Economics and Investing:

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The looming retirement crisis: 10,000 baby boomers a day turn 65 and most are inadequately prepared for retirement. Half of elderly Americans in poverty without Social Security.

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Pension tidal wave is about to crash down on taxpayers. – B.B.

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Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It “Non-Confiscatable”. – JBG

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Barclays thinks artificial intelligence is the future of banking. – D.S.

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Budget office: U.S. debt picture has ‘worsened dramatically’. – G.G.

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