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Series I bond rates fall to 4.3% amid cooling inflation

Series I bonds offer several advantages for investors, according to Ken Tumin, senior industry analyst at Lending Tree. “They’re exempt from state and local income tax, which gives them a little edge over certificates of deposit,” Tumin said. “And you don’t have to worry about the federal income tax until …

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Best large U.S. cities for new startups: Orlando, Durham, Boise

Launching a small business is a challenge, especially these days. With that in mind, it makes sense to think long and hard about where to set up shop, weighing the various factors that could give you any much-needed advantage. That’s the idea behind the latest ranking of the best large …

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Fed report on SVB collapse faults bank’s managers — and central bank regulators

Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose of social media frenzy, the Federal Reserve concluded in a highly anticipated report released Friday. Michael Barr, the Fed’s vice chair for supervision appointed by President Joe Biden, said in …

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Heading into retirement? Here are some key tips to map out a game plan

Peopleimages | Istock | Getty Images 1. Claiming Social Security benefits • Key deadline to watch: By age 60, you should go to the Social Security Administration website and review your statement, recommends Craig Copeland, director of wealth benefits research at EBRI. When to claim Social Security retirement benefits is one …

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Trading options: A beginner’s guide

Oscar Wong | Moment | Getty Images Options trading is booming. It’s also complicated — and if you don’t know what you are doing, you can lose big. Options essentially allow you to bet on whether you think an asset is going up or going down. You can buy or …

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Test your knowledge with this quiz

Bitcoin officially launched in 2009, and now, 14 years later, over 15,000 digital coins make up the cryptocurrency market, according to crypto.com. But it hasn’t exactly been a smooth ride for crypto investors. Although the industry was once valued at around $3 trillion, the crypto market lost a little over …

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Nannying, driving for the wealthy

On Gloria Richards’ first day of work, she was dropped off at an airport, introduced to children she’d never met and flown on a private jet to a rented-out resort in Barbados. The 34-year-old is primarily an actress, but on the side, she’s a travel nanny for billionaires in New …

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73% of millennials are living paycheck to paycheck, new report finds

Some good news: Overall, fewer Americans are living paycheck to paycheck. As of March, the share of adults feeling stretched too thin fell to 60% from 62% in the previous month, according to a new LendingClub report. Many consumers have scaled back or picked up a side job to help make …

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PlayStation 5 sales hit all-time high, profit hits record

Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming console which hit a record …

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