Stocks Could Keep Rising If the Fed Shows Restraint

Text size As the market rebounds, speculative stocks are stirring. For proof, consider Cathie Wood’s ARK Innovation ETF, up about 40% since mid-June. David Swanson/Reuters/Alamy What bear market? Stocks continued their summer rally this past week as better-than-expected inflation results helped lead to a 3.3% gain in the S&P 500 index, its fourth consecutive weekly … Read more

Senate Advances Bill to Raise Age for RMDs to 75

Text size Savers can wait longer to begin emptying retirement accounts under pending legislation. Eric Lee/Bloomberg The Senate Finance Committee advanced a bill on Wednesday that would raise the age for required minimum distributions from retirement accounts to 75, alongside other provisions designed to strengthen Americans’ retirement security. The Enhancing American Retirement Now (EARN) Act … Read more