It’s great to be automatically enrolled in your company’s retirement plan, but it can backfire
We all know what inertia means. That’s when an object at rest tends to stay at rest. If that object is you, it means you keep doing what you’re doing, whether it’s watching TV or leaving your retirement plan untouched. After all, why bother? They know all about inertia in the retirement plan industry. Only […]
Money Matters: Protecting your savings
Protecting your hard-earned savings is important. One part of protecting your savings involves following the Federal Deposit Insurance Corporation (FDIC) rules. In general terms, deposit accounts at banks and savings and loan associations are insured by the FDIC up to $250,000 per depositor per bank. Included are demand deposits and time deposits. Demand deposits are […]
3 Disadvantages of Claiming Social Security at 70
For better or worse, Social Security is the nation’s most important social program. With more than 62 million current recipients, Social Security is responsible for keeping an estimated 22.1 million of these folks above the federal poverty line each and every month, based on an analysis from the Center for Budget and Policy Priorities. Furthermore, […]
Despite Strong Economy, Two-Thirds of Americans Are Behind on Retirement Savings
The news on the job front has been overwhelmingly positive in recent months, with unemployment at a low and work opportunities abounding left and right. But despite these solid economic conditions, working Americans still are struggling to save adequately for retirement. Two-thirds of U.S. households have less than $100,000 set aside for their golden years, […]
Google trainee puts up dummy advert by mistake
A Google training exercise that went wrong meant a dummy advert was placed on a “huge number” of webpages and apps, the Financial Times has reported. The mistake meant a blank yellow rectangle was active on the sites and apps for about 45 minutes on 4 December, it said. The ad was only visible to […]
Focusing on the negative is good when it comes to batteries
A new battery concept based on fluoride ions may increase battery lifespans Imagine not having to charge your phone or laptop for weeks. That is the dream of researchers looking into alternative batteries that go beyond the current lithium-ion versions popular today. Now, in a new study appearing in the journal Science, chemists at several […]
High-temperature electronics? That’s hot
From iPhones on Earth to rovers on Mars, most electronics only function within a certain temperature range. By blending two organic materials together, researchers at Purdue University could create electronics that withstand extreme heat. This new plastic material could reliably conduct electricity in up to 220 degrees Celsius (428 F), according to a paper published […]
Cyber crooks increasingly targeting home devices: report
Cyber security agency says manufacturers choosing convenience over security Cyber criminals are shifting their attention from traditional computers to internet-connected devices in Canadian homes, says the government’s cyber security agency. In its threat assessment for 2018, the newly created Canadian Centre for Cyber Security says devices connected to the internet — such as a growing […]
U.S. adds 179,000 private-sector jobs in November: ADP
Data on jobs was in line with economist estimates The numbers: Private-sector employment stayed strong in November, as employers added 179,000 jobs, payrolls processor Automatic Data Processing Inc. reported Thursday. The gain was in line with forecasts from economists polled by Econoday. October’s gain was revised slightly to show 225,000 growth instead of a previously […]
Why currency experts expect the dollar to struggle in 2019
With many of its supportive themes for the U.S. dollar dissipating as 2018 draws to a close, currency analysts are beginning to brace for a weaker buck in 2019. The dollar is on track for its best annual gain in about three years after an abysmal 2017 when the buck, as measured by ICE U.S. […]