Author: super@dmin
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Outside the Box: Social Security has quietly crossed yet another financial Rubicon of systemic decay
The cost of grandfathering the benefits of existing retirees now costs more for future retirees than doing nothing and eventually cutting all benefits.
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: New Jersey is the birthplace of many American legends – but you may not want to retire there
It’s not the only state to steer clear of when planning your retirement, a new analysis says.
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: Car prices are at near-record highs — yet car ownership is on the rise
Baby boomers have the highest car ownership rates across all adult age groups, according to a Morning Consult survey.
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Retail Stocks: Walmart, Costco and other big box stores in Canada begin enforcing vaccine mandates, and some shoppers aren’t buying it
Some Canadian retailers are now requiring proof of vaccination due to local regulations, resulting in some critics calling to boycott Walmart in response
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: It’s safe to dip your toes in the stock market — here are three companies to consider, including one disrupter
Sentiment is too dark, given that the economy is in fine shape.
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Therese Poletti's Tech Tales: The Big Tech earnings boom is over, and investors are now searching for safety
Big Tech’s massive growth during the COVID-19 pandemic reached its peak and its limit in 2021, and investors are now searching for safety as the outlook for the new year is looking glummer with every new earnings report.
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: Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
The Federal Reserve will raise its policy rate above the inflation rate ‘sooner rather than later,’ said former Gov. Randal Quarles on Tuesday.
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The Moneyist: ‘She took his queen-size bed for herself’: My sister mooched off my father while pretending to be his caregiver. Then he died a painful death.
‘She made herself his trustee and handled his money and spent nearly all of it on herself.’
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: Casino operator Bally’s stock soars 24% after hedge fund makes buyout offer
Bally’s Corp. stock soared 24% Tuesday, after the casino operator got a buyout offer from its biggest shareholder, hedge fund Standard General LP, which offered to acquire all of the company’s shares outstanding for $38 a share.
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: FTC moves to block Lockheed Martin Aerojet acquisition
The Federal Trade Commission sued to block Lockheed Martin’s planned $4.4 billion acquisition of Aerojet Rocketdyne