Careful scrutiny of your retirement plans requires you to factor in annuities to balance your investment portfolio. Annuities remain reliable investment vehicles to generate a guaranteed income post-retirement. Meticulously planned annuities often replicate monthly paychecks that reflect in the form of salary amidst rising interest rates. Where Will I Start With My Annuities? Well, you…

Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties died on Thursday. He was 81. Zell died at home due to complications from a recent illness, according to Equity Group Investments, a company he founded in 1968. Bearded…

WASHINGTON—Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behavior from Ye, the rapper formerly known as Kanye West, years before ending its partnership with him. The German sportsbrand cut ties with its star collaborator in late October, following Ye’s antisemitic comments on social media and…

News Analysis On the eve of the Chinese Communist Party’s (CCP) rubber stamp conferences that kicked off on March 3, Chinese A-shares instantly surged, fell in successive days, then hit a one-month low on March 10, the day Xi Jinping was announced as leader of communist China for a third term. On March 10, Shanghai…

NEW YORK—Blackstone Inc. said on Wednesday it had blocked investors from cashing out their investments at its $71 billion real estate income trust (BREIT) as the private equity firm continues to grapple with a flurry of redemption requests. BREIT said it fulfilled redemption requests of $1.4 billion in February, which represents only 35 percent of…

Tesla Inc. Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker’s “Master Plan” when the company holds its first investor day on March 1. In 2006 and 2016, the billionaire laid out his vision for the electric carmaker, but much of the plans have yet to be achieved. “Master…

Small businesses need more access to capital, and small investors need more investment options. Those were the prevailing messages at Wednesday’s hearing by the House Subcommittee on Capital Markets, part of the House Financial Services Committee. Entitled “Sophistication or Discrimination? How the Accredited Investor Definition Unfairly Limits Investment Access for the Non-wealthy and the Need…

By Kim Clark From Kiplinger’s Personal Finance On the morning of Thursday, Oct. 13, as the Dow Jones industrial average plunged more than 500 points, a gathering of 370 investors and financial advisers—who were, as a group, losing tens of millions of dollars that very moment—calmly noshed on oatmeal and Danish. “Don’t just do something,…

The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…

The Biden team is celebrating a new agreement with China to ensure Chinese Communist Party (CCP) companies on American stock exchanges abide by U.S. regulations. But don’t be fooled—CCP firms are beholden to Beijing, not shareholders. The big winners are U.S. financial giants, Biden donors, and the CCP. Big losers are individual U.S. investors more…