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China Envisions Its Digital-Currency Future, With Lotteries and a Year's Worth of Laundry BEIJING—The People's Bank of China on Sunday concluded its second digital-currency pilot program, as the central bank moves closer to a formal rollout that would make China the first major world economy to introduce such a system. This month ...
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Here's why it make take years for Rhode Island's economy to recover from COVID Rhode Island's economy, battered in 2020 by waves of COVID-19 and government restrictions on business to stop the spread, faces more headwinds in the new year. But there also are signs of the start of a recovery sometime in 2021. Vaccinations have ...
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Ask Larry: Shouldn't My Wife's Social Security Spousal Benefit At 66 Be Half Mine? Today's column addresses questions about Social Security spousal benefits based on the record of a worker who filed early, retirement benefits for a worker who dies late on the last day of the month, the Windfall Elimination Provision and withdrawing an ...
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Asian stocks advance after Trump signs $900B aid package BEIJING — Asian stock markets rose Monday after President Donald Trump signed a $900 billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new coronavirus variant.
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Millions face eviction, poverty as unemployment benefits expire while COVID-19 relief bill in limbo Jo Marie Hernandez doesn't know how she and her 4-year-old daughter will survive after her unemployment aid lapsed this weekend. Hernandez, who lives in Olean, New York, is on the brink of losing her home in days after she lost her job as a customer ...
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If you want to travel next year, you may need a vaccine passport San Francisco (CNN Business) Now that coronavirus vaccines are starting to roll out in the US and abroad, many people may be dreaming of the day when they can travel, shop and go to the movies again. But in order to do those activities, you may eventually ...
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Get Your Retirement Back on Course Even the most diligent savers can encounter obstacles on the road to retirement, but the past few months have delivered unprecedented hazards. We'll help you come up with a recovery plan. by: Sandra Block, Lisa Gerstner. December 26, 2020. illustration of ...
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Once a Billionaire Factory, Korea's Beauty Industry Turns Ugly Three years ago, Suh Kyung-bae was the second-richest person in South Korea. Today he's barely Top 10, a stark reversal in a K-beauty boom known for minting billionaires, not breaking them. Suh's $3.6 billion fortune -- down from roughly $8 billion in 2017 ...
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Ant Turning From Windfall to Nightmare for Global Investors Two months ago, global investors including Warburg Pincus, Carlyle, Temasek and GIC were on the cusp of a massive windfall from what would have been the world's largest initial public offering. Now, returns on the hundreds of millions of dollars they ...
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If I Could Do It All Again: Retirees' Investing Advice for Their Younger Selves If you've ever taken the time to speak to retirees about their lives, you know they can have some great stories and sometimes great advice about everything from relationships to money. A recent Principal study asked retirees to share some of the financial ...
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