Hold on, MarketWatchers, and don’t miss these great stories: Personal finances Another 1918 flu warning for COVID-19: ‘Survival does not mean individuals fully recover’ ‘We may never know the real consequences of the 1918 mortality due to incomplete or inaccurate accounting, problems that also undermine our ability to quantify the …
Read More »Get ready to see how much you have actually saved for retirement
Americans with 401 (k) plans may think they have saved a lot for retirement, but a new government rule will show them exactly how much money they will see in their old age. The Department of Labor has published its interim final rule whereby managers have plans for defined contributions, …
Read More »Bill Gates, Elon Musk, Jeff Bezos and the rest of the Oligarchic Dozens’ just reached a ‘disturbing milestone’
“The rich get richer” does not even begin to tell the story today. According to the Institute for Policy Studies, the wealth of the top 12 billionaires in the US recently exploded to more than one trillion dollars – yes, 13 figures. The statistic is obviously an eye-popping figure on …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
Read More »Airlines want people to believe that air travel is safe during the pandemic, but travelers are skeptical
In an effort to survive, airlines are desperately trying to convince a convincing audience that measures such as mandatory face masks and hospital-class air filters sitting in an airplane are safer than many other indoor settings during the coronavirus pandemic. It does not work. Research indicates that instead of becoming …
Read More »