Are you happy or sad that your monthly Social Security check next year will be approximately 1.2% higher than it is this year? Your answer no doubt depends on whether you look at the glass as half full or half empty. Had the Social Security Administration set next year’s COLA …
Read More »Brett Arends’s ROI: How to retrain for your next career in three months — free
Owen Wilson and Vince Vaughn as Those Middle-Aged Interns A friend in her 50s recently abandoned plans to change career. Although she’s well educated, with a master’s degree, and has plenty of technical skills, retraining was going to require a commitment of four years to get another degree. In your …
Read More »Jonathan Burton’s Life Savings: Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years
Ray Dalio certainly is no radical idealist, but in his frequent writings and media appearances the veteran investor consistently calls for Americans to rewrite their longstanding contract with capitalism so that it is fairer and more generous to more people. Otherwise, he predicts, life in the U.S. could become more …
Read More »FA Center: Why the COVID-19 ‘baby bust’ could impact stock prices for the next 30 years
The stock market will be feeling the impact of COVID-19 for decades to come. That’s because the pandemic is causing the U.S. birth rate to fall. A report from the Brookings Institution, predicts between 300,000 and 500,000 fewer births in 2021, calling it the “Covid Baby Bust.” You have plenty …
Read More »Some Americans have started to receive the extra $300 in unemployment — if you live in these states, you’re next on the list
More than 250,000 unemployed people in Arizona became the first Americans to receive an extra $ 300 in weekly unemployment benefits on Monday following executive actions taken by President Donald Trump. An executive order that Trump signed Aug. 8 calls for distributing an additional $ 300 in weekly unemployment benefits …
Read More »The Moneyist: My friends’ wedding reception was canceled. They’re having a small ceremony next month. I’m invited to a party next year. Do I send a gift?
Dear Moneyist, A friend of mine is getting married next month with a handful of guests, mainly family and close friends. The wedding itself was put off because of the coronavirus pandemic, but they are having a large party next year. I was only invited to the party next year. …
Read More »Here’s how PayPal hopes to turn Venmo into the next PayPal
PayPal Holdings Inc. has built itself into a financial juggernaut during the COVID-19 pandemic, and it’s now worth more than Walt Disney Co., Netflix Inc. and every U.S. bank except JPMorgan Chase & Co. If PayPal PYPL, +1.84% can get bigger, it will likely depend on its own Venmo brand …
Read More »: Vodafone plans IPO for towers business in Frankfurt next year
(FILES) In this file photo taken on January 30, 2018 The logo of British mobile phone giant Vodafone welcomes visitors at their retail shop in central London ben stansall/Agence France-Presse/Getty Images Vodafone Group on Friday said it would list its towers infrastructure business in Frankfurt next year. Vodafone VOD, -3.02% …
Read More »Need to Know: After that 41% ‘moonshot’ for stocks, here’s what one strategist is telling investors to do next
Our call of the day comes from David Donabedian, chief investment officer at CIBC Private Wealth Investment, who tells MarketWatch that the V-shaped market we’ve seen since February — “an almost perfect peak” of a 34% decline followed by a 41% recovery for the S&P 500 SPX, -0.56% through June …
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