A detail of the statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, in Budapest, Hungary. Janos Kummer | Getty Images News | Getty Images The price of popular cryptocurrencies like bitcoin and ethereum plunged Friday after Chinese officials intensified a crackdown, essentially declaring crypto to be illegal. The government intervention,
Month: September 2021
By Paul Irving, Next Avenue We learned from the 2020 U.S. Census that the fastest growing metro area in the nation is The Villages, a master-planned retirement community in central Florida. In a demographically changing and urbanizing America, this dominantly white, politically conservative stronghold bucked the trend as retirees lured by warm winters, pastel-hued homes, golf
Helping people to save more for retirement is a popular idea in Congress these days. But this episode of What’s Ahead warns that a big change that just cleared a critical committee in the House of Representatives would do far more harm than good. Moreover, it would be an administrative nightmare. The proposal would force
Bungalow 5 is one of the top furniture brands that isn’t on the tip of everyone’s tongue. That’s because it is one of the few that has chosen not to sell directly to consumers. Still, Bungalow 5 has been incredibly successful, celebrating twenty years of business in 2021. While this is a different approach to
Ana Navarro and Sunny Hostin on the set of ABC’s The View. Jeff Neira | Disney General Entertainment Content | Getty Images Two hosts of ABC’s “The View” tested positive for Covid-19 on Friday moments before a sit-down interview with Vice President Kamala Harris. Host Sunny Hostin and guest host Ana Navarro are fully vaccinated
In this article PLAY MTCH RCL NCLH The Carnival Cruise Ship ‘Carnival Vista’ heads out to sea in the Miami harbor entrance known as Government Cut in Miami, Florida June 2, 2018. RHONA WISE | AFP | Getty Images Check out the companies making headlines in midday trading. Carnival — Carnival shares rose 4% after
In this article ABX-CA .SPX Gold is one of the largest financial assets in the world with an average daily trading volume of $183 billion, and its value has seen explosive growth in recent years. At the start of 2000, gold was priced at just $460 per ounce when adjusted for inflation. By August 2021,
Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California. Kimberly White | Getty Images Entertainment | Getty Images Robinhood executives had a lot to talk about the week Reddit users were driving a historic short squeeze in GameStop. New documents in a lawsuit allegedly show internal
sorn340 | iStock | Getty Images It’s now been more than seven months since President Joe Biden asked the U.S. Department of Justice to review his legal authority to cancel student debt. The agency hasn’t released its findings yet. And although top Democrats argue that the president can cancel the debt through executive action, Biden
On August 31 the Trustees of Social Security and Medicare finally issued their 2021 annual report. The news wasn’t good, but not as bad as many expected. Normally the trustees issue their annual report sometime in the Spring. Last year it was issued April 22. This year the actuaries apparently spent more time massaging the
Welcome to Fall. The season where, predicably, the weather gets cooler, the leaves change color, and Congress puts on its annual fiscal crisis. This year, we all get to watch a quadruple-header: Will Congress pass a $1 trillion—or perhaps $552 billion— infrastructure bill? Will Congress approve a massive social spending bill including major tax increases
A spring break hotspot for decades in the 20th Century, Fort Lauderdale, Fla. has over the past 20 years matured into a city better known for luring corporate campuses than college kids. “What once was considered a vacation-only destination, Fort Lauderdale is thriving and poised to continue attracting high-profile businesses, an emerging talent pool and
In this photo taken on March 20, 2019, an Afghan health worker administers a polio vaccine to a child in the Kandahar province. Javed Tanveer | AFP | Getty Images Afghanistan’s health-care system is “on the brink of collapse” as a lack of funding left thousands of health facilities struggling to buy medical supplies and
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading on Thursday after two straight days of gains pushed major averages into positive territory for the week. Futures on the Dow
At 52, Jennifer Lopez has done what only a few have accomplished: Since the late 1980s, she has successfully built careers as an actress, musician, entrepreneur and businesswoman. The key to her business acumen and brand-building sense, she says: emphasizing the unique qualities she brings to the table and being resilient. “It’s about being the
lisegagne | E+ | Getty Images The new enhanced child tax credit may help parents continue working, a recent study shows. Nearly 94% of parents said they planned to continue working or even work more once receiving the credit, which began in monthly installments in July, according to a report from a team of researchers
What’s a “hidden” 401(k) fee? As the name suggests, it’s likely one that’s not readily disclosed or easily accessible. If you use this definition, almost all fees are hidden because they’re too hard to find. “The plan sponsor/employer does receive an annual fee disclosure,” says Stuart Robertson, CEO of ShareBuilder 401k in Seattle. “However, this
Thanks to historic investment returns over the last year, state public pension plans are in their best shape since the Great Recession. After state pension debt grew to more than $1.4 trillion last year, two new reports estimate that gap between the total amount states have promised to retirees and what they’ve actually set aside
Amid the chaos surrounding concerns about debt payments by China’s property developer Evergrande Group, it’s good to be the chairman. Although Evergrande Group’s 80% stock decline so far this year has made a dent in its billionaire founder and chairman’s fortune, Hui Ka Yan will remain extraordinarily wealthy even if the company collapses under the
In this article COST People shop for toilet paper at a Costco store in Novato, California on March 14, 2020. Josh Edelson | AFP | Getty Images Costco Chief Financial Officer Richard Galanti said Thursday the company wants to make sure it has essential items at stores, even as shipping delays and truck driver shortages
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