Stock Market Finds Relief From Rout Ahead Of Inflation Reports; Broadcom Breaks Losing Streak - Investor's Business Daily

529-To-Roth IRA Rollover Rules In 2026: Five Questions That Help Determine Whether You Qualify Authored by Adam H. Douglas via The Epoch Times, After funding a 529 college savings account for years, you realize there is money left over. Maybe your grandchild graduated early, earned a scholarship that covered more than expected, or decided college was not for them [ZH: or maybe your grandkid is an ungrateful little shit] . A federal rule now lets you move that leftover balance into a Roth IRA, tax-free. It may sound too good to be true, and for some account holders, it is. Leftover 529 funds can now be rolled into a Roth IRA, but strict rules may limit who qualifies. Panchenko Vladimir/Shutterstock The provision is real, but the eligibility window is narrow, and several states have created a tax trap that most account

"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg. Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening interviews rather than conversations with human recruiters. While he hopes to secure a role in finance, he is also weighing options such as further study as entry-level opportunities become more competitive. Industry leaders have been increasingly candid about AI’s impact on employment. JPMorgan CEO Jamie Dimon stated that the technology “will eliminate jobs,” while other bank executives have acknowledged that some roles may no longer be needed as automation expands. Standard Chartered CEO Bill Winters described the shift as “replacing in some cases lower-value human capital” with technology investments, comments for which he later apologized.

US May CPI forecasts from 15 investment bank analysts. Hot, hot, hot ... FOMC sweating.  investingLive

Wages are up, but still being outpaced by inflation  marketplace.org

What is Kevin Warsh’s plan for the shadow banking system?  AFR

Researchers Identify World's Largest Scorpion That Roamed Earth 415 Million Years Ago Authored by Maria Mocerino via Interesting Engineering, The University of Manchester has discovered that the world's largest scorpion, which lived 415 million years ago, was hiding in the museum's collection for 150 years. Since the 1870s, researchers have debated the identity of the strange fossil remains lurking in the Manchester archives. They possessed tiny fragments recovered from sites in England and Wales that puzzled them, but they could not piece them together. Was it a large woodlouse-crustacean? Life reconstruction of Praearcturus gigas.Franz Anthony High Res In the 1980s, some research suggested that a scorpion might be the source of the fossil remains. However,