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Nasdaq closes out its first four-quarter slump since dot-com crash

The once high flying tech sector has endured a heavy selloff this year amid concerns that the sector’s growth could be curtailed by rising interest rates. The tech-heavy Nasdaq Composite is down more than 14%. Chris Hondros | Newsmakers | Getty Images A lot has changed in technology since the …

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The difference between ‘rich’ and ‘wealthy,’ according to New York Times ‘Wealth Matters’ columnist

When Paul Sullivan was hired to write his “Wealth Matters” column in The New York Times 13 years ago, Americans’ relationships with wealth and wealthy people were undergoing a rapid shift. “When I interviewed for the job in 2008, it was the day Bear Stearns collapsed. I was told I …

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A cardiologist shares 4 worst foods for high cholesterol—and what she eats to keep her ‘heart healthy’

Want to maintain a healthy heart and brain? Keep a close eye on your cholesterol numbers. LDL (low-density lipoprotein) cholesterol builds up in the arteries and forms plaque, which blocks blood flow to the brain. HDL (high-density lipoprotein) cholesterol picks up the LDL and takes it to the liver to …

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If you want more emergency savings in 2023, these tips can help

Xavier Lorenzo | Moment | Getty Images When it comes to financial resolutions for 2023, there’s one goal at the top of many people’s lists: building an emergency fund. A recent survey from Personal Capital found that 31% of respondents want to increase their emergency savings, topping other goals like …

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Here’s how to know if your company’s layoff policy is a ‘good’ one

Andreypopov | Istock | Getty Images Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-to-face with a layoff if the economy slows more drastically in 2023, and it’s not always clear what you …

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FTX Japan users will be able to start withdrawing funds from February

The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in February, according to a statement from the company’s Japan subsidiary. FTX Japan said Thursday it was developing …

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The Fed won’t be what drives markets in 2023, wealth manager says

The Federal Reserve played a major role in moving markets in 2022, driving a campaign of monetary tightening as it tried to combat inflation that hit multi-decade highs. Many who had money in stocks and even bonds suffered, as liquidity was sucked out of the market with every rate hike …

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Singapore’s VC scene looks set for a ‘pretty decent’ 2023: SGInnovate

Singapore’s tech start-up scene has grown in recent years, and the city-state ranked seventh in the latest Global Innovation Index 2022. Ore Huiying | Bloomberg | Getty Images Global venture dollars may have dropped in 2022, but Singapore’s government-owned tech investment firm is optimistic about 2023. “2023 is probably going …

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Here’s why egg prices surged in 2022 even as the cost of chicken eases

D3sign | Moment | Getty Images The surge in egg prices has stood out in a year when Americans saw their bills balloon across the grocery store. Average egg prices jumped 49.1% in November compared with those a year earlier — the largest annual percentage increase among all grocery items …

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Amazon shed half its value in 2022 as tech stocks got crushed

An Amazon driver loads packages into a delivery van at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Justin Sullivan | Getty Images It was a brutal year for mega-cap tech stocks across the board. But 2022 was especially rough for Amazon. Shares of the e-retailer are …

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