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US major equity indices diverged: Dow Jones Industrial Average up over 1%, Nasdaq Composite down 0.28%.
2026-10-15
US major equity indices diverged: Dow Jones Industrial Average up over 1%, Nasdaq Composite down 0.28%.
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2026-10-15
Rocket Lab shares fell 9.1%, hitting their lowest intraday level since December.
Rocket Lab shares fell 9.1%, hitting their lowest intraday level since December.
2026-10-15
Prudential Financial and TIAA surveys show US retirees are pulling back on discretionary spending: Prudential finds more than 60% of retirees with $500k+ in investable assets say they avoid spending on enjoyment, and a TIAA survey of 1,000 people fou
Prudential Financial and TIAA surveys show US retirees are pulling back on discretionary spending: Prudential finds more than 60% of retirees with $500k+ in investable assets say they avoid spending on enjoyment, and a TIAA survey of 1,000 people found over half cite outliving savings as their top retirement worry. Respondents point to rising costs—particularly healthcare, which takes an increasing share of retiree budgets—and greater longevity. Social Security benefits may face a roughly 22% reduction within six years, adding uncertainty to retirement cashflow planning. Wealth advisers say some financial strategies and products can help ease retirees’ spending anxiety.
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