The Latest Breaking News from Inflation

When it comes to protecting money, most people gravitate toward what sounds stable, low-risk, and time-tested. But not everything that promises safety actually delivers it. In fact, some of the most financially devastating products wear a mask of security while quietly draining wealth.

The past week has been a whirlwind of economic news, with President Donald Trump’s influence on the Federal Reserve and the U.S. economy taking center stage. From former Federal Reserve Chairs’ warning about potential economic damage to record-setting inflows into U.S. assets, the week was filled with significant developments.

Retirement planning isn’t something you set and forget. Life changes, the economy shifts, and what worked ten years ago might not work today. Many people don’t realize their retirement plan is stuck in the past. This can lead to missed opportunities, unnecessary risks, or even running out of money too…

Whether you're eligible for Medicare or getting coverage through the Affordable Care Act, make sure you plan for premiums, deductibles and other out-of-pocket costs.

In Europe, Hungary saw the biggest jump in wealth of its citizens over the past year, followed by Lithuania and Sweden. This is according to a new report by multinational investment bank UBS.

“It’s quiet ... a little too quiet,” writes Mark Haefele, chief investment officer of UBS Global Wealth Management.

Cuba doesn’t have any beggars, according to the country’s minister of labour, Marta Elena Feitó Cabrera. In a speech to the national assembly on July 15, she denied the existence of destitution in the communist country, claiming the problem was actually people “disguised as beggars”.

A recent report found that although the United States allocated over $7 billion for electric vehicle charging infrastructure through the Inflation Reduction Act, only 400 stations had been built.

Perhaps that’s one reason stocks are selling off globally this morning. While most indexes in Asia and Europe remain near their all-time highs, there is broad-based but mild selling in all of them.