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Bill Oxford / Getty Images/iStockphoto So you think you know all you need to know about Social Security? If so, congratulations – you are in the minority when it comes to knowledge of the nation’s biggest retirement benefits program. See: Social Security Cost-of-Living Adjustments Aren’t Enough to Pay Higher Costs for SeniorsFind: Next Year’s Social Security Checks Could Get Biggest COLA Bump in 13 Years A new study released by the Nationwide Retirement Institute found that most… Source link

In this article, we discuss the 10 biggest hedge fund casualties of Reddit WallStreetBets’ short squeezes. If you want to skip our detailed analysis of these hedge funds, go directly to the 5 Biggest Hedge Fund Casualties of Reddit WallStreetBets’ Short Squeezes. Hedge funds have suffered billions in losses this year in a fierce stock market showdown with retail investors on internet platforms like Reddit and Twitter over the past six months. These battles have usually centered around stocks… Source link

A reverse mortgage loan is a potential way for an American senior at or over the age of 65 to tap into their home’s equity to help with their goals in funding retirement, and can provide a viable option for those seeking to bolster their cash flow while living on a fixed income. However, there are potential drawbacks that need to be considered prior to entering into such a loan. This is according to a column published by GOBankingRates and appearing in Yahoo Finance. One thing that… Source link

One of the most widely used charts for predicting massive future bitcoin price gains is showing the largest divergence since January 2019.  The bitcoin stock-to-flow model currently suggests that the price of bitcoin should be around $77,900. But as of Monday, the cryptocurrency was trading at $33,668, well off the all-time high price of $64,829 reached in April.  Crypto analyst ‘PlanB’, who has been documenting his stock-to-flow model since March 2019, tweeted that BTC/USD is now the… Source link

Topline Proposed anti-doxxing laws could soon make Hong Kong an unsustainable place to do business, warned an industry group representing some of the world’s largest tech companies—including Amazon, Apple, Google, and Facebook—in the latest sign of growing dissatisfaction as Beijing tightens its hold on the city. Hong Kong’s anti-doxxing law has been criticized as overly restrictive. getty Key Facts In a letter to Hong Kong’s data protection commissioner seen by… Source link

(Bloomberg) — Pfizer Inc.’s vaccine was less effective at keeping people from getting the coronavirus in Israel in recent weeks, but it continues to provide a strong shield against severe Covid-19, according to government data. The vaccine protected 64% of people against the illness between June 6 and early July, down from a previous 94%. The drop was observed as the delta variant was spreading in Israel, the Health Ministry said. It also coincided with the lifting of virus restrictions at… Source link

In this article, we discuss the 10 stocks Michael Burry is selling. If you want to skip our detailed analysis of Burry’s history, investment philosophy, and hedge fund performance, go directly to the 5 Stocks Michael Burry is Selling. Michael Burry, the chief of California-based Scion Asset Management, has been in the news recently after regulatory filings revealed that he had PUT options on more than 800,000 shares of Tesla, Inc. (NASDAQ: TSLA), the electric vehicle maker owned by… Source link

GENEVA, July 5 (Reuters) – The forced grounding of a passenger plane in Minsk shows the Belarussian government’s wish to end all forms of dissidence, the U.N. Special Rapporteur told the Human Rights Council on Monday, comparing its tactics with those of totalitarian states. Anaïs Marin told the Geneva-based forum that the forced landing of a passenger jet in Minsk which led to the arrest of an onboard journalist in May “illustrates the desire of authorities to end all forms of dissidence by… Source link

The amount of bitcoin held on exchanges has declined to a six-month low as the price of bitcoin has seen a 47% decline since its previous all-time high. Bitcoin held on exchanges has seen a continuous decline over the past couple of weeks. The supply held on exchanges has been declining since Mid-May. The current supply on exchanges based on the percentage of the total supply saw a new six-month low being hit.   Low supplies of BTC on exchanges is bullish On-chain analysis company Santiment Source link

A general view of the central financial district, in Hong Kong, China March 11, 2021. REUTERS/Tyrone Siu/File Photo July 5 (Reuters) – U.S. tech giants Facebook Inc (FB.O), Alphabet Inc’s (GOOGL.O) Google and Twitter Inc (TWTR.N) have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws, the Wall Street Journal reported on Monday, citing a letter. The laws could make the tech… Source link