Klaus Vedfelt | Getty Images The Social Security cost-of-living adjustment for 2022 potentially will be the biggest in 40 years. Estimates indicate the annual boost could be 6.2%, prompted by rising inflation. But rising prices on grocery store shelves and at gasoline pumps aren’t the only reasons why those bigger monthly benefit checks will likely
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Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
Investors are pouring money into beaten down China ETFs despite high regulatory risk.
The retailers have been big winners on the reopen but can they keep the momentum?
In this article WMT GoLocal homepage Walmart Walmart on Tuesday announced the launch of a delivery service called GoLocal, which will carry goods from other local retailers to consumers. The company said it expects to begin shipping by the end of 2021 and that the delivery fleet would include newer technologies, such as self-driving vehicles
Brocreative | Getty Images Since July, millions of American families with children have received monthly checks through the new enhanced child tax credit. Even more will see a larger than usual credit — and potential refund, depending on other aspects of their situation — come tax time next year. So far, the credit has slashed
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 11, 2021. Andrew Kelly | Reuters Stock futures edged higher in overnight trading on Monday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. Futures on the
Ben Rains quickly looks at the broader earnings picture as we near the end of the second quarter earnings season. The episode then dives into two stocks, Dollar General (DG) and Peloton (PTON), ahead of their upcoming financial releases to see if either stock might be worth buying as a longer-term play. (0:30) – Stock
In this article 22UA-DE PFE U.S. President Joe Biden speaks in the East Room of the White House in Washington, D.C., on Wednesday, Aug. 18, 2021. Pete Marovich | Bloomberg | Getty Images President Joe Biden on Monday once again urged more Americans to get vaccinated against Covid-19, saying the majority of deaths and hospitalizations
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Hero Images | Getty Images At some point, individuals who are charitably inclined might determine that writing checks here and there to various nonprofits is no longer cutting it. For those who want a more permanent way to help the greater good during their lifetime, and perhaps beyond, options include either a private foundation or
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of existing homes in July rose 2% from June to a seasonally adjusted, annualized rate of 5.99 million units, according to the National Association of Realtors. These sales figures are based on closings, so it
Los Angeles County Regional Food Bank workers help with food distribution in Willowbrook, California on April 29, 2021. Frederic J. Brown | AFP | Getty Images States that withdrew early from federal unemployment programs pushed few people back to work and fueled a nearly $2 billion cut in household spending, potentially hurting their local economies,
An Entertainment Company with “A” rated Momentum and a Design Company Well Positioned for Outperformance.
Tourists in gondolas in Venice, Italy, one of Italy’s most famous places for tourists. Ngoc To Vy Nguyen | EyeEm | Getty Images Venice is set to impose an entry fee for visitors in a bid to prevent huge swathes of tourists descending on the city. Italian newspaper La Stampa reported over the weekend that
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC
In this article MNTV svetikd | E+ | Getty Images People of color are still lagging behind when it comes to investing, a new CNBC/Momentive Invest in You survey found. Half of Black U.S. adults and 49% of Hispanics don’t currently own individual stocks, mutual funds, bonds, exchange-traded funds, cryptocurrency or real estate. Meanwhile, 32%
Key Findings Taxpayers reported nearly $11.8 trillion of total income on their 2018 tax returns. About 67 percent ($7.9 trillion) of the total income reported on Form 1040 consisted of wages and salaries, and 82 percent of all tax filers reported earning wage income. Retirement accounts such as 401(k)s and pensions are important sources of
In this article TRIL-CA MRNA PFE 22UA-DE COIN BA Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge