Author: Anthony M. Orbison

One of the leading financial regrets among retirees is wishing they had prioritized saving during their working years. However, several years of persistent inflation and skyrocketing consumer prices have made making ends meet difficult for many American households.Unfortunately, saving for retirement has become harder to balance with competing financial obligations. However, most experts note that consistently contributing to your 401(k), IRA, or 403(b) accounts from a young age is the most ironclad retirement strategy.Related: Social Security benefits report confirms major changes are comingWe spoke with Ric Edelman, Founder of Edelman Financial Engines and The Truth About Your Future, to examine…

HANOI (Reuters) – South Korean electronic manufacturer Samsung (KS:) Display Co plans to invest $1.8 billion for a factory this year in northern Vietnam to produce OLED displays for automobiles and technology equipment, the Southeast Asian country said on Sunday. The new facility for the manufacture of organic light-emitting diode (OLED) displays will be located in Yen Phong industrial park in Bac Ninh province east of Hanoi and close to an existing Samsung electronics plant, the government said in a statement released after the meeting between Prime Minister Pham Minh Chinh and the General Director of Samsung Vietnam Choi Joo…

(Bloomberg) — Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.Most Read from BloombergThe alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel, said one of the people, who asked not to be identified discussing confidential information. Intel executives have been weighing Apollo’s proposal, the people said.Nothing has been finalized, the size of the potential investment could…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mexico’s ruling party chose the son of President Andrés Manuel López Obrador for a senior role on Sunday, in a sign the leftist leader will continue to influence public life after he steps down.López Obrador is in his final weeks of a six-year term that has polarised Mexican politics and concentrated legislative power in his party. His handpicked successor, former Mexico City Mayor Claudia Sheinbaum, will replace him as president in October.In a conference centre in the capital on Sunday, Sheinbaum and…

Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy. The alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel, said one of the people, who asked not to be identified discussing confidential information. Intel executives have been weighing Apollo’s proposal, the people said.  Nothing has been finalized, the size of the potential investment could change and discussions…

(Bloomberg) — Asian stocks rose along with US equity futures on expectations that China may deliver more stimulus to revive the world’s second-largest economy.Most Read from BloombergThe MSCI Asia Pacific Index climbed as shares in China, Hong Kong and South Korea advanced. The People’s Bank of China and other regulators will hold a briefing on Tuesday, after data on Friday reinforced the slowing momentum in the economy. The yen dropped after Bank of Japan Governor Kazuo Ueda indicated Friday that authorities aren’t in a hurry to raise interest rates again.China’s central bank cut a short-term policy rate on Monday as…

Stay informed with free updatesSimply sign up to the UK property myFT Digest — delivered directly to your inbox.The UK’s state-backed pension scheme has agreed a tie-up with insurer Legal & General and Dutch pension fund manager PGGM to invest up to £1bn in build-to-rent properties, in a deal hailed by the UK government as an example of how the country’s retirement savings can be directed towards its homebuilding effort.The groups are today announcing a partnership with an initial £350mn commitment of combined investment, expected to grow to £1bn in the coming years, to build and manage rental properties on…

Congressional leaders announced an agreement Sunday on a short-term spending bill that will fund federal agencies for about three months, averting a possible partial government shutdown when the new budget year begins Oct. 1 and pushing final decisions until after the November election. Temporary spending bills generally fund agencies at current levels, but an additional $231 million was included to bolster the Secret Service, and additional money was added to replenish a disaster relief fund and aid with the presidential transition, among other things. Lawmakers have struggled to get to this point as the current budget year winds to a close at…

(Bloomberg) — China announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its short-term policy rates, fueling speculation authorities are preparing to ramp up efforts to revive growth.Most Read from BloombergAuthorities announced Monday that central bank governor Pan Gongsheng will hold a press conference tomorrow on financial support for economic development, alongside two other officials. Minutes later, the People’s Bank of China lowered the 14-day reverse repurchase rate, as part of reductions initiated in July.Taken together the moves bolster expectations for the PBOC to lower rates, after the US…

Monday: Malaysia and Singapore announce August inflation data while New Zealand publishes its latest trade figures. Financial markets in Japan will be closed for the Autumn equinox. Tuesday: Former Singaporean transport minister S Iswaran’s corruption trial is scheduled to begin. The Reserve Bank of Australia announces its interest rate decision. Wednesday: The EU is set to vote on proposed tariffs for Chinese electric vehicles. Australia publishes August inflation data. Nine Dragons Paper, Asia’s largest paperboard producer, announces quarterly earnings. Thursday: The Tokyo Game Show, one of the world’s largest gaming exhibitions, begins. Hong Kong property developer New World Development announces earnings. Friday: Japan’s ruling Liberal Democratic Party…