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Your Money

Articles to keep you informed about trends and help you manage your money

sprint-zte-optik_02
Business HeadlinesYour Money

published Aug 9, 2017 5:00:07 AM, by Alex Sherman, Scott Moritz and Gerry Smith (Bloomberg) — As The Bachelorette wraps up another season, a mating dance is developing in the telecommunications world. SoftBank is desperate to find a match for Sprint, the fourth-largest U.S. wireless company, of which it owns

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401K IRA and Annuity words on three red dice to illustrate risk and chance in savings for retirement with interest bearing accounts
Business HeadlinesYour Money

published Aug 3rd 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —It’s happened again: Retirement savings account balances have hit all-time highs. A string of record 401(k) and IRA account totals now stretches across three consecutive quarters, according to second-quarter data from Fidelity Investments. The data covers 22,155 companies and 15.1

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Tax Shelter
Business HeadlinesYour Money

published Aug 4th 2017, 9:42 am, by Suzanne Woolley (Bloomberg) —Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need.

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Old Tractors
Business HeadlinesYour Money

published Aug 3rd 2017, 4:58 pm, by Alan Bjerga and Dominic Carey (Bloomberg) —Ready to quit the city, buy a farm and live out your rural fantasy? Bargains can be found in South Dakota, but you better move quickly in California, which is getting pricey. Average farmland values nationwide have

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bigstock-Portrait-of-happy-old-senior-c-41913742
Business HeadlinesYour Money

published Aug 1st 2017, 4:45 am, by Ben Steverman (Bloomberg) —Millions of American workers are frozen out of their companies’ pension plans. Maybe you get a 401(k), if you’re lucky. But the traditional pension is dead. Unless, perhaps, you’re already retired. It still lives for millions of older Americans who worked and qualified for

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Man Making Profit in Business
Business HeadlinesYour Money

published Jul 26th 2017, 12:45 pm, by Noah Smith (Bloomberg View) —Does market-beating performance disappear as an asset manager gets big? This is a crucial question for investors and for the finance industry. Most introductory finance classes, or personal finance tutorials, start with an explanation of compound interest. They show

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Stacks of new 100 US dollar banknotes
Business HeadlinesYour Money

published Jul 26th 2017, 3:00 am, by Katie Robertson (Bloomberg) —The first time Amelia Howells ever wrote a check, she was 28 years old and standing in a Connecticut apartment leasing office, with no idea what to do. The British expat had just moved to the U.S.; she’d never had

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Social Security Card
Business HeadlinesYour Money

published Jul 18th 2017, 11:01 pm, by Suzanne Woolley (Bloomberg) —Retirement security in the U.S. took a significant hit in a global ranking, falling three notches to No. 17 among 43 developed countries. The fifth annual Global Retirement Index ranking from Natixis Global Asset Management has Norway, Switzerland, and Iceland holding

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bigstock-Two-Women-3375592
Business HeadlinesYour Money

published Jul 19th 2017, 4:00 pm, by Melissa Cheok (Bloomberg) —Start your day with what’s moving markets in Asia. Sign up here to receive our newsletter. When it comes to raising funds from large groups of anonymous donors over the internet, women come out tops. That could be a boon for

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Business HeadlinesYour Money

published Jul 18th 2017, 11:10 am, by Noah Smith (Bloomberg View) — When it comes to economics, we spend most of our time thinking about better ways to organize human activity. This is the main purpose of debates about minimum wage, universal health care, deregulation, taxes and other common economic

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