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COP27: Climate anxiety is rising – it might be a good thing

COP27: Climate anxiety is rising – it might be a good thing

Science
Getty ImagesBy Georgina RannardBBC News Climate & ScienceGlobal leaders are about to meet for another UN climate summit - COP27 starting in Sharm el-Sheikh on Sunday - and the reality of climate change for many people can be overwhelming.Record-breaking heatwaves, devastating floods in Pakistan, and drought in East Africa - and that is just this year.It is no surprise that climate anxiety is rising, particularly among young people, who have mostly only known a world affected by climate change.But experts and activists have told BBC News that these fears can actually be good news for the planet."People are who really aware of climate change may be more motivated to take action," University of Bath environmental psychologist Prof Lorraine Whitmarsh says.Her research has found a link betw...

That raise you got might complicate saving for retirement, but advisors have workarounds

Finance
Supoj Buranaprapapong | Getty ImagesIt's always nice getting a raise, but it could affect your ability to save for retirement through your 401(k) plan.Highly compensated employees — those making more than $ 130,000 annually — may not be able to contribute the maximum to their tax-deferred retirement plan if their lower-paid colleagues aren't diligently socking funds away, too.The 2020 and 2021 limits for deductible contributions to a 401(k) plan are $ 19,500, or $ 26,000 including a $ 6,500 optional catch-up contribution for people over age 50.Highly compensated employees, however, may not be able to contribute those maximum amounts. HCEs are defined as anyone who makes more than the $ 130,000 income threshold or who — along with their spouse and/or family members — owns more than 5% ...

The GameStop mania might be over, but retail investors look here to stay

Finance
Luis AlvarezThe GameStop bubble has come and gone but the rookie investors who speak emoji and Reddit may be here to stay with big implications for brokerage firms, as well as traditional investors who must pay closer attention to where this fast-moving, smartphone app-wielding crowd is moving next."We believe some of the new retail activity is here to stay," wrote an analytics team at Bank of America in a report to clients.Bank of America's team found that the unprecedented surge in brokerage app downloads during the GameStop mania is continuing at a rapid pace this month even with the GameStop trade itself now forgotten. Credit Suisse data shows retail trading as a share of overall market activity has accelerated in recent months and has now doubled compared to the start of last year.Plu...

With bitcoin ticking over $28,000, now might be a good time to give some of it to charity

Finance
Getty ImagesSitting on a growing bitcoin fortune? Consider giving away some of it to charity.As 2020 draws to a close, the cryptocurrency has seen a massive surge in appreciation. The value of a single unit of bitcoin is now hovering around $ 28,000.Though longtime holders of the virtual currency are rejoicing, they run the risk of winding up overweight in bitcoin. That is, the massive run-up in values could suddenly result in investors having more exposure toward bitcoin — and its risks — than they'd like.Similarly, while cashing out of your holdings might seem attractive, it could come with a hefty capital gains tax bill on the appreciation.More from Advisor Insight:How financial advisors say to use your $ 600 stimulus checkHere's who's likely eligible for a second stimulus checkCovid ...
Covid: How many cases might contact tracers have missed?

Covid: How many cases might contact tracers have missed?

Health
An IT failure has caused almost 16,000 coronavirus cases to go missing from official data in England. The infected individuals themselves were notified, and would hopefully have isolated to prevent spreading the infection, but the glitch meant none of their contacts were notified at the time. A BBC analysis suggests this could mean at least 34,000 contacts were left in the dark about having been exposed to the virus. And those missed contacts, who tracers are now urgently trying to reach, may have been unknowingly spreading the virus on to others for days.Who is affected?Speed is of the essence when it comes to contact-tracing. Every missed day represents an opportunity for the infection to travel.At the moment, about 60% of people who are reached by a co...