News 

Early retirement gone wrong: how to make sure your FIRE plans don’t get derailed

“If you miscalculate your future expenses, you could end up exhausting your nest egg ahead of schedule” writes Markets Reporter for marketwatch.com. In fact, the biggest unexpected cost in retirement is a major home repair, according to a Society of Actuaries study on unexpected or shocking retirement expenses.If your early retirement is a team effort as part of a marriage or committed partnership, experts say you need to make sure you also plan for if it were just you.For members of the FIRE movement — short for “financial independence, retire…

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McDonald’s new CEO had a global town hall about the future of the fast-food giant

“During the town hall, Hernandez Jr. alluded to the termination of former CEO Steve Easterbrook, who was forced to leave the company after having a consensual relationship with another McDonald’s employee” writes Finanzen Net Gmbh for businessinsider.com. Kempczinski, Hernandez Jr., and Joe Erlinger, the new president of McDonald’s US business, are working to get the entire McDonald’s system on board with the new leadership.CEO Chris Kempczinski and Rick Hernandez Jr., the chairman of McDonald’s board of directors, answered questions about the future of the company in a town hall held…

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Cleveland Hts. council to meet on Severance Town Center proposal

“CLEVELAND HEIGHTS, Ohio — After a rare second reading without final passage this week, City Council will meet Tuesday (Nov. 12) with the consulting team recommended to do a redevelopment plan for Severance Town Center” writes Thomas Jewell Gmail for cleveland.com. “This plan will then be used to attract a future development partner with the track record and expertise to redevelop this property,” Briley added. Source: cleveland.com

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SoftBank says WeWork Japan can become profitable ‘in near future’

“WeWork Japan, a joint venture between the U.S. startup, telco SoftBank Corp and its parent SoftBank Group Corp , is growing well with high occupancy rates, SoftBank Corp’s CEO Ken Miyauchi said” writes Midwest Communications Inc for 95kqds.com. TOKYO (Reuters) – WeWork’s Japan unit can become profitable “in the near future”, the Japanese partner of the U.S. office-space sharing startup said on Tuesday, amid investor scepticism over its path to profitability. Source: 95kqds.com

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There are only 2 situations where you don’t need life insurance — otherwise, you should have it

“The best kind of life insurance for most people is term life insurance” writes Eric Rosenberg for businessinsider.com. For some people with a high income, whole life insurance or universal life insurance could make sense.But for most people, the best kind of life insurance to get on your own is term life insurance.Find the right life insurance policy today with help from Policygenius » But just because you are not married with kids doesn’t mean you shouldn’t get life insurance.There are two main situations where you might not need life…

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Canceling student-loan debt could have limited positive impact and introduce ‘moral hazard’ that would make the situation worse, Moody’s warns

“That’s made debt forgiveness a hot-button issue and led to proposals from Democratic presidential candidates Bernie Sanders and Elizabeth Warren to cancel some or all of Americans’ student loan debt” writes Finanzen Net Gmbh for businessinsider.com. That “could ultimately exacerbate the acculmulation of higher student debt burdens in the future,” he said, which would make the current issue much worse.Overall, if student loan debt were canceled, “the magnitude of the stimulus would depend on the size of the debt relief and income level of the beneficiaries,” Foster wrote.In the last…

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Here are 3 reasons why America’s future ‘belongs to the left’

“Without the subversion of democracy, the US appears destined to drift towards the left for a host of economic, demographic, and cultural reasons,” he wrote in a report on October 31″ writes Finanzen Net Gmbh for businessinsider.com. “While all versions of left-wing populism are consistent with big government in the economic sphere, on the right, only authoritarianism is,” Licht says. Source: businessinsider.com

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Crypto News 

Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam

“The Malta Financial Services Authority (MFSA) has warned of a new Bitcoin (BTC) scam that shares the same characteristics as a previously identified entity” writes Marie Huillet for cointelegraph.com. The notice includes a link to an official list of financial services entities currently licensed by the MFSA, as well as its scam detection guidelines and a point of contact for scam alerts and victims.The MSFA cautions the public that an entity dubbed “Bitcoin Future” appears to display “the same deceitful characteristics” as a separate scam, dubbed “Bitcoin Revolution,” for which…

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Airtel Is Helping Build A Smarter Digital Future. This Is How

“One such telecom operator that demonstrated its plans towards building a smarter digital future for India was Airtel” writes Mashable India for mashable.com. India is slowly but surely working towards its vision of ‘Digital India’ with different businesses and organizations, propelling the digital growth forward with their new cutting-edge innovations.Other than its 5G cloud gaming, Airtel also revealed its IoT Robotic Surgery which paves the way for next-level remote communication in healthcare. Source: mashable.com

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Tim Cook hints at a potential future plan to sell iPhones as a subscription service

“On Apple’s earnings call Wednesday, CEO Tim Cook hinted at a potential iPhone subscription service in the future, something investors have been talking about for years” writes Mary Meisenzahl for businessinsider.com. Analyst Toni Sacconaghi asked if there was a possibility that the company might bundle hardware into a subscription in the future. Source: businessinsider.com

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