Month: October 2022

The current investment climate in the United States is volatile. The Bureau of Economic Analysis’s third-quarter GDP readings, while positive, reveal a lackluster performance by the U.S. economy. Inflation is high, and the financial markets remain unpredictable. Recession is on everyone’s minds, and experts from Fannie Mae to Freddie Mac are predicting downturns. In times
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Gene Blevins | Reuters The jackpot for Powerball’s Monday night drawing is a whopping $1 billion. Sort of, anyway. The advertised number represents the pretax amount you’d get if you were to receive your windfall as an annuity spread over three decades. Yet most jackpot winners choose the upfront one-time cash payment — which, for
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Lauren Bates | Moment | Getty Images If history is a guide, insurance claims for unexplained disappearances will jump this Halloween. Renters and homeowners insurance claims related to a “mysterious disappearance” increased by 5% on Halloween and 3% on Mischief Night, which is the night before Halloween, according to Travelers Insurance claims data from 2011
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For many participants in nonqualified deferred compensation (NQDC) plans, November and December are the time to be like an autumn squirrel and decide how much of next year’s salary to defer and store for the future. This decision about nonqualified plans is heavily influenced by the IRS contribution limits for qualified retirement plans. The IRS
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Urban planners are used to being ignored by the larger public, media, and culture. So it’s shocking that New York theater’s hottest ticket isn’t “Hamilton”, or the Michael Jackson musical, but The Shed’s production of “Straight Line Crazy”—a play about New York’s controversial urban planner and master builder Robert Moses. Written by award-winning British playwright
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In this article CSG.N-CH NBHC Follow your favorite stocksCREATE FREE ACCOUNT The chairman of one of Credit Suisse’s newest and biggest shareholders called on the beleaguered bank to deliver a swift overhaul and return to a “very stable, conservative Swiss banking posture.” Saudi National Bank, the kingdom’s largest lender and majority-owned by the Saudi government,
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American furniture brands have some new competition now that iconic Australian furniture company Coco Republic finally opened up its first United States retail location in the Union Square neighborhood of San Francisco. Founded in 1979, this was part of a greater international expansion for the brand, which also included an e-commerce launch in the fall
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In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital
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In this article DIS DAL UAL Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: United Airlines Delta Air Lines Disney Cramer named travel as one of five recession-resistant market leaders that are
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It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF and the Technology Select Sector SPDR Fund, down 59% and 25% respectively this year, aren’t showing meaningful outflows so far this year. Invesco’s Anna Paglia lists a reason: Investors are more loyal to the idea of
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Fg Trade | E+ | Getty Images A key federal program providing benefits to elderly, blind and disabled people — Supplemental Security Income — is turning 50 years old. The program, which currently serves nearly 8 million beneficiaries, was created by legislation signed by President Richard Nixon on Oct. 30, 1972. But even as Supplemental
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Today’s Social Security column addresses questions about how spousal benefit amounts are calculated, whether previous COLAs can increase spousal benefit rates and when spousal benefits can be higher than retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask Larry
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