Day: September 28, 2020

Home at last: Formerly homeless vets are moving into Brighton Marine’s new 25-unit building

“This supports the ability to really address all of the issues a person is a facing,” said Bruce Buckley, CEO of Soldier On, which runs similar facilities in Agawam, Chicopee, Northampton, and Pittsfield. “If you address most but not all of them, we’ve found, it doesn’t really provide a working solution.”

The building at Brighton Marine is a former military hospital that since the 1980s has housed an array of health and social service programs for veterans. It has been renovated into furnished apartments — they even come with sheets and towels. The nonprofit financed the renovation itself, said Brighton Marine vice president Marlene Calisi, and will use vouchers awarded to the Boston Housing Authority by the federal government to fund monthly rent and support services.

A sample unit at the Brighton Marine building.
A sample unit at the Brighton Marine building.Jonathan Wiggs/Globe Staff

The first residents moved in last week, with everyone arriving by the end

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EU Plans to Regulate Cryptocurrencies in Digital Finance Push

(Bloomberg) — The European Union is taking a major step to regulate crypto assets in the bloc, seeking to protect its financial markets without depriving citizens and companies of the new technologies.

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Under the initiative unveiled on Thursday the EU’s executive arm seeks to establish clear ground rules for cryptocurrencies, which often aren’t captured by traditional rules and can leave investors without protection.

The proposal, considered one of the most comprehensive anywhere, also seeks to regulate so-called stablecoins such as Facebook Inc.’s Libra, which has been treated as a wake-up call by regulators because it could potentially reach a large number of users and even threaten financial stability.

“We should embrace the digital transformation proactively, while mitigating any potential risks,” said Valdis Dombrovskis, an executive vice president of the European Commission, in a statement. “An innovative digital single market for finance will benefit Europeans and will be key

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What to know about buying life insurance during the Covid-19 pandemic

Life insurance applications have been on the rise during the coronavirus pandemic. During the first half of 2020, application activity for life insurance rose 1.5% from the previous year, according to the MIB Life Index.

Application activity for Americans under 44 rose about 3.4% year-to-date, while activity for ages 45 to 59 was up 0.5%, the industry group reports. 

While protecting yourself and your family from financial fallout is never a bad thing, a fear of contracting Covid-19 should not be the determining factor for buying life insurance, Barbara Ginty, a certified financial planner and host of the “Future Rich” podcast, tells CNBC Make It. “I only would recommend buying life insurance if you have a need for life insurance,” she says.

Generally, the questions to ask yourself before buying life insurance are: Will there be a financial hardship for your loved ones if you pass away? Do you have

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