Nearly 50% of seniors aged 75 and over have outstanding debt, according to the Employee Benefit Research Institute. That’s up from just 25% back in 1992. Worse yet, the most notable debt increases stem from lower-income seniors who need to rely on credit cards to make ends meet.
Now the good news is that the debt carried by seniors 75 and older is primarily of the mortgage variety, and that’s the good kind to have. But many retirees carry outstanding credit card balances, and some even have student debt hanging over their heads.
All told, the median debt level....More>>>
303 Days to Go
Today in Brexit: With Italy dominating the headlines, a prominent anti-Brexit voice has a warning for the EU.
Less than two years after the Brexit vote, a new crisis is brewing in Europe.
Political turmoil in Italy rocked global markets yesterday, sparked by the prospect of anti-Europe, nationalist parties turning an election into a de facto referendum on Italy’s membership of the euro. Bond yields soared and the single currency fell. The British pound didn’t escape the selloff, falling to a six-month low against....More>>>
A coming $112.8 billion increase to the defense budget is going to be one of the top catalysts for drone stocks next year, and that’s great news for investors…
The Senate passed a $700 billion National Defense Authorization Act (NDAA) for 2018 on Sept. 18, 2017.
Last year’s budget earmarked $587.2 billion for military spending, with $4.61 billion for drone-related spending.
Now that the budget is getting a $112.8 billion increase for 2018, more money can be allocated to unmanned aerial vehicles.
Top 5 Heal Care Stocks For 2019: International Paper....More>>>
Headlines about Computer Task Group (NASDAQ:CTG) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Computer Task Group earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the information technology services provider an impact score of 47.1968112538309 out of 100, indicating that recent....More>>>
The pharmaceutical industry is constantly under pressure for the high prices they charge for drugs, and many times they become the whipping boys for politicians seeking to gain favor with constituents bytaking on the big bad drug companies.
The reality is that the drug industry plans to fail nine times out of ten when trying to bring a new drug to market and with the fully burdened cost per drug approval at a staggering $2.6 billion, with 55% of that number coming from compound failures, the road to success is difficult and costly.
In a new research report from Jefferies, they....More>>>