Reverse mortgages are regularly marketed to seniors as a solution for those who want to use equity in their homes as a source of retirement income. An alternative to home equity loans or home equity lines of credit (HELOCs), reverse mortgages work very differently than a typical home loan. When you take out a reverse…
A newly developed system that combines high-speed video with an artificial intelligence (AI)-powered algorithm may provide a quick, non-contact method for screening high blood pressure and Type 1 or Type 2 diabetes, eliminating the need for blood tests, blood pressure cuffs, or costly wearable devices. Although the system is still in the early stages of…
Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy, contingency/event cancellation, and mergers & acquisitions (M&A), effective Nov. 1. This development marks a significant step in Aviva’s strategic integration plan following its acquisition of the…
As technological disruption and economic uncertainty continue to reshape the financial landscape, alongside dramatic shifts in consumer behavior and regulatory requirements, 2025 promises to be both challenging and opportunistic for banking and financial services. Midway through the decade, established institutions face unprecedented pressure from challenger banks and fintech disruptors while racing to implement AI solutions…
Artificial-intelligence tools such as ChatGPT might soon become fully autonomous by learning to perceive and interact with their environment. Some of the surprise winners of this year's Nobel prizes were the developers of AlphaFold, an artificial intelligence (AI) model that can accurately predict the 3D structure of more than 200 million proteins. AlphaFold is powered…
America's seniors will pay more for their health care in the new year, as the Centers for Medicare and Medicaid Services (CMS) has announced that premiums for its Part B plan will increase by about 6% in 2025. Part B covers visits to doctors, outpatient care, preventative services such as vaccines, medical equipment like wheelchairs…
President-elect Donald Trump has wasted little time in naming top White House and Cabinet officials to serve in his administration as he prepares to be sworn in for a second term in January. It remains to be seen, however, who Trump will pick to head up his Justice Department, perhaps one of the most important…
The Manhattan judge overseeing President-elect Donald Trump's trial agreed to grant a stay on all deadlines associated with the felony conviction proceedings against President-elect Donald Trump in the final months before he takes office, a closely-watched decision that allows Trump to avoid a maximum sentence of up to four years in prison. The judge overseeing…
A Democratic voter in Pennsylvania insisted "nobody’s wages went up" after CBS journalist Scott Pelley questioned her vote for President-elect Donald Trump. After Trump’s decisive win and massive GOP gains after the election, "60 Minutes" traveled to the swing state to reach out to ordinary Americans about how Democrats "misread the people." One voter, diner…

