That’s why the US $ 39 trillion pension system gets a C + rating

Siriporn Wongmanee / Eyeem | Eye | Getty Images The US pension system may seem flat, yet it ranks poorly in relation to those of other developed nations. Overall, Americans had more than $ 39 trillion in wealth set aside for old age at the end of 2021, according to the Investment Company Institute. However, … Read more

These are the assets that investors turn to for protection in the latest market defeat

Market volatility this year left investors with few places to hide, weighing on stocks and bonds. The decline also affected other traditional safe haven assets such as gold. For those adhering to a traditional 60% equity and 40% bond portfolio structure, the year was painful. The iShares Core Growth Allocation ETF, which mirrors a 60/40 … Read more

What happened to the 2 dollar bills?

New York CNN business – Inflation has made it difficult to buy a lot with a dollar these days. The $ 1 pizza has disappeared. Dollar stores are no longer dollar stores. So wouldn’t it make more sense to start paying with $ 2 bills instead? “If you had a $ 2 bill, great,” said … Read more

Here’s what’s in the Biden framework for regulating cryptocurrencies

United States President Joe Biden visits Marine One at the White House after a trip from Michigan, Washington, United States on September 14, 2022. Tom Brenner | Reuters The Biden White House has just released its first ever picture of what cryptocurrency regulation in the United States should be like, including how the financial services … Read more

Biden plans floating platforms to expand offshore wind power

WASHINGTON (AP) – The Biden administration on Thursday announced plans to develop deep-ocean floating platforms for wind towers that could power millions of homes and greatly expand offshore wind in the United States. The plan would cover sites in the Pacific Ocean off the coast of California and Oregon, as well as the Atlantic in … Read more

The stock market may rise big in the fourth quarter, but there will be more pain sooner

The stock market may still see a fourth quarter rally, but it is likely that it will feel more pain first. Strategists following the charts say Tuesday’s big sell-off was negative and signal further sales ahead of time. But the market could also hit a low to pivot from in the next two weeks, and … Read more

Pre-market equities: Ukraine’s victories are thrilling on Wall Street. The thrust may soon wear off

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can subscribe right here. You can listen to an audio version of the newsletter by clicking on the same link. London CNN business – Last week, Ukrainian troops dealt a severe blow to Russia’s take over parts … Read more

Pre-market stocks: The Fed is fighting inflation. Could deflation be his next fight?

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can subscribe right here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business – Federal Reserve Chairman Jerome Powell has a big problem and can’t help … Read more

European markets open to close US inflation data, earnings and news

Ocado shares drop after the sell notice due to cost-of-living pressures Ocado vans in London on 21 January 2022. Mike Kemp | In the pictures | Getty Images UK food delivery company Ocado led early European equity losses after forecasting a small drop in sales for 2022 and “close to break even” gains. The company … Read more

The Twitter tipster will testify on Capitol Hill. Here’s what to expect

CNN – Twitter whistleblower Peiter “Mudge” Zatko will testify before Congress on Tuesday in his first public appearance since his bombing allegations against the social media company were reported last month by CNN and the Washington Post. Senate Judicial Commission lawmakers should question Zatko about his claims that Twitter has hidden security and privacy vulnerabilities … Read more