Bond ETFs are being punished by growing signs of a soft landing
Major bond exchange-traded funds were falling on Thursday, adding to a rough October.
While still up from a year ago, the roughly $118 billion iShares Core U.S. Aggregate Bond ETF was down 0.5% on Thursday and off about 1.8% so far in October.
Should that loss hold,
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Read MoreRetirement Living Costs: These 6 States Will Drain Your Savings the Fastest
More than half of all Americans—55%—are concerned that they won’t be able to achieve a financially secure retirement, according to a study from the National Institute on Retirement Security. Furthermore, a 2024 AARP survey found that 20% of adults aged 50+ have no retirement savings at all.
These studies support what many Americans already know: Most of us are financially unprepared for retirement.
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Read More2024 Retirement Plan Year-End Amendments and Operational Compliance
As the end of 2024 approaches, it’s again time for plan sponsors to review their plan documents and plan operations to ensure compliance with increasingly complex qualification requirements and moving deadlines. While there are no mandatory plan amendments due this year, plan sponsors must remain diligent about discretionary amendment deadlines, operational compliance with changes in law,
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Read MoreYesway Installs Cryptocurrency ATMs Across 45 Locations
Photograph courtesy of CoinFlip
Yesway, Fort Worth, Texas, is partnering with CoinFlip, a Chicago-based digital currency platform company, to offer cryptocurrency ATMs in its convenience stores.
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BW Gas & Convenience Holdings LLC, which owns Yesway and Allsup’s, is No. 19 on CSP’s 2024 Top 202 ranking of convenience-store chains by store count.
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Read MoreDartmouth-Hitchcock Retirement Plan Fee Class Could Cover 31,000
Workers suing New Hampshire health system Dartmouth-Hitchcock Clinic over the fees and investment options in its retirement plans asked a federal court to certify the case as a class action covering more than 31,000 people.
The workers’ proposed class includes everyone covered by a pair of retirement plans that together hold more than $1.2 billion since March 2016.
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Read MoreThe Burst
The Ivy
If You Only Invest in 1 Dividend Stock, This Is It
Companies with a history of consistently paying a reliable dividend and increasing it, even in bear markets, are worth your attention.
One dividend-paying investment is a virtual no-brainer — Realty Income (O). This real estate investment trust (REIT) holds an impressive portfolio of single-tenant properties.
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