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Medicare expenses in retirement could top $383,000 for a couple with high drug costs, study finds

The amount you spend on health care in retirement depends at least partly on how you choose to supplement your basic Medicare coverage.

2 years ago

Microsoft’s AI Chatbot is an Emotionally Manipulative Liar (and some people love it)

The Verge | James Vincent | Feb 15, 2023 Microsoft’s Bing chatbot has been unleashed on the world, and people are discovering what it means to beta test an unpredictable AI tool. Users have been reporting all sorts of ‘unhinged’ behavior from Microsoft’s AI chatbot. In one conversation with The Verge, Bing even claimed it


The post Microsoft’s AI Chatbot is an Emotionally Manipulative Liar (and some people love it) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

IRS commissioner nominee to 'ensure that America's highest earners comply with tax laws.' Here are the key takeaways from Senate hearing

Daniel Werfel, President Joe Biden's nominee to lead the IRS, answered questions before the Senate Finance Committee this week. Here's what to know.

2 years ago

Equitable Bank Acquires Concentra and Will Become Canada’s 7th Largest Bank

Investment Executive | Staff | Feb 8, 2023 Toronto-based Equitable Group Inc. says it has agreed to acquire digital rival Concentra for $470 million, a move that will make it Canada’s seventh-largest bank.The acquisition would result in Canada’s seventh-largest bank Equitable is buying SaskCentral’s 84% equity interest in Concentra and has support agreements from Concerta


The post Equitable Bank Acquires Concentra and Will Become Canada’s 7th Largest Bank first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

India stock markets have been volatile. Analysts say these sectors are worth watching

India is set to pump up its capital expenditure in hopes to grow its economy, and analysts are suggesting now's the time to invest in these sectors.

2 years ago

How to pay 0% capital gains taxes with a six-figure income in 2023

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here's what to know.

2 years ago

Apprenticeship programs are becoming more popular as an alternative to college

Some experts say the value of a bachelor’s degree is fading and more emphasis should be directed toward career training.

2 years ago

Watch Charlie Munger speak at the Daily Journal annual meeting

Charlie Munger, a shareholder and board member for the Daily Journal, will speak at the organization's annual meeting on Wednesday.

2 years ago

OpEd: Should the Canadian Government Fund VC?

Rags to Riches | Vass Bednar | Feb 15, 2023 The market’s reality check is a welcome forcing function to rethink venture funding in Canada. A little while ago - all in one week - jobs cuts were announced at Lightspeed Commerce Inc., Clutch, Hootsuite, Thinkific Labs Inc. and Clearco. For the latter two, it


The post OpEd: Should the Canadian Government Fund VC? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Elder financial fraud is a $3 billion-a-year problem. This bill in Congress aims to help prevent it

The measure, which cleared the House last month and awaits action in the Senate, lets investment companies postpone redemptions if exploitation is suspected.

2 years ago

Research: Which UK Bank Customers are Most at Risk of Fraud?

YourMoney | John Fitzsimons | Feb 7, 2023 Banks are missing basic online and app protections, which are exposing users to a greater risk of fraud, a consumer watchdog has revealed. Consumer champion Which? and Red Maple Technologies, a security firm, tested the customer-facing security systems of 13 bank account providers at the end of


The post Research: Which UK Bank Customers are Most at Risk of Fraud? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Biden administration is making a big change to student loan repayment. What borrowers need to know

The Biden administration is moving to create a new way for borrowers to repay their federal student loans. Some bills could be cut in half.

2 years ago

How Will FTX’s Collapse Impact North Korea? The Answer Will Surprise You!

Feb 15, 2023 The recent collapse of the FTX exchange has rocked the cryptocurrency world and those involved in it to its core. Since the world’s third-largest crypto exchange declared itself bankrupt, it has sent a ripple effect across the entire cryptocurrency market. However, amongst the many people who have suffered due to the FTX


The post How Will FTX’s Collapse Impact North Korea? The Answer Will Surprise You! first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

KPMG: Canadian Fintech Investment Drops in 2022, Mentality Shift to ‘Sensible’ Growth

KPMG | Release | Feb 15, 2023 Investment in Canada's fintech sector dropped last year, as valuations declined more than five-fold and the number of deals slowed significantly towards the end of the year. Despite the slowdown, it was still the second-best year for deal volume. 2022 highlights:  There were 169 fintech investments worth US$1.3


The post KPMG: Canadian Fintech Investment Drops in 2022, Mentality Shift to ‘Sensible’ Growth first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Here's how much you need to save every month to earn $30,000 per year in interest for retirement

Saving enough money now could make it possible for you to fund your retirement by living off of your returns without ever touching your nest egg.

2 years ago