Siriluck Srikumbang / EyeEm Perhaps you are approaching retirement and getting a bit nervous from these wild market swings. It has, after all, been an emotional ride lately, and there are no signs of it letting up soon. You may be thinking: Is it time to “de-risk” your portfolio by dumping stocks and seeking the
If the summer of 2020 is memorable to vacationers, it will likely be as the year of not straying too far from home. But that doesn’t mean you need to limit your horizons: The great road trip is enjoying a resurgence. This year, 46 million Americans say they plan to hit the open road in a
CNBC’s Jim Cramer said Wednesday he thinks investors are smart to take some profits following the stock market’s strong rise from its coronavirus lows. The S&P 500 was up more than 40%, as of Tuesday’s close, from its March 23 intraday bottom, a rally that Cramer called one of the “greatest moves of my lifetime.” “I’m not
A woman puts on a protective mask as is instructed by Miami-Dade County Social Distancing Ambassadors as beaches are reopened with restrictions to limit the spread of the coronavirus disease (COVID-19), in Miami Beach, Florida, U.S., June 10, 2020. Marco Bello | Reuters As coronavirus outbreaks surge in several states across the country, public officials
A construction worker walks past new homes under construction by developer KB Home in Valencia, California. Jonathan Alcorn | Bloomberg | Getty Images Check out the companies making headlines after the bell. KB Home — The home construction company’s stock dipped 13% in extended trading after KB Home released its second-quarter earnings. The company reported
By Richard Eisenberg, Next Avenue Editor Marny Xiong, Michael Halkias and Yves-Emmanuel Segui Amee Xiong, Todd Heisler, Segui family/The New York TimesMarny Xiong, Michael Halkias and Yves-Emmanuel Segui You can learn in The New York Times how many humans have died from the coronavirus from its Tracking the Coronavirus graphic (472,125 as of June 23,
Getty Will he or won’t he? That’s the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull extending the tax filing deadline for 2020. As it currently stands, the 2019 tax filing deadline remains July 15, 2020. Last year, the Internal Revenue Service (IRS) received and processed
A thing of the past? Music fans crowding the streets of Nashville will adjust to the new normal. Getty Images As cities around the country negotiate the stages of reopening for business after months of Corona virus-mandated shutdowns, special challenges confront metro areas that attract crowds of tourists. Nashville’s downtown, with its many bars and
Steven Mnuchin, U.S. Treasury secretary, speaks during a Senate Small Business and Entrepreneurship Committee hearing in Washington, D.C., U.S., on Wednesday, June 10, 2020. Al Drago | Bloomberg | Getty Images This tax season may look more like a tax year, as Treasury Secretary Steven Mnuchin weighs delaying the July 15 deadline once again. “As
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost 20.5 million jobs in April. This is the largest decline in jobs since the government began tracking the data in
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland. Denis Balibouse | Reuters Coronavirus outbreaks in the Americas haven’t reached their peak yet as the number of Covid-19 cases globally near 10 million, the World Health Organization warned
Many Wall Street analysts are warning their clients that a Biden presidency will not be good for the stock market. The former Vice President and presumptive Democratic nominee has pledged to roll back President Donald Trump’s signature tax cut legislation, which has boosted corporate profits, and if there is a blue wave in November, Democrats
TOPLINE The stock market plunged on Wednesday as Wall Street grew increasingly concerned about a spike in new coronavirus cases impeding an economic recovery. Several states are seeing record numbers of new coronavirus cases. Tayfun Coskun/Anadolu Agency via Getty Images KEY FACTS The Dow Jones Industrial Average closed down 2.7%, over 700 points, on Wednesday,
Department of Justice sign, Washington DC. Getty On June 19, 2020, the Tax Division of the U.S. Department of Justice filed a Petition To Enforce Summons against the Delaware Department Of Insurance, which seeks testimony and certain documents relating to Artex Risk Solutions, Inc. and Tribeca Strategic Advisors, LLC in connection with its promoter audits
NEW YORK, NY – MAY 28: Ryan Serhant is seen at photoshoot in soho on May 28, 2020 in New York City. … [+] (Photo by Raymond Hall/GC Images) GC Images While Bravo made Ryan Serhant a household name, it’s his innovative, forwarding-thinking approach to selling real estate that’s made him one of the top brokers in
Hundreds of unemployed workers wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II | Getty Images More than 1 million Americans have started dipping into an unemployment fund meant for extended periods of joblessness. Research suggests these individuals
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office. Now, as states start opening back up, it might
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
The 2019 Ford F-150 Limited pickup Mack Hogan | CNBC The importance of a new F-150 pickup to Ford Motor has never been greater. The automaker needs its highly profitable flagship product to drive a global restructuring plan and pay off debt related to the coronavirus pandemic. It also needs to convince Wall Street that
Jovita Carranza, head of the Small Business Administration, listens during a roundtable discussion with governors and small-business owners. Alex Wong/Getty Images Millions of small businesses have gotten federal aid to help weather the recession caused by the coronavirus pandemic. Despite that relief, many don’t expect to survive the crisis. Entrepreneurs who close their doors may