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Economists: GDP data show economy “in good shape”, labor market “crucial” for the rest of 2024


Economists: GDP data show economy “in good shape”, labor market “crucial” for the rest of 2024

According to one economist, Thursday’s revised gross domestic product figure was a clear sign that the U.S. economy is doing quite well. “The GDP revisions show that the US economy was in good shape in mid-2024,” Bill Adams, Chief Economist for Comerica Banksaid on Thursday. “Solid growth in consumer spending drove the economy forward in […]

Half of early retirees are afraid of running out of money but still plan to retire early


Half of early retirees are afraid of running out of money but still plan to retire early

A new survey by Schroders reveals a paradox among early retirees: While half of them fear losing their wealth, 43% plan to claim Social Security before age 67, the full retirement age for those born in 1960 and later. Only 10% of survey respondents plan to wait until age 70 to maximize their monthly pension, […]

EXCLUSIVE: Mantra aims to bring real-world assets to blockchain, CEO says ‘proven technology is secure and scalable’ – BlackRock (NYSE:BLK)


EXCLUSIVE: Mantra aims to bring real-world assets to blockchain, CEO says ‘proven technology is secure and scalable’ – BlackRock (NYSE:BLK)

According to a recent report by McKinsey & Company, there is still a long way to go to bring real-world assets (RWAs) onto the blockchain. Nevertheless, there is a lot of potential as the market could reach a total tokenized market capitalization of about $2 trillion by 2030. Mantra – a Layer 1 blockchain that […]