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Products, Deals and People |
Vanguard Offers Guide to Evaluating TDFs |
The guide provides a checklist for periodic reviews, key questions to ask and items to consider.Read more > |
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Economic Events |
The Conference Board Consumer Confidence Index increased again in October, following a modest improvement in September. The Index now stands at 137.9 (1985=100), up from 135.3 in September. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – improved from 169.4 to 172.8. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – increased from 112.5 last month to 114.6 this month. |
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Sponsored message from Vanguard |
How target-date funds (TDFs) can help combat inflation.
Can TDFs withstand increasing inflationary pressures? We believe so, all while providing long-term growth in excess of inflation. Read more > |
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Market Mirror |
Tuesday, the Dow gained 431.72 points (1.77%) to finish at 24,874.64, the NASDAQ closed 111.36 points (1.58%) higher at 7,161.65, and the S&P 500 increased 41.38 points (1.57%) to 2,682.63. The Russell 2000 was up 29.33 points (1.99%) at 1,506.64, and the Wilshire 5000 climbed 441.57 points (1.62%) to 27,669.64. The price of the 10-year Treasury note was down 9/32, increasing its yield to 3.119%. The price of the 30-year Treasury bond decreased 14/32, bringing its yield up to 3.357%. |
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Investing |
Consider Who Will Select It When Choosing a Retirement Plan Default Investment |
A retirement plan’s default investment could have drawbacks for some employees.Read more > |
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Small Talk |
Forty-four percent of employees surveyed said a boss has been the primary reason they have left a job, according to BambooHR’s Bad Boss Index. Seventeen percent of respondents who said a boss had been the primary reason they left a job said it was because their boss took credit for their work. Taking credit for an employee’s work was No. 1 on the Top 10 bad boss behaviors list.Read more > |
ON THIS DATE: In 1517, Martin Luther posted the 95 Theses on the door of the Wittenberg Palace Church. The event marked the start of the Protestant Reformation in Germany. In 1864, Nevada became the 36th state to join the U.S. In 1868, Postmaster General Alexander Williams Randall approved a standard uniform for postal carriers. In 1926, magician Harry Houdini died of gangrene and peritonitis resulting from a ruptured appendix. His appendix had been damaged twelve days earlier when he had been punched in the stomach by a student unexpectedly. During a lecture Houdini had commented on the strength of his stomach muscles and their ability to withstand hard blows. In 1941, Mount Rushmore was declared complete after 14 years of work. At the time the 60-foot busts of U.S. Presidents George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln were finished. In 1952, the U.S. detonated its first hydrogen bomb. In 1956, Rear Admiral G.J. Dufek became the first person to land an airplane at the South Pole. Dufek also became the first person to set foot on the South Pole. In 1968, President Lyndon B. Johnson ordered a halt to all U.S. bombing of North Vietnam. In 1969, Wal-Mart Discount City stores were incorporated as Wal-Mart Stores, Inc. In 2001, Microsoft and the U.S. Justice Department reached a tentative agreement to settle the antitrust case against the software company. WEDNESDAY WISDOM: “Never go to a doctor whose office plants have died.”—Erma Bombeck, American humorist, journalist |
Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more > |