Cocoa the dog with Sarah O’Brien the personal finance reporter Cameron O’Brien You might think that a person who covers personal finance would be naturally smart about money in her personal life. Er, no. Not at all. Grownup financial stuff? My mistakes have been plentiful. How long has this been going on? I’m closer to
Month: October 2020
getty Do you need 500 stocks when only 30 will do? I have written extensively on the S&P 500 and Dow Jones Industrial Average. They are perhaps the 2 most common answers to the question “what do you consider to be the stock market?” They help put a framework around investing in U.S. stocks. They
BRAZIL – 2020/10/09: In this photo illustration the Internal Revenue Service (IRS) logo seen … [+] displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images On Oct 23, 2020, the IRS released instructions to the draft 2020 Form 1040 which contains the infamous virtual currency question
A pair of lawsuits aim to stop a HUD rule that would weaken a key fair housing tool. getty A coalition of fair housing advocates has filed a federal lawsuit against the U.S. Department of Housing and Urban Development over the recent reversal of long-standing fair housing protections. The suit challenges HUD’s new disparate impact
A patient recovering from COVID-19 at Marianjoy Rehabilitation Hospital in Wheaton, Illinois, on September 30, 2020. Terrence Antonio James | Tribune News Service | Getty Images The United States reported more than 71,600 new coronavirus cases on Thursday, approaching a record number of daily infections set in late July as the outbreak takes root across
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs agreed to pay more than $2.9 billion to regulators to resolve probes into its central role in an international
Amid coronavirus and an economic crisis, saving for college may no longer be a priority — or even a necessity. With many families struggling to stay afloat, regular contributions to a 529 college savings plan could take a back seat to paying more pressing bills or daily expenses. At the same time, market volatility as
Most employees buy more health insurance than they need and save less for retirement than they should, according to a recent study from the TIAA Institute. This study provides a cautionary tale for millions of employees making benefits decisions during open enrollment. Researchers studied four years of data from a large university to identify mistakes employees made
Billionaire Jim Ratcliffe, chairman and founder of Ineos Group Holdings Plc, pauses during a news … [+] conference during the official launch event of the Team Ineos cycling group in Ilkley, U.K., on Wednesday, May 1, 2019. Following its recent purchase of Team Sky, Ineos has said it’s in talks to invest in OGC Nice,
Founder of Keepmore.com and author of “Hidden Investing: What the Wealthiest 1% Know That We Don’t.” Getty I’ve dedicated the last few years of my life to doing everything I can to raise the level of financial literacy among the people I know and love. I even recently published a book with the mission of
Boston Beer shares soared over 18% to a new all-time high Friday, one day after the maker of Samuel Adams and Truly hard seltzer reported third-quarter earnings and raised guidance. The stock closed Friday’s session at $1,091 apiece, adding to its major run so far in 2020. Shares of Boston Beer are up almost 190%
A visitor at Intel’s Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours Thursday: Intel — Intel shares dropped 10% after the bell on the back of mixed results for the company’s fiscal third quarter. The chip maker
Aston Martin has come a long way since it was featured as James Bond’s weapon-laden sports car in the movie “Goldfinger.” It makes some of the world’s most envied and admired vehicles, but that isn’t helping it financially. Mounting losses, falling sales and the devastating impacts of the coronavirus, which has rocked the global economy
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors,
Carson Noel, right, has been unemployed since March due to the coronavirus pandemic. Carson Noel Carson Noel is running out of options. When the coronavirus pandemic hit in early March, two full months of work he’d lined up as a freelance journeyman in live events disappeared. “For the past seven months, I’ve been living off
getty We received the first official estimate of how badly the Covid-19 recession will hurt the Social Security trust funds, and the first government estimate is worse than some of the initial private estimates. The latest annual report from the trustees of Social Security, issued last April, estimated that the trust fund for retirement benefits
WILKES-BARRE, PENNSYLVANIA, UNITED STATES – 2020/10/22: A view of an official Mail-in ballot for the … [+] 2020 general election. Mail-in Ballots have gone out and they are being returned. (Photo by Aimee Dilger/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Election 2020 is less than two weeks away and between expanded mail-in
NEW YORK, NEW YORK – JANUARY 23: Claire Mazur and Erica Cerulo attend the goop lab Special Screening … [+] at Metrograph on January 23, 2020 in New York City. (Photo by JP Yim/Getty Images) Getty Images A decade ago, before the prominence of Instagram and Pinterest, finding unique fashion and decor created by independent
A customer pulls into a McDonald’s restaurant. Luke Sharrett | Bloomberg | Getty Images McDonald’s on Friday asked a judge to dismiss the racial discrimination lawsuit filed by former franchisees, arguing that it wants every operator in its system to thrive. The company also said that the complaint from 52 Black plaintiffs relies on “vague
A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Chinese lending and wealth management firm Lufax is seeking up to $2.36 billion from a U.S. initial public offering (IPO). Earlier this month,
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