In this article .NSEI BTC.CB= MMIT-GB Emerging markets investing guru Mark Mobius said he likes Indian stocks even though Covid-19 cases in the country have surged, as “this is going to pass.” India’s stock benchmark Nifty 50 has risen around 8.1% this year as of Tuesday’s close. The index has climbed despite the country reporting
In this article FIS Getty Images Fidelity investments is expanding its no-fee investing accounts to a new group: teens. With parental permission and guidance, of course. The investing firm Tuesday announced the Fidelity Youth Account, a brokerage account specifically designed to help kids ages 13 to 17 invest, save and spend. The accounts are available
Here’s a guide to avoiding unnecessary taxes on withdrawals made last year. Retirement savers need to pay close attention to their income tax filings this year because of pandemic-related changes to rules for required withdrawals. Even in normal times, the rules for mandatory minimum withdrawals can be confusing, and are even more so this year
Whether it’s a kitchen remodel or dedicated work space, after a year of staying in, most homeowners have at least entertained the idea of a home renovation project. Yet anyone who has tried to tap their house for cash might be in for a surprise. Skyrocketing home prices have resulted in a record amount of
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Inflation is one of the biggest concerns for investors now.
A Boeing logo sits on the fuselage of a Boeing 787-9 Dreamliner aircraft, produced by Boeing Co., as it stands on display prior to the opening of the Farnborough International Airshow in Farnborough, U.K., on Sunday, July 13, 2014. Simon Dawson / Bloomberg Two key House Democrats are seeking records from Boeing and the Federal
In this article HD Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday crushed Wall Street’s earnings estimates as consumers’ splurging on their homes lingers more than a year into
In this article BTC.CB= Dado Ruvic | Reuters Crypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 trillion, putting it on nearly equal footing with
MARK RALSTON | AFP | Getty Images There’s a pretty good chance — okay, an overwhelming chance — that you won’t win the $475 million Mega Millions jackpot. Then again, someone at some point has to win. And, there’s generally no harm in daydreaming. “Buying a Mega Millions ticket gives our players ‘permission to dream’
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America said it is raising the minimum hourly wage it pays employees to $25 by the year 2025. The firm, which made the announcement Tuesday in a release, had just completed a plan last year to get to a $20 minimum wage. The
Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images When my clients ask about dogecoin, many say they are intrigued about the potential investment because of the news and excitement around it. As the conversation gets more serious about investing in cryptocurrency, I ask why
Fertnig | E+ | Getty Images Heidi Hansen was making $72,000 a year as a purchasing and warehouse manager in Emmetsburg, Iowa, until she was laid off last month. Her weekly state unemployment benefit of under $500 in Iowa wouldn’t be enough to cover her monthly bills, including her $830 mortgage, car insurance and utilities.
The Biden administration will not enforce two Trump-era rules involving retirement plans, including one that effectively discouraged administrators for those plans from choosing investments based on environmental, social and governance considerations, the Labor Department said on Wednesday. The second rule required retirement plan administrators — who serve as fiduciaries and must act solely in the
The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season. They include moving the question about virtual currency from the attached Schedule 1 to near the top of the main form, right under the name and address,
Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices and shortages of land and skilled labor. Single-family housing starts dropped more than 13% in April compared with March, the U.S. Census reported Tuesday. That’s the sharpest decrease since last April, when the pandemic shut down the
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A Market Outperformer and a Stock With Positive Estimate Revisions.
A health worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at the Senja-Cashew Community Centre Vaccination Centre in Singapore on March 8, 2021. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore has approved the use of the Pfizer-BioNTech coronavirus vaccine for children aged 12 to 15, authorities announced on Wednesday. Previously,
In this article WMT People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Walmart is set to report its fiscal first-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Earnings per share: $1.21 Revenue: $131.97 billion The discounter’s results will show