Month: January 2021

Kai Pfaffenbach | Reuters Check out the companies making headlines in midday trading. Micron — Micron shares popped more than 6% after a Citi analyst upgraded the chipmaker to buy from sell, citing a favorable supply-and-demand outlook. Alibaba — Shares of the Chinese e-commerce giant jumped more than 4% after CNBC’s David Faber reported billionaire
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Tom Williams | CQ-Roll Call, Inc. | Getty Images PUA fraud Most of the theft has focused on Pandemic Unemployment Assistance, a temporary program created by the federal CARES Act in March. It offers unemployment benefits to workers who don’t ordinarily qualify, like the self-employed, gig workers, freelancers, contractors and part-timers. Con artists are attracted
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getty Social Security is an important source of income for most U.S. retirees. On average it accounts for almost 40% of retirement income. Social Security becomes more important the longer a person is retired, often accounting for 50% or more of income for older retirees. Yet, many retirees make decisions that cost them additional lifetime
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Economic Security Planning, Inc. Today’s column addresses questions about becoming eligible for spousal benefits after marriage, drawing spousal benefits after taking early retirement benefits and when SSA recomputes benefit amounts to account for continuing income. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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Medical personnel is given the Pfizer-Biontech Covid-19 corona virus vaccine at the Favoriten Clinic in Vienna, Austria, on December 27, 2020 on the occasion of the Pfizer-BioNTech Covid-19 corona virus vaccine rollout. Georg Hochmuth | AFP | Getty Images The U.K.’s decision to delay giving people the second dose of a coronavirus vaccine is proving
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I’ve never been big on celebrating the New Year. When I was in high school and for much of my early 20’s, I worked for a party decorating company and I spent late December tying tens of thousands of balloons. Maybe hundreds of thousands. On New Year’s Eve, as midnight approached and champagne flowed, I
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The U.S. Covid vaccination effort is far behind original estimates. More than 15.4 million doses have been delivered to states, but only 4.5 million Americans have received their first shot according to the Centers for Disease Control and Prevention. Providence Hospital System, however, has defied the country’s slow rollout trend and has given the first
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