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Monthly Archives: April 2023

Cardiologist shares 5 foods she eats to lower cholesterol—most people ‘aren’t eating enough’ of them

When it comes to overall health, there’s nothing more important than protecting your heart health. As a  cardiologist, I always tell patients that lowering their LDL (“bad”) cholesterol can help prevent cardiovascular disease — and the No. 1 nutrient that can help is fiber. Many foods have soluble fiber, which …

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How much money billionaires lost in 2022

If your portfolio had a rough time last year, know you’re not alone.  The richest 25 people in the world lost a collective $200 billion in net worth in 2022, according to Forbes’ 2023 World Billionaires List released this week. That brings their collective worth down to $2.1 trillion as …

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New Jersey deli defendant Peter Coker Jr. granted bail

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A former fugitive in the securities fraud case of the notorious $100 million New Jersey deli has been …

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The biggest challenges facing AAPI women-owned businesses

Asian American, Native Hawaiian and Pacific Islander women are one of the fastest-growing demographics of entrepreneurs — but the lingering Covid-19 pandemic has exacerbated existing problems for these women and the families who depend on their income.  More than two million businesses in the U.S. are owned by Asian Americans …

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Insolvency on horizon for Social Security, Medicare soon, expert says

AscentXmedia | E+ | Getty Images Social Security and Medicare face an uncertain future, based on new annual reports from the programs’ trustees that were released last week. “Insolvency is in the near horizon,” said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget, during a …

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As economy weakens, inflation’s inventory gluts are here to stay

CHRIS J RATCLIFFE | AFP | Getty Images Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the excess supply and associated costs of storage won’t abate this year, according to a new CNBC Supply Chain Survey. Just over one-third …

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Western Alliance shares cut losses after the bank says deposit outflows are stabilizing

A screen displays the logo and trading info for Western Alliance Bancorporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2023. Brendan Mcdermid | Reuters Shares of Western Alliance Bancorp cut steep losses Thursday after the regional bank gave a new …

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Social Security benefit income may lead to a ‘stealth tax’

Srdjanpav | E+ | Getty Images This tax season, older taxpayers may find they owe more money to Uncle Sam than they expected. The reason: More of their Social Security benefits may be taxed following a higher 5.9% cost-of-living adjustment in 2022. This year’s record 8.7% cost-of-living adjustment may also …

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Google reveals its newest A.I. supercomputer, claims it beats Nvidia

Google headquarters is seen in Mountain View, California, United States on September 26, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Google published details about one of its artificial intelligence supercomputers on Wednesday, saying it is faster and more efficient than competing Nvidia systems, as power-hungry machine learning models …

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ETFs are setting the tone for the underlying bond market. Here’s why

As bond-based products continue to accrue popularity among investors this year, one expert says that exchange-traded funds are helping fast-track the modernization of the bond market as a whole.   “With the rise of the fixed income ETF, we’re seeing higher levels of electronic trading and bonds — both corporate bonds and Treasury bonds,” …

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