Money manager Yana Barton expects Big Tech and health care to dominate market gains for the next 12 months and beyond. Despite a recent Wall Street rotation into economically sensitive groups, Barton wants to stick with what’s working. “All the secular tailwinds that were with us in 2020 are only accelerating,” Eaton Vance’s growth equity
Month: January 2021
Traders work on the floor of the New York Stock Exchange. NYSE Despite the chaos at the Capitol, the S&P 500 closed Wednesday at a new high, which baffled some observers. “I think most feel this [the Washington protests] is more of a one-off situation, that this as an isolated event as opposed to some
In the stimulus package signed into law last month, the national ban on evictions was extended through January and a $25 billion pot of money was established for renters struggling amid the health and economic crisis. That money will help to keep many of the 14 million Americans who are behind on their rent in
A baker places long molds of freshly kneaded sourdough dough onto racks for baking inside of Reineckers Bakery in Macedonia, Ohio, Oct. 7, 2020. Ty Wright | Bloomberg | Getty Images Small businesses hit by the pandemic recently got some good news – the $900 billion relief act signed into law by President Donald Trump
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.
WILMINGTON, DELAWARE – JANUARY 06: U.S. President-elect Joe Biden delivers remarks about the … [+] storming of the U.S. Capitol by a pro-Trump mob. (Photo by Chip Somodevilla/Getty Images) Getty Images With improbable Democratic wins in both Georgia Senate runoff elections, President-elect Joe Biden has an opportunity to govern with a congressional majority—though one that
Be DTLA is the first Southern California apartment community to capture IWBI’s WELL Health-Safety … [+] Rating. David Guettler Photography The arrival of the COVID-19 pandemic has elevated health to its rightful place high above wealth on many people’s lists of priorities. Real estate developers have responded to the pandemic by placing greater emphasis on
A flight attendant gathers trash on a flight aboard a Boeing 737 Max from Dallas Fort Worth Airport to Tulsa, Oklahoma, December 2, 2020. Carlo Allegri | Reuters The country’s largest flight attendant unions on Wednesday expressed safety concerns over politically motivated disruptions on flights after a pro-Trump mob stormed the Capitol building, demanding that
U.S. stock futures rose in overnight trading on Wednesday as investors digested the likely event of a Democratic held Congress and continued to look past riots at the U.S. Capitol. Dow Jones Industrial average futures rose 125 points. S&P 500 futures gained 0.6% and Nasdaq 100 futures added 0.9%. During Wednesday’s trading session, markets were
Billionaire investor Carl Icahn warned of the possibility of a significant decline for stocks at some point, telling CNBC’s Scott Wapner that “wild rallies” in the market always meet a dramatic end. Wapner reported Icahn’s warning on “Halftime Report” during a turbulent day for the stock market. “In my day I’ve seen a lot of
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
Seneca the Younger Universal Images Group via Getty Images Running out of money is an anxiety that keeps even well-prepared potential retirees in jobs that they hate and keeps many fresh retirees in a state of perpetual dread. The ‘what-ifs’ and ‘buts’ of living on savings or a fixed income keeps untold thousands from making
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
Keith Hoogland, owner of Family Video, pictured in 2017. Jamie Kripke for Forbes And in the end, there were none. Family Video, a video rental company that outlived Blockbuster by a decade, announced this week that it will close its several hundred locations after 42 years in business. The news marks the end, at long
WASHINGTON D.C., USA – JANUARY 6: Security forces block the entrance after the US President Donald Trumps supporters breached the US Capitol security in Washington D.C., United States on January 06, 2021. Pro-Trump rioters stormed the US Capitol as lawmakers were set to sign off Wednesday on President-elect Joe Biden’s electoral victory in what was
Pro-Trump supporters storm the U.S. Capitol following a rally with President Donald Trump on January 6, 2021 in Washington, DC. Samuel Corum | Getty Images J.P. Morgan Chase CEO Jamie Dimon and other American business leaders called for an end to the violence at the Capitol and asked President Donald Trump and others to step
. 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, saying its second reversal in two days
President-elect Joe Biden (C) along with Democratic candidates for the U.S. Senate Jon Ossoff (L) and Rev. Raphael Warnock (R) greet supporters during a campaign rally the day before their runoff election in the parking lot of Centerparc Stadium in Atlanta. Chip Somodevilla | Getty Images A $15 federal minimum wage edged closer after Tuesday’s
Many Households Borrow From Friends and Family In the Current Recession getty Misery loves company or so the saying goes. In the current recession, it is more accurate to say that misery creates company. Millions of households struggle amid the onslaught of rising health care risks, growing childcare costs, and a deep recession with massive
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