Weekly Market Review – January 18, 2020
Stock Markets What analysts call better-than-expected economic data, encouraging corporate earnings from U.S. banks, and the signing of the “phase-one” trade agreement helped raise U.S. stocks to fresh record highs last week. A surge in housing starts bolstered by strong retail sales point to a resilient consumer that is supported by a continued strong labor […]
Only 12% of Older Americans Have Achieved This Impressive Retirement Savings Goal
If you don’t believe you’ll need savings of your own going into retirement, consider this: Social Security pays the average recipient today $1,503 a month, or $18,036 per year. Chances are, that’s not enough for you to live on, which is why you need savings of your own — and the more you have, the […]
Don’t Save for Retirement Until You’ve Hit This Key Milestone
Search the internet, and you’ll see tons of advice highlighting the importance of retirement savings. And it’s all valid. Without savings, you’ll risk struggling financially during your senior years. Social Security pays the average senior today only about $18,000 a year. That’s hardly enough to live comfortably. In fact, those benefits will generally replace around […]
3 Reasons to Retire Early, and 3 Reasons Not to
Some see early retirement as a wildly irresponsible gamble, while others see it as essential to living life to the fullest. Both sides make good points, but ultimately, we must all decide for ourselves if it’s right for us based on our own goals and financial security. Here are a few arguments from each camp […]
Getting to retirement can be just as hard as retirement
A list of things people universally dislike includes stop-and-go traffic, getting hit with bird poo, and budgeting. And, while budgeting isn’t as messy as a bird incident, it might raise your blood pressure like a bad traffic jam would. Why? Budgets force us to look at our income and the choices we make, and that […]
Microsoft will fix an Internet Explorer security flaw under active attack
Homeland Security has even warned about the vulnerability. Mozilla isn’t the only one grappling with a serious web browser security flaw. Microsoft has confirmed to TechCrunch that it will fix an Internet Explorer security exploit already being used for “limited targeted attacks.” The vulnerability lets attackers corrupt memory used for the scripting engine in IE9, […]
Boeing finds another software flaw that might delay 737 Max’s return
The bug could prevent the aircraft from taking off. Boeing is dealing with another 737 Max software flaw that could prevent the troubled aircraft from returning to the skies, but this time it’s not a safety issue. The company has confirmed that it’s fixing a flaw preventing the 737 Max’s flight control computers from starting […]
Lexus imagines space vehicles for humans on the Moon
And they’re all sci-fi worthy. If humanity ever ends up living on the Moon, what would the vehicles be like? According to Lexus, they’d be sleek, shiny and wouldn’t look out of place in a sci-fi flick. The European Advanced Design Studio for Lexus and Toyota, the brand’s parent company, has created seven lunar vehicle concepts for […]
Instagram removes the IGTV button you weren’t using
Most people prefer to find IGTV videos in their usual feeds. Instagram’s IGTV was supposed to usher in a new era for video in the social network, but that’s not quite how it panned out. And now, the company is tempering its expectations. A Facebook spokesperson has confirmed to TechCrunch that Instagram is removing the […]
Pacific Premier Bancorp (NASDAQ:PPBI) Downgraded by BidaskClub
Pacific Premier Bancorp (NASDAQ:PPBI) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday, January 10th, BidAskClub reports. A number of other research firms have also recently weighed in on PPBI. ValuEngine cut Pacific Premier Bancorp from a […]