April 20, 2021

Day: April 20, 2021

Want more money for retirement without a lot of effort? Ask your company about this perk

Who doesn’t want a little extra ‘free’ money in their retirement accounts? With an employer match, it’s possible.

Retirement Tip of the Week: Not all companies offer retirement plans, or plans with employer-matching contributions, but it’s still worth looking into. If you have an employer-sponsored retirement account, such as a 401(k) or 403(b), ask your company’s human resources department if there is a company match — then make sure you’re contributing at least as much as you need to take advantage of it.

With an employer match, the company is contributing up to a percentage of what the employee puts

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Canadian business leaders’ economic confidence is improving

Bloomberg

Central Banks to Pour Money Into Economy Despite Sharp Rebound

(Bloomberg) — The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back on their emergency stimulus.In Bloomberg’s quarterly review of monetary policy covering 90% of the world economy, the Federal Reserve, European Central Bank and Bank of Japan are among the 16 institutions set to hold interest rates this year.The outlook suggests officials still want to guarantee the recovery from last year’s coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs. That may require them to accept any

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Lemonade Revving Up to Enter Car Insurance Market

Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S.

The insurtech announced it is readying what it calls Lemonade Car for launch within the year. It is inviting customers to register early.

This is the company’s third expansion into a major new insurance category in less than 12 months. The company started with homeowners products, adding pet insurance in the second half of 2020, and term life insurance in the first half of 2021.

Last July, Lemonade launched the first

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State denies quick review in complaint against Bronson campaign alleging campaign finance violations

The Alaska Public Offices Commission will not expedite its consideration of a complaint lodged against Anchorage mayoral candidate Dave Bronson claiming he violated campaign finance rules.

Forrest Dunbar, Bronson’s opponent in the race for Anchorage mayor, filed the complaint Monday with the state and requested an expedited review.

During an initial hearing held Wednesday, the commission considered “whether or not the alleged violation or alleged violations — if not immediately restrained — could materially affect the outcome of an election,” APOC Chair Anne Helzer said.

Dunbar’s campaign did not meet the burden of proof showing that the alleged violations could

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Stocks are booming, but traders are having a harder time making money

Traders on the floor of the New York Stock Exchange.

Source: NYSE

This is a very powerful rally. The combination of surprisingly strong economic reports and even more surprisingly strong earnings reports is pushing broad swaths of the U.S. stock market to new highs.

Even the technicians who chart momentum are impressed.

“The vast majority of NYSE stocks are in intermediate-term uptrends, independent of short-term pullbacks and volatility,” Michael N. Kahn of Lowry Research, the oldest technical analysis service in the U.S., wrote in a note to clients.

Of course, the market hit new highs in January and February, but

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Fairfax County granted federal funds for personal protective equipment

Fairfax County has been awarded approximately $3.3 million in federal funds to cover the costs of personal protective equipment, Sens. Tim Kaine and Mark Warner announced on Wednesday (April 14).

The funds come from the Federal Emergency Management Agency and will be used to purchase and distribute masks, respirators, eye and face shields, and other PPE necessary to protect county workers during the COVID-19 pandemic, according to a joint news release from the senators’ offices.

The money can also go toward tents, bags, door openers, and tables utilized by workers as part of the county’s pandemic response.

“We’re glad to

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