Weekly Market Review – July 20, 2019
Stock Markets Corporate earnings announcements took the spotlight last week as U.S. stocks finished slightly lower overall. Bank earnings were early reporters of second-quarter earnings season with mixed results. Low credit losses coupled with solid loan growth reinforce a healthy consumer outlook – a good sign for the economy. Energy stocks were off, dragged down […]
Want to Retire a Millionaire? Follow These 4 Steps
Millionaire status was once reserved only for the rich and famous, but these days, you might need to have at least a million dollars in the bank to retire comfortably. Retirement is more expensive than ever, and the average American age 65 and up spends around $46,000 per year, according to the Bureau of Labor Statistics. If […]
You May Need More Retirement Income if This Scenario Applies to You
If you’ve been proactively planning for retirement, you’re no doubt aware that your golden years aren’t going to fund themselves. Rather, you’ll need a healthy amount of savings to cover the bills later in life, even if you’re expecting a pretty sizable series of payments from Social Security. Now you’ll see different estimates out there […]
Sanders unveils plan to guarantee the ‘right to a secure retirement’
White House hopeful Sen. Bernie Sanders (I-Vt.) on Friday unveiled a plan to guarantee the “right to a secure retirement” as he seeks to burnish his progressive bona fides amid stiffening competition in the Democratic primary. The plan, announced ahead of a discussion at campaign seniors issues roundtable and the AARP Presidential Forum in Iowa […]
The best way to save for retirement may include this underused plan
Most people understand the virtues of a 401(k) when it comes to saving for retirement. Still, few know that there’s another employer-sponsored plan that could work just as well, if not better. Like a traditional 401(k), a Roth 401(k) lets you contribute up to $19,000 a year through automatic payroll deductions and may come with […]
‘Fortnite’ winds down season nine with a giant-sized battle
The Final Showdown was one of the game’s more dramatic events. Epic is still finding ways to mark Fortnite’s season transitions in grand style. The studio just finished a “Final Showdown” event for the end of season nine that interrupted the battle royale with a brawl between a giant monster and an equally massive robot […]
Parrot plans to retire its Mambo and Swing drones
It’s part of the company’s attempt to cut ties with the consumer drone market. Drone company Parrot, maker of the Anafi 4K folding drone, is reportedly leaving the mini-drone market. Parrot has been shifting its focus away from consumer drones since 2017, but it’s been a slow transition. This week, Wirecutter confirmed that Parrot is […]
NASA’s Orion crew capsule is ready for its uncrewed trip to the Moon
One step closer to Artemis getting underway. You knew the US wouldn’t mark the 50th anniversary of Apollo 11 without news about the country’s next trip to the Moon. Both Lockheed Martin and NASA have confirmed completion of the Orion crew capsule that will play a key role in Artemis 1, the uncrewed mission that […]
How HoloLens is helping advance the science of spaceflight
Microsoft’s AR headset is making an impact both on and off the planet. AR headsets haven’t exactly caught on with the general public — especially after the Google Glass debacle. Mixed reality technology has garnered a sizable amount of interest in a variety of professional industries, though, from medicine and education to design and engineering. […]
Stocks to Watch: Union Pacific (NYSE:UNP) Shares Gap Down to $164.55
Union Pacific Co. (NYSE:UNP)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $158.10, but opened at $164.55. Union Pacific shares last traded at $172.38, with a volume of 315,279 shares. A number of equities analysts have commented on the stock. Sanford C. Bernstein raised shares of Royal […]