How one IT update gone wrong has sparked chaos around the world
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IT systems across the world are suffering widespread outages. Disruptions have hit everything from airports and banks, to retailers and healthcare providers. Crowdstrike’s CEO blamed a defect in an update for Windows, highlighting the fragility of global IT.
Video: Politics Didn’t Move Markets Much
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Cameron Dawson, Newedge Wealth Chief Investment Officer, says the recent turmoil in politics haven’t impacted markets that much recently. She also says the bond market is pricing in a Federal Reserve rate cut in September.
Market Week: July 22, 2024 (Video)
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The world’s richest countries in 2024
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The Economist’s annual ranking compares economies in three different ways
Video: Why Car Repossessions Are Surging This Year
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Car repossessions rocketed higher in the first half of the year, a sign of rising consumer distress as the Fed weighs rate cuts. So far in 2024, repos are up 23% compared with the same period last year, according to data from Cox Automotive. Claire Ballentine has more.
How Inflation Impacts Your Financial Plan And What To Do About It
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Since 2020, many investors have expressed concerns about inflation. Here is how it impacts your financial plan and some steps you can take to reduce its impact.
Eight Tips For Planning Your Retirement When You Don’t Have Children
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When you don’t have children to help you through your golden years, your retirement planning may look slightly different.
How do I prove that a 529 distribution request is for college expenses and not some other purpose?
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All 529 plans have procedures to ensure that a withdrawal is being used for the beneficiary’s qualified education expenses. Most plans will send a check directly to the educational institution. Others may send a check to you that you can then forward to the college. Your plan administrator can tell you what procedures you must […]
The Rich Investor Club Is Getting Crowded
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More US households than ever qualify as accredited investors. Asset managers are thrilled, but democratization has downsides.
The economics of the tennis v pickleball contest
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Don’t hate the new players—or the new game.