Sun.Dec 10, 2023

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New Data From the CDC Reveals the Optimal Age to Claim Social Security for the Average Retiree

The Motley Fool

One of the biggest decisions you'll make while planning for retirement is when to claim Social Security. Most people can claim at any point once they reach age 62. However, if you wait to claim your benefit, you'll receive a higher monthly check. So, even while you go without a Social Security check during the early years of your retirement, it can pay off in the long run.

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8 Things I Think I Think

A Wealth of Common Sense

Some things I’ve been thinking about lately: 1. I think this is the strongest labor market we’ll see in my lifetime. Since the Fed began raising rates in March 2022, the U.S. economy has added more than 6 million new jobs. This year we’ve added 2.5 million jobs. The whole idea of rate increases was to slow consumer demand which would cause companies to cut back which would lead to job cuts which would sl.

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Boeing Just Won a Multibillion-Dollar Contract. Here's Why That's Bad News.

The Motley Fool

More than a dozen years ago, Boeing (NYSE: BA) made a bad bet -- and it's getting worse with age. In 2011, desperate to win contracts for a defense business that was suffering flat revenues and declining profits, and threatened by rival defense contractors trying to horn in on its aerial refueling tanker business, Boeing bid low on a contract to build new "KC-X" refueling tankers for the U.S.

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Cigna pulls out of blockbuster deal to create insurance giant with Humana

Financial Times M&A

Merger would have been largest of year and created a $140bn healthcare insurer

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The "Boring" Business Beating Amazon by 3X

The Motley Fool

If you've never seen a steelmaking operation in person, it's a loud, hot, bright, exciting process. That excitement might not translate into owning a steel stock, but maybe it should. Take the stock of North America's largest steelmaker, Nucor (NYSE: NUE) , for example. The steelmaking process alone isn't the only thing that should be exciting for investors.

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Why Saudi Arabia and private equity have landed stakes in Heathrow

Financial Times M&A

Two new shareholders, PIF and Ardian could increase their investment further as part of airport’s ownership structure

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Liquid AI Raises $37.6M in Seed Funding

FinSMEs

Liquid AI, a Boston, MA-based developer of domain-specific, and general-purpose AI systems powered by Liquid foundation models, emerged from stealth mode with $37.6M in Seed funding. The round was led by OSS Capital and PagsGroup (the family office of Stephen Pagliuca). Other investors include Breyer Capital, Tom Preston Werner (Github Co-founder), Naval Ravikant (AngelList & […] The post Liquid AI Raises $37.6M in Seed Funding appeared first on FinSMEs.

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38 States That Don't Tax Social Security Benefits

The Motley Fool

When you're living off a fixed income, every dollar matters. You worked hard for decades, and you paid the government every step of the way. You don't want to pay it any more than you have to once you're retired. Fortunately, if you live in one of the 38 states listed below, you can rest assured that your state won't try to take a slice of your Social Security benefits.

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Simply Homes Raises $22M in Funding

FinSMEs

Simply Homes, a Portland, Maine-based provider of an automated Single Family Rental (SFR) sourcing and underwriting platform, raised $22M in funding. The round was led by Gutter Capital and Watchung Capital, with participation from Village Global, Ambush Capital, RavenOne Ventures, Neil Parikh, Gabe Flateman, Luke Sherwin, and others. The company intends to use the funds to expand operations […] The post Simply Homes Raises $22M in Funding appeared first on FinSMEs.

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Vertex Pharmaceuticals Just Proved Something Big to Investors. Time to Buy?

The Motley Fool

Vertex Pharmaceuticals (NASDAQ: VRTX) has built a billion-dollar cystic fibrosis (CF) treatment empire, but investors have been looking for something more. They've hoped to see the company broaden its work into other areas to add an extra lift to long-term growth. When Vertex announced the failure of two candidates to treat alpha-1 antitrypsin deficiency (AATD), an inherited disorder affecting the lungs and liver, back in 2020 and 2021, investors took the news particularly hard -- seeing this as

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TikTok to take over Indonesia’s Tokopedia in bid to overcome ecommerce rules

Financial Times M&A

ByteDance’s social media company to invest $1.

