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Key points to remember Ethereum is on the verge of transitioning from the Proof-of-Work (PoW) model to the Proof-of-Stake (PoS) model. The network’s third and final testnet, Goerli, successfully transitioned to PoS on August 11, 2022. Ether rose 14% in 24 hours after the announcement of the successful final merger. To pass from Proof of…
Today the 401(k) is a standard way Americans save for retirement. Because these plans offer tax benefits and potential employer consideration, many investors aim to maximize their contributions or contribute up to the annual Internal Revenue Service (IRS) limit. For 2022, the contribution limit is $20,500 per year for workers under age 50 and $27,000…
Do You Really Need Fixed-Income Funds in Your 401(k)? When managing your 401(k), understanding the range of investment options can help maximize your retirement savings. Fixed-income funds may not always be the first choice but can play a crucial role, especially as retirement nears and risk reduction becomes a priority. So, are fixed-income funds right…
In his latest results, Disney said it added 14.4 million subscribers to Disney+ during the third fiscal quarter, bringing the total number of subscribers to 152.1 million, more than the 147 million analysts had expected. However, at the same time, its direct-to-consumer division, which includes streaming units, lost more money than in previous years. According…
VantageScore Excluding Medical Bills from Credit Scores: A New Era in Credit Scoring In recent developments, VantageScore—the widely recognized credit scoring model—has announced a landmark shift by excluding medical bills from its credit score calculations. This significant update aims to enhance credit fairness and reliability, especially for individuals burdened by medical debt. This move aligns…
Disney Earnings: What Happened with DIS Disney, a household name synonymous with entertainment, magic, and innovation, also has a significant role in the financial markets. Listed under the ticker symbol DIS, Disney’s quarterly earnings reports attract the attention of both seasoned investors and curious beginners, making it crucial to understand the factors influencing its performance….
If you need access to some of the money you have accumulated in your 401(k), you can use a short-term loan that you pay back with money from your paychecks. Borrowing from your 401(k) can often be a better alternative for getting cash than using higher interest rate loans like title loans, payday loans or…
Introduction to Cryptocurrency and Its Role in Global Trade Cryptocurrency has evolved from a niche financial asset to a significant player in global finance. From Bitcoin’s rise in 2009 to the emergence of stablecoins and central bank digital currencies (CBDCs), crypto has rapidly transformed how transactions occur across borders. As cryptocurrencies gain momentum, their impact…
Best Personal Loans for Bad Credit: Top Options for 2024 Bad credit can make it challenging to access personal loans, but a poor credit score doesn’t have to close off all borrowing options. Many lenders understand that bad credit can be temporary, and they offer financial solutions for those looking to rebuild credit or secure…