He invented the 4% rule of retirement income — why he calls inflation retirees' 'greatest enemy'
As a financial planner in the early 90s, William Bengen sought to identify a safe retirement withdrawal rate for his clients. The 4% rule was born.
As a financial planner in the early 90s, William Bengen sought to identify a safe retirement withdrawal rate for his clients. The 4% rule was born.
Klarna | Sep 3, 2025 Klarna Targets a $14 Billion Valuation in a Year of Renewed Fintech IPOs On Sep 2, 2025, global digital bank and Klarna announced the launch of its initial public offering (IPO) targeting a $14 billion valuation, with shares expected to begin trading on the New York Stock Exchange under the
Financing | Sep 3, 2025 Canadian Startup Astrus Raises $8M to Automate Analog Chip Design and Strengthen Global AI Infrastructure On Aug 26 2025, Toronto-Waterloo based startup Astrus has raised $8 million USD led by Khosla Ventures with participation from Pradeep Sindhu (founder of Juniper Networks), 1517 Fund, Drive Capital, Alumni Ventures, and others. The
More people are pausing their student loan payments, amid the fallout of the Biden-era SAVE plan and other troubling economic conditions.
Sep 3, 2025 Ontario has frequently served as a pioneer and testing ground for many new policies and frameworks in Canada. So, when the province opened its regulated iGaming market in 2022, it became both a local milestone and a national signpost for how online gambling could be regulated in the country. Before that, online
The Treasury has released a preliminary list of 68 jobs eligible for the "no tax on tips" deduction enacted via President Donald Trump's "big beautiful bill."
Crypto Regulation | Sep 3, 2025 SEC and CFTC Clear Path for Spot Crypto Trading on Regulated Exchanges On September 2, 2025, Staff from the SEC’s Division of Trading and Markets and the CFTC’s Divisions of Market Oversight and Clearing and Risk issued a joint statement announcing that under existing law registered U.S. exchanges are
More investors could pay 0% capital gains taxes in 2025 under President Donald Trump’s ‘big beautiful bill.’ How to leverage the opportunity.
The Paul Singer-founded Elliott's bet in Pepsi is worth $4 billion, becoming the consumer giant's top five active investors excluding index funds.
The Paul Singer-founded Elliott's bet in Pepsi is worth $4 billion, becoming the consumer giant's top five active investors excluding index funds.
VersaBank Release | Sep 2, 2025 VersaBank USA Pilots Tokenized U.S. Deposits With FDIC Backing On August 26, 2025, VersaBank that its U.S. subsidiary VersaBank USA has begun piloting a tokenized U.S. dollar deposit product called USDVB. The test program is designed to confirm that USDVB works smoothly, meets security standards, and complies with U.S. banking
The Paul Singer-founded Elliott's bet in Pepsi is worth $4 billion, becoming the consumer giant's top five active investors excluding index funds.
So far in 2025, we have been seeing an increase in mergers and acquisitions (M&A) as an exit strategy for startups. After a period of an icy initial public offering (IPO) market the past few years have seen growing dealmaking … Continue reading
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Blockchain | Sep 2, 2025 U.S. Commerce Department Publishes Economic Data Across Nine Blockchains On August 28, 2025, the U.S. Bureau of Economic Analysis (BEA) released its second quarter GDP report, and according to multiple reports including MarketsMedia , the Department of Commerce also provided a cryptographic hash of this report on nine blockchains. These
Economy | Sep 2, 2025 PBO Warns of Rising Federal Labour Costs as Union Pressures Deepen Canada's Productivity Gap On August 28, 2025, the Office of the Parliamentary Budget Officer published a report titled, 'Projecting Federal Personnel Expenses', projecting that personnel expenses will climb past $76B by 2029/30. While the report does not address productivity