In this article, we will take a look at the 10 biggest losers this week. If you want to see some more stocks on the list, go directly to 5 Biggest Losers This Week. U.S. stocks turned green in the mid-day trading session on Friday, October 21. The surge was apparently driven by reports suggesting […]
When most people reach the age of 50, they start thinking about retirement. At this age, you need a strategy in place about housing, working and income before retiring. For instance, should you pay off the mortgage, or sell your house and downsize to a smaller home? Similarly, income during retirement is a vital consideration, because Social Security will probably not cover all your needs. Even $1 million may not be enough in a retirement account, assuming you follow the 4% withdrawal rule. If y
U.S.-based money transfer firm Western Union Co, announced an agreement Wednesday with South American e-commerce giant MercadoLibre to send digital remittances to Mexico, which have become a lifeline for the weakened local economy. The partnership will allow families abroad to send money through Western Union, while those in Mexico can collect the payments through Mercado Pago, MercadoLibre's digital finance arm, the two companies said. "The amount of time we save people who don't have to go to a physical location to pick up the remittance, we think that's an important advantage, and... you don't have to carry that cash from one place to another," said Pedro Rivas, director of Mercado Pago in Mexico.