Finance news

What happens to a 401k over the SIPC limit if the institution goes under or fraud occurs?

There is undoubtedly a lot of discussion about whether or not we’re in a bubble. Hypothetically, If we were in a bubble, and the bubble popped, and your institution holding your 401k became insolvent (or fraud occurred), do all 401k accounts remain whole? I’ve briefly read about SIPC limits and additional insurance, but what isn’t clear to me is what exactly happens in this case. Generally, how safe is a person’s money if their 401k is over $500k and the brokerage goes under or if fraud occurs?

YouTube says Sydney massacre ‘crisis actor’ video can stay online

A Google executive has told an Australian inquiry that a YouTube video falsely claiming a wounded survivor of an antisemitic massacre in Sydney was a crisis actor bloodied with make-up had met the platform’s standards and would remain online. Google Australia manager Rachel Lord was testifying on Tuesday at a government inquiry into the spread of antisemitism in Australia, including an attack by two gunmen on a Sydney Hanukkah celebration in December that left 15 people dead. Lord was questioned

Mainland China court claims jurisdiction over Hong Kong-listed company in investor lawsuit

A mainland Chinese court has claimed jurisdiction over an investor lawsuit against a Hong Kong-listed firm for the first time, with the move likely to increase scrutiny of corporate disclosures. Mainland investors filed the lawsuit with the Beijing Financial Court, alleging that an overseas-incorporated company had failed to disclose irregular loans, unauthorised guarantees and related-party transactions in 2017 and 2018, in violation of Hong Kong’s listing rules, according to a recent report by

Enemy within? The dispute endangering Taiwan’s ‘T-Dome’ air defence plan

Taiwan’s flagship “T-Dome” air defence programme is facing possible delays to 2028 after budget disputes left one of its critical indigenous missile systems without a clear funding source. The island’s opposition-controlled legislature approved a reduced NT$780 billion (over US$24 billion) special defence budget in May, rejecting a larger NT$1.25 trillion package proposed by the government. Among the excluded projects was funding for the indigenous Chiang-Kong (Strong Bow) anti-ballistic missile

Income tax: The tax reform has millions of losers - and only one profiteer

Instead of this reform, all taxpayers would be better off if the government just compensated for the cold progression as usual. This is shown by scientific calculations.

Matadors in the mud: Audi and Lancia: rally legends that still inspire

It is famous and infamous – and has been history for 40 years. But the PS heroes from Group B are still stirring up a lot of dust today. Unless they're sitting in a museum in a highly polished state.

Asian markets: Escalation in the Middle East drives up oil prices and weighs on stocks

New attacks in the Middle East are unsettling investors. While the indices in Japan and South Korea start with losses, the mood in China appears to be more robust.

Study: AI applications are booming – medium-sized businesses are following suit

From the office to the factory floor: AI is transforming German medium-sized businesses. Why even small businesses are suddenly getting involved in smart technology - and where the biggest hurdles lie.

Rainy holidays, AC exports: Thailand eyes red-hot business from Europe heatwave

As soaring temperatures fuel demand for cooling in Europe, Thailand is pitching itself as a source of relief, promoting rainy-season holidays while exporting more air conditioners. With tourism and outbound shipments two of the Southeast Asian economy’s biggest drivers, Europe’s heatwaves are creating opportunities on both fronts. The Tourism Authority of Thailand has launched a campaign encouraging European travellers to swap scorching summer temperatures for the nation’s milder rainy season,..

VinFast rolls out $7,100 EV to tap Vietnam's underpenetrated car market

Toyota-backed Chinese self-driving unicorn Momenta hits Hong Kong market

Uzbek plan to open up aviation unfolds with new airport, airline IPO

Taiwan's top shipbuilder bets on defense drive amid China's power play

Breakdown at Telstra: Large-scale network failure temporarily paralyzes Australia

Hours of flight delays, canceled trains and disrupted emergency calls: a technical error in the Telstra mobile network is significantly affecting public life in Australia.

