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Yahoo
a minute ago
- Business
- Yahoo
US Pensions Will Ride Stock Rally to Reach 12% Gains, S&P Says
(Bloomberg) — US public retirement funds will outperform typical investment expectations as they profit from strong stock returns, S&P Global Ratings said in a recent report. Analysts expect pensions to generate returns of 11% to 12% for the fiscal year that ended in June, driven by steep jumps in stock prices. These gains would be in spite of a dip that occurred in April, when the S&P 500 shed more than $5.4 trillion in two trading sessions after investors reacted to President Donald Trump's tariff plans. This year's outperformance adds to the estimated pension returns of 16% to 17% in fiscal 2024. There is usually a one-year delay between the measurement of pensions to reporting, S&P said. Managers typically plan for returns of at least 7% to maintain funded ratios, according to the report. The ratings firms also increased its discount rate guideline to 6.5% from 6% on expectations that the market rally will continue, powered by productivity-enhancing technologies such as artificial intelligence, as well as private equity returns. 'Should US public pension plans continue to exceed expectations, with technological growth persisting as new technologies mature, and the Fed's rates stabilize, we could see market gains and improved funding for these plans,' analysts led by Todd Kanaster wrote. ©2025 Bloomberg L.P.
Yahoo
a minute ago
- Sport
- Yahoo
Ashton United FC issues scathing statement after 'pro Tommy Robinson' chants at match
Ashton United FC has issued a scathing statement after a number of fans began singing 'pro Tommy Robinson songs' during a match on Saturday (August 16). The club beat Stocksbridge Park Steels one-nil at Hurst Cross during the afternoon when a 'small number' of supporters began engaging in the chants mid-game. In a statement online, the club said it 'utterly condemns' the behaviour which has 'no place in football or society' and threatened to ban any supporters who are identified as having been involved. Never miss a story with the MEN's daily Catch Up newsletter - get it in your inbox by signing up here The community club added that it 'strives to bring people together' and 'foster an environment where everyone is welcome' following the incident. Far-right activist Tommy Robinson, whose real name is Stephen Yaxley-Lennon, was recently released on police bail after being arrested over an alleged assault at St Pancras railway station in London. Ashton United FC said in a statement: "It's been brought to our attention that during Saturday's match a small group of AUFC supporters were singing pro Tommy Robinson songs during the match. Join the Manchester Evening News WhatsApp group HERE "We utterly condemn this behaviour in the strongest terms. It has no place in football or society. Not only is it completely at odds with our values as a club but it also undermines the efforts of everyone at AUFC, including our players, staff and volunteers, who work tirelessly to create a warm and inclusive family club. "If you are identified as having done this you will be banned. Anyone using racist, homophobic or discriminatory language of any kind will be removed from the stadium and banned. "AUFC is a community club that strives to bring people together and foster an environment where EVERYONE is welcome. We have a zero tolerance policy to any discriminatory or anti social behaviour." --- Day in day out, our reporters in the Manchester Evening News newsroom bring you remarkable stories from all aspects of Mancunian life. However, with the pace of life these days, the frenetic news agenda and social media algorithms, you might not be getting a chance to read it. That's why every week our Features and Perspectives editor Rob Williams brings you Unmissable, highlighting the best of what we do - bringing it to you directly from us. Make sure you don't miss out, and see what else we have to offer, by clicking here and signing up for MEN Daily News. And be sure to join our politics writer Jo Timan every Sunday for his essential commentary on what matters most to you in Greater Manchester each week in our newsletter Due North. You can also sign up for that here. You can also get all your favourite content from the Manchester Evening News on WhatsApp. Click here to see everything we offer, including everything from breaking news to Coronation Street. If you prefer reading our stories on your phone, consider downloading the Manchester Evening News app here, and our news desk will make sure every time an essential story breaks, you'll be the first to hear about it. And finally, if there is a story you think our journalists should be looking into, we want to hear from you. Email us on newsdesk@ or give us a ring on 0161 211 2920.
