AleksandarNakic | E+ | Getty Images The year is almost over. Yet you still have time to make some financial moves and set the stage for a fresh start in 2021. While there are timely tax savings to consider, it’s also a good time to assess your budget and other money matters. “We, as human
Month: December 2020
Vladimir Vladimirov | E+ | Getty Images Giving to charity is about to pay off a little more — that is, if the latest Covid relief bill becomes law. The $908 billion pandemic relief bill features $600 stimulus checks, $300 unemployment supplement payments and a second round of forgivable loans for small businesses. It also
European stocks are set to open higher in a light trading session as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 is seen climbing 38 points to 6,530 and France’s CAC up 15 points at 5,552, according to index data from IG. The German and Italian markets are closed for
Frederic J. Brown | AFP | Getty Images Mega Millions players can let the daydreaming continue. With no one hitting all six numbers drawn Friday, the jackpot has jumped to an estimated $376 million. And Powerball, with the next drawing set for Saturday night, is at $341 million. Of course, due to taxes, those advertised
There won’t be $2,000 stimulus checks coming for the holidays. House Republicans blocked an attempt by Democrats on Thursday to pass a standalone bill to raise direct payments to Americans to $2,000 from $600. The push to amend the $900 billion Covid relief bill came after President Trump demanded lawmakers increase the second round of
America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to the survey of households with investible assets of at least $1 million. Nearly a third
Treasury yields fell on Thursday after the U.K. and the European Union agreed on new Brexit trading arrangements. The yield on the benchmark 10-year Treasury note fell to 0.948%, while the yield on the 30-year Treasury bond traded lower at 1.689%. Bond yields move inversely to prices. Negotiators from Britain and the European Union reached a free trade agreement
An Air Canada Boeing 737 MAX 8 aircraft is being towed in as another Air Canada Boeing 737 MAX 8 aircraft is seen on the ground at Toronto Pearson International Airport in Toronto, Ontario, Canada, March 13, 2019. Chris Helgren | Reuters A Montreal-bound Air Canada Boeing 737 Max ferry flight diverted in Arizona earlier
FatCamera | E+ | Getty Images People using flexible spending accounts to put away money for dependent care could get a big break from the latest Covid relief bill: They will likely be able to use money left in those accounts over the next two years. The bill, which Congress passed on Monday, removes the
jayk7 | Moment | Getty Images This has been the year of unpredictability. The pandemic, including self-quarantining for months, is top of mind for people around the globe. The many other surprises this year include the fastest bear market in history, civil unrest, quite a unique U.S. presidential election, the speedy creation of a coronavirus
Angela Weiss | AFP | Getty Images At some point — whether this week or in coming weeks — at least a couple of people are going to suddenly find themselves a whole lot richer. The Mega Millions jackpot has reached an estimated $330 million for Tuesday night’s drawing. Powerball’s top prize isn’t far behind
LONDON — The British pound traded near 2-½ year highs on Thursday as investors reacted to the U.K. and the European Union striking a long-awaited Brexit trade deal. Sterling trimmed some gains after the news was announced, but was still up 0.5% for the session at around $1.3557. Earlier this month, the currency breached a
A view of signage leading to one of the testing centers at Heathrow Airport on December 22, 2020 in London, England. Joseph Okpako | Getty Images News | Getty Images The United States will begin requiring people flying in from the U.K. to test negative for Covid-19 no more than 72 hours before departure, the
Federal stimulus checks are prepared for printing at the Philadelphia Financial Center May 8. Jeff Fusco | Getty Images News | Getty Images Americans likely won’t see $2,000 stimulus checks, and those $600 direct payments may be further delayed. House Republicans on Thursday blocked an attempt by Democrats to pass $2,000 checks, an amount President
House Speaker Nancy Pelosi, D-Calif., leaves a meeting on Capitol Hill on Dec. 18, 2020. Saul Loeb | AFP | Getty Images Lawmakers extended an additional lifeline to small businesses in the next round of Covid stimulus: more forgivable loans and the ability to take a tax write-off for covered expenses. Members of Congress reached
