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Earnings Call: A Closer Look at Financial Reports

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The second quarter of 2016 marked the fifth quarter in a row of declining U.S. corporate earnings. Low oil prices and a strong dollar were largely to blame for lackluster financial results. 1 Publicly traded companies are required to report quarterly financial results to regulators and shareholders. Earnings season is the often-turbulent period when most …

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Roth IRAs may work for older savers after all

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A new study says that older workers saving for retirement might be well advised, contrary to popular wisdom, to use both Roth IRAs and traditional retirement plans to put their money away. Older workers have usually been cautioned away from Roth IRAs, for more than one reason — not only are they generally looking for …

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Three elite universities sued over defined contribution plans

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Fiduciaries at three of the nation’s most elite universities have been sued for imprudently managing retirement assets in defined contribution plans. Participants in New York University’s and Yale University’s 403(b) plans, and participants in the Massachusetts Institute of Technology’s 401(k) plan, paid excessive recordkeeping and fund management fees, among other allegations in the complaints, which …

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Quiz: Test Your Interest Rate Knowledge

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In December 2015, the Federal Reserve raised the federal funds target rate to a range of 0.25% to 0.50%, the first rate increase from the near-zero range where it had lingered for seven years. Many economists viewed this action as a positive sign that the Fed had finally deemed the U.S. economy healthy enough to …

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How is GDP calculated in the U.S.?

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GDP, or gross domestic product, is a measurement of the total value of all goods and services produced in the United States over a given time period. It is used by economists, government officials, market forecasters and others to gauge the overall health of the U.S. economy. Although there are several ways of calculating GDP, …

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