insurance

The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …

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This fund beats the S&P 500 using only 75 of its constituents.  Here's how it works.

This fund beats the S&P 500 using only 75 of its constituents. Here’s how it works.

What worked well for years of a bull market through 2021 – the focus on growth, regardless of price – has come to a halt this year. The revival of the value investing style – and modest valuations overall – has taken hold. The approach adopted by the Invesco S&P 500 GARP ETF has paid …

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Stocks fall ahead of economic data

Stocks climb after unemployment insurance claims; Inflation data on deck

The Dow Jones Industrial Average gained more than 200 points on Thursday as energy stocks and China-exposed issues boosted early trade. Weekly jobless claims data from the Labor Department came in higher than expected. And Tesla stock briefly fell nearly 3% after Bloomberg reported the company had shortened Shanghai factory shifts and delayed new hires …

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Jobless claims, Costco, Broadcom results, China COVID - what

Unemployment Insurance Claims, Costco, Broadcom Earnings, China COVID – What’s Moving Markets By Investing.com

© Reuters By Geoffrey Smith Investing.com — U.S. releases weekly jobless claims amid tight labor market scare, Costco, Lululemon and Broadcom report results. China’s rally comes to a halt to catch its breath as investors focus on the risk of the spread of the COVID-19 virus and Vladimir Putin begins to shake his nuclear saber …

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Should you borrow money from a life insurance policy?

Should you borrow money from a life insurance policy?

You should know that not all life insurance policies can help you with loan facility. Karthik Raman, Head of Products at Ageas Federal Life Insurance, said: “You can usually take out a loan on life insurance policies that have a cash value at maturity. Traditional savings policies with and without participation provide a loan against …

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Can you still retire with $1 million?  That's what today's millionaires want to know.

Can you still retire with $1 million? That’s what today’s millionaires want to know.

OK, so a million dollars isn’t what it used to be. That’s the worry of a surprising number of American millionaires. At least that’s what fund management giant Natixis, which owns bond boutique Loomis Sayles, among other companies, reports. Natixis surveyed around 1,600 people with at least $1 million in “investable assets”. And just over …

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Here's how a hedge fund bucks the tide and beats the markets

Here’s how a hedge fund bucks the tide and beats the markets

Fund managers White Shoe Boston GMO – founded by Jeremy Grantham – are pulling the spotlight this year with their “equity dislocation” investment strategy. This strategy, unveiled almost exactly two years ago, buys the cheapest “value” stocks, then bets against the most expensive “growth” stocks. This “equity dislocation” portfolio gained a stunning 21% from October …

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No long term care insurance? 5 more ways to plan ahead for aging at home in retirement

American retirees who would rather age in place than live in a nursing home or assisted living facility will need a lot of money to pay for it. It’s not a problem for the rich. For everyone else, you need long-term care insurance or some other way to cover the cost of home help, equipment, …

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Ronald R. Assisi

Reform is needed to make the property insurance market sound

Ronald R. Assisi Home insurance is not a warranty policy. It is intended to make you whole again after suffering sudden and/or accidental damage to your home. Unfortunately, some unscrupulous contractors promise “free” roofs to Florida homeowners for “damage” that is simply wear and tear. Not to be outdone, there are prosecutors suing for this …

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How to keep your retirement on track in an unpredictable market

How to keep your retirement on track in an unpredictable market

Retirees and investors approaching retirement are under pressure this year. Inflation soared to multi-decade highs, stocks fell and bonds – a safe haven in normal times – crashed. The traditional portfolio of 60% stocks and 40% bonds had one of its worst years in a century. No wonder retirement investors are so gloomy. Americans say …

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