The classic 60-40 market portfolio — with 60% in stocks and 40% in bonds — has come under serious scrutiny in recent years, with major changes in the bond market leading to fundamental questions about the traditional approach to long-term retirement income planning. But for investors with the goal of financial security as they age, … Read more
NEW YORK — U.S. Health Secretary Robert F. Kennedy’s motto is “ Make America Healthy Again,” but government cuts could make it harder to know if that’s happening. More than a dozen data-gathering programs that track deaths and disease appear to have been eliminated in the tornado of layoffs and proposed budget cuts rolled out … Read more
WASHINGTON — The Trump administration’s effort to impose new requirements on Novavax’s COVID-19 vaccine — the nation’s only traditional protein-based option for the coronavirus — is sowing uncertainty about updates to other vaccines, too. Novavax said Monday that the Food and Drug Administration was asking the company to run a new clinical trial of its … Read more
WASHINGTON — First the nation’s top law firms. Then its premier universities. Now, President Donald Trump is leaning on the advocacy groups that underpin U.S. civil society. Trump said Thursday that the administration is looking at the tax-exempt status not just of Harvard, but environmental groups and specifically the ethics watchdog organization Citizens for Responsibility … Read more