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Fourth of July to be busiest travel weekend since before pandemic


Fourth of July to be busiest travel weekend since before pandemic
According to AAA upwards of 50-million people will be traveling this weekend.
and last updated 2021-07-02 00:24:07-04
CHEEKTOWAGA, N.Y. (WKBW) — According to AAA, nearly 50 million people will travel this Fourth of July Weekend.
While more people are traveling now that COVID-19 cases are down, the airline industry is still ramping up the number of flights to accommodate for pre-pandemic travel.
“They re really working to get a lot of their parked planes back in service. It is a process. So, they ve had furloughed cabin crew and furloughed pilots and what they have to do is they have to go through refresher training before they can get back in the air,” said Bryan Murray the Director of Travel with AAA of Western and Central New York. ....

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Exclusive: Personal finance startup NerdWallet files for U.S. IPO - sources


2 Min Read
FILE PHOTO: Stock Exchange is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo
(Reuters) - NerdWallet Inc, the owner of the eponymous consumer financial advice website, has confidentially submitted paperwork to U.S. regulators for an initial public offering (IPO), people familiar with the matter said on Friday.
NerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange the IPO and is aiming to go public before the end of the year, the sources said. The San Francisco-based company could seek a valuation of as much as $5 billion, two of the sources added. ....

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Exclusive-Personal finance startup NerdWallet files for U.S. IPO -sources


2 Min Read
FILE PHOTO: Stock Exchange is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo
(Reuters) - NerdWallet Inc, the owner of the eponymous consumer financial advice website, has confidentially submitted paperwork to U.S. regulators for an initial public offering (IPO), people familiar with the matter said on Friday.
NerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange the IPO and is aiming to go public before the end of the year, the sources said. The San Francisco-based company could seek a valuation of as much as $5 billion, two of the sources added. ....

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Weston: Will you really run out of money in retirement?


Weston: Will you really run out of money in retirement?
By: Liz Weston
NerdWallet
April 14, 2021
Liz Weston
Many people retire without enough money to maintain their pre-retirement standard of living. Once retired, though, they often reduce spending to make their money last, according to a recent study. The findings challenge a common financial planning assumption that retirees’ spending will increase at the rate of inflation each year.
However, the research also indicates many people retire without a realistic understanding of how much they can safely spend.
Running out vs. running short
The fear of running out of money is pervasive. Nearly half of Americans have this concern, according to a 2019 survey. And their worries may be well-founded. A 2012 report found 46.1% of older adults died with less than $10,000 in financial assets. ....

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