Why Stock Market Volatility Shouldn’t Scare You
Last week was a rocky one for the stock market. In a single day, the Dow dropped 832 points, which constituted one of the most substantial declines in its history. The S&P 500 and Nasdaq also took a beating, so much so that if you checked your portfolio at any point last week, there’s a […]
3 Financial Mistakes That Will Haunt You for Decades
We all make mistakes with our money from time to time. It may be choosing the wrong investment or spending a little too much on a shopping trip. If we’ve been responsible with our money up until this point, we can probably recover from these small mistakes. But some bigger financial missteps can be harder […]
Kiplinger’s Personal Finance: The 4 percent retirement solution
How do you tap a nest egg without depleting it too soon? To help new retirees navigate withdrawals, advisers often recommend the “4 percent rule” as a starting point. This strategy is designed to make a portfolio last 30 years — through bear markets and bouts of high inflation. The rule is simple. Retirees in […]
Denied a Raise? What to Do Next
We’re told time and time again that we shouldn’t hesitate to ask for more money at work when we feel we’re underpaid. But what happens when you muster up the courage to request a raise, only to have it denied? It’s a demoralizing situation, and one that can leave a very bad taste in your […]
Is blockchain the ‘least useful technology in history?’ Your mileage may vary
Blockchain has its problems, but is it really completely useless? Given that most companies are implementing a fake version of a decentralized, distributed ledger, they may have a point. Blockchain has its problems, but is it really the “most overhyped—and least useful—technology in human history,” as Nouriel Roubini contends? Or, is it merely a matter […]
Society has splintered with the rise of the internet, but technology is still key to ending loneliness
At a time when technology has brought us together in so many ways, some people feel less socially connected than ever before. That is why our strategy to tackle loneliness in England, published today, is so important. Spearheaded by Loneliness Minister Tracey Crouch, there will be a cross-Government effort to build a nation connected by […]
Digital technology essential to success of co-living, says Space10
Blockchain, 3D printing and other digital technologies are key to making shared housing models take off, according to research by IKEA’s innovation lab Space10. In the report Imagine: Exploring the Brave New World of Shared Living, the Copenhagen-based studio states that digital platforms and devices are essential to making co-living widespread enough to impact the […]
Learning Spaces Initiative will refresh classrooms, upgrade technology
Princeton University classrooms, and the technology inside them, are getting a makeover. Nearly 240 classrooms scheduled by the Registrar will be improved over the next five years as part of a Learning Spaces Initiative. The project will upgrade and standardize audiovisual technology as well as refresh furniture, lighting, acoustics and other features inside learning spaces. […]
U.S. budget deficit jumps to $779 billion
Outlays rose by $127 billion while revenue rose by only $14 billion The numbers: The U.S. recorded a $779 billion deficit in the fiscal year ending Sept. 30, an increase of $113 billion, as spending climbed while revenue remained nearly flat, the Treasury Department announced Monday. Outlays grew by $127 billion, or 3.2%, while government […]
Bitcoin jumps after credit scare; Fidelity enters crypto sphere
Bitcoin is trading at a 10% premium on the Bitfinex exchange Bitcoin rose sharply Monday after a credit scare on a major cryptocurrency exchange created a rush for the No. 1 digital currency. After beginning the day around $6,200, bitcoin BTCUSD, +1.10% traded to an intraday high of $6,960.68 on the Kraken exchange. However, on […]