Month: January 2022

Mihtiander | Getty Images The stock market’s wild ride this week may have you questioning your retirement investing strategy. On Monday, the Dow Jones Industrial Average shed more than1,100 points before rebounding to close slightly higher. However, Tuesday’s early market activity ushered in a new triple-digit drop before the index began to bounce back midday.
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Two weeks ago the Treasury Department warned American taxpayers that the 2022 filing season would probably be messy and that many taxpayers could once again experience delayed tax refunds. As daunting as the warning is for regular do-it-yourself filers and tax professionals, it may have first-time filers paralyzed with fear. Bill Smith, National Director for
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One of the most pressing real estate (and social) issues today is the shortage of affordable housing. “Due to housing production lagging demand over many years, housing affordability is a growing challenge for moderate and lower income households throughout the U.S.,” observes Christopher Ptomey, Executive Director of the Urban Land Institute’s Terwilliger Center for Housing. Fortunately, one
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In this article MSFT Microsoft reported better-than-expected earnings and revenue for the fiscal second quarter. The stock dropped in extended trading but went positive after the company issued better-than-expected quarterly revenue guidance. Here’s how the company did: Earnings: $2.48 per share, adjusted, vs. $2.31 per share as expected by analysts, according to Refinitiv. Revenue: $51.73
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Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dropped 70 points, or 0.2%. S&P 500 futures dipped 0.2%, and Nasdaq 100 futures were off by less than 1%. Microsoft shares rose 1% in after-hours trading, after the company issued better-than-expected quarterly revenue guidance. Earlier,
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Justice Ruth Ginsburg Joanne Rathe | The Boston Globe | Getty Images More than 1,000 books from late Supreme Court Justice Ruth Bader Ginsburg’s personal library are up for auction — and things are getting expensive. Bidders are spending thousands of dollars on individual items, including dense law-school textbooks marked up with Ginsburg’s own annotations,
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Buyers should cool off on cryptocurrency concerns and make some long-term investments instead, SkyBridge Capital’s Anthony Scaramucci told CNBC on Tuesday. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; others think it’s the worst thing to ever happen to civilization, Scaramucci said in a “Squawk Box” interview. “Everyone
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In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said Tuesday its annual shareholder meeting will be held in person on April 30 after two years of virtual gathering due to Covid-19 restrictions. The so-called “Woodstock for Capitalists,” has drawn
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Thinking of borrowing for college? Don’t do it: It’s far too risky, far too expensive and, in many cases, a waste of money. These are strong, unexpected words coming from a college professor and economist. To be clear, I’m not saying anyone should give up on getting a college degree. But there is a much
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Investors looking to buy in the current stormy stock market should consider prominent U.S. firms that make money, CNBC’s Jim Cramer said Tuesday. “There’s a lot of stocks that I like. I like the classic, great American companies. I think that they’re terrific,” Cramer said, citing names including Raytheon and Johnson & Johnson, whose stock
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Quite a few retirees may be shocked when they check their Social Security payments this month. If you heard about the largest Social Security cost-of-living adjustment (COLA) in decades, you would expect that your Social Security check would be increasing in 2022. That may not be the case for all retirees. If you are fortunate
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