Monthly Archives: July 2022

Nothing Phone (1) review

Can a smartphone still be cool? They were, once upon a time, in those days when they were more luxury than ubiquity. But what happens when everyone has one — and, more to the point, we all pretty much have the same one? Phones aren’t fashion. They’re not clothes or shoes or even cars. Chances…

Biden urges Democrats to advance a healthcare bill without climate programs, giving in to Manchin ultimatum

President Joe Biden speaks to reporters in the Oval Office of the White House on May 9, 2022. Drew Angerer/Getty Images President Joe Biden gave in to Senator Joe Manchin’s ultimatum on spending. Manchin wanted to focus solely on healthcare subsidies, not climate and other measures. In a statement, Biden called on Congress to bring…

A Keogh Plan is a retirement account for self-employed workers and business owners

There are two types of Keogh plans: qualified defined-contribution plans and qualified defined-benefit plans. MoMo Productions/Getty A Keogh plan is a type of retirement investment account for self-employed workers and business owners.Contributions to a Keogh plan are made pre-tax, while withdrawals in retirement face income tax.Certain types of Keogh plans may have higher contribution limits…

Roth 401(k): An investment option that can help you create a tax-free income stream in retirement

An employer-sponsored Roth 401(k) is funded with after-tax income. Emma Innocenti/Getty A Roth 401(k) is a type of retirement account offered by employers.It combines elements of a traditional 401(k) and a Roth IRA.Contributions are made after taxes, and post-retirement withdrawals are tax-free. A 401(k) is a type of employer-sponsored retirement plan that allows you to…

Fiona Hill says she’s ‘very concerned’ a Republican more capable than Trump could ‘pull a Putin’ in the US

President Donald Trump and Russian President Vladimir Putin attend their bilateral meeting at the G20 Osaka Summit 2019, in Osaka, Japan on June 28, 2019. Mikhail Svetlov/Getty Images Fiona Hill told Insider she’s worried that someone more capable than Trump could “pull a Putin” in the US. “I’m very concerned about it,” Hill said, pointing…

Fiat money: Currencies that derive their value largely through trust in the governments that issue them

Fiat money gives authorities a lot of control over its supply and value. ipopba/Getty Fiat money is currency backed by the government that issued it and isn’t tied to a commodity such as gold. Fiat money issuers can have a lot of influence on the economy by controlling the supply of this currency.Overly aggressive monetary policies…