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Dow drops 200 points as traders mull Biden’s stimulus plan and soft retail-sales data

Summary List Placement US stocks sank on Friday as investors digested President-elect Joe Biden’s stimulus plan and a December slump in retail sales. Biden rolled out a $1.9 trillion relief proposal on Thursday that includes $1,400 direct payments, state and local government aid, and expanded unemployment benefits. While Democrats’ soft Senate majority increases the odds […]

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Life insurance jargon can be confusing — here’s a list of the most common terms and their meanings

Table of Contents: Masthead StickySummary List Placement There are many words and phrases that are unique to the life insurance industry, and if you’re shopping for life insurance, it’s likely you’ll come across some you aren’t familiar with. Below you’ll find a list of common phrases and their definitions from the National Association of Insurance […]

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Answers to 9 crucial questions about the coronavirus variants spreading around the world

Summary List Placement Experts are urgently investigating three different coronavirus variants — first identified in the UK, South Africa, and Japan — that have caused explosive outbreaks and are spreading around the world. UK healthcare services risk becoming overwhelmed within weeks as the number of new infections surges. Certain hospitals in London have already run […]

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An ex-Goldman trader whose firm helps investors navigate market chaos just passed $1 billion in assets after converting her hedge fund into an ETF

Summary List Placement Nancy Davis once won an award as a “rising star” in the hedge fund world. Now her star is rising in the exchange-traded-fund world, which is rapidly eclipsing that of hedge funds. Davis’ Quadratic Interest Rate Volatility and Inflation Hedge ETF, or IVOL, recently surpassed $1 billion in assets. It’s been less […]

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Disney has lost at least 40 top execs since Bob Chapek became CEO a year ago. Here are the leaders who have left and what it says about the new power structure. (DIS)

Summary List Placement Disney kicked off in February 2020 a big transition that began with CEO Bob Iger scaling back his duties ahead of his planned retirement, and company veteran Bob Chapek taking the helm. Since then, at least 40 senior executives have departed Disney, including key business leaders who resigned like Kevin Mayer and […]

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COO and cofounder of Southeast Asia’s most valuable startup, Grab, shares how the company grew from a ride-hailing service to a ‘super app’

Summary List Placement At the end of 2020, ride hailing company Grab took another step in its transformation journey when, in a consortium with local telco Singtel, it was awarded one of two full digital banking licenses in Singapore. The move was the latest in a series of developments that has seen the 8-year-old company […]