Democrats are not satisfied with the economy. Yes, unemployment is way down and the stock market DJIA, +0.01% SPX, +0.01% is way up, but average hard-working Americans are still having a hard time getting ahead. Inequality has gotten so far out of hand that it’s become a drag...
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“Game of Thrones” was both an unprecedented achievement and old-school role model in the TV decade that’s rolling its final credits. Installments of the elaborately produced hit were doled out one at a time by an established outlet, premium cable channel HBO T, -0.23% . That was standard...
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The British pound GBPUSD, +0.2587% edged up to its highest levels since May on Tuesday, after jumping 2% since the beginning of the month on the prospect of a Conservative party parliamentary majority in the U.K. elections on Thursday. A Tory majority would avoid a repeat of...
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Delta Air Lines Inc.’s chief executive officer, Ed Bastian, says he’d like to offer Wi-Fi free on his airline’s flights, but right now it would crash the system. Speaking during a conversation this fall at the Economic Club of Washington, which aired on Bloomberg on Thursday, the 62-year-old...
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It’s fair to say there are several things we’d do differently if we were to go back and save for early retirement all over again, because we didn’t do this perfectly by any means. There are the things we’d do differently if we were starting right now, but...
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Rachel Gottlieb has worked in wealth management since 2002, but her most poignant money memory wasn’t of the financial crisis or the market meltdown late last year. It was when she was 10 years old. Her mother gave her $10 to buy ice cream with her friends. When she...
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A “blow-off top,” a fascinating financial phenomenon, occurs when an individual stock or broad-market index spurts higher accompanied by increased volatility and volume, and then makes a sharp fall. Although blow-off tops occur frequently with individual stocks, they are relatively rare for indexes such as the Dow Jones Industrial...
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For some time now, you’ve been able to draft an online will on a home computer via firms like Rocket Lawyer, Legal Zoom or FreeWill. But it still had to be signed with wet ink in front of a notary and witnesses to be valid. That’s on the cusp...
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A friend of mine recently joked that if somebody was planning a $40,000 wedding (about average, by some accounts), “Paul Merriman would say: Have a $1,000 wedding and put the other $39,000 into a Roth IRA that earns 10% for 40 years. You’d never have to add another dime...
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The numbers: The index of pending home sales dropped 1.7% in October from the previous month, the National Association of Realtors reported Wednesday. The decline comes after both August and September saw upticks in pending sales thanks largely to the favorable mortgage rate environment. The index captures transactions...
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