When evaluating your retirement readiness, many people often look to compare their 401(k) balance with others to see how they stack up. However, relying solely on age group comparisons may not provide the most accurate picture. Recent data from Fidelity reveals that individuals in similar industries may serve as a more relevant benchmark for assessing
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The Pentagon recently announced the first winning bidders in its rocket launch contract sweepstakes, with Jeff Bezos’ Blue Origin finally grabbing a spot for the first time. This news comes as part of contracts awarded under the Pentagon’s $5.6 billion National Security Space Launch program. Elon Musk’s SpaceX and United Launch Alliance (ULA) were also
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Social media trading sensation Keith Gill, also known as “Roaring Kitty,” has recently disclosed his amplified ownership in GameStop’s common stock, now holding more than 9 million shares. Through a new screenshot of his E-Trade portfolio posted on Reddit’s Superstonk forum, Gill showcased his colossal position, along with over $6 million in cash. Initially, on
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On Thursday, U.S. stocks experienced a mixed performance as investors reacted to the release of May’s producer price index data. This data indicated that inflation pressures may be easing, leading to some uncertainty among traders. While the S&P 500 edged lower, it still hovered near record highs, reflecting the cautious optimism prevailing in the market.
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