Month: August 2021

Kristine Davis, a spacesuit engineer at NASA’s Johnson Space Center, wears a ground prototype of the new Exploration Extravehicular Mobility Unit (xEMU), during a demonstration on Oct. 15, 2019. Joel Kowsky / NASA Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current
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Getty Images Young investors are flocking to social media platforms like TikTok, Instagram and Reddit for financial advice. In fact, one-third of Americans trust social media to help them make financial decisions, and 32% trust social media influencers and celebrities’ financial advice, a survey from investment firm TIAA found. Navigating the slew of recommendations can
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Customers at the bar in Philadelphia restaurant Martha, which requires customer proof of vaccination, on Aug. 7, 2021. Hannah Beier | Reuters Business are getting creative in their efforts to attract and retain workers amid a labor shortage caused by the coronavirus pandemic. Ray Bales, president of a Seniors Helping Seniors franchise in Knoxville, Tennessee,
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Yes, COVID-19 makes the advice to work longer in old age a cruel suggestion since older workers were hardest hit in the 2020 recession. But it isn’t just COVID-19 that makes it difficult, the labor market has been forcing older workers out for years. The obsession with telling people to work longer because they don’t have
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Despite the pandemic, many Gen Z’ers are graduating from college and setting their course for success. This is a generation of young people who know what they want out of life and have the financial literacy tools – from podcasts to online platforms – to save for retirement, maximize their savings and achieve their goals.  
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Families began receiving monthly Child Tax Credit (CTC) payments on July 15. For many, those regular payments—currently permitted through the end of the year—will combat poverty and help families keep current on monthly bills without having to borrow. But because the CTC depends on income, number of children, and marital status, some changes in family or financial
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Today’s column addresses questions about taking survivor’s benefits early before retirement benefits once they’ve increased, potential negative repercussions of taking spousal benefits and how to claim retirement benefits after taking spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize
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In what has become common practice, a handful of senators and Administration staffers tried over a few days to draft a highly complex bit of tax legislation in a (at least a metaphorical) backroom in the dark of night. The piece of the massive infrastructure bill just approved by the Senate would require some in
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The pandemic is not coming to an end soon — given that only a small proportion of the world population has been vaccinated against Covid-19, a well-known epidemiologist told CNBC. Dr. Larry Brilliant, an epidemiologist who was part of the World Health Organization’s team that helped eradicate smallpox, said the delta variant is “maybe the
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