Author: franperez66q@protonmail.com

Not every sales pitch for a reverse mortgage should be worth your time.People aged 62 or older are the target demographic for reverse mortgages — a tool that can tap their home’s equity for cash. But they should be wary of scams amid the legitimate reverse mortgage products available.In general, older people are more vulnerable to financial fraud because they live alone, according to the National Adult Protective Services Association (NAPSA) and the Women’s Institute for a Secure Retirement.Indeed, people aged 60 and older had more scam complaints than any other age group in 2025, according to the latest data…

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Ranking member Sen. Elizabeth Warren, D-Mass., speaks during the Senate Committee on Banking, Housing and Urban Affairs confirmation hearing for Kevin Warsh, President Donald Trump’s nominee for chair of the Federal Reserve, in the Dirksen Senate Office Building in Washington, on April 21, 2026.Andrew Harnik | Getty ImagesSen. Elizabeth Warren, D-Mass., is calling on the Trump administration to clarify its stance on raising the retirement age.In a new letter sent to President Donald Trump on Sunday night, Warren cited details from the Social Security Administration’s latest trustees report. In late 2032 — just a bit more than six years from…

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SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history.Shares of SpaceX were around 6% higher at the start of premarket trading.SpaceX jumped 19% on Friday with the stock closing at $161 after being priced at $135 per share. That put the company’s market capitalization above $2 trillion. Elon Musk’s space company operates the Starlink satellite internet service and a fleet of reusable rockets. In February, Musk merged the company with his artificial intelligence startup xAI. SpaceX lost nearly $5 billion in 2025 and…

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Britain will ban social media from offering services to under-16s, Prime Minister Keir Starmer announced on Monday. The ban could include platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X.”We’re going further than any country in the world by banning social media for under-16s and putting wider protections in place to give kids their childhood back,” said Starmer in a statement. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

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A woman walks past a billboard displaying Iran’s national flag at Enghelab Square in Tehran on June 14, 2026. – | Afp | Getty ImagesHello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter.U.S. President Donald Trump had a number of reasons to celebrate this weekend — his 80th birthday on Sunday marked by a UFC fight on the White House lawn, and a peace agreement with Iran that has triggered a global relief rally for stocks. But with the agreement only set to be formalized on Friday, is it too…

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