Teenagers today are showing a growing interest in their long-term financial health, with 83% of 13 to 18-year-olds having already considered their retirement options. However, there is a significant gap in their understanding when it comes to basic retirement planning. Many teens mistakenly believe that saving money in a bank account is the best strategy
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The number of centenarians in the United States is expected to increase significantly in the upcoming decades, presenting a substantial financial challenge for households. According to a Pew Research Center analysis of U.S. Census Bureau data, it is projected that by 2054, there will be approximately 422,000 Americans aged 100 and older, which is more
Netflix recently announced that it will no longer be providing quarterly membership numbers or average revenue per user starting next year. This decision comes as the company reported earnings that surpassed analysts’ expectations. While total memberships increased by 16% in the first quarter, reaching 269.6 million, the company stated that going forward, it will be
Federal Reserve Chair Jerome Powell recently made comments indicating that while the U.S. economy is strong in many aspects, inflation remains below the central bank’s target. This suggests that interest rate cuts are unlikely to occur in the near future. Powell highlighted the solid growth and strength in the labor market but expressed concerns about
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