LONDON—Standard Chartered forecast flat income for the full year amid “uneven” economic recovery from the pandemic, even as it turned in a stronger-than-expected quarterly pre-tax profit, sending its shares lower on Tuesday. CEO Bill Winters, who has won plaudits from investors for repairing the balance sheet and slashing thousands of jobs since taking the top…
StanChart Flags Flat Annual Income Despite Strong Q3 Profit; Shares Drop
Having More Than One Source of Income Can Make You Rich; Here’s How to Make It Happen
This story originally appeared on MarketBeat Did you know that really rich people rely on several sources of income—not just one? The reality is that a total of 54 percent of Americans live paycheck to paycheck—that’s 125 million U.S. adults, according to LendingClub and PYMNTS. Of this group, 21 percent struggle to pay their bills,…
Having More Than Once Source of Income Can Make You Rich; Here’s How to Make It Happen
This story originally appeared on MarketBeat Did you know that really rich people rely on several sources of income—not just one? The reality is that a total of 54 percent of Americans live paycheck to paycheck—that’s 125 million U.S. adults, according to LendingClub and PYMNTS. Of this group, 21 percent struggle to pay their bills,…
BlackRock Quarterly Profit Beats Estimates as Rise in Assets Boosts Fee Income
October 13, 2021
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BlackRock Inc., the world’s largest money manager beat third-quarter profit estimates as an improving economy helped boost its assets under management, driving up fee income. Asset managers have benefited from rising global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by progress on…
Conservative Advocacy Group Launches Advert Targeting Biden Administration Over ‘Not Too Smart Bidenomics’
A conservative advocacy group has launched a new advert targeting the Biden administration over its “not too smart” approach to economic policy after White House press secretary Jen Psaki claimed it was “unfair and absurd” that companies would increase costs for consumers in response to higher tax rates proposed by Democrats. Club for Growth is a national network of…
5 Questions to Ask Before Purchasing Life Insurance
While you can receive a life insurance quote online in just a few minutes, it may be difficult to immediately determine whether the lowest-priced option is the best fit. That’s because life insurance comes in a myriad of forms and at a multitude of prices. To narrow down the options and find what’s right for…
Five Ways to Generate a Steady Retirement Income
Retirement is the time to relax after a lifetime of working. When you retire, you will need to generate a steady income to maintain your lifestyle without depending on others. You might have done everything right to save for retirement—you started early, maximized your 401(k) plan, and avoided cashing out your retirement plan. But, how…
Best Ways to Generate Tax-Free Income in Retirement: Think About This Stuff Now
This story originally appeared on MarketBeat Nothing feels more deflating than having to pay taxes on every penny you’ve ever saved and invested. If you have the wherewithal to think about how you’d like to receive your retirement income in advance, good for you. It’ll benefit you down the road, big time! Let’s take a…
California Lawmakers Approve First State-Funded Guaranteed Income Plan in Nation’s History
California lawmakers on Thursday approved the nation’s first state-funded guaranteed income plan that would distribute $35 million in monthly cash payments to eligible pregnant people and young adults who recently left foster care. The taxpayer-funded plan was approved unanimously in both chambers—36–0 in the Senate and 64–0 in the Assembly—and now heads to Gov. Gavin…
The Emotional Side of Money
Money is basically a unit of measurement, but it covers a lot of ground. Strictly speaking, money measures the market value of goods, services, and investments. But for some, it can also function as a measure of our self-worth. It can reveal fears about not having enough, resentment for having less than you feel you…
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