One in eight UK families pushed into funeral poverty

The total cost of dying typically soars above £10,000, according to funeral provider Farewill. Photo: Getty
The total cost of dying typically soars above £10,000, according to funeral provider Farewill. Photo: Getty

The high costs associated with funerals, probate and wills are currently forcing one in eight families in the UK into funeral poverty.

According to data from will writer and funeral provider Farewill, the total cost of dying typically soars above £10,000 ($12,500), with the average UK cremation costing £3,250 and will writing costing an average of £180.

Meanwhile, it typically costs more than £800, plus up to 5% of an estate’s value, to get the grant of probate.

The issues around the cost of dying and complex processes surrounding death have been thrown into sharp relief in the wake of the coronavirus pandemic.

Some 94% of people who have lost a loved one to coronavirus found administrative tasks negatively affected by the crisis, says Farewill.

Some 40% found it difficult to register the event

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Racism in the Influencer Industry

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Black creators want transparency and equality within the multibillion-dollar influencer industry.

The killing of George Floyd and subsequent global protests have rocked virtually all industries, including the business of influencing. The relatively young field of influencer marketing, just over a decade old, is riddled with racism, say influencers and talent managers. Black influencers on marketing platforms, including Fohr, say they are paid less than white peers, overlooked for advertising campaigns, and unable to negotiate on offers and terms.

The claims, highlighted in a number of Instagram accounts that have sprung up over the past month, portray the influencer industry as failing Black creators, and target what they see as companies’ hypocritical branding around authenticity and inclusivity.

One such account, @openfohr, has accused the agency Fohr of “exploitative and discriminatory practices,” according to a statement shared with WWD from Open Fohr’s eight founders, a

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10 Chicago Insurtech Firms That Could Win Big At The Benzinga Fintech Awards

Of all the opportunities in fintech, insurance technology might be the biggest. The $1-trillion insurance sector has remained stagnant for decades, but a few companies in Chicago are making tremendous plays to shake it up. 

These 10 insurtech companies from the Windy City are top candidates for success at this year’s Benzinga Global Fintech Awards

Convr: Manual underwriting tasks can be take a toll on administrative time and resources. Convr aims to solve this problem by creating software that leverages data science and artificial intelligence for feasible commercial underwriting.

The goal is to assist commercial insurers in providing customers with quick and accurate service while enhancing productivity and cutting out unnecessary losses. 

Convr offers solutions for mid-market and small business underwriting by reducing the loss ratio by up to one point, providing world-class customer experiences and leverage thousands of data sources, according to the company. 

Kin: Home

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The best wireless routers for 2020

Upgrading your router can improve your wireless speed, especially if you stream high-definition videos or play games online. A new router may also improve wireless coverage so you can watch and play anywhere in the home or office. Our current favorite is Netgear’s , as it packs many great features at an extremely affordable price.

Along with our favorite, we reviewed and compared many different models now available and selected the best wireless routers you can buy. Take a look at our recommendations to get a better idea of which device is a good match for your needs.

(Shopping on a budget? We’ve also rounded up the best wireless router deals.)

The best wireless routers at a glance

The best wireless router: Netgear Nighthawk RAX50 AX5400

Why you should buy this: It’s fully featured, priced competitively, and provides great speed.

$300 from Amazon

Who’s it for: People look

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Dropbox (DBX) Gains As Market Dips: What You Should Know

Dropbox (DBX) closed the most recent trading day at $22.44, moving +0.09% from the previous trading session. This move outpaced the S&P 500’s daily loss of 1.08%. At the same time, the Dow lost 1.51%, and the tech-heavy Nasdaq lost 0.86%.

Heading into today, shares of the online file-sharing company had lost 0.53% over the past month, lagging the Computer and Technology sector’s gain of 5.89% and the S&P 500’s loss of 0.3% in that time.

