In this article GME A mall visitor walks be a GameStop store on December 08, 2021 in San Rafael, California. Justin Sullivan | Getty Images GameStop shares fell roughly 8% in extended trading Thursday after the video game retailer reported an unexpected loss during the holiday quarter and declined to provide a financial outlook. Yet
Month: March 2022
Stock futures dipped in overnight trading Thursday after a three-day rally for the S&P 500 as the equity benchmark is poised to post its biggest weekly gain in more than a year. Futures on the Dow Jones Industrial Average fell 120 points. S&P 500 futures were down 0.4% and Nasdaq 100 futures traded 0.3% lower.
A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City. Spencer Platt | Getty Images The roaring stock market and crypto gains created more than a million new millionaires in the U.S. last year, according to a new report. The number of
Some pumpjacks operate while others stand idle in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Hedge funds have ramped up their commodity bets as prices surged during geopolitical turmoil, and managers with big exposure are reaping sizable profits. The
andresr | E+ | Getty Images It’s not uncommon to discover that retirement isn’t the ideal existence you thought it would be. If you are a retiree on Medicare who’s rejoining the workforce, be aware that you might have choices when it comes to your health-care coverage. Depending on where you work, you may be
Westend61 | Getty Images The ongoing Russia-Ukraine war is degrading Americans’ financial outlook, sparking the desire to save more and postpone investing, according to a survey from MassMutual. But steering clear of stock market volatility may be a mistake, financial experts say. Two-thirds of Americans worry the conflict will hurt their wallets, with nearly half
It seems that we hear of yet another family facing dementia just about every day at AgingParents.com. They want to understand options about how to pay for care, what to do with sibling fights about the elders, and they seek answers many related legal questions. In the midst of this, they are trying to cope
Internal Revenue Service Commissioner Charles Rettig told Congress today the backlog of tens of millions of tax returns from last year will be processed by December. Speaking to the House Ways and Means Committee Oversight Subcommittee, Rettig said this year’s filing season which began January 24 has gotten off to a strong start with returns
With summer on the way, people from all over will soon return to the United State’s vast wealth of lakes, rivers and mountains to partake in the adventure and thrill of outdoor recreation. As buyers continue to show an interest in real estate that promotes an outdoor lifestyle and natural serenity, smaller towns and cities
Dr. Ashish Jha is pictured in Providence, RI on Dec. 3, 2020. Jonathan Wiggs | Boston Globe | Getty Images President Joe Biden on Thursday named Dr. Ashish Jha as his new Covid-19 response coordinator to succeed Jeff Zients, who served in the role through the delta and omicron surges. Jha leads Brown University’s School
In this article WRBY A customer tries on glasses at a Warby Parker store in Los Angeles. Michael Buckner | Getty Images Warby Parker on Thursday reported continued losses and said its sales were hurt during the holiday quarter due to the omicron variant of Covid-19, which kept people out of the eyewear retailer’s stores.
In this article WSM LEN WRBY SIG ACN DG Check out the companies making headlines before the bell: Dollar General (DG) – Dollar General rallied 5% in the premarket after the discount retailer forecast better-than-expected full-year sales. Dollar General’s quarterly earnings of $2.57 per share matched forecasts, although revenue was slightly below estimates and same-store
Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesday’s
Making more money is great, but it doesn’t mean as much if you are having a harder time making ends meet. Although wages are rising, the prices consumers must pay for goods and services are rising faster — notching a new 40-year high in February. As a result, real inflation-adjusted average hourly earnings for the
Pekic | E+ | Getty Images Some of your debt is about to get more expensive On Wednesday, the Federal Reserve raised its benchmark interest rate by a quarter percentage point. That, in turn, likely will impact the rates charged on your credit cards. The average rate is just over 16% right now, according to
Many LGBT retirees don’t want to live the stereotypical retirement of golfing and spending time with their grandchildren. Beyond the fact that we may not be fully welcomed in the country club-style retirement communities. The needs of LGBT retirees when it comes to where we want to live and how we will get the most
Tax returns are notoriously tricky when they involve income from equity compensation: stock options, restricted stock or restricted stock units (RSUs), employee stock purchase plans (ESPPs), and sales of company stock. Mistakes can lead to overpaid tax, overreported income, IRS penalties, or even an IRS audit. The myStockOptions webinar Preventing Tax-Return Errors With Stock Comp
Social media, television and especially YouTube can make DIY projects look incredibly easy, especially when it comes to bathroom renovations. Just demo, sand, prime and paint those old cabinets, change out the vanity, and re-tile. All you need is a weekend and an enthusiasm for sweat equity. But in reality, saving cash on a DIY
In this article BMW3-FF A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters DETROIT – The war in Ukraine is expected to lower global light-duty vehicle production through next year by millions of units,
The interior of Lloyd’s of London, the centuries-old insurance market, is pictured in central London on April 27, 2016. Leon Neal | AFP | Getty Images LONDON — Lloyd’s of London, the U.K. insurance giant, has hit one of its member firms with a record £1.05 million ($1.38 million) fine for misconduct, which included allowing
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