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Economy, Personal Finance

“79% of Americans who make this one move won’t run out of money in retirement, researchers say”

“…Morningstar’s model — which assumes a hardly guaranteed status quo for Social Security benefits in the future — predicts that 45% of U.S. households will run short of money in retirement. For a large chunk of Americans, that could mean returning to… Continue Reading…

Business

“Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending”

“…In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. The company is spending much faster than it’s increasing revenue — sales climbed 17% in the period. Even with all that investment, Microsoft… Continue Reading…

Economy

“Argentina Inflation Hits 79% Ahead of Likely Rate Hike”

“…Clothing prices rose 109% from a year earlier, while food costs increased by 80%. Worse may be to come, since the government raised regulated utility prices in September, which will have a knock on effect in several sectors… Central bank… Continue Reading…

Economy, Personal Finance

“Fidelity Reports 79% of Women Feeling Financial Stress”

“A Fidelity survey conducted in early February among 2,007 U.S. adults found that 79% of women were experiencing financial stress, up from 67% in October. Even as they were reporting feelings of financial stress, 71% of women surveyed said they planned to… Continue Reading…