Over 50 and a woman? Better get saving for retirement

The steady path to a dream retirement Women who hit 50 without any retirement savings may have to stash away half their paychecks if they want their golden years to be comfortable. The average 50-year old single female New Yorker has to start saving 49% of income to afford a comfortable retirement in the city, according to a new study by UBS. The Swiss bank’s report, published Tuesday, calculated how much the average 50-year old woman would have to put aside, on top of mandatory retirement saving programs, in major ...

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The inside story of how the Rockets landed Chris Paul

ON THE NIGHT of June 27, Chris Paul was hanging at 1 Oak in West Hollywood with LeBron James. The club thumped as Paul and LeBron exchanged greetings with Tristan Thompson and Joe Johnson, who dined with his wife at a nearby booth. When the clock struck 1 a.m. and they began plotting their exit from the private entrance ahead of the paparazzi, Paul noticed a text from his agent, Leon Rose. The trade to Houston had been consummated. Through a series of complex transactions — including the acquisitions of ...

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Supreme Court Will Hear Case Pitting Microsoft Against DOJ Over Data Privacy

This site may earn affiliate commissions from the links on this page. Terms of use. The Supreme Court has agreed to hear a case on whether data concerning foreign individuals stored on foreign servers can be accessed under the auspices of United States law. The case has been brewing between Microsoft and the DOJ for 18 months, with Microsoft arguing that data concerning non-US persons stored in non-US servers is beyond the reach of the Department of Justice, while the DOJ argues that it isn’t. No matter which way this ...

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ET Deals: Save 42% on Luma Whole Home Wi-Fi Mesh Router Three-Pack

This site may earn affiliate commissions from the links on this page. Terms of use. Tired of Wi-Fi dead spots in your home? Kick your old wireless router to the curb, and start using the Luma Whole Home Wi-Fi system to get complete coverage. For a limited time, you can save 42% on a three-pack from Amazon. • Luma Whole Home Wi-Fi Mesh Router Three-Pack for $ 229.99 (List price: $ 399 — Coupon code: 50OFFLHW) These 802.11b/g/n/ac wireless routers work together to form a mesh network that provides excellent ...

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Raqqa: IS 'capital' falls to US-backed Syrian forces

A US-backed alliance of Syrian Kurdish and Arab fighters says it has taken full control of so-called Islamic State’s one-time “capital” of Raqqa. Syrian Democratic Forces (SDF) spokesman Talal Sello said the fighting was over after a five-month assault. Clearing operations were now under way to uncover any jihadist sleeper cells and remove landmines, he added. An official statement declaring victory in the city and the end of three years of IS rule is expected to be made soon. Earlier on Tuesday, the SDF cleared the last two major IS ...

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Massive Methane Leak in 2015 Left California Residents With Elevated Uranium, Styrene Levels

This site may earn affiliate commissions from the links on this page. Terms of use. Almost exactly two years ago, a well owned by the Southern California Gas Company began dumping huge amounts of methane into the atmosphere. The leak wouldn’t be capped until February 18, 2016, and would eventually release 107,000 tons of methane and 8,000 tons of ethane. SoCalGas didn’t exactly cover itself in glory with its concern for residents during this time period; the company didn’t admit that a major gas leak had occurred until October 28. ...

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Time to resurrect First Boston?

Why banks are looking to spy movies for answers Could First Boston make a comeback on Wall Street? Credit Suisse, which took control of the American bank in the 1980s, is facing calls to overhaul its business. According to reports, that could include spinning off a resurrected First Boston. RBR Capital Advisors, a boutique Swiss hedge fund, confirmed Tuesday that it’s pressing Credit Suisse(CS) to shake up its strategy. The Financial Times reported that RBR wants the Swiss bank to break itself up into three separate parts — an investment ...

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First Batch of iPhone Xs Is Reportedly Just 46,500 Units

This site may earn affiliate commissions from the links on this page. Terms of use. From the moment Apple unveiled the iPhone X, there’s been concern over whether demand for the new device would pull sales away from the iPhone 8/8 Plus, and leave Apple scrambling to fill orders with what was initially intended as a halo product. We saw a similar situation with the iPhone 5s and 5c, when Apple launched the budget device expecting to gain market share, only to see a majority of its customers stampede towards ...

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UK inflation at highest since April 2012

The UK’s key inflation rate hit its highest for more than five years in September, driven up by increases in transport and food prices. The Consumer Prices Index (CPI) climbed to 3%, a level it last reached in April 2012, and up from 2.9% in August. The pick-up in inflation raises the likelihood of an increase in interest rates next month. The figures are significant because state pension payments from April 2018 will rise in line with September’s CPI. Under the “triple lock” guarantee, the basic state pension rises by ...

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Google drones will drop burritos into people's yards in Australia

See Domino’s inaugural pizza drone delivery test Drones bearing piping hot burritos are about to start swooping down on the Australian countryside. At least, that’s the plan for Google affiliate Project Wing, which on Tuesday announced new tests of its drone delivery service with two Australian businesses, a Mexican taqueria chain and a drugstorecompany. It’s not the first time the Project Wing team has used drones to send people burritos. It did that last year with Chipotle at Virginia Tech University, but that was “in an open field, not to ...

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