Benchmarks for US equities fell sharply lower on Friday morning, with major indices poised to end the week’s losses as investors analyzed a record surge in new coronavirus cases and the implications of Federal Reserve Bank stress test results announced Thursday night. How are the benchmarks working? The Dow Jones …
Read More »Asian markets win after US bank stress test results
BEIJING (Reuters) – Asian equity markets followed Wall Street higher on Friday after US regulators removed some limits on banks’ ability to make investments. The Nikkei 225 NIK, + 1.13% in Tokyo it increased by 0.9%, while Kospi 180721 in Seoul, + 1.05% gained 1%. Hang Seng HSI from Hong …
Read More »Why is there so much drama about when to claim Social Security?
No wonder there is such wide disagreement about the optimal age to start receiving Social Security. The seemingly trivial differences in the way you ask the question lead to dramatically different answers. You’ll get an answer if you frame the problem in terms of how long future retirees must live …
Read More »This single mother started with $ 20,000 and is now an early retired millionaire. Here is one thing that helped her
Jackie Cummings Koski has been a member of her local investment club for 11 years and is now on the board of directors, but when she started she had little money for her name and no clear path to financial freedom. Divorce inspired this woman to learn about money and …
Read More »Unemployment claims fall to 1.48 million, but slow decline indicates hectic economic recovery
The numbers: New claims for traditional unemployment benefits fell slightly last week to 1.48 million, but remain stubbornly high three months after the start of the coronavirus pandemic, signaling that an incipient economic recovery is likely to be uneven. Initial jobless claims, a rough measure of layoffs, declined in the …
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