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Social Security Benefits Could Be Cut in 8 Years Unless Congress Acts

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could lead to payment cuts in eight years.The Social Security program faces a longstanding financing shortfall that, if left unaddressed, would slash millions of…

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Trump Removed Crypto Warnings from Retirement Plans. Will It Affect 401(k)s?

Regulators under President Trump are taking a neutral position on crypto, retreating from the Biden administration’s more cautionary stance.In 2022, the Biden administration’s retirement plan regulators placed a warning sign on cryptocurrencies, urging plan overseers to exercise “extreme care” before making…

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How Low Will the Dollar Go?

  • Post category:Finance

Trade-war angst has put pressure on the greenback this year. Wall Street thinks it’s about to get worse.The dollar has been under pressure since Inauguration Day, in January, with Wall Street expecting further declines.Mark Lennihan/Associated PressDollar daze The outlook for the…

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Why a Utah Chalet Is the Perfect Setting for the Ultra Wealthy in ‘Mountainhead’

  • Post category:Finance

In HBO’s “Mountainhead,” the “Succession” creator Jesse Armstrong uses subtle status symbols — and a secluded $65 million ski chalet — to convey hierarchy among the 0.001 percent.When Paul Eskenazi, the location manager for “Mountainhead,” a new film from the “Succession”…

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