U.S. stock futures rose slightly in overnight trading on Wednesday as investors digested the likely event of a Democratic held Congress and continued to shrug off riots at the U.S. Capitol. Dow Jones Industrial average futures rose 78 points. S&P 500 futures gained 0.3% and Nasdaq 100 futures added 0.4%. Markets were largely unaffected by
After months of uncertainty, the $900 billion coronavirus relief package will provide a much-needed lifeline for jobless Americans – it includes a $300 boost to weekly unemployment benefits for 11 weeks, and for those with both wage and self-employment income, an additional $100 boost. It also extends unemployment benefits for gig workers through mid-March. Without
Dan Henry, CEO of Green Dot Source: Green Dot Green Dot, a fintech player that’s often overlooked compared to bigger rivals PayPal and Square, has been on a tear lately, with its stock climbing 140% last year. Still, the company’s shares have ample room to run as it launches a digital bank account for low
Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democrats may be poised to control the Senate, which would give President-elect Joe Biden’s tax plan a better chance at passing. Georgia hosted two
For most investors, Target-Date (TDFs) or Lifestyle Funds are a great idea. They reside in your 401(k) as a basket of mutual funds. Professional managers pick them and adjust risk based on your age. The closer you are to retirement — your “target date” — the lower the stock market risk in a TDF portfolio.
MAJADAHONDA, MADRID, SPAIN – MAY 11. A mother in Spain working while taking care of her infant … [+] child. (Photo by Miguel Pereira/Getty Images) Getty Images Even while the nation struggles with vaccinations, we want to know if the Covid-19 pandemic has made permanent changes to the economy, with some observers assuming office work will
One way or another, the modern house of Hadid is coming down. In Bel-Air, the unfinished mega-mansion of luxury real estate developer Mohamed Hadid is hitting the market as a development opportunity for $8.5 million. The structure at 901 Strada Vecchia Road has been a source of contention for several years after it was revealed
A pharmacist dilutes the Pfizer COVID-19 vaccine while preparing it to administer to staff and residents at the Goodwin House Bailey’s Crossroads, a senior living community in Falls Church, Virginia, on December 30, 2020. Brendan Smialowski | AFP | Getty Images The Covid-19 vaccine appears to cause severe allergic reactions at a significantly higher rate
The Federal Reserve’s policymaking group released the minutes Wednesday from its December meeting, which showed broad backing for keeping the central bank’s bond-buying program going until the economy shows firm signs of a durable recovery. Following the two-day session Dec. 15-16, the Federal Open Market Committee voted to keep its benchmark short-term interest rate anchored
. Mike Segar | Reuters There’s now nearly a half-billion dollars nestled in the Mega Millions jackpot. With no ticket matching all six numbers drawn on Tuesday, the game’s top prize has ballooned to $490 million for Friday night’s drawing. Powerball’s jackpot isn’t far behind: $410 million for the Wednesday night drawing. If you’re daydreaming
Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters The New York Stock Exchange will delist three Chinese telecommunication giants after all. The stock exchange will remove U.S.-traded shares
Jon Ossoff and David Perdue, candidates for Senate from Georgia. Reuters; Getty Images If Democrats achieve a majority in the Senate, a number of relief measures targeted at renters struggling amid the pandemic – including a right to counsel for those facing eviction and a larger pot of money for back rent – will have
ELLICOTT, MD – NOVEMBER, 20:Regina Peterson, 83y, and Linda Umstead, are delighted while speaking to … [+] Howard County students that deliver food to her and other disadvantaged senior citizens at the Tiber Hudson Apartment Building, (Photo by Evy Mages/For The Washington Post via Getty Images) The Washington Post via Getty Images Workers’ retirement accounts
Fearless Girl statue by the New York Stock Exchange – what you need to know about new capital gains … [+] taxes for 2021 on your investments gains. Getty Images We have seen the stock market rocket to several new record highs in the past few months. This is on top of the fantastic bull
EL PASO, TEXAS – NOVEMBER 16: A ‘Stay Home’ sign is taped to a driver’s vehicle as she passes … [+] Christmas lights during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Texas surpassed 20,000
Despite its early success with the rollout of the Covid-19 vaccine, Israel is quickly heading for a third national lockdown as the virus spreads. Prime Minister Benjamin Netanyahu and members of his cabinet are blaming it on a faster spreading strain first detected in the United Kingdom last month. Israeli officials confirmed four cases of that
Brothers learning at home Vesnaandjic | E+ | Getty Images LONDON — Online education company Kahoot is “on track” to list on the main Norwegian stock market by the end of March, its CEO told CNBC, after a pandemic-driven boom in digital learning helped the firm post strong growth in 2020. Kahoot, which is based
Discussions around the safety of flying are now dominated by the global pandemic, but the “Top Twenty Safest Airlines 2021” list compiled by airline website AirlineRatings.com doesn’t have anything to do with Covid-19. Released this week, the list analyzes crash records and safety compliance to highlight airlines that it claims are leading air travel safety.
The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants. In a late Monday statement, the NYSE said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control.” Hong Kong-listed shares of China Telecom, China Mobile and China Unicom rallied
U.S. President-elect Joe Biden speaks as he campaigns on behalf of Democratic U.S. Senate candidates from Georgia Jon Ossoff and Raphael Warnock, ahead of their January 5 run-off elections, during a drive-in campaign rally in Atlanta, Georgia, January 4, 2021. Jonathan Ernst | Reuters The outcome of the two contests for U.S. Senate seats in