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Annuity sales hit a record last year, surpassing sales during the 2008 financial crisis amid concerns and higher rates

Annuity sales hit a record last year, surpassing sales during the 2008 financial crisis amid concerns and higher rates

Tim Pepper | optical disc | Getty Images Amid stock market volatility, recession fears and higher payments, consumers poured a record amount of money last year into annuities, a type of insurance that provides a guaranteed income stream. Buyers moved $310.6 billion into annuities in 2022, according to estimates published by Limra, an insurance industry …

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The Justice Department files a second antitrust suit against Google, seeking to break up its advertising business

The Justice Department files a second antitrust suit against Google, seeking to break up its advertising business

On Tuesday, the US Department of Justice filed its second antitrust lawsuit The Google In just over two years. It’s the latest sign that the US government isn’t backing down from cases against tech companies even given the court’s mixed record in antitrust cases. Google shares fell 1.3% on Tuesday afternoon. Related investment news This …

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Editorial: Uncertainty in the markets is stressful.  Make these moves to be ready for whatever 2023 brings

Editorial: Uncertainty in the markets is stressful. Make these moves to be ready for whatever 2023 brings

Hilary Cladky | moment | Getty Images Before looking forward to 2023, we should take a moment to think about 2022. The following quote from Jason Zweig of The Wall Street Journal sums up this very difficult year for investors: “Investing is not a test of intelligence; it is a test of character.” In fact, …

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With state-run retirement programs becoming more popular, participants are expected to get $1 billion in savings this year

With state-run retirement programs becoming more popular, participants are expected to get $1 billion in savings this year

Storty | E + | Getty Images Whether you have access to a retirement plan through work increasingly depends, at least in part, on where you live. Over the past decade, 16 state legislatures have adopted retirement savings programs that target workers whose employers do not offer a 401(k) plan or a similar option. Some …

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A 'lame duck' congressional session leaves 'unfinished business' on issues that address Americans' daily financial needs

A ‘lame duck’ congressional session leaves ‘unfinished business’ on issues that address Americans’ daily financial needs

Parents and children take part in a demonstration organized by ParentsTogether Foundation in support of the Children’s Tax Credit portion of the Build Back Better bill outside the US Capitol on December 13, 2021. Sarah Silbiger | bloomberg | Getty Images Washington lawmakers are scrambling to get as much work done as possible before the …

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Asia-Pacific markets are falling as recession fears mount, and China vows to stabilize the economy

Asia-Pacific markets are falling as recession fears mount, and China vows to stabilize the economy

Oil futures rose on hopes of a recovery in demand in China Oil futures rose in Asian morning trade as optimism about China’s reopening leading to a recovery in demand outweighed recession fears. Brent crude futures rose 1.16% to $79.96 a barrel, while US Brent crude futures rose 1.18% to trade at $75.17 a barrel. …

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Business News LIVE Today: Latest business news, market news, economy and finance news |  Moneycontrol

Business News LIVE Today: Latest business news, market news, economy and finance news | Moneycontrol

by Market value.Net sales.Net profit.Total assets.tax.Another source of income.raw materials.power & amp; fuel.employee cost.PBDIT.interest.tax.EPS.investments.Miscellaneous debtors.cash / bank.barren.religion.potential liabilities. Crit screen abrasivesAviation and defenseAgricultureair conditionersAirlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureMachine accessoriesAuto accessories – air conditioning partsAuto accessories – parts for cars, trucks and motorcyclesAuto accessories – axle shaftsMachine accessories – bearingsAuto accessories – …

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Business News LIVE Today: Latest business news, market news, economy and finance news |  Moneycontrol

Business News LIVE Today: Latest business news, market news, economy and finance news | Moneycontrol

by Market value.Net sales.Net profit.Total assets.tax.Another source of income.Raw materials.power & amp; fuel.employee cost.PBDIT.benefit.tax.EPS.investments.Miscellaneous debtors.cash / bank.barren.religion.potential liabilities. Crit screen abrasivesAviation and defenseFarmingair conditionersAirlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureMachine accessoriesAuto accessories – air conditioning partsAuto accessories – parts for cars, trucks and motorcyclesAuto accessories – axle shaftsMachine accessories – bearingsAuto accessories – …

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How to manage cash and stay out of debt running a company in a doldrums

How to manage cash and stay out of debt running a company in a doldrums

Melissa Bradley has helped guide thousands of business founders through challenges. The founder of 1863 Ventures, an entrepreneur and serial investor, says that if a recession becomes an economic reality and clients cut back more because of inflation, it won’t be anything new for minority entrepreneurs. “They’re worried because of the impact it will have …

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