Author: super@dmin
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NerdWallet: For better interest on your savings, look to these banks
This article is reprinted by permission from NerdWallet. Alternatives to big banks are offering some of the best deposit account interest rates consumers have seen in years. And they’ve made checking accounts, savings accounts and certificates of deposit a worthwhile vehicle for earning interest once again. In the 1980s, savings accounts routinely paid 5% or…
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Credit.com: Many students are rethinking college, some grads even regret their degree
New research has come to light showing that there is more students in colleges that are reviewing their decision to get a bachelor’s degree. Today, college tuition is the highest it has ever been. Considering the tuition of colleges from the late 1980s to the 2017/2018 school year, it is clear to see that the…
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Asia Markets: Asian markets lag as oil stocks slip further
Asian stock markets were posting modest losses in early trading Wednesday, after oil prices tumbled 7% Tuesday, marking their 12th straight session of losses. Crude prices CLZ8, -0.29% were again down slightly in early trading. Japan’s Nikkei NIK, +0.39% traded up and down, and was last up 0.3%. The dollar USDJPY, +0.08% …
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Outside the Box: Shark Tank’s Barbara Corcoran says ‘Act like a man’ to win. Here’s where she’s wrong
Real-estate magnate and “Shark Tank” regular Barbara Corcoran wants women to stop being shrinking violets when it comes to getting paid. To put it bluntly, women need to act like a man when face-to-face with a job interviewer, she advises. Forget what the company wants, Corcoran says. What do you want? “Women should pretend they’re…
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The Wall Street Journal: SoftBank’s $3 billion latest investment values WeWork at $45 billion
Japanese conglomerate SoftBank Group Corp. has committed $3 billion to WeWork Cos. in a deal that values the company at about $45 billion, the New York-based shared-office company said Tuesday, a major infusion of new funding by WeWork’s largest investor. If completed, it would make WeWork, which was last valued in a 2017 fundraising round…
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This Wall Street guru was outsmarted by his own childhood stock picks
Courtesy Everett Collection Even Oliver Twist wouldn’t have had the foresight of Meb Faber. Do you ever get the feeling that we’ve overcomplicated this entire investment process? Do you ever wonder if managing investments successfully might be simpler than Wall Street — including most of us in the media — make it sound? If so,…
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Bond Report: Treasury yields slip as stock market and geopolitical jitters stoke haven bids
Treasury prices rose, dragging yields lower Tuesday as equities markets struggled, drawing investors into the perceived safety of bonds. Investors also monitored the state of global political developments amid the U.K.’s struggle to secure an exit deal before it departs the European Union, and Italy’s push for a new budget outline that would see more…
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This state is trying to help more people save for retirement
Oregon just opened its state-sponsored retirement plans to another two groups of workers without access to a 401(k): the self-employed and freelancers. OregonSaves, the state’s retirement savings program, announced on Tuesday those not in a traditional job will now have access to a “workplace” retirement plan. Previously, only employees at companies that did not offer…
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Economic Report: Banks would tighten lending standards if yield curve inverts, new Fed survey finds
The vaults would close if the yield curve inverts, a new Fed study finds. Banks haven’t changed their lending policies so far in response to the flattening of the yield curve but would if it inverted, a new Federal Reserve survey finds. The Fed’s questions — an addition to the senior loan officer survey it…
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Budgets are for the simple-minded — here’s a better way to save money
Here’s the problem with budgets: People often interpret them a little too rigidly. I know of a situation where a woman budgeted X for groceries, and her bill at the checkout line came to X+$20. She stood there and said, “I can’t afford my groceries,” because she went over her budget by $20. True story.…