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1st small modular nuclear reactor certified for use in the United States

1st small modular nuclear reactor certified for use in the United States

The United States Nuclear Regulatory Commission has certified the design of what will be the first small modular nuclear reactor in the United States. The rule that certifies the design was published Thursday in the Federal Register. This means that companies looking to build and operate a nuclear power plant can choose the 50-megawatt Advanced …

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Households earning $100,000 or more cut spending more aggressively.  What is going on?

Households earning $100,000 or more cut spending more aggressively. What is going on?

We want to hear from readers who have stories to share about the effects of rising costs and changing economies. If you want to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A journalist can be in contact. High-income households are feeling the pinch of inflation. …

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Crypto platform Bitzlato accused of laundering over $700 million in illicit money

Crypto platform Bitzlato accused of laundering over $700 million in illicit money

US authorities have designated the cryptocurrency exchange Bitzlato Ltd. as a major money laundering problem and accused its founder of allegedly facilitating money laundering for criminals. The Treasury Department named Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for …

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The new pension law allows you to delay RMDs.  That doesn't mean you should.

The new pension law allows you to delay RMDs. That doesn’t mean you should.

Text size It’s worth doing the math to determine if taking RMDs earlier can lighten your tax bill. The time of dreams The Secure 2.0 law gives savers aged 72 and under an extra year before having to withdraw money from their retirement accounts. But just because you can defer your required minimum distribution (RMD) …

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Amazon and Salesforce cut jobs in latest purge of tech workers

E-commerce giant Amazon and enterprise software maker Salesforce are the latest US tech companies to announce major job cuts as they slash payrolls that have grown rapidly during the pandemic lockdown. Amazon announced on Wednesday that it would cut about 18,000 positions. It’s the largest round of layoffs in the Seattle-based company’s history, despite representing …

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My wife and I live "an average life" in the Bay Area, earning $320,000.  Last year we bought a house for $200,000 more than asked - now we don't want to live there.  Should we get help from a professional?

My wife and I live “an average life” in the Bay Area, earning $320,000. Last year we bought a house for $200,000 more than asked – now we don’t want to live there. Should we get help from a professional?

Getty Images/iStockphoto Question: I fell victim to FOMO during the housing market craze and bought a house for $200,000 above the asking price. Now house prices are coming back to reality and I feel like I’ve wasted my hard earned money. I don’t know what to do as I live with constant stress thinking I …

My wife and I live “an average life” in the Bay Area, earning $320,000. Last year we bought a house for $200,000 more than asked – now we don’t want to live there. Should we get help from a professional? Read More »

Here's the next mega-tech stock likely to fall into bear market clutches, according to this chart

Here’s the next mega-tech stock likely to fall into bear market clutches, according to this chart

Last goal for 2022? End it. Stock markets would just like to get there without more significant losses, says Louis Navellier, president and founder of Navellier and Associates, who adds that “anyone who made bets for a big rally this week is probably folding their tent.” But after Wednesday’s losses – amid a truly lackluster …

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