Tag Archives: cost

How inflation impacts the cost of Valentine’s Day celebrations

With prices at historic highs, Valentine’s Day is likely to cost you extra this year. But if you’re up for a romantic night in, the bill may not be as bad as you think. According to data from LPL Financial, despite decades-high inflation levels, the holiday remains “relatively affordable,” compared to inflation in the broader economy. The firm’s Valentine’s Day Index, which tracks the annual prices of four ways to celebrate — jewelry, a night in, a night out, and a vacation… Source link

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Crypto scams, hacks cost investors $14 billion in 2021

Soaring retail and institutional interest in cryptocurrency last year also led to a boom in criminal activity that cost investors billions, underscoring the urgency of efforts to regulate the digital coin movement.  According to research firm Chainalysis, cryptocurrency addresses associated with illegal activity accumulated $14 billion. But when weighted against all cryptocurrency activity, the figure accounted for a relatively paltry 0.15% of total funds changing hands on any blockchain —… Source link

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Thanksgiving turkey, food should be plentiful, but may cost ‘quite a bit’ if you haven’t gotten yet

Thanksgiving 2021 is already here and consumers are flocking to the stores to get last minute items. Yet given surging prices and the supply crisis that’s resulted in shipping bottlenecks, will there be anything left? According to experts, the answer is — there should be. “Consumers are are not really panic buying, but they’re buying in anticipation of not having it,” Pedro M. Reyes, associate professor of business at Baylor University, told Yahoo Finance. In many U.S. grocery stores,… Source link

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Here’s the cost of going unvaccinated

Delta Air Lines broke new ground recently by requiring unvaccinated employees to pay an extra $200 per month for company-provided health insurance. That may be a bargain for workers refusing to get vaccinated against Covid-19. The average cost of hospitalization for Covid-19 is around $20,000, according to recently published data from the Kaiser Family Foundation. At $200 per month, it would take 100 months of added premiums, or more than 8 years’ worth, to cover the cost of a Covid… Source link

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4 common misconceptions about Social Security that can cost thousands

What you don’t know about Social Security could cost you tens of thousands of dollars in retirement income, a new survey found. “What is overlooked is just the very basic fundamentals, which are Social Security and retirement age,” Christian Worstell, content writer for HelpAdvisor.com and report author, told Yahoo Money. “There’s a lack of awareness around it.” Six out of 10 seniors agree that the Social Security program is “difficult to understand and confusing,” while only 12%… Source link

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Wells Fargo account closures cast light on vague cost of a credit score hit

This month Wells Fargo (WFC) announced it was shutting down personal lines of credit, a lending product consumers could use to consolidate debt, pay for surprise expenses, or even use as a checking overdraft safety net.  The decision was made after an early 2020 review of its businesses, where the bank found that personal lines of credit weren’t as popular as loans, and only 40% of account holders had balances, a bank spokesperson told Yahoo Finance. (The main difference between a personal… Source link

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Apple and Google’s New AI Wizardry Promises Privacy—at a Cost

Since the dawn of the iPhone, many of the smarts in smartphones have come from elsewhere: the corporate computers known as the cloud. Mobile apps sent user data cloudward for useful tasks like transcribing speech or suggesting message replies. Now Apple and Google say smartphones are smart enough to do some crucial and sensitive machine learning tasks like those on their own. At Apple’s WWDC event this month, the company said its virtual assistant Siri will transcribe speech without… Source link

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Apple’s and Google’s New AI Wizardry Promises Privacy—at a Cost

Since the dawn of the iPhone, many of the smarts in smartphones have come from elsewhere: the corporate computers known as the cloud. Mobile apps sent user data cloudward for useful tasks like transcribing speech or suggesting message replies. Now Apple and Google say smartphones are smart enough to do some crucial and sensitive machine learning tasks like those on their own. At Apple’s WWDC event this month, the company said its virtual assistant Siri will transcribe speech without… Source link

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Experts reveal horrific cost of Covid drop

New Covid-19 cases are declining across the United States, even in some states with vaccine-hesitant populations, but experts say the nation paid for the situation “with deaths”. But almost all states bucking that trend have lower-than-average vaccination rates, and experts warn that relief from the pandemic could be fleeting in regions where few people get inoculated. Case totals nationally have declined in a week from a seven-day average of nearly 21,000 on May 29 to 14,315 on Saturday,… Source link

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