Yahoo
a minute ago
- Sport
- Yahoo
Saudi Super Cup: Sadio Mané sees red against Al-Ittihad
The Senegalese striker is sent off after opening the scoring. Saudi Super Cup: Sadio Mané sees red against Al-Ittihad Sadio Mané was shown a red card on Tuesday, August 19, 2025, during the Saudi Super Cup semi-final between Al Nassr and Al-Ittihad in Hong Kong. The Senegal international had opened the scoring for his team before being sent off just before halftime. Al Nassr faced Al-Ittihad in this first semi-final of the 2025 Saudi Super Cup, hosted in Hong Kong from August 19 to 23. This clash between two Saudi football giants delivered plenty of drama, featuring a showdown between Sadio Mané and Cristiano Ronaldo against Karim Benzema, although the latter did not start the match. Sadio Mané opens the scoring and kick-starts his season The former Liverpool winger wasted no time putting his side in front in the opening minutes. Set up by Marcelo Brozović, Sadio Mané netted the match's first goal in the 10th minute. In the 25th minute, the Al Nassr forward tried to win back possession in the opponent's half, but his challenge was seen as a dangerous studs-up tackle on an Al-Ittihad defender. The referee wasted no time in reaching for the red card, despite protests from Mané's teammates. This sending-off disrupted the team's balance, who were level with their opponents after Steven Bergwijn's equalizer (16th minute). Down to ten men, the Yellows stood firm under pressure. João Félix restored Al Nassr's lead in the second half (61st minute), capitalizing on some fine work from Cristiano Ronaldo. The Riyadh club held their ground until the final whistle, despite relentless pressure from Al-Ittihad. This victory sends Al Nassr through to the final, where they will face the winner of the other semi-final between Al-Qadsiah and Al-Ahli.
Yahoo
a minute ago
- Business
- Yahoo
Intec Bioplastics, Inc. Announces their New Customer Incentive Buy Back Program
SANTA MONICA, Calif., Aug. 19, 2025 /PRNewswire/ -- Intec Bioplastics, Inc. is proud to announce their new customer incentive Buy Back Program, which is focused on used stretch wrap film and stretch wrap cores. This program offers customers an economic solution to sweeping EPR Legislation while reducing customer costs for Stretch Wrap Films. Intec's industry response to the new legislation has positioned Intec's U.S. and Global Patent Portfolio to be framed towards assisting customers with EPR and sustainability packaging to lower their carbon footprint. Plastic stretch wraps continue to dominate the North American stretch wrap market until now. Intec launched its Hercules Bioflex Stretch Wrap Films in 2025, leading the stretch wrap market in sustainability and going green in a $4.9 billion dollar market where green matters. The stretch wrap segment commands approximately 56% purchase of machine stretch wrap rolls and 40% purchase of hand stretch wrap rolls. Furthermore, there are over 250 million stretch wrap cores that are discarded after use and going to landfill every year in the United States. Stretch wrap cores cannot be recycled with regular cardboard due to the hardness and the glue that is used in the cores. Intec's Buy Back Program will help resolve landfill pollution issues as well as creating an economic solution to the sweeping EPR legislation. Our Hercules Bioflex Stretch Wrap Films are APR Certified, recyclable, and are constructed using components of plant-based materials. Going green is living in a way that is good and friendly for the environment, while being responsible for your waste. Intec Bioplastics, Inc is pleased to make its Buy Back Program available to our customers, in the Continental United States, who purchase our flagship product of Hercules Bioflex Stretch Wrap Films. For more information regarding the Buy Back Program, please contact us at sheryl@ Website: View original content to download multimedia: SOURCE Intec Bioplastics, Inc.
