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Treasury yields fell on Thursday after the U.K. and the European Union agreed on new Brexit trading arrangements. The yield on the benchmark 10-year Treasury note fell to 0.948%, while the yield on the 30-year Treasury bond traded lower at 1.689%. Bond yields move inversely to prices. Negotiators from Britain and the European Union reached a free trade agreement
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Federal stimulus checks are prepared for printing at the Philadelphia Financial Center May 8. Jeff Fusco | Getty Images News | Getty Images Americans likely won’t see $2,000 stimulus checks, and those $600 direct payments may be further delayed. House Republicans on Thursday blocked an attempt by Democrats to pass $2,000 checks, an amount President
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By Richard Eisenberg, Next Avenue getty All things considered, 2020 turned out to be a pretty good year for small investors in many mutual funds, exchange-traded funds (ETFs) and 401(k) plans. The Standard & Poor’s 500 index of stocks is up about 15% through mid-December; the Dow Jones average rose has risen by nearly 6%
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Sound wisdom to help retirees live a healthy, financially secure, and fulfilling long life. getty Pre-retirees and retirees have always faced several serious retirement planning challenges. On the one hand, it’s great that many people are living much longer lives than their ancestors. On the other hand, it’s not easy to be financially secure, physically
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The strange adventure of Dajia and Mirae involved a portfolio of 15 high-end hotels. RANJAN SAMARAKONE A Chinese company called Dajia agreed to sell 15 high-end American hotels to a Korean investment fund called Mirae for almost $6 billion. The contract deposit alone was half a billion dollars, under a contract signed a few months
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Economic Security Planning, Inc. Today’s column addresses questions about withdrawing an application for a retirement benefit, filing for and then suspending a retirement benefit and whether and when divorced spousal benefits might be available. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Nikola and Republic Services have terminated a partnership to jointly develop electric refuge trucks, sending shares of the embattled start-up down about 5% during pre-market trading Wednesday. Nikola said the decision was made after both companies “determined that the combination
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