New York (CNN Business) With an unprecedented number of mail-in ballots to count, news organizations will probably exercise extreme caution before declaring a winner on the night of the election. Wall Street, on the other hand, isn’t known for its patience. Investors will be closely scrutinizing the results from pivotal battleground states, especially ones on […]
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[Yahoo! Finance] Joe Biden’s plans for Social Security and Supplemental Security Income would lift 1.4 million Americans out of poverty in its first year, a new analysis found, along with guaranteeing the payout of full benefits for another five years. The former vice president’s plan hinges on imposing the 6.2% Social Security […]
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[Forbes, Getty Images] If you have $100,000 to invest, you can easily use it to unleash a dividend stream that pays you $940 a month. That’s $11,280 a year in dividends—on just $100K! I know you’re probably thinking this sounds too good to be true (and you should be!), especially when […]
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[CNN] If you’ve been working from home much of this year, you’ve probably spent some money trying to make your living space more conducive for working. Maybe you bought some supplies, a new desk or a chair, or you’re just paying more for a better Internet connection. If so, you […]
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[Wise Publishing] Living out your golden years near beautiful beaches in warm sunshine doesn’t have to devour all your savings. In fact, you can retire to some countries with well under $100,000 in the bank. We’ve looked at a wide range of data to find the places with the most […]
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[Bloomberg] The ‘Black tax’ persists because of risk-based loan pricing Policy makers can reverse the negative impact, co-author says Black borrowers pay $13,464 more over the life of a home loan, with interest, mortgage-insurance and tax expenses higher than for their White counterparts, further hurting African Americans’ ability to save […]
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[CNBC, REUTERS] China’s economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics. The world’s second-largest economy reported third-quarter GDP growth on the low end of expectations, up 4.9% from a year ago. That brings growth for the first […]
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[Forbes, Getty Images] Bitcoin has found fresh support this year, bolstered by growing disquiet among investors over central bank and government stimulus measures. The bitcoin price, up around 50% since January to $11,400 per bitcoin, has rallied in line with equity markets since a coronavirus-induced crash in March. Now, after the bitcoin […]
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[Bitcoinist, Shutterstock] Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. ETH will need to hold a crucial support level in the $300 […]
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[FX Empire] Mortgage rates fell to another all-time low in the week ending 15th October. Following a 1 basis point fall in the week prior, the 30-year fixed rate fell by 6 basis points to 2.81%. Compared to this time last year, 30-year fixed rates were down by 88 basis points. […]
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