Yahoo
a minute ago
- Business
- Yahoo
Warren Buffett once revealed this key investor trait that is 'much more important than any technical skills'
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. While some investors may believe that the ability to spot good opportunities and conduct precise valuation calculations are the most important skills they need, that's not necessarily the case. Instead, legendary investor Warren Buffett argues that having the right temperament is actually a more valuable trait for investment success. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it 'The proper attitude toward investing is much more important than any technical skills,' he told Andy Serwer, during an interview with Yahoo Finance. For Buffett, this means sticking to his tried-and-true principles: be greedy when others are fearful, and play the long game. Here's why Buffett believes investment psychology and having the right perspective are so critical. Attitude determines success The right perspective for an investor, according to Buffett, is that of a business owner — when you buy a stock, you're buying a piece of a business. Therefore, the underlying operation of said business is the most foremost factor. 'In my view, what you do when you're buying a business is [assume] that you're not going to get a quote on it for five years,' he said in the Yahoo Finance interview. 'They're going to close the stock market for five years and you'll be happy owning it as a business.' Buffett added, 'If you owned Coca-Cola in 1920, it didn't make a difference whether it went public. The important thing is what it was doing with customers.' If you're looking to learn which businesses are worth owning a piece of right now, to grow for the future, you can get expert insights with Moby. Moby's superior research can help you reduce the guesswork when selecting stocks and ETFs. In four years, across almost 400 stock picks, Moby's recommendations have beaten the S&P 500 by almost 12%, on average. Moby's team of former hedge fund analysts and experts spend hundreds of hours each week sifting through financial news and data to provide top-tier stock and crypto reports to keep you up-to-date on what's moving the markets. With their easy-to-understand formats, you can become a wiser investor in just five minutes. While most people can only dream of an investment empire like Buffett's, it's now possible for everyone to begin investing with just their spare change. Acorns makes it easy for anyone, even beginners, to grow their wealth by automatically investing spare change from everyday purchases. Signing up for Acorns takes just minutes. Link your cards, and Acorns will round up each purchase to the nearest dollar, investing the difference into a diversified portfolio. For those seeking a more customized experience, Acorns Gold allows for a mix of automated investments and individual stock selection, giving you the flexibility to tailor your strategy. For a limited time, Acorns will add a $20 bonus when you sign up to help you begin your investment journey. Buffett's focus on the underlying fundamentals is a key aspect of his approach, and has been echoed by other successful investors, such as Peter Lynch. 'The key organ in your body in the stock market is the stomach, not the brain,' he quipped during a speech at the National Press Club in 1994. So, how can this insight help make you rich? Read more: Nervous about the stock market? Gain potential quarterly income through this $1B private real estate fund — even if you're not a millionaire. Gaining an edge Investors can act like Buffett with a few perspective shifts. One, avoid panic-selling during market downturns. This could help you benefit from the recovery — and cheaper valuations — that emerge in these situations. Two, expand your time horizon. According to eToro's Ben Laidler, the average stock holding period has dropped from five years in the 1970s to just 10 months in the 2020s. However, holding a stock for just one year had a 25.2% probability of loss, according to Wealthfront's data. The probability of loss dropped to 4.9% if the stock was held for 10 years, and 0% if it was held for 20. Buffett encourages investors to ignore daily stock price fluctuations and think of stocks as more like illiquid assets — such as farmland and real estate — in order to resist the temptation of buying or selling based on short-term sentiments. Investing in real estate and farmland If you've got the mindset — and the guts — to be a long-term investor, buying into real estate and land is the way to go. Platforms like First National Realty Partners (FNRP) let you take advantage of the sector with professionally-vetted deals. FNRP gives you access to necessity-based real estate — such as grocery stores or health care facilities. That means the properties are essential to the local community, often leased by national brands like Kroger and WalMart, and likely to remain desirable. The best part is, they manage the whole process, from sourcing top properties to dealing with tenants, so you can focus on finding your next lucrative deal. If you have a smaller budget for investing, you can still get a foot in the door in the real estate game — for as little as $100. Arrived allows you to invest in shares of rental homes and vacation rentals without taking on the responsibilities of property management or homeownership. On their platform you can browse a curated selection of homes, each vetted for their appreciation and income potential. Once you find a property you like, simply choose the number of shares you want to buy and start investing. Buffett isn't the only billionaire to see value in investing in land and properties. Estimates show that Microsoft founder Bill Gates owns around 270,000 acres of farmland around the United States. Over the past seven years Gates has reportedly spent roughly $113 million purchasing Nebraska farmland and now owns about 20,000 acres in that state alone. Farmland is an attractive investment for those looking to hedge against inflationary periods. According to a 2023 article from Nasdaq, the value of farmland has been shown to rise alongside inflation, with the value of U.S. farmland hitting 10.2% in 2022 at a time when the average inflation rate was 8%. The thing about investing in physical farmland is the price tags associated with large farms (or even small to medium-sized farms) can be massive. These are also assets that aren't as easy to get financing for, particularly for investors and those without direct farming expertise. Enter FarmTogether, a company offering a range of funds and bespoke investment opportunities for investors looking to put some capital to work in physical farmland. With more than $2.1 billion in capital deployed and a conservative and disciplined investment philosophy, the company hits on many of the key needs of investors looking for exposure to this asset class. The company's proprietary sourcing technology and experienced team with best-in-class partnerships means that less than 1% of the deals that enter the company's pipeline are passed onto investors. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
