Harry Dexter White was the driving force behind the Bretton Woods agreement that spawned the International Monetary Fund (IMF) and The World Bank. In his role as a government economist, White became the architect of the modern, postwar world economy and helped the United States become the global power it is today. However, he is
Paid non-client of Betterment. Views may not be representative, see more reviews at the App Store and Google Play Store. Learn More about this relationship. New and Notable Updates On February 8, 2022, Betterment announced that it is acquiring crypto manager Makara. As a result of the acquisition, Betterment now gives retail investors and advisors
If under-the-radar small-cap stocks are your jam, I’ve got three selections from the S&P SmallCap 600 that might be right up your alley. The small-cap index is down 20.3% year to date. That’s 460 basis points better than the S&P 500 and 130 basis points worse than the S&P Mid Cap 400. Overall, it’s 240
Medicare Advantage Plans offer an alternative to Original Medicare. These plans include Medicare Parts A and B coverage, and some also include prescription drug coverage (Medicare Part D). Older adults planning to enroll in Medicare Advantage or switch to a new Medicare Advantage should consider using Medicare Star Ratings to help in their decision-making. These
The Dow Jones Industrial Average gets too much credit as a barometer for the overall stock market. That job belongs to the S&P 500. The Dow’s headline-grabbing swoons and rallies – “Dow Falls 1,200 Points” or “Dow Rallies 1,000 Points!” – pulls readers in. Often, these headlines then get investors to start wondering about the
The topic of Social Security is fraught with misinformation, which can prevent people from enjoying the full monies they are entitled to collect. This article offers clarity on this subject, so individuals may maximize their retirement income and achieve financial security throughout their golden years. Key Takeaways The longer a person waits to collect benefits
The Nasdaq has a reputation for being the home of aggressive hypergrowth companies — firms that can go up five- or tenfold in a year and sometimes crash just as quickly. Most investors probably wouldn’t imagine creating a buy-and-hold forever portfolio filled with Nasdaq stocks. However, the Nasdaq actually offers a lot of variety. While
This vicious bear market has spared very few firms in 2022. The S&P 500 has slipped more than 23% so far and it increasingly feels that things are getting worse. The Fed continues to reiterate that it foresees aggressive rate hikes ahead until inflation is brought under control. Thus, this sort of environment very likely
Medicare provides health care coverage for persons aged 65 and older. If you’re enrolled in a Medicare Part D prescription drug plan, it’s possible that you could encounter a gap in coverage, depending on how much you spend. This gap also referred to as the Medicare donut hole, can potentially affect what you pay for
Preston Pysh talks with Parker Lewis and Will Cole about Bitcoin’s profound impact on the energy sector. Additionally, they discuss the importance of custody and why it’s so hard for many legacy financial companies to handle Bitcoin in a safe and secure way. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:00:27 – What is
A cost-of-living adjustment (COLA) is a purchasing-power protection mechanism provided to all monthly Social Security and Supplemental Security Income benefits. While a cost-of-living raise for Social Security recipients is technically “mandatory,” it does not mean there will be an actual increase every year: 2016 was one year when there wasn’t a raise, for example. By law,
19.62% The median rate of interest across all credit cards in the Investopedia card database for June 2022. The median credit card interest rate for all credit cards in the Investopedia database jumped 12 basis points to 19.74% at the beginning of June over it’s level the previous month, based on average advertised rates across
Medicare Advantage Plans, sometimes called Medicare Part C, allow you to combine Medicare Parts A and B coverage in one policy. During Medicare Open Enrollment, you have an opportunity to switch to a Medicare Advantage Plan or make changes to an existing plan. For instance, you may want to change from an HMO plan to
When it comes to managing your life as a retiree, it almost goes without saying that you’ll need to keep abreast of the yearly Social Security tweaks and adjust your budget accordingly. However, with so much new information to keep track of, it can be easy to forget some of the smaller details, such as
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While investors are hoping for a quick end to the current bear market, recent data signals it’s not likely to be over soon. The September core consumer price index, which excludes food and energy prices, hit a 40-year high. This, combined with the fact that the labor market remains strong, nearly guarantees the Federal Reserve
I can see why contrarian investors may be interested in XPeng (NYSE:XPEV) stock. Shares in China-based electric vehicle (or EV) companies have fallen out of favor among investors, but the shift in sentiment has been the most dramatic among this particular name. As a result of its extended price decline since June, Xpeng has become
Cryptocurrencies won’t go very far without adoption, and that is predicated on reliable applications for consumers, businesses, and financial institutions to use. Pundi X (PUNDIX) is one of a number of projects working on related infrastructure and use cases for crypto point-of-sale (POS) transactions, with the end goal of creating a crypto payments network for
Dividend-paying stocks tend to attract investors seeking a regular source of income. Although these companies do not grow above industry average, they assure a stable source of income. This is important, especially in times of stock market volatility. The stocks below provide high dividends and are currently trading at a massive discount. Additionally, consensus estimates
Carnival (NYSE:CCL) stock is quite different than it was prior to the Covid-19 pandemic. Long gone are the days when the cruise operator could confidently raise its cruise fares. Getting passengers back on Carnival’s ships during a time a high inflation will be a major challenge. So, even though Carnival showed top-line improvement during its most