Can your retirement survive coming Social Security changes?

At a Glance: Social Security is projected to be insolvent by 2032. Expect benefit cuts, a higher retirement age, higher taxes, and means-testing as possible fixes. I’m personally preparing for Social Security reform by savings and investing in high-yield investments. The Social Security Administration now forecasts that its OASI Trust Fund will become insolvent in 2032 – […]

6 mins read

White House withdraws nomination of Brian Quintenz for CFTC chair

Key Takeaways The White House has withdrawn Brian Quintenz’s nomination to chair the CFTC, ending his potential leadership of the derivatives regulator. Brian Quintenz is a former CFTC commissioner known for his active role in crypto regulation discussions and his support for presidential policies. Share this article The White House withdrew Brian Quintenz’s nomination for […]

1 min read

Disney sends cease and desist letter to Character.AI

Disney has demanded that Character.AI stop using its copyrighted characters. reports that the entertainment juggernaut sent a cease and desist letter to Character.AI, claiming that it has chatbots based on its franchises, including Pixar films, Star Wars and the Marvel Cinematic Universe. In addition to claiming copyright infringement, the letter questioned whether these protected characters […]

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Ripple and Coinbase to qualify as crypto custodians under new SEC staff guidance

The SEC issued a no-action letter on Sept. 30, allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, opening the door for Ripple, Coinbase, and other digital asset firms to serve registered funds. The staff guidance clarifies the definition of “bank” under the Investment Advisers Act of 1940 and the […]

2 mins read