Jose Luis Pelaez Inc | DigitalVision | Getty Images There is nothing like a precipitous decline of nearly 35%, followed by a swift rise of about 50% in the S&P 500 index — all within the span of five months — to motivate people to bust out the old cliché “buy low, sell high.” Ah, yes,
Month: September 2020
Jose Luis Pelaez Inc Millions of Americans who are eagerly waiting for a second round of $1,200 stimulus checks may be relieved to know those payments are still a priority for Washington lawmakers. But Republicans and Democrats in Congress must first end their stalemate and approve the next coronavirus relief bill before Americans can get
Looking for love over 50? You are not alone. Online dating sites such as SilverSingles.com are seeing increases in users and activity. But beware: Your “perfect match” may just be a fraudster who would love to target you with a romance scam. According to the Federal Trade Commission (FTC), “reports of romance scams are growing,
President Trump’s payroll tax holiday went into effect this month. Several prominent media outlets covered the news, describing it as a “payroll tax cut.” It’s not a tax cut, and the distinction could result in a very expensive surprise for many in just a few months. Here’s what you need to know. AFP via Getty
David is CEO of Move, Inc./realtor.com. Realtor.com makes buying, selling, and living in homes easier and more rewarding for everyone. getty Before I joined realtor.com, I thought of online home search the way most people probably do — a way to look at pretty pictures of homes, dream about where my family and I might live, and
Most Americans likely won’t get immunized with a coronavirus vaccine until the middle of next year, U.S. officials and public health experts say, even as the federal government asks states to prepare to distribute a vaccine as soon as November. U.S. health officials expect to know whether at least one of the three potential vaccines
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Tesla — Tesla shares whipsawed in midday trading, trading higher by 0.5% after falling as much as 8.5% and into bear-market territory earlier in the session. The stock of the electric car maker has come under marked pressure
The United States’ richest Big Tech executives lost a collective $25 billion to their net worth after Thursday’s market sell-off, according to data compiled by CNBC’s Robert Frank. The S&P 500 tech sector closed down 5.8% Thursday, dragging markets in the red. The dramatic drops shaved several billions off the net worth of some of
You knew this was coming. The market internals had been flashing warning signs for a couple weeks: very few new highs, very sloppy advance/decline line, low short interest, and a lot of talk about FOMO (Fear of Missing Out) and TINA (There Is No Alternative). All signs of frothiness. So what is this? Is this
Angus Mordant | Bloomberg | Getty Images If you’re hoping to take advantage of special Labor Day car sales, a trade-in could make the purchase a bit less costly than usual. With inventory at dealerships still tight, used cars are fetching a premium. For instance, the average list price for a 2017 model climbed to
By Kerry Hannon, Next Avenue Contributor getty The great national Covid-19 remote working experiment the past six months has opened the lid on the benefits and the challenges of working from home for millions of workers. For Sandra Molleck, who works as a commercial lines account manager for a large California based insurer through WAHVE
U.S. President Donald Trump has faced pressure for years to release his tax returns. In Norway, he … [+] wouldn’t have a choice. Getty Images With November’s presidential election fast approaching, calls for President Trump to open up his tax returns are growing ever louder. In the latest twist, the president won another delay that’s
Corporate offices have become far more fluid in recent years, and that flexibility will be a key … [+] component of the next generation of WFH furniture. Teknion Is it befuddlement you seek? You’ll be well on your way to reaching that state if you try to gain clarity by poring over countless surveys, studies
Robert Pattinson dons the cowl in Matt Reeves’ “The Batman.” Warner Bros. Robert Pattinson, the latest actor to don the Batman cowl, has tested positive for Covid-19, according to multiple media reports. Warner Bros. confirmed earlier Thursday that production on Matt Reeves’ “The Batman” had been halted in the U.K. after a crew member tested
A pedestrian passes in front of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images U.S. stock futures fell on Thursday night following a massive decline sparked by tech shares during regular trading. Dow Jones Industrial Average futures dipped 101 points, or 0.4%. S&P 500 futures were down by 0.4% and Nasdaq
Ever thought about going to Antarctica for the day? It’s possible through sightseeing tours by Antarctica Flights. The company operates flights that depart from Australia and fly one of 19 routes over the ice-covered continent. Flights depart and land at the same airport, making this one trip that actually is more about the journey than
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts
Carlos Ponce joins other demonstrators participating in a protest asking Senators to support the continuation of unemployment benefits on July 16, 2020 in Miami Springs, Florida. Joe Raedle | Getty Images Many states pay unemployment benefits to workers at a level below the federal minimum wage. That may leave families with little income to pay
Fixed Index Annuities Caveat In this discussion of fixed index annuities, which use to be called equity indexed annuities, I am mostly making an implicit assumption that the annuity is competitively priced. Internal costs reflect was is needed to support the guarantees provided by the insurance company and to keep the company reasonably profitable. But
getty The feds have made another arrest tied to Paycheck Protection Program (PPP) loan fraud. This time, it’s an attorney facing charges. Jae H. Choi, who has an office in Fort Lee, New Jersey, has been accused of fraudulently obtaining nearly $9 million in PPP loans. Choi has been charged with three counts of bank
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