A Social Security Administration office in San Francisco. Getty Images The Social Security trust funds that about 67 million Americans rely on for benefits are scheduled to be depleted in 2034, one year earlier than was projected last year, according to the annual trustees’ report released by the Treasury Department on Friday. Unless Congress takes
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In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s president finds international ETFs are experiencing stronger inflows. “There is a little bit of performance chasing going on here, because broad international stocks have fairly
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In this article FLT Follow your favorite stocksCREATE FREE ACCOUNT Djelics | E+ | Getty Images Company: FleetCor Technologies (FLT) Business: FleetCor is a business payments company that helps businesses spend less by enabling them to manage their expense-related purchasing and vendor payments processes. The company operates through six segments: fuel, corporate payments, tolls, lodging,
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With high inflation, the threat of a recession and ongoing market volatility, we’re in a period of high financial uncertainty. Understandably, many investors “are pretty afraid right now,” said Brad Klontz, a psychologist and certified financial planner. And when we’re stressed, our frame of reference tends to become short, said Klontz, who is also a
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In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit crew poses at the opening bell ceremony as a 70 foot model rocket with satellites is placed in front of the NASDAQ in Times Square of New York City, United States on January 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images
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Ben Hasty | MediaNews Group/Reading Eagle via Getty Images The Treasury Department on Friday proposed new rules for determining which EVs will be eligible for tax credits under the new “critical mineral” and battery component requirements included in last year’s Inflation Reduction Act. While the Treasury Department hasn’t yet said which vehicles are eligible for
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Bill Gates says totally driverless cars, without need for even a steering wheel, are “coming sooner rather than later.” The tech billionaire and Microsoft co-founder recently took a “test ride” in an autonomous vehicle through the busy streets of downtown London, which he described in a blog post on Wednesday as “one of the most
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