Economy

What's the required minimum distribution from a $200,000 retirement account?

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What to Know About Memorial Day's Record-Breaking Travel This Year

This Memorial Day weekend is expected to be the busiest travel holiday in years, with millions of people hitting the roads and airports to commence the unofficial start of summer.

The last century was great for U.S. stocks, but the next decade might be challenging, says investing chief

High valuations and narrow concentration could present challenges for the S&P 500 moving forward, one expert says.

The Fed will have to raise interest rates in July to appease 'bond vigilantes,' Yardeni says

Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.

The EU will cut growth outlook, raise inflation forecast as Iran war drives 'stagflationary shock'

The commission's forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.

NextEra Energy to buy Dominion, creating world’s largest utility

Electricity rivals NextEra Energy and Dominion Energy have agreed to merge, creating the world’s largest utility with a customer base stretching from Florida to Virginia.

Bank of England does not need to hike interest rates, says IMF

The Bank of England is expected to hold and even potentially hike interest rates this year in response to resurgent inflation sparked by the Iran war.

'Capitalism has to become more humane': a Stanford economist on big tech, power hoarding and democracy

Mordecai Kurz argues tech oligarchs erode democracy through monopolies – and predicts how the trend may end

‘This is bad’: Strategists see European oil shortages within weeks as inventories are depleted

The Iran war oil squeeze could trigger shortages in Europe within weeks, and keep global inventories depleted until 2027, strategists warn.

A house for £1? What a day at a property auction taught me about the UK housing crisis

Some of the homes have been repossessed, while others are being sold off by debt-laden housing associations. Who buys them – and who will end up living there?

‘It fails under testing, but it’s what we have’: ban forces Palestinians to make their own cement from rubble

With Israel blocking imports of building materials, those rebuilding in Gaza are recycling ruins to make new homes

Ryanair has plans for 'armageddon' scenario as CFO warns weaker European carriers may not survive jet fuel crunch

Ryanair said it has plans for an "armageddon situation," amid the jet fuel crisis.