Month: May 2021

The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away at bitcoin’s market dominance, as dogecoin captures 3% of the entire crypto-economy at
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Today’s column addresses questions about potential effects of retiring from work four years before filing for a retirement benefit, filing for retirement benefits before spousal benefits and transferring conserved benefits to a capable beneficiary. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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In 2016, the District of Columbia Water and Sewer Authority (DC Water) was under a federal court order to fix its combined sewer system, which dumped raw sewage into the nearby Potomac River after heavy rains. The price tag was steep: nearly $1 billion for the planned installation of just one of three massive tunnels
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What Is the Normal Distribution? The normal distribution formula is based on two simple parameters—mean and standard deviation—that quantify the characteristics of a given dataset.  While the mean indicates the “central” or average value of the entire dataset, the standard deviation indicates the “spread” or variation of data points around that mean value. Key Takeaways
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Norway’s Telenor has written off its entire $782m investment in Myanmar, where it has struggled with internet shutdowns, pressure on staff and deteriorating operating conditions since the country’s February military coup.  The telecoms group said on Tuesday it had fully impaired its Nkr6.5bn investment in the south-east Asian nation, where it was seen as a
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One of the fastest-growing hybrid RIAs unveiled its third agreement to acquire a billion-dollar firm in the past five months. Private equity-backed Wealth Enhancement Group is acquiring Pillar Pacific Capital Management, an active asset and wealth manager that manages $1.6 billion on behalf of clients from five continents. Wealth Enhancement and the California-based seller announced
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S&P Dow Jones Indices, a major global resource for index-based data and research, has introduced its first cryptocurrency indices amid a renewed surge on crypto markets. The company announced Monday that it launched three crypto indices tied to the performance of the two largest cryptocurrencies: Bitcoin (BTC) and Ether (ETH). The newly introduced indices include Bitcoin-based
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Cryptocurrency regulation is still an ongoing topic for the Spanish government and regulators, with some not too friendly measures against crypto ads or enhancing tax rules. However, adoption is on the rise in different industries, and the healthcare sector is joining the frenzy. Patients Could Pay With Digital Assets Starting June 1 According to Forbes
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Fiscally solvent school districts Illinois increased in fiscal 2020 even as they navigated COVID-19’s impact on operations. Of the state’s 851 districts, 728 landed in the top category of financial recognition based on fiscal 2020 results, up from 706 for fiscal 2019 and 697 in 2019, according to the Illinois Board of Education’s 2021 fiscal
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As American workers began to shoulder more of the responsibility for funding their retirement, retirement calculators proliferated across the Internet. A Google search for “online retirement calculator” garners tens of thousands of hits. People are anxious about their retirement readiness, concerned about whether they will have enough money to last through their lifetime. Key Takeaways
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