• 

  South China Morning Post

  Chinese start-up counts on Apple's Vision Pro headset to boost adoption of extended reality

  Apple's Vision Pro headset is set to unleash the potential of similar products and benefit smaller players in the industry, according to the founder and chairman of a Chinese extended-reality (XR) start-up, which has been working on related technology for over a decade. "Sixteen years ago, when I was still a programmer and decided to start my own business, most people didn't know that the virtual-reality (VR) industry existed," said Denny Zhou Qinghui of Shanghai Graphic Design Information Co (G

• 

  AP Finance

  UAW justifies wage demands by pointing to CEO pay raises. So how high were they?

  It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay raises autoworkers have received since their last contract in 2019. The UAW has since lowered its demand to a 36% wage increase but the two sides remain far apart in contract talks, triggering a strike.

• 

  Bloomberg

  Trillion-Dollar Industry Powering Chicago Is at Risk of Leaving

  (Bloomberg) -- The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysMGM Resorts Hackers Broke In After Tricking IT Service DeskThese are some of the derivatives firms that collectively handle trillions of dollars a

• 

  AP Finance

  Liz Weston: Why retirees may want to buy an immediate annuity now

  An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. Now may be a good time for retirees to buy an immediate annuity, since payouts are the highest they’ve been in a decade, says Rob Williams, managing director of wealth management at Charles Schwab.

• 

  TipRanks

  Wall Street’s Best Analyst Bets on These 3 Energy Stocks – Here’s Why You Might Want to Ride His Coattails

  Wall Street’s analysts make their reputations by the quality of their stock notes, and some of them stand tall above their peers. The best analysts bring a sharp eye to the table, and a combination of solid knowledge and deep experience that lends credence to their stock calls. So, when those top analysts start selecting particular stocks as sound choices for investors, we should all take notice. And now, the Street’s top analyst, Truist’s Neal Dingmann, has been doing just that. Dingmann holds

• 

  SmartAsset

  Does Fidelity's 45% Rule Still Hold Up?

  Financial services giant Fidelity has a rule for retirement savings you may have heard of: Have 10 times your annual salary saved for retirement by age 67. This oft-cited guideline can help you identify a retirement savings goal, but it … Continue reading → The post Should the 45% Rule Guide Your Retirement Strategy? appeared first on SmartAsset Blog.