Artificial Intelligence: Relationship Advisor AI - when ChatGPT gives tips in love

Jealousy, betrayal and passion: People also ask AI chatbots for help in their relationships. Where does it make sense - and where is it tricky? And why is AI flattery so critical?

100 days after opening: BASF in transition: China “spectacular” - main plant has to save money

The billion-dollar investment in Zhanjiang is becoming a source of hope for the company. Ludwigshafen, on the other hand, has a “longer way” to get into the black.

How cheap AI is undermining Indonesia’s academic credibility

Indonesian authorities are widening their investigation into a case of suspected identity and research fraud at an overseas medical conference, which has exposed gaps in academic oversight and revived concerns about abuses in the nation’s system of publication-driven promotion for academia. The Ministry of Higher Education, Science and Technology has set up a team to examine papers previously published by the alleged perpetrators, saying action would be taken if they were found to have used...

France: Despite prison sentence: Le Pen runs for president

With her arms outstretched as a “savior”: Le Pen starts her campaign – despite her prison sentence. Can the right-wing nationalist group score points with this risky step or will it lose support?

Alliance in crisis: Will Trump show Europe the red card at the NATO summit?

Trump calls for more commitment from Europe's NATO partners. New figures show: Germany is investing more than ever. Is that enough to keep the US on board?

Fight for the eco-system: Albania's “flamingo revolution” is proving persistent

Thousands are protesting in Tirana against luxury resorts in the nature reserve - and are putting pressure on Prime Minister Edi Rama with pink flamingos. Is a change brewing in the small Balkan country?

E-cars: BMW takes back second place among electric cars

VW once again sold the most electric cars in Germany in the second quarter. However, there are significant shifts in the ranking - not all Chinese brands are increasing.

Rolls and pastries: Baking stations are booming - many bakeries are struggling

Bread rolls from the bakery or from the baking station at Rewe or Lidl? The competition is putting pressure on traditional bakeries. Many customers still prefer to shop there.

Looking to move money from CD

I (30F) have a taxable brokerage account and a Roth IRA. My husband and I also share an emergency fund. My CD with about 30k in it is maturing and looks like the CD rates are all at ~ 3.5% or less. I invest in VTI, VXUS, SMH and few stocks in my other accounts. should I continue the CD or invest in taxable brokerage? I haven’t been investing too much in the last 6 months with how volatile the markets have been. submitted by /u/UnfairDiscount8331 [link] [comments]

Texas Stock Exchange live in Dallas. Y'all Street takes on Wall Street

https://finance.yahoo.com/markets/stocks/articles/texas-stock-exchange-live-dallas-163127390.html Five tickers to be traded. I guess it’s a start. Anyone know any histories of other exchanges that opened recently (not necessarily US) and how they started and if they only opened with 5 tickers? Is this normal? submitted by /u/warrends [link] [comments]

More money, more obligations: pension increase: who now has to submit a tax return

The pension increase on July 1st brings more money - but also new obligations. Which retirees should pay particular attention now to whether they have to submit a tax return at the end of the year.

USA: Attacks and sanctions put Iran agreement to the test

The USA has attacked Iran again - and has chosen an explosive time to do so. President Trump apparently approved the process at the NATO summit.

New registrations: BMW takes back second place among electric cars

VW again sold the most electric cars in Germany in the second quarter, but behind it the ranking is mixed up. Not all Chinese brands are catching up.

Mail order: Europe's new tariff on parcels: How the Berlin start-up eClear is helping China out of its misery

Since July, customs duties have been due on even the smallest shipments to the EU. A German company in which two former federal ministers have a stake wants to make money from it.

By ship to Scoresbysund: Greenland: On a cruise to the largest fjord in the world

Glaciers, polar bears, the autumnal tundra: only 2,000 people per year are allowed to visit the world's largest fjord system. Most come in midsummer - by expedition ship.

Exclusive: Data protection advocate wants to overturn EU data agreement with the USA

Data protection activist Max Schrems wants to legally overturn the transfer agreement between the EU and the USA. A ruling by the US Supreme Court gives him a good chance of doing so.