4% Rule

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World

Rome Church Erases Angel Painted with PM Meloni's Face After Uproar

A Rome parish priest has ordered the removal of a restored angel fresco bearing the likeness of Prime Minister Giorgia Meloni, following criticism from church officials and political opponents. The controversial image, which drew crowds away from prayer, has been painted over, reigniting debates over art, politics, and sacred spaces.

Business

Clear Secure Stock Slump: A Buying Opportunity or a Value Trap?

Shares of biometric security firm Clear Secure have retreated nearly 8% this month, sparking debate among investors. While the stock remains up significantly over the past year, a deep dive into valuation metrics suggests the recent weakness may have created an attractive entry point for long-term investors.

Business

Taiwan Overtakes China in MSCI Emerging Markets Index, Fueled by AI Sector Strength

For the first time in roughly two decades, Taiwan has surpassed mainland China as the largest country weighting in the MSCI Emerging Markets Index. The shift, driven by the outperformance of Taiwan's AI-focused tech giants, underscores the immense influence of benchmark providers on global capital allocation and spotlights a significant realignment within emerging markets.

Business

Waymo's $126 Billion Valuation Shifts Spotlight to Alphabet's Growth Ambitions Beyond Search

Alphabet's self-driving unit Waymo has secured a $16 billion funding round, valuing it at $126 billion. The investment, backed by Sequoia Capital and Dragoneer, fuels an aggressive expansion into over 20 cities and new international markets, while regulators worldwide scrutinize safety frameworks. The move highlights Alphabet's strategic priorities beyond its core advertising business.