Security Archives - Zxcoachoutlet

Federal employees in debt can lose security clearance

October 6, 2020

Unless you are the president.

President Trump — privy to the nation’s most precious secrets — the vice president and members of Congress aren’t subjected to the same background investigation many federal workers must endure to get or keep jobs. Those jobs are with organizations that do sensitive work, but the people are not necessarily spies, intelligence analysts or in high-level positions. They can be receptionists and office workers.

Whatever position, they must have their finances under control in the eyes of agency decision-makers. Being hundreds of millions of dollars in debt certainly would raise countless red flags. But not for Trump.

The president’s “finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed,” according a New York Times article pegging his debt at $421 million.

Security clearances have been denied to regular employees and contractors for much

Social Security ‘insurance:’ Company offers product to protect against surplus running out

October 3, 2020

| No Comments

| insurance

Those approaching retirement can now buy a type of “insurance” to guard against reduced Social Security benefits.

The product — a rider on an annuity — is the first of its kind, but some experts expect similar offerings to follow as worries over the future of the entitlement program grow due to the pandemic.

“The largest unaddressed fear is the Social Security reduction,” said David Duley, founder and CEO of PlanGap, which has received regulatory approval for the new product in 44 states.

The surplus in the fund that pays out Social Security benefits will be depleted by 2031 — a year earlier than previously forecast — largely due to mass layoffs during the pandemic, according to the Congressional Budget Office. After that, the fund could pay about three-quarters of benefits for retirees, a major hit to the largest source of retirement income for most Americans.

“People are in this

Zacks Industry Outlook Highlights: Astec Industries, Sealed Air Corp, Berry Global and Fortune Brands Home & Security

October 1, 2020

| No Comments

| business

For Immediate Release

Chicago, IL – October 1, 2020 – Today, Zacks Equity Research discusses Industrial Products, including Astec Industries, Inc. ASTE, Sealed Air Corporation SEE, Berry Global Group, Inc. BERY and Fortune Brands Home & Security, Inc. FBHS.

Link: https://www.zacks.com/stock/news/1069217/4-promising-industrial-stocks-to-play-the-sectors-rebound

The COVID-19 pandemic adversely impacted the Industrial Products sector in the earlier part of the year. Factory closures worldwide owing to restrictions imposed by several governments, pandemic-induced supply chain disruptions, low demand for goods and volatility in the energy market crippled the sector.

The sector logged a decline of 18.3% in earnings in the first quarter of 2020 followed by a plunge of 35.3% in the second quarter, highlighting the slowdown in industrial production amid coronavirus crisis-hit demand. The sector is anticipated to witness a decline of 26% and a 17.6% in the third quarter and the fourth quarter, respectively, per our latest Earnings Trends report.

Sector Slowly Getting

Democrat asks Intelligence director if Trump’s personal debt is security problem

October 1, 2020

| No Comments

| personal

A Democrat on the House Intelligence Committee is pressing the Director of National Intelligence (DNI) to assess whether President TrumpDonald John TrumpTrump signs bill averting shutdown after brief funding lapse Privacy, civil rights groups demand transparency from Amazon on election data breaches Facebook takes down Trump campaign ads tying refugees to coronavirus MORE‘s personal debt could be a vulnerability to U.S. national security and interests.

Rep. Raja KrishnamoorthiSubramanian (Raja) Raja KrishnamoorthiCDC causes new storm by pulling coronavirus guidance Democratic chairman says White House blocked Navarro from testifying Democrats urge CDC to update guidance to encourage colleges, universities go tobacco-free MORE (D-Ill.) in a pair of letters Thursday asked DNI John RatcliffeJohn Lee RatcliffeComey defends FBI Russia probe from GOP criticism Trump official releases unverified Russian intel on Clinton previously rejected by Senate panel Hillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray

Global Cyber Security Insurance Market 2020: key Vendors, Trends, Analysis, Segmentation, Forecast to 2025

September 29, 2020

| No Comments

| insurance

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Heraldkeepers) —
Summary

A New Market Study, titled “Cyber Security Insurance Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

This report provides in depth study of “Cyber Security Insurance Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Cyber Security Insurance Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

This market report offers a comprehensive analysis of the global Cyber Security Insurance market. This report focused on Cyber Security Insurance market past and present growth globally. Global research on Global Cyber Security Insurance Industry presents a market

Ethics experts see national security concern in Trump’s reported personal debt

September 28, 2020

| No Comments

| personal

WASHINGTON (AP) — Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow over his presidency that ethics experts say raises national security concerns he could be manipulated to sway U.S. policy by organizations or individuals he’s indebted to.

New scrutiny of Trump, who claims great success as a private businessman, comes after The New York Times reported that tax records show he is personally carrying a staggering amount of debt — including more than $300 million in loans that will come due in the next four years.

Sen. Elizabeth Warren, D-Mass., was blunt about the potential implications. “He may be vulnerable to financial blackmail from a hostile foreign power and God knows what else,” said Warren, a frequent Trump critic.

The Times said the tax records also show that Trump did not pay any federal income taxes in 11 years

Kiplinger’s Personal Finance: When to take Social Security? | Business News

September 27, 2020

| No Comments

| personal

For each year you postpone taking benefits past full retirement age up to 70, you get an 8% boost in delayed retirement credits.

Claiming at 70 is often the best move if you can afford to wait and expect to live until at least about age 80.

Postponing benefits may also help keep you in a lower income-tax bracket during the early years of your retirement.

While you’re in a lower bracket, it may make sense to convert a traditional IRA to a Roth, for example, paying a reduced tax rate now and enjoying tax-free withdrawals later.

For married couples, it’s wise for the higher-earning spouse to claim benefits at 70, if possible. That’s because when one spouse dies, the surviving spouse receives 100% of the highest benefit.

“This will increase the guaranteed stream of income that lasts not just for the higher earner’s lifetime, but also the spouse’s lifetime.

Life Insurance Supplements Social Security by $1.5 Trillion Over Nine Years

September 26, 2020

| No Comments

| insurance

NEW YORK–(BUSINESS WIRE)–Between 2010 and 2018, the U.S. life insurance industry distributed nearly $1.5 trillion in claims and benefits to policyholders, an amount equal to 19 percent of all Social Security payments made over that same period, according to a study released today.

These numbers highlight the crucial role that life insurers play in relieving pressure on government programs. If Social Security had to finance all the benefits provided by private life insurance, U.S. payroll tax revenue would have to increase by at least 19 percent.

“The life insurance industry has always functioned as a private sector safety net. At a moment when public finances are strained by the COVID-19 pandemic and the economic downturn, the benefits we pay are more important than ever,” said Mike Zarcone, head of Corporate Affairs for MetLife. “Our industry also helps create the foundations of long-term prosperity by investing trillions in the

New Book Offers Practical Tips for Achieving Financial Security

May 1, 2020

| No Comments

| finance

In Your Money and You: How to Increase Your Chances of Achieving Financial Security, Deborah Ellis, a longtime Certified Financial Planner (CFP), offers readers a plethora of information about stocks, bonds, saving, investing, allocating your investments, and even individual advice for people in different industries. While the book is full of information, it’s also written in a highly accessible manner. Ellis shares her personal stories of how she began saving money as a child and young woman, how her aunt taught her how to invest and buy stocks, and how things have changed in the decades since she began saving. Her personal experiences then branch into her professional experiences with clients and with years of investing in the market.

I know investing can be scary and confusing, but that’s usually due to a lack of information or the fear that we won’t understand the information. As Ellis shows us, investing … Read More