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By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged me on Facebook a couple of years ago and asked, “Hey, have you applied for your pension?” We had worked together 35 years ago in the credit department of a major bank. I replied, “Pension?…

GRAPEVINE, Texas — When shoppers walk into Sam’s Club’s newest store, they’ll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes.Welcome to the Walmart-owned membership club’s first all-digital store — and a preview of what could be its future.Inside the club, which will open in…

Elevated mortgage rates and higher home prices have made owning a home feel increasingly out of reach for many Americans. Last month, the Federal Reserve cut its benchmark interest rate by half a percentage point and signaled that more cuts are coming. But post-pandemic inflation has left scars on the…

This article was written byFollowCDT Capital Management is an unlevered, long-only U.S. equities hedge fund specializing in decoding insider activity. With unfettered real-time access to operations, we believe that corporate insiders possess and routinely exploit an asymmetric information advantage over the rest of the market. Our value investing approach aims…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs has upgraded its expectations for Chinese stocks, telling investors that shares could go a further 20 per cent higher after a historic rally following Beijing’s pledge to do more to…

Surprisingly, many retirees return to work for reasons other than finances. According to T. Rowe Price’s March report, “ ‘Unretiring’: Why Recent Retirees Want to Go Back to Work,” 20% of retirees are working and 7% are actively seeking work. While many people work in retirement for financial reasons, the…

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