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The modern era has seen a significant shift in the preference of consumers towards renting as opposed to owning. The affordability factor plays a major role in this trend, as highlighted in a report by Intuit Credit Karma. The rental industry has expanded to encompass a wide range of products and services, catering to the
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As the tech earnings parade continues, Marvell Technology made headlines by reporting better-than-expected revenue in the latest quarter, causing the stock to surge about 8% after hours. However, it’s worth noting that Marvell is still down 18% from its March high, despite the recent positive performance. The VanEck Semiconductor ETF (SMH) is also experiencing fluctuations,
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During a recent meeting, Chinese President Xi Jinping expressed his hopes for a stable, healthy, and sustainable relationship between China and the United States. While acknowledging the changes that have occurred in both countries and in their relations, Xi emphasized China’s commitment to fostering positive interactions with Washington. The tensions that have arisen between the
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The concept of auto-enrollment and auto-escalation in 401(k) plans has long been hailed as a game-changer in retirement savings. However, recent research has shed light on the harsh reality behind this seemingly foolproof strategy. The National Bureau of Economic Research published a paper revealing that certain factors, such as workers cashing out their 401(k) balances
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