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It takes a lot of money to be financially secure in old age. Federal Reserve data suggests that to be financially secure in retirement, people will likely need more than $500,000 in savings. In assessing how retirees are faring, it is important to go beyond simply asking people how they…

Listen below or on the go on Apple Podcasts and Spotify BlackRock (BLK) to buy data provider Preqin in $3.2B deal. (00:24) Boeing (BA) agrees to Spirit AeroSystems (SPR) takeover for $37.25 a share. (01:05) EU to charge Meta over ‘pay or consent’ model – report. (02:04) This is an…

French markets rallied and the euro climbed against the dollar as investors bet that the far right could fall short of an outright majority despite its first-round victory in parliamentary election on Sunday.Marine Le Pen’s Rassemblement National came top with 33.2 per cent of the vote, ahead of the leftwing…

One of the most common emotions connected with money isn’t excitement, fear or even uncertainty. It’s ‘shame.’ This shame around money can cause deep havoc to the financial wellbeing because it’s often mixed with another common theme for American savers: A lack of financial education and knowledge. Both of these…

FNDC strategy Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) started investing operations on 08/15/2013 and tracks the RAFI Fundamental High Liquidity Developed ex US Small Index. As of writing, it has 2017 holdings (including cash in various currencies), a 30-day SEC yield of 2.32% and a total expense ratio of…

Stay informed with free updatesSimply sign up to the Global inflation myFT Digest — delivered directly to your inbox.Central banks should avoid cutting interest rates too soon owing to the risk of a fresh flare-up in inflation, the Bank for International Settlements has warned, as policymakers around the world weigh…

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