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Seniors In Debt: A Newish And Growing Problem

Poverty rates rose for older Americans in 2021 and it was the only demographic group to experience rising poverty, according to the U.S. Census. Eroding pensions, increases in Social Security’s [...]

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Latin America’s inflation lessons for the G7

Latin America rarely leads the world in economic policy. The region has struggled to grow since the last commodity boom, lacks competitiveness and remains overdependent on raw material exports. [...]

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Why the stock market gets a red card during soccer’s World Cup

As if the U.S. stock market doesn’t already have enough to worry about, it soon will have to contend with the World Cup, which will be held in Qatar between Nov. 20 and Dec. 18 in Qatar. You [...]

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What Comes Next in the Fed’s Fight Against Inflation?

The Federal Reserve is expected to deliver a third straight supersize interest rate increase this week as it wages its most aggressive fight against inflation since the 1980s — and it could [...]

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After the tech sell-off: will growth investors keep the faith?

Growth investors are, by nature, optimistic. They believe we are living through a once-in-a-generation wave of technology-led change and that a small group of outlier companies can make [...]

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U.S. banks’ key performance metric set to turn around in second half

Wall Street banks look set to report better efficiency ratios in the second half of the year, a key metric that deteriorated as global economic gloom sapped income from traditional profit centers [...]

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There’s a new supercycle emerging for the economy, and these are the stocks that would benefit, strategist says

It’s been an interesting summer for financial markets — more or less, a series of mostly downbeat economic data led traders to think the Fed will ease off the pedal, though over the last week [...]

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Euro Falls Below Dollar As Europe Gears Up For Energy Crisis

TOPLINE The Euro fell below parity with the U.S. dollar on Monday for the second time this year as the Eurozone continues to face rising inflation while it prepares for a potential energy crisis [...]

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Joe Biden to cancel $10,000 of student debt for millions of Americans

Joe Biden’s administration will cancel $10,000 in student loan repayments for millions of Americans in a move that has pleased progressives but threatens to push up inflation. The US president [...]

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How to Handle a Bear Market in Retirement

Financial advisor Dan Sudit has a 60-year-old client who plans to retire this September from a career as a real estate developer. Over the past five years, the partner at Crewe Advisors in Salt [...]