An investor watches the electronic board at a stock exchange hall on November 26, 2018 in Nanjing, Jiangsu Province of China. VCG via Getty Images BEIJING — In a sign of how murky the Chinese stock markets can still be, some publicly listed companies have disclosed odd instances of “accidental” stock sales in the last
Month: September 2020
Tetra Images – Daniel Grill | Brand X Pictures | Getty Images Millions of Americans who were shut out of $1,200 coronavirus stimulus payments this year are about to get one more chance at a check. Later this month, the IRS will begin mailing letters to about 9 million people who normally don’t file a
Economic Security Planning, Inc. Today’s column addresses questions about restricted applications, 401(k)s and the Windfall Elimination Provision (WEP) and what methods are available to increase benefits after filing. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and
TOPLINE The Federal Trade Commission is investigating Intuit over allegations it deliberately diverted eligible TurboTax users away from free filing options through deceptive marketing. ASSOCIATED PRESS KEY FACTS The FTC has been investigating Intuit for more than a year, according to a court filing first reported by ProPublica on Tuesday. The agency is probing whether
Eric is real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty The Covid-19 pandemic has left millions of people stressed over their finances. The unemployment claims have passed 40 million as more people find themselves in need of assistance. The challenges brought about by the pandemic are
People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images The official unemployment rate fell to 8.4% in August as businesses continued emerging from broad shutdowns imposed early in the coronavirus pandemic, the Bureau of Labor Statistics reported Friday. That’s the lowest rate since
Macallan 18 Mark Littler LTD A 28-year-old has sold a collection of whisky given to him each year by his father as a birthday present, for £44,000 ($57,363), in order to buy his first home. Matthew Robson, who lives in Somerset in the south of England, was given a bottle of 18-year-old Macallan single malt
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Most investors can relate to the dilemma faced by the S&P Dow Jones Indices committee as it bypassed Tesla for inclusion in the S&P 500 last week. Tesla had more than
As the pandemic rages on, many people have one less thing to worry about: Getting evicted. No-Mad | iStock | Getty Images What does the ban do? It bans evictions due to non-payment of rent in most residential properties between Sept. 4 and Dec. 31. Who’s eligible? You’ll need to attest on a declaration form that
Starbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020. Rich Pedroncelli | AP The coronavirus pandemic is spurring on a growing number of restaurant chains to build restaurants
By Richard Eisenberg, Next Avenue Managing Editor getty Usually, when my “Friends Talk Money” podcast hosts and I record an episode, we’re sharing advice about how to earn more money and manage what you’ve got. But our newest episode is full of warnings on how to not lose money — specifically, to Covid-19 identity theft
getty Didn’t get a stimulus check this year? The Internal Revenue Service (IRS) is beginning an outreach program to Americans who typically don’t file federal income tax returns and may be eligible for an Economic Impact Payment (EIP, more commonly known as a stimulus check) but have not yet registered to receive one. As part
Mortgage delinquencies are expected to continue to rise this year. getty The nation’s serious delinquency rate for mortgage loans more than doubled from May to June, reaching its highest level since February 2015, according to a new loan performance insights report by property data analytics provider CoreLogic. Barring further government support, CoreLogic predicts serious delinquencies
Getty Images Grocery chain Giant Eagle turned one of its stores into a checkout-less shopping experience. A handful of Price Chopper stores in Missouri are offering shoppers access to an app that can scan items and tally up their order, allowing them to skip the checkout line. Wegmans piloted a self-checkout app at three stores prior
A Temasek Holdings signage at their office in Singapore. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Singapore’s state investment company Temasek said Tuesday the net value of its portfolio fell for the first time since 2016 as the coronavirus pandemic hit global markets. The size of Temasek’s portfolio fell to 306 billion Singapore dollars
Don’t be too worried about the impact of the election on your retirement savings. getty It’s understandable if pre-retirees and retirees are nervous about the impact of the upcoming presidential election on their retirement savings, especially if they’re keeping up with the news these days. If they are, they might feel as if they’re being
A group of drugmakers competing to bring a coronavirus vaccine to market plan to issue a public statement as soon as next week that says they will not seek government approval until enough data has been collected to ensure the drugs are safe and effective, CNBC confirmed Saturday. An early draft of the joint statement
The “Fearless Girl” statue stands in front of the New York Stock Exchange (NYSE) at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Stocks futures climbed in overnight trading on Monday after technology shares suffered their worst sell-off in more than five months. Futures on the
What’s going to happen to the economy in 2021? Now that we’re approaching the end of the third quarter of 2020, there are three scenarios for the coming year that savers, investors and people planning for retirement should keep in mind. Yellow means proceed with caution Steve Chen The Good Case for 2021 Though some
Attendees wait for Robert Kyncl, vice president of global content partnerships with YouTube, to give … [+] a keynote presentation at the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012. The 2012 CES trade show features 2,700 global technology companies presenting consumer tech products and is expected
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