHL star Johnny Gaudreau's No. 8 jersey has been retired by the Dubuque Fighting Saints.ESPN - 5d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Mick Lynch announces retirement as head of RMT union
Mr Lynch steered the union through fierce pay strikes in 2022 and 2023 before securing a new deal.BBC News - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Ulta Names Steelman CEO, Kimbell to Retire
Ulta Beauty has named Kecia Steelman as its chief executive, succeeding David Kimbell, as the company aims to reaccelerate its growth amid a global slowdown in the beauty market.The Wall Street Journal - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
Bulls to retire Rose's No. 1 jersey next season
The Bulls will retire Derrick Rose's No. 1 jersey to the rafters next season, the team announced.ESPN - Jan. 4 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Rose on Bulls jersey retirement: 'Would love that'
Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.ESPN - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1