How Much Income It Takes To Be One Of The Top 1% In Your State

MarketWatch
Worried about inflation? Here’s how investments did in the 1970s
In the 1990s movie The Shipping News, an old newspaperman explains to Kevin Spacey how to cover the news. Yes, the inflation forecasts were surging months ago, and hit 8-year highs. The bond market’s 5-year inflation forecast is now lower than it was in mid-March.
11h ago
The Guardian
Walmart told to pay woman with Down’s syndrome $125m for unfair dismissal
Wisconsin employee Marlo Spaeth wins discrimination lawsuit but Walmart says amount will be reduced to $300,000 Walmart spokesperson Randy Hargrove said the company was reviewing its legal options, as ‘the EEOC’s demands were unreasonable’. Photograph: Edgard Garrido/Reuters A jury in federal court in Wisconsin ordered Walmart to pay $125m in punitive damages to a former employee with Down’s syndrome in a disability discrimination lawsuit, US employment officials announced. Marlo Spaeth, who beg
6h ago
Bloomberg
‘A Lot of Very Young People’ Are Going to Buy the Dip in Stocks
(Bloomberg) -- Someday, the post-pandemic equities rally is going to end. When it does it will take a lot of newly christened stock bulls with it.Their refusal to bend has been the signature fact of the stock market for at least 12 months, putting a floor under four other selloffs in 2021 alone that look just like the one that has sheared almost 3% off the S&P 500 Index since Thursday. Whether the devotion of retail investors is enough to turn the tide again is the biggest question in markets ri
1h ago
MarketWatch
COVID-19 cases may cause an S&P 500 correction, analyst says. Buy these stocks in the next dip.
It’s a rough start to the week for markets. Stocks sold off in Asia and Europe, with Dow industrials futures tumbling more than 300 points to set the tone for a turbulent day ahead.
10h ago
USA TODAY
How much of a cut to social security benefits can you expect based on your age?
It’s not a new discovery that Social Security income will fall short of scheduled benefit. But there’s no need to overreact.
3h ago
MarketWatch
Money printing is a flawed experiment that’s done America more harm than good
Investors are captive to Modern Monetary Theory (MMT) and its convenient non-answers to the vexed issues of economic stagnation, unsustainable public finances and debt. People’s savings are underwritten by high asset prices, courtesy of this novel brand of economics. Nations cannot go bankrupt when it can print its currency.
2h ago
MarketWatch
Instead of no-Zoom Fridays and hiring bonuses, try these 2 words to keep workers from quitting for another job
For the first time in a generation, the power balance in the workplace has shifted to workers, and businesses who try to hold on to talent with perks like no-Zoom Fridays and signing bonuses for warehouse workers are falling behind. The data prove that a culture of recognition — both managers and peers recognizing each other and saying “thanks for the good work” — goes a long way toward increasing loyalty, mitigating burnout and making people feel valued. While your competitors squeeze their bottom lines in a salary arms race, consider how the power of recognition can attract and retain employees.
7h ago
Benzinga
Over 1,000 Cryptocurrency Rigs Destroyed By Malaysian Authorities Using A Steamroller
Authorities in Malaysia have destroyed 1,069 cryptocurrency rigs after they were confiscated in raids earlier this year. A steamroller was used to crush the hardware in the city of Sarawak, after the electric utility company of the Malaysian province accused the mining operators of stealing electricity for their activities. The operators allegedly stole RM8.4 million ($2-million) worth of energy from the company. Authorities say the operation was scattered across four locations and six suspects
1d ago
Barrons.com
IBM’s Revenues and Profits Beat Forecasts. Software and Services Were Key.
CFO Jim Kavanaugh said the environment for spending on information technology was encouraging, but cited challenges in some Asian markets.
1h ago
Investor's Business Daily
Best Dividend Stocks For 2021: Five Strong-Yield Stocks Beating The S&P 500
The best dividend stocks give a powerful boost to income and retirement portfolios. These stocks offer both solid yields and strong performance.
3h ago
Yahoo Finance
Yellen urges federal agencies to 'act quickly' on stablecoin regulation
The top U.S. financial regulators convened on Monday to expand discussions on a regulatory framework for stablecoins.
43m ago
MarketWatch
I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool
THE MONEYIST Dear Quentin, I read your column on a regular basis and feel almost out of league to be writing. Unlike most of your writers, I don’t have a huge or impressive portfolio. I am 61 years old.
17h ago
TipRanks
Goldman Sachs: These 3 Stocks Could Spike Over 60%
Just when we thought that COVID was starting to fade, the Delta variant has come our way. Is this the dreaded vaccine-resistant wave that will put economies back into lockdown? So far, at least, that doesn’t appear so – while this variant has shown the ability to infect people who are fully vaccinated, the vaccines have also shown efficacy in preventing serious illness, even from the Delta variant. What we’re looking at is an increase in cases, but a decrease in serious hospitalizations. Taking
1d ago
FX Empire
Bitcoin Mining Gets Easier As Difficulty Drops For Fourth Time In A Row
Bitcoin mining difficulty is down for the fourth consecutive time, making this period the easiest to mine Bitcoin since January 2020.
10h ago
Investor's Business Daily
Dow Jones Sinks 725 Points Amid Covid Delta Variant Fears; Virgin Galactic Blasts Off; AMC Dips
The Dow Jones plunged amid Covid Delta variant fears. Boeing stock dipped even as even as Virgin Galactic stock rose. AMC stock fell.
50m ago
Yahoo Finance
Housing: 'Santa Claus has come early for homeowners looking to refinance'
People looking to refinance now won't have to pay a fee that was implemented during the pandemic.
28m ago
MarketWatch
Dow books 725-point loss, worst day since October, as spread of delta variant and global tensions rattle investors
U.S. stocks close sharply lower, joining a global equity selloff, as concerns grow about the spread of the delta variant of the coronavirus that causes COVID-19, and as tensions ratcheted up between the U.S. and China.
33m ago
Reuters
China frictions steer electric automakers away from rare earth magnets
As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution - permanent magnets, sometimes smaller than a pack of cards, that power electric engines. Most are made of rare earth metals from China. China has grown to dominate production, and with demand for the magnets on the rise for all forms of renewable energy, analysts say a genuine shortage may lie ahead.
15h ago
MarketWatch
Reverse mortgages: Should seniors do it?
RETIRE BETTER I keep seeing Tom Selleck and Henry Winkler on TV hawking reverse mortgages. I’m pretty sure “Magnum P.I.” and “Fonzie,” now 76 and 75, respectively, don’t personally need the product they’re peddling—but what about you? What is a reverse mortgage, anyway? It’s a loan that a bank makes to you, backed by the equity in your home.
10h ago
Yahoo Finance
The American economy is booming, and so is business optimism
Optimism about the U.S. economy is abundant right now.
11h ago

