Eight states file enforcement action against crypto lending platform Nexo
Source: https://www.cnbc.com New York State Attorney General Letitia James speaks at a news conference after former U.S. President Donald Trump’s White House chief strategist Steve Bannon arrived to surrender, in New York, U.S., September 8, 2022. Caitlin Ochs | Reuters Eight states announced on Monday they’re bringing actions against theContinue Reading
Wall Street backs Club holding Wynn Resorts as Macao tours from China get ready to reopen
Source: https://www.cnbc.com People use their smartphones to take photographs outside The Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macao, China, on Tuesday, Jan. 30, 2018. Billy H.C. Kwok | Bloomberg | Getty ImagesContinue Reading
Biden’s student loan relief could cost $400 billion, Congressional Budget Office says
Source: https://www.cnbc.com Student loan borrowers stage an Aug 25, 2022 rally in front of the White House to celebrate President Joe Biden canceling some federal student debt. Paul Morigi | Getty Images Entertainment | Getty Images President Joe Biden’s student loan cancellation plan will cost an estimated $400 billion, accordingContinue Reading
Feds commit $50 million to for-profit nuclear fusion companies, chasing the ‘holy grail’ of clean energy
Source: https://www.cnbc.com A picture shows the winding facility for the construction of poloidal field coils which will be part of the magnetic system that will contribute to confine and model plasma during the launch of the assembly stage of nuclear fusion machine “Tokamak” of the International Thermonuclear Experimental Reactor (ITER)Continue Reading
We’re making two more buys in this volatile and very oversold market
Source: https://www.cnbc.com Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | ReutersContinue Reading
Campaigns spend over $6.4 billion on ads for 2022 elections, making race one of the most expensive ever
Source: https://www.cnbc.com A sign is seen as voters line up for the U.S. Senate run-off election, at a polling location in Marietta, Georgia, January 5, 2021. Mike Segar | Reuters The 2022 midterm elections are on track to be the most expensive ever as more than $6.4 billion is pouredContinue Reading
Trump-linked SPAC changes address to UPS store as investments pulled
Source: https://www.cnbc.com The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS store in Miami.Continue Reading
Savings rates climb to levels not seen since 2009. Here’s how to get the best return on your money
Source: https://www.cnbc.com When the Federal Reserve hiked the target federal funds rate by another 0.75 percentage points this month, it opened some new opportunities for savers to earn better returns on their cash. The Fed’s move is aimed at combating high inflation, which has sent costs for housing, food andContinue Reading
Introduction to Social Security
Source: https://www.investopedia.com Social Security is a U.S. government benefits program established in 1935. While Social Security makes disability income insurance payments, it is most commonly associated with monthly retirement benefits paid out until death. The Social Security system is funded with payroll taxes. The Federal Insurance Contributions Act (FICA) mandatesContinue Reading
Will Baby Boomers Bankrupt Social Security?
Source: https://www.investopedia.com The outsized Baby Boomer generation, named for the big increase in birth rates after World War II, has always made waves. The Boomers’ golden years will be no different. Born between 1946 and 1964, this vast cohort came of age in the 1960s and 1970s and began toContinue Reading