Personal Finance

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Talks of another stimulus package, to help cushion millions of people struggling amid the second wave of COVID-19, continues to gather steam in congress. The bipartisan push which has stalled in recent months is in a crucial stage, treasury secretary Steven Mnuchin having presented a White House proposal to Congress. Whitehouse Stimulus Proposal President Donald
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The U.S Exchange Traded Funds market has been a buzz of activities as investors eye broader market exposure to counter the exacerbated volatility levels. The uncertainty triggered by the COVID-19 pandemic has seen most investors turn to ETFs to diversify investment portfolios. ETFs For IPOs Likewise, the Initial Public market has also been heating up
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The United States job figures for November were released and there was a gain of 245,000 jobs for the month. This did lead to a lower unemployment rate but hiring itself fell to a seven month low, a near prophetic sign that the increase in coronavirus cases throughout the country is causing damage to the
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Governments and regulators, worldwide, are acknowledging that cryptocurrencies are here to stay. Likewise, it does not come as a surprise that some have hit the ground running, trying to set up a regulatory framework to govern the burgeoning segment. South Korea Financial Services Commission is emerging as one of the most aggressive on this front.
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Inspire Brands, the owner of Arby’s Buffalo Wild Wings and Sonic Drive-In, has moved to expand its portfolio of 11,000 restaurants. The private company has reached an agreement to acquire Dunkin Brands Group Inc. (NASDAQ:DNKN) in an all-cash value deal valued at $8.76 billion. Inspire Brands- Dunkin Brands Merger The deal represents a 20% premium
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Results and analysis are in for the first month of consumer spending after the $600 unemployment boost was out, and what happened shouldn’t be a surprise to many. Spending levels in households that were employed remained relatively flat but those who received the unemployment are burning through the savings they grabbed at an alarming rate.
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This week in the labor market jobless claims jumped another 53,000 to 898,000 for the week ending October 10th, after the initial tally of 845,000 and industry experts expected around 800,000. That level of increase is likely because of more widespread outbreaks of COVID are affecting the job market like they did in March and
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Hacking personal finance is crucial if one is to survive whatever life throws at them at a time when the global economy appears to be in turmoil. Successful financial planning is all about figuring goals first and then determining the necessary steps needed to achieve them. Likewise, Money Hacks by Lisa Rowan and Psychology of Money by Morgan Housel
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The real estate industry has been a buzz of activities amid the economic uncertainty triggered by the COVID-19 pandemic. Unlike in 2009, whereby real estate fuelled economic recession, the industry’s activities have continued to edge higher on Investors moving to buy highly discounted properties. Likewise, firms and funds are increasingly offering ways for investors to
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