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Amazon’s Twitch CEO steps down nearly 10 years after acquisition

Visitors stream online computer games on the Twitch Interactive stand at Gamescom video games trade fair in Cologne, Germany. Krisztian Bocsi | Bloomberg | Getty Images Emmett Shear, the CEO of Amazon‘s livestreaming service Twitch, is stepping down from his role effective immediately, the company announced Thursday. Amazon acquired Twitch …

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It’s the ‘best time’ to contribute to a retirement plan, says advisor

A separate analysis from Vanguard found that average 401(k) balances fell 20% in 2022 to $112,572, and hardship withdrawals ticked up slightly. “The concern is, in these uncertain times, do I continue adding money to my long-term plans?” said Louis Barajas, CEO of International Private Wealth Advisors, a certified financial planner …

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Best and worst paying states for teachers

If you were looking for a high-paying career when planning your future, you probably crossed “teacher” off the list. Teachers are notoriously underpaid in the U.S. with a median annual salary of just over $61,000 a year, according to the latest Bureau of Labor Statistics data.  Low salaries and high …

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France’s Macron overrides parliament to pass pension reform bill

French unionists hold a banner during a demonstration on a 8th day of strikes and protests across the country against the government’s proposed pensions overhaul in Calais, on March 15, 2023. Sameer Al-doumy | Afp | Getty Images French President Emmanuel Macron on Thursday resorted to using special constitutional powers …

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Bitcoin posts gain in midst of mounting global banking crisis

A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop in Sandy, Utah. George Frey | Getty Images The price of bitcoin advanced Thursday after a big rally in cryptocurrencies this week as the broader investment world assessed cracks in the banking system …

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First Republic falls 30% as regional bank stocks continue to sink

Traders gather at the post where First Republic Bank as the stock is halted from being traded on the floor of the New York Stock Exchange (NYSE) in New York City, March 15, 2023. Brendan McDermid | Reuters Shares of First Republic and several other regional banks were under pressure …

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Nevada considers plan to restrict water use for Las Vegas residents

A home with a swimming pool abuts the desert on the edge of the Las Vegas valley, Wednesday, July 20, 2022, in Henderson, Nev. John Locher | AP Nevada lawmakers are considering legislation that will give water managers the authority to restrict the amount of water available for residential use, a proposal …

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Snap, Meta stocks rise on report that Biden may ban TikTok

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Shares in social media companies Snap and Meta jumped in after-hours trading on Wednesday after …

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Medicare enrollees could see lower costs on 27 Part B drugs in April

miodrag ignjatovic | E+ | Getty Images Some Medicare beneficiaries will begin paying less next month for 27 prescription drugs whose prices have increased at a rate that outpaces inflation, government officials announced Wednesday. Depending on their individual coverage, beneficiaries could save between $2 and $390 per average dose for …

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Stripe raises $6.5 billion at sharply reduced $50 billion valuation

Stripe’s co-founder, John Collison, delivers a speech in Paris in 2016. Jacques Demarthon | AFP via Getty Images Payment processor Stripe raised $6.5 billion at a $50 billion valuation, the company said Wednesday, a sharp discount from its record valuation of $95 billion in 2021. “Stripe does not need this …

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