By Richard Eisenberg, Next Avenue Managing Editor getty Millions of Americans are rightly concerned about the future solvency of Social Security. But there’s another key Social Security concern: the prevalence of people starting to claim their Social Security benefits early, depriving them of larger payments from the government by delaying. When to begin claiming Social
Month: October 2020
The civic arm of a prominent Chicago business group threw cold water on the state’s efforts to move to a graduated income tax in the absence of long-term fiscal plan that tackles pensions and overdue bills through reforms, cuts, and new revenues. Voters will decide the fate of the constitutional amendment — championed by Gov.
License to operate was the number one concern with 63% of survey respondents flagging it as a top three risk, according a survey from EY published today. The consultancy published its annual ranking of top 10 business risks. To address concerns about meeting their social license, EY said miners need to work with governments and
The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
Shares of Memory chip specialist Micron (MU) trended downwards on Wednesday following the release of the company’s FQ4 results. Micron reported revenue of $6.06 billion, a 24% year-over-year increase and coming in ahead of the estimates by $170 million. Non-GAAP (adjusted) net profit almost doubled from the same quarter last year to clock in just
Ethan Brown, founder and chief executive officer of Beyond Meat, center, celebrates with his wife Tracy Brown, center left, and guests during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
Photo by Gage Skidmore | CC BY | Cropped From Birch Gold Group For obvious reasons, an election year means the potential for big changes in taxes, retirement, and investments. This election season, should former Vice President Joe Biden defeat President Trump, the first of these potential changes could come to your 401(k) in the form of overhauling how the tax breaks
Despite receiving significant attention in the financial and investment world, many people do not know how to buy the cryptocurrency Bitcoin, but doing so is as simple as signing up for a mobile app. With cryptocurrency back in the news again, now’s a better time than ever to delve into the weeds and learn more
Joshua Harris, Apollo Global Management Co-Founder speaks during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC A notable private equity investor said Wednesday that the boom in special purpose acquisition companies was not just a passing fad. Apollo Global Management co-founder Joshua Harris said at the Delivering Alpha conference presented by CNBC and
The Federal Reserve has banned big US banks from buying back shares for the rest of the year and capped their dividends, dashing hopes that more profitable lenders would be able to return boost returns to their shareholders. The Fed said on Wednesday that it had decided to extend curbs on payouts introduced in September
Peter Wells in New York The US reported more than 1,000 coronavirus deaths for the first time in a week on Wednesday, while hospitalisations reached their highest level in nearly three weeks. The national death toll rose by 1,061, according to Covid Tracking Project data on Wednesday, up from an increase of 739 on Tuesday
After passing a key regulatory hurdle, Charles Schwab is set to close its acquisition of TD Ameritrade Oct. 6, according to the company. The Board of Governors of the Federal Reserve System gave its approval Sept. 30 for TD Bank, the second largest bank in Canada, to hold a minority stake in Schwab, the regulator
Twitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28. The letter, written by Coinbase CEO Brian Armstrong, explained why the firm intends to avoid political and social distractions, and instead focus on its core mission of building an open financial system
FLINT, MI – APRIL 20: The Flint River is shown in downtown Flint April 20, 2016 in Flint, Michigan. … [+] (Photo by Bill Pugliano/Getty Images) Getty Images You probably know the rough outlines of this debacle: “Officials in Flint, Michigan, were looking for a cheaper source of water when they stopped piping in water
A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | Getty Images Pending home sales rose 8.8% in August compared with July, reaching a record high pace, according to the National Association of Realtors survey, which dates to January 2001. Sales were 24.2% higher than
During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances of getting elected is favored by 61% over the incumbent Trump. Tuesday’s Presidential Debate
A model portfolio—along with a sober assessment of future returns. Retirement getty Whew. If you didn’t panic and sell, your portfolio has recovered from the pandemi-crash. Now you can look forward to a rich retirement. Somewhat rich. You’re going to be earning a 2% annual return on your savings. That return, which is after inflation
The U.S. economy should continue to recover from the coronavirus-induced recession even if Congress puts off consideration of additional fiscal stimulus to 2021, Federal Reserve Bank of St. Louis President James Bullard said. “There may be enough resources right now, at least for 2020,” Bullard said Wednesday as part of a virtual question-and-answer period at
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) Silver will get a boost from higher gold prices and better industrial demand into year-end following a sharp price drop down to $23
The campaign will be rolled out “aggressively”… by Mac Slavo of SHTFplan New York City is ramping up the New World Order police state. The city now has “mask patrol” that will fine those who disobey the NWO order commands to mask up. Apparently, 9 ZIP codes in New York City are seeing a spike