New Ontario Liberal leader
Steven Del Duca wins Ontario Liberal leadership Ontario Liberals crowned former cabinet minister Steven Del Duca as their new party leader Saturday. Del Duca had enough delegates to win on the first ballot, but looking forward, the new leader’s task will be a monumental one, he acknowledged. The new leader takes over from former Premier […]
64% of Americans Are Looking at Their 401(k)s the Wrong Way
If you have access to a 401(k) at work, chances are that this will be one of your most important retirement accounts, if not the most. Many workers put most or all of their retirement savings into a 401(k), which can make sense because it’s convenient, comes with generous tax savings, and often offers an […]
Social Security’s Catch-22 Is Bad News for Retirees
As you may have heard, our nation’s most successful social program is in a bit of a bind. Every year since 1982, the Social Security program has generated a net cash surplus. By bringing in more revenue than is paid out in benefits each year, the program has been able to build up a $2.9 […]
Here’s why you shouldn’t celebrate that big tax refund
Think twice before celebrating that large refund check from Uncle Sam. The IRS had doled out 45.5 million refunds as of Feb. 28, with the average refund check totaling $3,064. That amount is just $4 less than last year’s average refund. Filers have reasons to celebrate their small windfall. Most have ambitious plans for their small windfall, including shoring […]
Robot learns to set the dinner table by watching humans
You could one day teach a robot just by performing a task yourself. To date, teaching a robot to perform a task has usually involved either direct coding, trial-and-error tests or handholding the machine. Soon, though, you might just have to perform that task like you would any other day. MIT scientists have developed a […]
FCC could require phone companies to authenticate calls
The proposed rules are another attempt to combat robocalls. Today, FCC Chairman Ajit Pai proposed new rules that would require phone companies to adopt the STIR/SHAKEN protocol, an increasingly popular method for caller ID authentication. The rules are meant to combat robocalls, specifically those that spoof phone numbers, and the FCC is expected to vote […]
Canada’s first 5G network goes live in four cities
Rogers intends to charge extra for 5G in 2021, however. You no longer need to head to the US if you want a taste of 5G in North America. After starting its rollout in January, Rogers has switched on Canada’s first live 5G network in the downtown cores of Montreal, Ottawa, Toronto and Vancouver. You’ll […]
Researchers discover that Intel chips have an unfixable security flaw
The chips are vulnerable during boot-up, so they can’t be patched with a firmware update. Security researchers have discovered another flaw in recent Intel chips that, while difficult to exploit, is completely unpatchable. The vulnerability is within Intel’s Converged Security and Management Engine (CSME), a part of the chip that controls system boot-up, power levels, firmware and, […]
AK Steel Holding Corporation (AKS) and Steel Dynamics Inc. (STLD)
RENAISSANCE TECHNOLOGIES LLC bought a fresh place in AK Steel Holding Corporation (NYSE:AKS). The institutional investor bought 3.1 million shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, BLACKROCK FUND ADVISORS bought approximately 2.2 million shares of AK Steel Holding Corporation In a separate […]
GasLog Ltd. (GLOG) and NRG Energy Inc. (NRG)
CIBC PRIVATE WEALTH ADVISORS, IN bought a fresh place in GasLog Ltd. (NYSE:GLOG). The institutional investor bought 634.7 thousand shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, POINT72 ASSET MANAGEMENT LP bought approximately 359.6 thousand shares of GasLog Ltd. In a separate transaction […]