Uh oh.

China has won AI battle with U.S., Pentagon’s ex-software chief says

(Recasts headline, adds U.S. comment) LONDON, Oct 11 (Reuters) – China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software chief told the Financial Times.

Have You Asked Yourself These Questions About Your Insurance Policies?

What-Issues-Should-I-Consider-When-Reviewing-My-Health-And-Life-Insurance-Policies-2021

What is the metaverse and why you probably should care

What is the metaverse, and do I have to care?

In recent months you may have heard about something called the metaverse. Maybe you’ve read that the metaverse is going to replace the internet. Maybe we’re all supposed to live there. Maybe Facebook (or Epic, or Roblox, or dozens of smaller companies) is trying to take it over.

What Issues Should You Consider Before You Retire? A Detailed Checklist

What-Issues-Should-I-Consider-Before-I-Retire-2021

Inflation

Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago

Prices that producers get for final demand goods and services surged in August at their highest annual rate since at least 2010, the Labor Department reported Friday. The producer price index accelerated 0.7% for the month, above the 0.6% Dow Jones estimate.

Interesting Strategy

Are Gifts to Children Tax-Deductible? Introducing CLATs

I am often asked if someone can take an income tax deduction for money they gift to their children. Unfor­tu­nately, gifts to individuals are not tax deductible: tax deduc­tions can only be taken for gifts to organi­za­tions on the IRS list of approved charities.

Surprise, Surprise…

Social Security won’t be able to pay full benefits by 2034

Social Security will have to cut benefits by 2034 if Congress does nothing to address the program’s long-term funding shortfall, according to an annual report released Tuesday by the Social Security and Medicare trustees.

A Recent Opinion…

The Baby Boomer Bond Dilemma

U.S. Treasuries have been the bonds of choice for safe retirement income. But they could deliver no real return for the next decade. Today’s record low bond yields could not come at a worse time for many baby boomers. Owning U.S.