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Denmark to scrap public holiday to help meet NATO spending goal

Denmark’s 179-seat parliament voted by 95 to 68 to approve the government’s proposal to scrap Great Prayer Day, a religious holiday that falls on the fourth Friday after Easter. Liselotte Sabroe | Afp | Getty Images Danish lawmakers voted to abolish a springtime public holiday from the national calendar and …

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Next generation will have devices in their skin

Martin Cooper places first call on mobile phone on April 3, 1973 AP BARCELONA, Spain — One day phones will become devices integrated into our skin, rather than the black rectangular slabs we’ve become accustomed to, according to the inventor of the cell phone. “The next generation will have the …

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How to be a digital nomad with kids: Remote work for families

To many, the lifestyle of a “digital nomad” is an aspirational one — you can live anywhere in the world, visa permitting, with your laptop as your office. Forget the daily grind of the rush hour commute. As long as there’s decent Wi-Fi, simply pick a coffee shop, park or …

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India’s infrastructure boost isn’t going to solve its job problem: Economists

High unemployment remains a challenge for India, and has been one of the biggest criticisms of Prime Minister Narendra Modi’s government. Sopa Images | Lightrocket | Getty Images India is pumping up its infrastructure spending, a move the government says will create much-needed jobs.  At the annual budget announcement in …

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How student loan forgiveness became a national crisis

A Jan. 2, 2023 protest in favor of federal student loan relief outside the U.S. Supreme Court in Washington, D.C. Larry French | Getty Images Entertainment | Getty Images A shifting financial burden These days, tuition accounts for about half of public college revenue, while state and local governments provide …

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State IRA programs work toward closing racial retirement savings gap

Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households are wide, but state-run retirement programs are attempting to help workers find parity. As many as 67% of private-industry workers had access to retirement plans in 2020, according to the U.S. Bureau …

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These 3 drivers will dictate the landing ahead for the U.S. economy

Shoppers crowd a supermarket to buy food in Chicago, Illinois, November 22, 2022. Jim Vondruska | Reuters Growing up in Florida, I saw my share of hurricanes. The approach of those storms seems an appropriate analogy to the U.S. economic outlook today. Storm tracks were highly uncertain, the result of …

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Black real estate developers get access to big capital

Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and private equity in particular – are the dominant players. Black developers often …

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FTX ex-engineering head Nishad Singh pleads guilty to criminal charges

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images FTX ex-engineering head Nishad Singh pleaded guilty to criminal charges in New York on Tuesday, becoming the latest member of Sam Bankman-Fried’s former …

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Amid stubborn inflation, 60% of Americans live paycheck to paycheck

Despite higher prices, consumers are still spending, although not as much as they were a year ago, which is giving their budgets some breathing room. As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according to a new LendingClub report. That’s down …

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