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☆ Annuity sales hit a record in 2023. Here's what to know about one popular option
▼ + stars: | 2024-01-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Fixed indexed annuity sales brought in a record $95.6 billion, up from 20% from the record hit the year prior. Indexed annuities earn interest that is calculated based on the changes within a market index, such as the S & P 500 or the Nasdaq 100. However, they also receive downside protection: They are credited zero interest if the index their annuity is tracking declines. The term of index annuities typically range from three to 15 years, according to Annuity.org . Fixed indexed annuities can also be complicated, warned David Blanchett, head of retirement research for PGIM DC Solutions.

Persons: Bryan Hodgens, Buyers, Hodges, Cannex, Melody Evans, Evans, David Blanchett, Blanchett, DIAs Organizations: Nasdaq, Cannex, Products, Insurance, TIAA, DC Solutions, FIA Locations: Connecticut

Three children who had been left home alone were in “extremely critical condition” and 10 firefighters were injured after two fires tore through an apartment building and several businesses in Brooklyn on Sunday, officials said. All 13 patients were in stable condition on Sunday afternoon, but the three children — ages 4, 5 and 8 — were hospitalized with severe injuries. One firefighter’s condition was considered critical but he responded well to treatment and was alert on Sunday afternoon, Fire Commissioner Laura Kavanagh said during a news conference. The three children were injured when fire broke out in an 11th-floor apartment just after 11 a.m. in a 14-floor building in the Brownsville section of Brooklyn, said the Fire Department chief of department, John Hodgens, during the news conference. Firefighters responded to the scene quickly, but Chief Hodgens said the apartment was locked, and they had to force open the door before they could crawl in.

Persons: —, Laura Kavanagh, John Hodgens, Kavanaugh, Firefighters, Hodgens Organizations: Fire Department Locations: Brooklyn, Brownsville

☆ High interest rates make these guaranteed-income products attractive. Here's what to know about fixed annuities
▼ + stars: | 2023-08-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Americans have flocked to annuities for guaranteed income over the past year, as interest rates rose and investors looked for safety amid the market turbulence and recession concerns. One of the popular products has been fixed-rate deferreds which — as the name implies — provide a fixed rate for a specific period of time. "So that opportunity to get a more competitive rate on a fixed annuity is not an indefinite window." Multiyear guaranteed annuities Traditional fixed annuities typically guarantee the rate for a portion of the contract, while a multiyear guaranteed annuity, or MYGA, has a rate of return that is guaranteed over the duration of the contract. When buying a fixed annuity, investors need to figure out the term that works best for them, said Limra's Hodgens.

Persons: we've, Bryan Hodgens, Doug Ornstein, David Blanchett, TIAA's Ornstein, Ornstein, Limra's, " Blanchett Organizations: TIAA Wealth Management, Federal Deposit Insurance Corporation, guaranty, DC Solutions, Insurance, TIAA Institute, Social Security Locations: Connecticut

☆ Uber is funding an e-bike trade-in program to curb battery fires
▼ + stars: | 2023-04-12 | by ( Samantha Kelly | ) edition.cnn.com time to read: +4 min

CNN —Uber is funding a new program that aims to get electric bikes with dangerous non-certified lithium-ion batteries off New York City streets. The news follows a string of fires caused by lithium-ion batteries, which have been known to overheat when charging and cause massive explosions. Earlier this week, the New York City police department said an e-bike’s lithium-ion battery was behind a fatal two-alarm fire in Queens. The FDNY’s Chief fire marshal John Hodgens said it was the 59th fire in the city this year caused by a lithium-ion battery. Part of the issue is that not all lithium-ion batteries are created equal.

☆ В Австралии нашли карликовых поссумов. Их считали вымершими из-за лесных пожаров
▼ + stars: | 2020-12-09 | by ( ) ru.diez.md time to read: +1 min

На острове Кенгуру в Южной Австралии нашли карликовых поссумов вида Cercartetus lepidus, которые считались вымершими из-за австралийских пожаров — огонь уничтожил около 88% ареала обитания сумчатых, пишет интернет издание Нож со ссылкой на The Guardian. Волонтеры изучают последствия пожаров, которые бушевали на острове в декабре 2019 — январе 2020 года: тогда сгорело около 155 тысяч гектаров леса, то есть треть острова. Экологи считали, что представители Cercartetus lepidus могли вымереть, лишившись привычной среды обитания, однако впервые за год их заметили во время исследований на острове. The status of the little pygmy possum (cercartetus lepidus) was unknown pre 2020 bushfires on #kangarooisland. Особи вида Cercartetus lepidus считаются самыми маленькими поссумами в мире.

Persons: Cercartetus lepidus, lepidus, Pat Hodgens, Нож, Пэт Ходженс Organizations: Guardian, Wildlife, Всемирный фонд природы () Locations: Кенгуру, Южная Австралия, Австралия

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