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History Says the Nasdaq Will Surge in 2024: 1 Magnificent Artificial Intelligence (AI) Growth Stock to Buy Before It Does

The Motley Fool

The troubles that Wall Street endured in 2022 are largely in the rearview mirror, and investors are looking to the future. After losing more than 35% of its value last year, the Nasdaq Composite has come roaring back, gaining 36% so far this year (as of this writing). History shows there's likely more to come. Going back to 1972 -- the first full year the Nasdaq traded -- in the year following a market recovery, the tech-centric index has gained 19% on average, suggesting the current surge is fa

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Can the planet really sustain any more ESG conferences?

Financial Times: Moral Money

An FT column offering a behind-the-scenes look at the work of Rutherford Hall, critical communications strategist

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3 No-Brainer Cryptos to Buy Before the End of 2023

The Motley Fool

With the crypto market showing signs of heating up once again, it's time to look for high-upside cryptocurrencies with the potential to skyrocket even higher. The focus here should be on cryptos with solid, long-term growth prospects that can be added to a diversified buy-and-hold portfolio. With that in mind, I've picked out three no-brainer cryptos to buy before the end of the year: Bitcoin (CRYPTO: BTC) , Solana (CRYPTO: SOL) , and XRP (CRYPTO: XRP).

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Owners of O2 Arena and Hammersmith Apollo enter race for See Tickets

Financial Times M&A

Vivendi is hoping to fetch up to €300mn for one of the UK’s biggest ticketing merchants

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Crypto Is Heating Up Again -- Snag These 4 Cryptos Now

The Motley Fool

Heading into 2024, the crypto market is arguably one of the hottest areas of the investment world. Many top cryptos are up triple digits for the year, and analysts continue to pump out higher and higher price estimates for just how high these cryptos might go. I've picked out four cryptos that I think should be on investors' year-end holiday shopping list: Bitcoin (CRYPTO: BTC) , Solana (CRYPTO: SOL) , XRP (CRYPTO: XRP) , and Cardano (CRYPTO: ADA).

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Leading a life of significance

Million Dollar Round Table (MDRT)

By Joseph W. Jordan This business has so much negativity and rejection that self-driven motivation is not enough. Instead, get inspired because that’s what will drive you. To get inspired, believe that you can be the most important person in someone’s life. As a result of your actions, a family can continue, a small business stays intact or a legacy is born.

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1 Artificial Intelligence (AI) Stock Set to Join Apple, Amazon, Microsoft, Alphabet, and Nvidia in the $1 Trillion Club

The Motley Fool

Every company in the $1 trillion club is investing heavily in artificial intelligence (AI). Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. The company pours around $1 billion annually into developing new AI technologies. Amazon (NASDAQ: AMZN) is the leading cloud computing platform, and it just unveiled its new Trainium 2 chip design to enable developers to train their large language models while using less computing power.

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Bureo Completes Series B Funding

FinSMEs

Bureo, an Oxnard, CA-based B Corp focused on providing fishermen with an end-of-life solution for discarded fishing nets, closed its Series B funding. The round was led by Toyota Tsusho Corporation and supported by Mirova, Ocean 14 Capital, Conservation International Ventures and Susquehanna Foundation. Tin Shed Ventures – Patagonia’s venture capital fund – was the initial seed investor in Bureo.

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What AT&T Investors Need to Know About the $14 Billion Open RAN Deal

The Motley Fool

Telecom giant AT&T (NYSE: T) is embarking on a revamp of its wireless network infrastructure. The company announced last week that it had signed a deal with Sweden's Ericsson to spend as much as $14 billion over five years to deploy open radio access network, or Open RAN, technology. Within a wireless network, the RAN is responsible for connecting end-user devices to the core network.

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Behind CalSTRS’ cost savings: Better returns and control of risks

Top 1000 Funds

CalSTRS has saved more than $1.6 billion in costs since 2017 thanks to its collaborative model approach, which brings more assets in-house and encourages the use of different investment vehicles. Now it’s looking to measure the other benefits including boosted returns and more control over risks.

