JPMorgan breaks down 2 paths for the US economy in 2025 By Investing.com

Investing.com — J.P. Morgan’s 2025 U.S. economic outlook outlines two potential paths for the nation’s economy, hinging on the policy environment set by the recently elected administration.  Analysts emphasize that these paths reflect a tension between stimulus-oriented policy changes and the uncertainty surrounding trade and regulation.  The note flags key economic indicators and forecasts for … Read more

Benjamin Netanyahu’s allies call for purge as Israeli PM’s power grows

In a historic first, Israel’s Prime Minister Benjamin Netanyahu is a wanted man overseas. But at home, he is stronger than at any point since Hamas’s devastating October 7 2023 attack threw his political future into doubt. Buoyed by Donald Trump’s US election triumph, battlefield gains across the Middle East and the successful ousting of … Read more

We’re a High-Income Household. Can We Shield Ourselves from Future Taxes Using a Backdoor Roth?

A couple reviews their finances and decides to use a backdoor Roth IRA. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. A backdoor Roth conversion can save you significantly in future taxes, but at the cost of paying those taxes now. This isn’t always a good deal … Read more

Uruguay votes for next president in closely fought runoff race By Reuters

By Lucinda Elliott MONTEVIDEO (Reuters) – Voters in South America’s laid-back Uruguay, known for its beaches, legalized marijuana and stability, will head to the polls on Sunday in a second-round presidential race between moderates that closes out a bumper year of elections. The vote in the small nation of 3.4 million people sees opposition center-left … Read more

Divorcing at 55 With $800K in My 401(k)

A divorcing couple. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Like all family and property law, divorce is a highly state-specific process. How you will handle a divorce and protect your assets, and what constitutes individual vs. shared assets, will depend entirely on your jurisdiction. As … Read more

Analysis-Legal threats close in on Israel’s Netanyahu, could impact ongoing wars    By Reuters

By Crispian Balmer and Emily Rose JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu faces legal perils at home and abroad that point to a turbulent future for the Israeli leader and could influence the wars in Gaza and Lebanon, analysts and officials say. The International Criminal Court (ICC) stunned Israel on Thursday by issuing arrest … Read more

China’s cash-strapped shoppers drawn to second-hand luxury items

At a cavernous underground store near Shanghai’s Hongqiao airport, shoppers peruse aisles stacked with goods from some of the biggest names in the world of luxury — Louis Vuitton, Dior and Gucci. But in contrast to the gleaming malls downtown, the items here are not brand new. “Here are gift-ready items . . . with most of their original … Read more