WASHINGTON (Reuters) – CEOs of four of the largest technology companies in the US plan to deflect criticism next week at a congressional hearing on their use of market power to harm their rivals by saying that they themselves They face competition and discredit claims that they are so dominant. …
Read More »When does it make sense to take Social Security at age 62?
It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
Read More »When does it make sense to take Social Security at age 62?
It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
Read More »Pompeo says the United States wants to build a coalition to counter China’s ‘shameful’ threat
LONDON (Reuters) – United States Secretary of State Mike Pompeo said Tuesday that the United States wants to build a global coalition to counter China as it accused Beijing of exploiting the coronavirus pandemic to further its own interests. United States President Donald Trump identifies China as the United States’ …
Read More »‘Federal accounts’ for everyone: with automatic and recurring payments caused by economic crises
Rich interests have thrived during the pandemic. The CARES Act authorized billions in expenses to support wealthy individuals and corporations. Most of the money was used to guarantee the liquidity of banks and hedge funds, back corporate balance sheets, and buy debt to save commercial loan markets. Overall, 82% of …
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