Finance

‘Our Linda’: Andover murder victim had major finance job at local company | Merrimack Valley
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‘Our Linda’: Andover murder victim had major finance job at local company | Merrimack Valley

ANDOVER — Intensely private and reserved, Linda Robinson was also diligent, exacting and detail oriented, her former boss recalled. “That’s an enormous thing to have in a finance director in a complicated business,” said Mark DiSalvo, president and CEO of Sema4, Inc., also known as Semaphore, in North Andover. Robinson was his director of finance for 25 years. She left the company on good terms shortly before the COVID-19 pandemic in 2020, said DiSalvo, who is also the North Andover town moderator. Linda Robinson, 55, was found murdered early Thursday morning in her $2 million 48 Porter Road home. Her…
by Wirya•
Euthanasia Soon to Be A Leading Cause of Death in Canada?
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Euthanasia Soon to Be A Leading Cause of Death in Canada?

February 7, 2023 · 7:00 AMFrom DailyMail:Last year, more than 10,000 people in Canada – surprisingly that’s over three percent of all deaths there – ended their lives via euthanasia, an increase of a third in the previous year. And it’s likely to keep rising: next year, Canada is set to allow people to die exclusively for mental health reasons.Only last week, a jaw-dropping story emerged of how, five years into an infuriating battle to obtain a stairlift for her home, Canadian army veteran and Paralympian Christine Gauthier was offered an extraordinary alternative. A Canadian official told…
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“Dr. Doom” Roubini Expects a ‘Long, Ugly’ Recession and Stocks Sinking 40%
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“Dr. Doom” Roubini Expects a ‘Long, Ugly’ Recession and Stocks Sinking 40%

(Bloomberg) — Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500 . Most Read from Bloomberg “Even in a plain vanilla recession, the S&P 500 could fall by 30%,” said Roubini, chairman and chief executive officer of Roubini Macro Associates, in an interview Monday. In “a real hard landing,” which he expects, it could fall 40%. Roubini whose prescience on the housing bubble crash of 2007 to 2008…
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Apple pay-later foray blurs tech-finance boundary
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Apple pay-later foray blurs tech-finance boundary

The Apple Inc. model is seen throughout the lobby of New York Metropolis’s flagship Apple retailer January 18, 2011.Register now for FREE limitless entry to Reuters.comRegisterLONDON, June 9 (Reuters Breakingviews) – Tim Cook dinner dinner has crossed the banking divide. Massive US tech firms need to date largely saved out of the lending enterprise. Nevertheless on Monday Apple’s (AAPL.O) chief authorities unveiled plans to utilize the $2.4 trillion agency’s stability sheet to produce “buy now, pay later” loans to iPhone clients. The push into financial firms will protect standard banks on their toes. Apple has carried out…
by Wirya•
Don’t Let These 4 Things Wreck Your Finances in 2023
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Don’t Let These 4 Things Wreck Your Finances in 2023

Image source: Getty ImagesTo keep your finances on track in 2023 — here’s what not to do.Key pointsSticking with mediocrity financial products when there are better options available could cost you a significant amount of money. Procrastination keeps many people from starting good financial habits, such as investing regularly. Being wasteful with your money and getting into credit card debt can also wreck your finances.Some financial decisions don’t make a big difference in the grand scheme of things. Went over your grocery budget one weekend because you had family over? It’s pretty easy to get back…
by Wirya•
Two Hospitals Fined for Violation of Medicare’s Price Transparency Law
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Two Hospitals Fined for Violation of Medicare’s Price Transparency Law

September 15, 2022 · 7:00 AMNot the offending hospital I’ve long been an advocate for price transparency in healthcare. The Centers for Medicare and Medicaid Services (aka CMS) has recently taken action that requires hospitals to post their prices online, which should boost competition and help you shop around to save money. If memory serves, the price posting only applies to a limited number of services. I presume the rare hospitals that don’t accept Medicare and Medicaid payments are exempt. From MedPage Today:This week [June 2022], CMS handed down their first penalties to two hospitals in Georgia for…
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US consumers swap credit cards for other financing options: JD Power
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US consumers swap credit cards for other financing options: JD Power

Although US credit card users are happy with this credit option, they’re using it less frequently in favor of other alternatives, a JD Power study said. (iStock)Although Americans are happy with their credit card services, financial stress and the increased use of alternative financing options means they are relying on them less, a recent study said. The JD Power 2022 US Credit Card Satisfaction study said that overall satisfaction with credit cards improved by 5 points to 810 (on a 1,000-point scale) compared to last year. This was measured by the so-called Net Promoter Score. However, the study said…
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Stocks plunge after rate hike, Powell comments
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Stocks plunge after rate hike, Powell comments

US stocks tumbled in volatile trading Wednesday afternoon as the Federal Reserve dealt another outsized interest rate hike in its fight against stubborn inflation. The US central bank lifted its benchmark policy rate by 0.75% for a third consecutive time, bringing the federal funds rate to a new range of 3.0% to 3.25% — its highest level since 2008 — from a current range between 2.25% and 2.5% . The S&P 500 and Dow Jones Industrial Average each shed around 1.7%, while the technology-heavy Nasdaq Composite was off by 1.8%. Meanwhile, the CBOE Volatility Index (^VIX) – Wall Street’s “fear”…
by Wirya•