Author: DispatchTimes News Desk

Lifetime income products such as annuities are being presented as a way for Australian retirees to reduce the stress of volatile markets and secure a regular income for life. Advisers say they can provide greater certainty, but warn that buyers must weigh up tax, Centrelink, flexibility and estate-planning implications. Moving from employment into retirement can raise concerns about how long savings will last and whether a previous standard of living can be maintained. Those uncertainties can affect people even when they have substantial superannuation balances or other assets. An annuity is one type of lifetime income product. It can provide…

Two deaths have been reported to the US Food and Drug Administration after patients took products sold as bootleg retatrutide, an experimental weight-loss drug being developed by Eli Lilly. The reports do not establish that retatrutide caused either death, and the information has not been independently verified. However, they highlight the risks associated with an expanding illicit market for products that are not approved for general use. Retatrutide has not been approved by the FDA and is generally intended to be available only as part of a formal clinical trial. Federal law prohibits the commercial sale of unapproved medicines, yet…

Eric Trump has defended Susan Dell after online trolls mocked her appearance following a visit to the White House with her billionaire husband, Michael Dell. The couple met President Donald Trump last week to discuss their $6.25 billion (£4.72 billion) contribution to Trump Accounts, a scheme intended to give 25 million American children a $250 investment account. The pledge, made in December after the accounts were announced, prompted a backlash against comments about Mrs Dell’s looks. Eric Trump, the president’s second son, responded by condemning those who had targeted her. “People are awful,” he wrote on social media. “Susan and…

Walmart is to provide more than 250 prescription medicines, including some insulin, inhalers and GLP-1 treatments for diabetes, at no cost to employees from 2027. The retailer will offer Novo Nordisk’s Ozempic and Eli Lilly’s Mounjaro free to employees with type 2 diabetes, subject to a new prior authorisation process. The medicines will not be covered when prescribed for weight loss. The changes form part of an expansion of Walmart’s employee benefits as it seeks to attract and retain staff while limiting increases in healthcare costs. The company’s open enrolment period closes on November 6. Walmart, the biggest private employer…

Cornell University has suspended fraternity parties and social events for the remainder of the 2026-27 academic year, as its president acknowledged a “deeply disturbing prevalence of alcohol and drug abuse” on campus. President Michael Kotlikoff announced the measure in a letter to the university community on Tuesday, following allegations surrounding an alleged gang rape at a Cornell fraternity house in 2024. Any fraternity found hosting a party or social gathering inside its house will face immediate suspension, Mr Kotlikoff said. The restrictions will give the university time to assess whether fraternity life can continue safely. The president said the concerns…

The chair of the regulator involved in the Manchester City investigation would resign if political interference affected the process. The warning comes as scrutiny continues over the handling of the case, with the regulator chair making clear that the investigation should not be influenced by politics.

Metro Detroit is forecast to challenge a 51-year-old temperature record on Tuesday, with highs potentially reaching 85F (29C) at Detroit Metropolitan Airport. The National Weather Service said the city could surpass the existing October 13 record of 83F (28C), set in 1975. The forecast comes as unusually warm conditions persist across south-east Michigan. Detroit temperature record within reach Clearer skies and south-westerly winds are expected to keep temperatures rising before a delayed cold front moves through the region. The weather service said the front should hold off long enough for readings to reach the mid-80s. Its Detroit office said temperatures…

Kimberly Guilfoyle, Donald Trump’s ambassador to Greece, has resigned after facing allegations of improper and potentially illegal conduct before and during her time in Athens. The Trump administration said it had asked Ms Guilfoyle to leave her post. White House press secretary Katie Zacharia said she had been “a wonderful asset to the team” and wished her well. Ms Guilfoyle rejected the allegations, writing on X that they were false and that she would “vigorously defend” her name, reputation and integrity. “I have dedicated my professional life to fighting for justice, standing up for what is right, and defending the…

Tech firms in the UK have pledged to take down unsafe AI platforms should Britain’s secret services conclude they pose a risk. The pledge is presented as a direct response to safety concerns raised by security agencies. The material provides no names of companies involved, no timelines and no detailed mechanism for withdrawing platforms. Without further detail, the central development remains the commitment itself rather than any specific actions. Readers will await official statements for greater clarity on how such a process would operate in practice.

A south London man has been found guilty of attempting to blackmail a technology company chief executive and stalking him and his model daughter following a dispute over a £1.2 million home. Darren Cooper, 54, launched what prosecutors described as an abusive and “vengeful” online campaign after his husband, sex therapist Thain Kleinhentz, lost a High Court case involving his former partner Mark Harrison. Cooper blamed businessman Peter Gillingwater, 52, who had given evidence for Mr Harrison during the 2020 proceedings. He later made allegations against Mr Gillingwater and his daughter, Aimee Gillingwater, including claims of drug dealing and sexual…