Tag: education

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401(k) Plan's 'Portability Failure' Is a Problem for Employees

Decoding Retirement: The 401(k)'s Portability Failure and Impact on Workers. Retirement expert Laurie Rowley highlights the challenges of the 401(k) system, including lost accounts and the need for better portability solutions.

TSMC Shares Plunge as AI-Linked Rout Hits Taiwan Market

Taiwan Semiconductor Manufacturing Co. shares plummeted nearly 6% on Monday amid a global selloff in AI-linked stocks, following news of DeepSeek's cost-effective AI model that may challenge TSMC's dominance as a chip supplier to Apple and Nvidia.

Japan unsure of data centre impact on power demand as AI use grows

Japan's industry ministry acknowledges the potential impact of data center expansion on electricity demand, but notes the difficulty in predicting the effects of emerging technologies like DeepSeek, which could both increase and decrease demand due to potential energy efficiency improvements.

Trump's Administration Warms to Crypto, Spurring Wall Street's Embrace

Donald Trump's support for cryptocurrencies encourages financial institutions to expand into digital assets, with Charles Schwab playing a key role in custody. SEC rule changes and industry demand signal wider acceptance of crypto investments, pending further regulatory guidance. Banks consider offering crypto services as the regulatory landscape evolves.

India Budget Favors Short-Term Relief, Disappoints on Growth Reforms

India's annual budget prioritizes short-term relief through tax cuts, disappointing analysts who anticipated reforms to boost growth and address structural issues.

India Reviews Crypto Stance as Global Attitudes Shift

India reviews stance on crypto due to shifting global attitudes, potentially delaying release of discussion paper.

China's Box Office Revenue Hits Record High During Lunar New Year Holiday

China's Lunar New Year film revenue reaches record high as government stimulus boosts cinema spending.

5 Lessons for Investors From the DeepSeek AI Crash

China's DeepSeek AI stuns Wall Street, sparking a steep decline in Nvidia and other tech stocks. This episode exposes the risks of market concentration and has broad implications for bonds, crypto, and investing strategies. Learn five crucial lessons to navigate this dynamic market.

U.S. Jobs Market Likely Kicked Off 2025 With Solid Growth, Data Revisions Due

The US labor market likely added another 170,000 jobs in January after larger advances in the two prior months, which saw the labor market recovering from the impacts of hurricanes and a major strike.

Robinhood’s Media Arm, Sherwood, Lays Off Staff

Media arm of Robinhood, Sherwood, has laid off staff. The company joins several other publishers, including NBC News and CNN, who have cut staff this year.