The COVID-19 pandemic has caused us to think about many parts of our daily existence, such as our health, jobs, where we live, our financial future, education, travel and the simple handshake. But according to data released Tuesday, many savers are still financially on the path to retirement. The combination …
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Facebook Inc. has a new payment group with a familiar face. David Marcus, co-creator of the company’s Libra cryptocurrency project, will lead Facebook Financial, an initiative to run all payment projects, including Facebook Pay, a feature it plans to build in all has apps. Former Upwork Inc. UPWK, -2.94% Chief …
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European stocks rose on the last trading day of the month, fueled by better-than-expected results and after big gains from top US tech companies. That joy helped investors sideline, for now, the signs of increasing global economic problems due to the pandemic. The Stoxx Europe 600 SXXP Index, + 0.57% …
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Do not believe the exaggeration. That’s the message from Sharmin Mossavar-Rahmani, director of private wealth management investments at Goldman Sachs, who thinks gold is too expensive and doesn’t have a clear role in the portfolios of his private clients. Our view is that gold is only appropriate if you have …
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The numbers: The number of Americans applying for unemployment benefits increased for the second consecutive week, a sign that economic growth may be stagnant in late July. Claims had declined steadily after peaking in late March. Initial jobless claims rose by 12,000 to 1,434 million in the week ending July …
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