[Forbes] The world’s richest man just made history. Amazon (AMZN) founder Jeff Bezos set a new record when his net worth jumped by $13 billion in one day. Bloomberg now estimates Bezos is worth $185 billion. And get this: he’s now personally worth more than oil giant Exxon Mobil or Nike! The […]
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[MarketWatch, Getty Images] Critical information for the U.S. trading day Stocks are looking up on Tuesday, beating back a bevy of concerns — Washington-Beijing tensions, the lack of a U.S. coronavirus stimulus package, and Europe’s virus resurgence. The optimists helped push the Nasdaq Composite COMP to log another record on Monday, while some […]
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[Forbes, Getty Images] The U.S. stock market has flirted with record highs this week, and this has caused many nerves flutter among investors. One of the reasons that stock traders have been feeling jittery about the S&P 500 index reaching its record high is the wave of selling that has eroded […]
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[Coindesk] Luis Sosa, 39, the creative director at a startup in Mexico City, watched with skepticism as his friends invested in bitcoin a decade ago. Even after they made good on their investments, Sosa kept his distance. Now, his attitude toward crypto is changing, but not for the reasons you’d think. “With the increasingly […]
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[Fox Business, iStock] Millions of Americans have to come up with creative ways to cut back on expenses as the effects of the coronavirus pandemic continue to weigh down the economy. More than 55 million people have filed jobless claims since March, and with COVID-19 cases spiking in different areas of the […]
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[Business Insider, Getty Images] The average American family has $40,000 in liquid savings, across savings and checking accounts, according to data from the Federal Reserve’s 2016 Survey of Consumer Finances. Many factors impact the amount the typical American actually has saved, including age, household size, education level, and even whether […]
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[Business Insider, Getty Images] The average American has a FICO credit score of 703, according to data from Experian — that’s considered ‘good’ by FICO’s ratings. Credit scores are numerical ratings of your borrowing and repayment history, commonly used by banks to determine eligibility for loans and interest rates. People over 50 have […]
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[MarketWatch, Getty Images] The crisis could blow a $60 billion hole in retirement plans It is insane that our tax-deferred retirement plans depend on our employers, and we’ve got yet more reasons to prove it. Sixty billion of them. That’s how many dollars that U.S. workers are likely to lose […]
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[FOX NEWS] At least 125 companies that Chinese entities own or invest in received PPP loans Sen. Kevin Cramer, R-N.D., calls for national energy policy that is consistent with national security and discusses legislation to streamline PPP loan forgiveness for small businesses. Millions of dollars in taxpayer money flowed to […]
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[FOX NEWS] There’s a fear that once PPP money fades, small businesses could see a wave of layoffs Sen. Kevin Cramer, R-N.D., outlines his Paycheck Protection Program bill and how it would help small businesses during coronavirus. A relief program that threw a critical lifeline to small businesses during the coronavirus pandemic is set to expire Saturday with […]
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