By Lyle Solomon, Next Avenue As you save for retirement, it’s beneficial to know how much to save and whether you’re on the right track. Everyone’s situation is different, of course, but there are some useful retirement benchmarks that can give you a sense of how you’re doing to reach your goals. After comparing your numbers to the benchmarks,
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The Puerto Rico Aqueduct and Sewer Authority plans to refund $1.8 billion of outstanding 2012 debt in an August deal, coming into a market that is starved for high-yield paper. For several months the authority and the Puerto Rico Oversight Board has mentioned the possibility of refunding the authority’s Series 2012A bonds. On Friday it
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Social media platform Reddit announced it would be using scaling solution Arbitrum to handle scaling its Ethereum-based Community Points system. In a Thursday announcement, Reddit administrator jarins said the platform had launched its own layer-2 rollup using Arbitrum technology for its rewards points. Reddit said it had deployed the layer-2 solution on top of the
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Imagine two millionaires in a room and assume that their net worth was exactly $1 million including all investments, estates, and assets. Neither person had anything hidden and both were happily married. The only difference between the two was their age. One millionaire was 65 years old while the other was 30. Looking outside of
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California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with Bank of America to start rolling out chip-enabled debit cards to new claimants, as well
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Business groups, food industry executives and farming leaders on Friday voiced scepticism over UK government plans to allow some critical workers to avoid self-isolation, warning that the updated guidance will not solve problems with staffing shortages.  Ministers confirmed on Thursday that some workers within 16 sectors, including the emergency services and transport would be able
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In this article AXP INTC SAM HON TWTR S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained 3.4% after reporting its fastest revenue
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Sharing is Caring! by confoundedinterest17 Since the Covid outbreak of March 2020, The Federal Reserve entered markets in force, spiking their assets purchases and continually expanding their balance sheet. Consequently, stock and bond market volatility (as measured by VIX and MOVE) have been repressed. But commodities are a different story. Crude oil futures are tracking The
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Technological advances in every industry have the potential to optimize business operations and change industry standards. In the real estate sector, commercial real estate (CRE) technology is rapidly evolving as professionals focus on revolutionizing the current commercial real estate market. Much of today’s emerging CRE technology uses big data, machine learning and the Internet of
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The Metropolitan Transportation Authority is armed with billions from several rounds of federal funding. Toll and tax revenue is up, other indicators are positive and commuters are probably spared a fare increase for this year. But as he outlined scenarios related to the authority’s rolling four-year financial plan and how it hinges on post-pandemic ridership
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High up in Romania’s Carpathians, some villagers are hoping their area’s unique Roman galleries will attract UNESCO world heritage status — a decision that would further stall a controversial gold mining project. The site nestled in the Apuseni Mountains “contains the most significant, extensive and technically diverse underground Roman gold mining complex currently known in
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Is there still hope for a renewed rally, or is silver a lost cause?  by Craig Hemke via Sprott Money News It has been a challenging and frustrating year thus far for COMEX silver. Inflation is raging while interest rates are falling, yet COMEX silver prices are down year-to-date. This has left many silver investors
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Investment bankers are typically the highest-paid workers in the finance industry—high salaries are most prevalent even among younger employees. The starting salary for the typical investment banker exceeds that of most other finance positions, but working in this field has its challenges. Aspiring finance professionals may wish to examine whether a career in investment banking
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Many of the world’s biggest asset managers say they’re increasingly struggling with some of the rules guiding the $35 trillion market for environmental, social and governance investing. Much of the confusion revolves around defining the social aspect. The guideposts are generally seen as confusing and this is “going to become a bigger issue going forward,”
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