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How Much Income It Takes To Be One Of The Top 1% In Your State

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Worried about inflation? Here’s how investments did in the 1970s

Walmart told to pay woman with Down’s syndrome $125m for unfair dismissal

‘A Lot of Very Young People’ Are Going to Buy the Dip in Stocks

COVID-19 cases may cause an S&P 500 correction, analyst says. Buy these stocks in the next dip.

How much of a cut to social security benefits can you expect based on your age?

Money printing is a flawed experiment that’s done America more harm than good

Instead of no-Zoom Fridays and hiring bonuses, try these 2 words to keep workers from quitting for another job

Over 1,000 Cryptocurrency Rigs Destroyed By Malaysian Authorities Using A Steamroller

IBM’s Revenues and Profits Beat Forecasts. Software and Services Were Key.

Best Dividend Stocks For 2021: Five Strong-Yield Stocks Beating The S&P 500

Yellen urges federal agencies to 'act quickly' on stablecoin regulation

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

Goldman Sachs: These 3 Stocks Could Spike Over 60%

Bitcoin Mining Gets Easier As Difficulty Drops For Fourth Time In A Row

Dow Jones Sinks 725 Points Amid Covid Delta Variant Fears; Virgin Galactic Blasts Off; AMC Dips

Housing: 'Santa Claus has come early for homeowners looking to refinance'

Dow books 725-point loss, worst day since October, as spread of delta variant and global tensions rattle investors

China frictions steer electric automakers away from rare earth magnets

Reverse mortgages: Should seniors do it?

The American economy is booming, and so is business optimism