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Lockheed Takes the Lead in the Race for a Nuclear Spaceship

The Motley Fool

The U.S. military likes nuclear power -- and I mean, it really likes nuclear power. Powered by highly enriched uranium nuclear reactors, U.S. Navy submarines and aircraft carriers can operate for as long as 30 years before needing to add fuel. This frees them from the need to have oil tankers tag along on missions for periodic refueling. It allows the submarines to operate underwater without the need to come up for air for the combustion of hydrocarbons.

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FMO and Green Climate Fund back evergreen debt vehicle with $180mln

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post FMO and Green Climate Fund back evergreen debt vehicle with $180mln first appeared on Africa Capital Digest.

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Social Security's 2024 Cost-of-Living Adjustment (COLA) Offers No Silver Lining

The Motley Fool

For most retirees, Social Security income is indispensable. More than two decades of surveys from national pollster Gallup have shown that an overwhelming percentage of current and future retirees are reliant on, or expect to lean on, their Social Security income to cover at least some portion of their expenses. Considering how important Social Security benefits are to the financial well-being of our nation's aging workforce, it's no surprise that the annually announced cost-of-living adjustment

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Mirova launches successor to $208mln Land Degradation Neutrality Fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Mirova launches successor to $208mln Land Degradation Neutrality Fund first appeared on Africa Capital Digest.

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The 5 Best Women's Gifts to Buy at Sam's Club

The Motley Fool

Image source: Getty Images It's the season of giving, and it's not too late to find affordable gifts that your family and friends will love. You may want to check out your local club if you have a Sam's Club membership. You can get a great deal as you check off the items on your list. Are you still shopping for the amazing ladies in your life? Here are some of the best women's gift items sold at Sam's Club. 1.

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Sportable holds $15mln first close for its Series A

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Sportable holds $15mln first close for its Series A first appeared on Africa Capital Digest.

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U.S. Money Supply Is Shrinking the Most Since the Great Depression. Does It Spell Doom for the Stock Market in 2024?

The Motley Fool

Predictions about how stocks will perform in the new year are already beginning to circulate. Some think the prospects should be good since the S&P 500 typically rises during U.S. presidential election years. Others foresee a mild recession on the way, which would likely cause stocks to fall. But perhaps the most intriguing prognostications dive into especially arcane economic waters.

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Mastercard fund-of-funds backs three more African venture funds

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Mastercard fund-of-funds backs three more African venture funds first appeared on Africa Capital Digest.

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3 Huge Social Security Changes Taking Effect in January 2024

The Motley Fool

Social Security can make or break retirement for many people, and any adjustments to the program could affect your monthly income. Starting in January, there will be a few changes coming to your benefits. Some of them will increase the amount you receive each month, while others may not be as positive. If you're depending on Social Security in any way, it pays to know what to expect heading into the new year.

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US-based family office helps Climate Investor 2 reach third close

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post US-based family office helps Climate Investor 2 reach third close first appeared on Africa Capital Digest.

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45% of Americans With Health Insurance Have Still Avoided Care Due to the Cost

The Motley Fool

Image source: Getty Images You'll often hear that it's a dangerous thing to go without health insurance. If you get injured or need extensive treatment in a hospital or rehab facility, you could be looking at truly catastrophic bills without some sort of coverage in place. But let's be clear -- having health insurance does not guarantee that your medical care will be affordable.

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American DFI acquires equity stake in Miro Forestry

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post American DFI acquires equity stake in Miro Forestry first appeared on Africa Capital Digest.

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The S&P 500 Just Had 1 of Its Best Months in History. Here's What the Stock Market Usually Does Next

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) tracks 500 large U.S. companies that span every stock market sector, covering about 80% of domestic equities by value. As a result, the index is commonly used as a barometer for the entire U.S. stock market, though the Dow Jones Industrial Average (DJINDICES: ^DJI) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) are also widely followed benchmarks.