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Finance
Liz Weston: Government pension offset changes to Social Security are coming, but will
Dear Liz: I was previously denied a portion of my husband’s Social Security because I received a government pension, and the offset rule made me ineligible. Now that the law is being changed, I’m wondering if I would be eligible to…
Rome vs Milan: how Mediobanca turned prey for Monte dei Paschi
When Italian financial power broker Mediobanca helped its longtime client Monte dei Paschi di Siena structure a make-or-break capital raising in 2022, little did it know it would ultimately become a takeover target for the former poster…
If you’re nearing retirement, these 2025 changes could affect your finances. Here’s what
As President Donald Trump kicks off a second term, many older investors are focused on how shifting policy could affect their wallets.But some key changes for near-retirees were already enacted for 2025. These updates could have a big…
You May Not Need to Max Out Your 401(k) in 2025. Here’s How Much You Actually Need to
Maxing out your 401(k) has never been so challenging. In 2025, those under 50 would have to set aside $23,500 to pull it off. Those 50 to 59 and 64 and up are allowed to contribute up to…
Did Trump’s Crypto Order Deliver On His Promise Of A Bitcoin Strategic Reserve?
Key Takeaways
U.S. President Donald Trump on Thursday signed an executive order to establish U.S. dominance in digital assets and financial technology.While partly delivering on a campaign promise to create a bitcoin stockpile, the…
Mastercard, Visa accused of ignoring child sex abuse payments on OnlyFans
WASHINGTON: Mastercard and Visa failed to stop their payment networks from laundering proceeds from child sexual abuse material and sex trafficking on the popular website OnlyFans, according to allegations in a previously undisclosed…
Monte dei Paschi shares fall 8% after lender launches surprise 13-billion-euro bid for
Photographer | Collection | Getty ImagesItaly's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca.Shares of Monte dei Paschi (MPS)…
Bank of Japan hikes policy rates by 25 basis points to highest since 2008
Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October…
Trump’s Davos Challenge: Make It In America Or Pay Tariffs
"America First" echoed through the World Economic Forum as President Trump delivered a stark message to global business leaders: manufacture in America for low taxes, or face tariffs. This renewed protectionist stance highlights a…
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Stay informed with free updatesSimply sign up to the Japanese business & finance myFT Digest -- delivered directly to your inbox.Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as…