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In this article HOOD GME Rafael Henrique | LightRocket | Getty Images The Securities and Exchange Commission said online brokerages, enticed to increase revenue through the controversial industry practice of payment for order flow, are turning stock-trading into a game in order to encourage activity from retail investors. Wall Street’s main regulator on Monday released its
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Take a look at some of the biggest movers in the premarket: Zillow (Z) – Zillow slid 6.4% in premarket trading, following a Bloomberg report that the company has temporarily stopped its home-buying service due to overwhelming demand. Revance Therapeutics (RVNC) – Revance shares plunged 33.2% in the premarket after the Food and Drug Administration
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A worker carries lumber as he builds a new home in Petaluma, California. Getty Images Rising interest rates will result in a sharp drop in refinance demand in 2022, meaning a lot less business for mortgage bankers, according to the Mortgage Bankers Association’s just-released annual forecast. It predicts total origination volume will drop 33% to
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U.S. Secretary of State Colin Powell gestures as he addresses the Security Council February 14, 2003 at United Nations headquarters in New York City. Stephen Chernin | Getty Images WASHINGTON – Colin Powell, who was the first Black secretary of State and chairman of the Joint Chiefs of Staff, has died from Covid complications at the
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In this article MORN BraunS | E+ | Getty Images Many Hispanic Americans aren’t saving enough — or at all — for retirement. More than two-third of Hispanic households aren’t putting aside anything through workplace savings vehicles such as 401(k) plans, a Morningstar report found. Private retirement plans like individual retirement accounts aren’t filling the
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VALERIE MACON | AFP | Getty Images People who collect Social Security are about to see bigger checks. The cost-of-living adjustment in 2022 will be 5.9%, the Social Security Administration said Wednesday. The bump, which will help beneficiaries keep up with rising costs due to inflation, is the largest increase in about 40 years. The
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Still from Universal and Blumhouse’s “Halloween Kills.” Universal Audiences flocked to theaters over the weekend to see Universal and Blumhouse’s latest horror flick “Halloween Kills.” The sequel to 2018’s “Halloween” generated an estimated $50.35 million in ticket sales during its domestic debut despite also being made available on Universal’s streaming platform Peacock over the weekend.
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Don Bayley | Vetta | Getty Images This week’s announcement of the highest Social Security cost-of-living adjustment since 1982 was welcome news for retirees. It will help alleviate the financial pinch many are feeling. Beneficiaries in 2022 will receive a 5.9% boost to their checks. That’s up from a 1.3% benefit increase for 2021. Even
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Sarah Ostrowski was convinced to finally get vaccinated after reading numerous stories on Reddit’s r/HermanCainAward of unvaccinated people dying from Covid-19. Courtesy of Sarah Ostrowski For most of the pandemic, Sarah Ostrowski went to her full-time gas station job in Indiana, accepting the risk of being unvaccinated. Many times a day she interacted with customers
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Ron DeSantis, Greg Abbott and Glenn Youngkin Paul Hennessy | SOPA Images | LightRocket via Getty Images; Lucas Jackson | Reuters; Win McNamee | Getty Images A science advocacy group that has supported Democrats is launching a $10 million campaign that includes pushing four Republican governors and a GOP gubernatorial candidate to reject conspiracy theories
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The North Korea leader’s temporary disappearance and rumours of ill health have put the spotlight on his sister Kim Yo Jong as a potential successor. The FT’s Korea and Washington correspondents talk to Jung Pak, author and former CIA officer. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a
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In this article COIN Grandbrothers | iStock Editorial | Getty Images Kenny Schachter, an art dealer, columnist for Artnet and self-proclaimed nonfungible tokens evangelist, believes that the digital works could eclipse the traditional art market within five years. This month cryptocurrency exchange Coinbase and the auction house Sotheby’s, which has been around since 1744, both
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