BEIJING — Chinese mutual funds have been on a tear this year, a sign of changing investor behavior as the local capital markets mature. More than 1,100 new funds have launched this year, for a scale of issuance that’s topped 2.5 trillion yuan ($373.1 billion) as of Friday, the last trading day of October, according
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People wait in line at a food bank in Brooklyn, New York, on April 28, 2020. Spencer Platt | Getty Images News | Getty Images The end of a $600 weekly boost to unemployment benefits over the summer is rapidly pushing more households to the brink of financial ruin. The federal unemployment subsidy, enacted by
(COMBO) This combination of pictures created on October 22, 2020 shows US President Donald Trump (L) … [+] and Democratic Presidential candidate and former US Vice President Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on October 22, 2020. (Photos by Brendan Smialowski and JIM WATSON / AFP) (Photo by
Reduced daylight hours lead many to start experiencing seasonal affective disorder with the November … [+] time change. getty If you’re one of the estimated 10 million Americans who suffers from seasonal affective disorder, (also known, appropriately, as SAD), your symptoms might have kicked in hard this past weekend with the time change. For many
Fargo, North Dakota getty It’s election day. Last night, Trump supporters gathered at rallies in Kenosha and Grand Rapids. In my own hometown, Biden supporters gathered near the commuter train station to wave their signs at passing traffic. They’re enthusiastic, that’s for sure. But will their enthusiasm translate into participation in community organizations that require
RealClearPolitics associate editor and columnist A.B. Stoddard broke down why the Biden campaign “has Sun Belt confidence” in an election night interview on CNBC’s “The News with Shepard Smith.” “The Biden camp has confidence in Georgia because of what Stacey Abrams managed to achieve when she ran for governor in 2018, just losing by 55,000
At multiple points in the past few years, Mark Cuban said he was considering running for president in 2020. That never came to pass, and the tech billionaire and Dallas Mavericks owner is making no secret about who he wants to win on Election Day in 2020. Cuban has had no problem criticizing both President
Election officials count absentee ballots at a polling place located in the Town of Beloit fire station on November 03, 2020 near Beloit, Wisconsin. Scott Olson | Getty Images Stock futures rose on Tuesday night following a sharp rally during regular trading while investors awaited the result of the presidential election. Dow Jones Industrial Average
A President Donald Trump and a former Vice President Joe Biden supporter converse before the Joe Biden Campaign Rally at the National World War I Museum and Memorial on March 7, 2020 in Kansas City, Missouri. Kyle Rivas | Getty Images As Americans cast their votes on Election Day, millions are still waiting for financial
Close-up view on conceptual keyboard – Tax (blue key) getty Five years ago, the OECD released its final report on the base erosion and profit-shifting project. Tax Notes Talk host David D. Stewart chats with Deloitte’s Bob Stack, who represented the U.S. government at the OECD’s BEPS talks, about his thoughts on the project’s outcome and
Every real estate contract which gets signed is an emotional and financial investment in the future. … [+] A new home, a new family, a new marriage, a new life, a new start. getty They’re back! According to a recent Bloomberg News article, analysis of cell phone records indicates that more people moved TO New
The Medicare Plan Finder and Open Enrollment in 2020. 65 Incorporated Last fall, just in time for the 2019 Open Enrollment Period, the Centers for Medicare and Medicaid Services (CMS) introduced the new Medicare Plan Finder. The press releases almost made it sound like the greatest thing since sliced bread. However, once those who help Medicare beneficiaries
Cars sit in a dealership lot on the first day that dealerships are allowed to open to the public on May 20, 2020 in Linden, New Jersey. Spencer Platt | Getty Images The outcome of Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden is expected to have widespread impact on
Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Alibaba — Shares dropped more than 5% after Ant Group’s record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly
These days, start-up investor Alexis Ohanian is perhaps best known for being married to tennis legend Serena Williams. But Ohanian is also famous for co-founding Reddit. And just as famously — or infamously — he and his co-founders sold Reddit 14 years ago for what turned out to be pennies on the dollar compared to
A man walks to cast his ballot at an early voting center at the Omni Shoreham Hotel on October 27, 2020 in Washington, DC. Sarah Silbiger | Getty Images Don’t let Election Day anxiety drive your tax decisions. There are still plenty of chances to trim your 2020 tax bill — regardless of who wins
Democrats claim the Trump tax cut bill of 2017 was a giveaway to the “rich,” but this episode of What’s Ahead shows that it had the opposite impact on high-income earners. In 2018 the top 1% ended up paying $16 billion more in federal individual income taxes than they did in 2017, while 99% paid
“Escapology: Modern Cabins, Cottages and Retreats,” by interior design duo Colin McAllister and Justin Ryan features a photographed collection of retreats to inspire peaceful and quiet living. The Backcountry Hut Company for “Escapology” From a massive mountain lodge overlooking a tranquil lake to a contemporary treehouse nestled deep within a Nordic forest, some of us
By Nancy Collamer, Next Avenue Getty Between Covid-19, record-high unemployment numbers and the collapse of entire industry sectors, 2020 has been a miserable year for older workers. In fact, for the first time in nearly 50 years, older workers face higher unemployment than mid-career workers, according to The New School Retirement Equity Lab. And a
Fundstrat Global Advisors Tom Lee is calling for stocks to rally into year-end. It’s not dependent on any single election outcome. Rather, it takes into account three widely-talked about scenarios. Lee’s base case: Joe Biden wins with a blue wave due to his strength in the polls and betting markets. “That rally is roughly 10%,”