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Monthly Archives: June 2023

Finance is the No. 1 industry Gen Z wants to work in, says new research

Recent and soon-to-be college graduates have different visions of the “perfect job”: Some want to work in New York, while others might aspire to be their own bosses.  But many Gen Zers are dreaming of a career in finance. Finance is considered to be the most desirable, stable sector to …

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Nvidia’s chips fuel A.I. — Why the U.S. worries about China’s access

Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017. SAM YEH | AFP | Getty Images Nvidia’s powerful semiconductors have taken on particular importance as their capacity to fuel artificial intelligence has become increasingly sought after. But their unique capacity is …

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Trump is only Republican who will lose to Biden: Paul Ryan

Former House Speaker Paul Ryan said Wednesday he believes the 2024 Republican presidential nominee will “for sure” be able to unseat President Joe Biden — unless that person is former President Donald Trump. “It’s a disaster if we nominate Trump,” Ryan, who also serves on the board of Fox News’ …

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Your 401(k) plan may be worsening climate change, expert says

Fotograzia | Moment | Getty Images BOSTON — As worried about climate change as workers might be, it can be tricky if not impossible to invest with the environment in mind in your workplace retirement plan. Less than 5% of 401(k) plans offer funds dedicated to environmental, social and governance, or ESG, …

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Carl Pei smartphone startup Nothing raises $96 million from investors

Carl Pei, co-founder of smartphone and hardware startup Nothing. Nothing Nothing, the hardware startup from OnePlus co-founder Carl Pei, raised $96 million from investors in a new round of funding to fuel an expansion of its business into the U.S. and the launch of its new smartphone. The London-based company …

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States pay huge sums to lure chip makers, on top of federal billions

The landmark CHIPS and Science Act which passed last year includes more than $52 billion in federal subsidies to revitalize the U.S. semiconductor industry. But that is not enough for chipmakers. They are also snapping up billions more from the states, which are eagerly ponying up tax breaks and incentives …

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Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings

Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate increases ahead and possibly at an aggressive pace. “We believe there’s more restriction coming,” Powell said during a monetary policy session in Sintra, Portugal. “What’s really driving it … is …

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Expert advice on how to protect your assets

When it comes to money, members of the LGBTQ community can be vulnerable targets for malicious actors. Although legal protections and social acceptance have come a long way in the U.S., there’s still plenty of room for improvement. That’s especially true considering the growing amount of legislation restricting transgender and nonbinary …

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This new $250 Nokia smartphone can be self-repaired and comes with 5G

The new Nokia G42 smartphone comes with reparability features and 5G connectivity. HMD Global HMD Global, the company that makes Nokia-branded smartphones, on Wednesday launched a new smartphone that can be repaired by users when parts get damaged. The purple device can be repaired by customers using parts provided by …

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Choice of when to retire not tied to amount of retirement savings: report

Pixdeluxe | E+ | Getty Images Americans often worry about hitting specific money goals for retirement, but a new report finds that the decision to retire often happens independently of reaching that “magic number.” U.S. households over the age of 55 control 74% of investable assets, but their retirement status …

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