Traders work on the floor of the New York Stock Exchange. NYSE At the close of trading next Thursday, the bull market will be ready to run into 2021 but probably at a slower pace. January is the month that Wall Street tradition says sets the tone for the year — “so goes January, so
Nipitphon Na Chiangmai / EyeEm | EyeEm | Getty Images As we near the end of 2020, it’s time to review and evaluate your overall financial outlook for the coming year, including any charitable, estate or general tax planning for 2021 and beyond. While direct giving has an immediate impact, some individuals may be considering
Check out the companies making headlines in midday trading. Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough
A visitor tries a plant-based meat substitute product at the Restaurant & Bar and Gourmet Asia expo at the Hong Kong Convention and Exhibition centre in Hong Kong on November 11, 2020. Peter Parks | AFP | Getty Images SINGAPORE — Demand for meat alternatives has grown and will continue to rise, but the industry
John Moore | Getty Images News | Getty Images More than 20 million Americans are eagerly anticipating a $300 boost to their weekly unemployment benefits. The sum would nearly double weekly aid for the average worker and help lift millions out of poverty. But it’s unclear when exactly that cash will hit workers’ bank
Karol Serewis/SOPA Images/LightRocket via Getty Images Financial advisors recommend various uses for this extra cash, depending on individual and family circumstances. Unemployed workers may need the money for basic living expenses. Some who have fallen behind on bills such as rent, utilities or mortgage payments should consider paying down some or all those arrears, advisors
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla‘s S&P 500 inclusion will be officially completed at the open of trading Monday. The electric car maker will have a
For people staying safely at home this holiday season, new virtual tours let anyone with an internet connection tour famous Christmas destinations around the world. Homebound travelers can book live interactive tours with local guides to learn about everything from the religious sites of Jerusalem to the department store displays of New York City.
U.S. stock index futures were slightly higher in overnight trading on Wednesday, ahead of the final trading day of the holiday-shortened week. Futures on the Dow Jones Industrial Average advanced 48 points. S&P 500 futures rose 0.12%, while Nasdaq 100 futures advanced 0.08%. The S&P 500 finished Wednesday’s session little changed — rising less than
Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Nikola and Republic Services have terminated a partnership to jointly develop electric refuge trucks, sending shares of the embattled start-up down about 5% during pre-market trading Wednesday. Nikola said the decision was made after both companies “determined that the combination
For many Americans, the classic carol “I’ll be Home for Christmas” will literally describe their plans this holiday weekend, as most opt to celebrate in place amid the ongoing pandemic. Only about a quarter of people nationwide will travel for Christmas and New Year’s, down from about one-third or so last year, and most of
nd3000 | iStock | Getty Images Start young. Look away from your 401(k) when the market freaks out. Don’t sell. A lot of the investment advice you hear probably has to do with saving for retirement. Yet many people need to use the market’s returns to achieve other goals, too. Often it also makes sense
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images As the year comes to a close, Wall Street is watching for a possible Santa Claus Rally. Historically, stocks tend to rise during
‘It feels like we’re back to March’ For the most recent PPP loans, businesses must have fewer than 300 employees and prove a revenue reduction of 25%, among other things, to qualify. Most borrowers can receive up to 2.5 times their average monthly payroll cost one year prior to the loan. But those in the
U.S. stock futures were flat in overnight trading on Tuesday after the S&P 500 suffered a three-day losing streak. Dow futures rose 6 points. S&P 500 futures and Nasdaq 100 futures gained 0.07% and 0.05%, respectively. On Tuesday, the Dow Jones Industrial Average shed 200 points, despite a 2.9% jump in Apple’s stock. The S&P
- 1
- 2
- 3
- …
- 9
- Next Page »