DBX will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.17, up 70% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $464.68 million, up 15.74% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.74 per share and revenue of $1.89 billion, which would represent changes of +48% and

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3 Hot Sector ETFs to Tide Over the Coronavirus Crisis in Q3

The coronavirus crisis continues to be acute in the United States as the death toll has now crossed 130,000. The infectious diseases expert, Dr. Anthony Fauci has said that United States is “knee-deep” in the first wave of the pandemic even as the number of coronavirus cases has doubled within a week and a half, per a CNN report. The rate of coronavirus infection is being observed to rise in around 32 states with only four states (Connecticut, Kentucky, Massachusetts and New Hampshire) seeing subsiding infection rates, according to Johns Hopkins University data. Given the current situation, at least 24 states have paused or rolled back reopening efforts for some time.

Against this backdrop, we highlight three sectors that make great investment choices:

Biotech ETFs

The race to introduce vaccine and treatment for coronavirus is opening up opportunities, making the biotech sector a prospective space for investments. From vaccine-related positive

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International students must leave USA if universities offer only online classes this fall

The Trump administration announced international students will have to leave the USA, or face possible deportation, if the college or university they attend switches to online-only classes in the fall because of the coronavirus pandemic.

Similarly, international students enrolled in colleges or universities offering only online courses this fall will be barred from entering the USA.

In the spring, international students were allowed to attend online-only classes. The reversal could be a major economic blow to colleges and universities, as well as  communities, over the loss of tuition and other revenue from international students who typically pay full price.

Related video: Colleges detail what it could look like when they reopen for fall 2020

Colleges and universities are implementing layoffs, furloughs and other cost-clotting measures to offset a loss in revenue amid the coronavirus pandemic as more people defer college.

US coronavirus map: Tracking the outbreak

The new policy, issued

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Big Tech Stocks Top Trillion-Dollar Each: ETFs to Bet On

In a booming technology sector, four of the five big names — Amazon AMZN, Microsoft MSFT, Apple AAPL and Alphabet GOOGL — surpassed a trillion-dollar market capitalization each for the first time since the COVID-19 pandemic. This is largely thanks to the shift in consumer habits to a purely digital world.

The strong performance indicates strong resilience of the tech sector in one of the worst economic environments that the United States has ever seen. In particular, Amazon has been the star performer with shares rising more than 60% in the year-to-date timeframe on booming demand for e-commerce and cloud computing amid the COVID-19 pandemic. The stock topped $3,000 for the first time ever in the latest trading session (read: Top-Ranked Technology ETFs Soaring to All-Time Highs).

Microsoft shares have jumped more than 33% so far this year on growing demand for its Teams chat and online meeting app, and

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9 San Francisco Fintechs Poised To Shine At The Benzinga Global Fintech Awards

The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10. 

In recognition of those disruptive innovators creating positive and diverse change within the financial services space, Benzinga is highlighting top San Francisco-based fintechs poised to make some noise at this year’s event.

Coinbase is an online platform for digital assets. Users can buy, sell and manage their finances with digital currencies accessible in more than 100 countries. Whether for merchants, consumers or investors, Coinbase is a holistic destination for payment processing, as well as wealth creation and management.

Chime is a pioneer in the banking industry. The challenger helps users stay in control of their financial wellness at a low cost. Core features include early direct deposits with the Chime Spending Account, automated saving with the Chime Savings Account, as well as a unique rewards program that

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5 Stocks in Focus as Digital Payments Become the New Normal

The coronavirus outbreak could be a game-changer for digital financial services. Low-income households and small firms can benefit at large from advances in mobile money, fintech services, and online banking. Inclusion of digital financial services is expected to boost economic growth.

Technology continues to be the single-most important factor revolutionizing the payments industry. Many countries such as Liberia, Ghana, Kenya, Kuwait, Myanmar, Paraguay and Portugal are supporting this shift with measures such as lowering fee and increasing limits on mobile money transactions.

Although data security and privacy concerns and additional charges on making digital payment have limited the demand for digital payment solutions, the pandemic has become a key catalyst.

Moreover, digital financial services are enabling governments to provide quick and secure financial support to remotely located people and businesses as demonstrated in Namibia, Peru, Zambia, and Uganda amid lockdown. This will help mitigate the economic fallout and potentially strengthen

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