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Brett Arends's ROI: Working for yourself? Open your eyes to this great deal from the IRS
Sat, 06 Jun 2020 02:18:37 GMT
Solo 4(k)s and SEP-IRAs are freebies for self-employed savers
The Margin: Italian trader loses his ‘entire life savings’ on one insanely risky position
Sat, 06 Jun 2020 02:15:36 GMT
When Luckin Coffee shares, which were already down 9% for the year, were halted in April amid an investigation into financial misconduct, losses were felt far and wide. One investor with a PG-3 Reddit name took a particularly grievous hit.
Market Snapshot: Dow closes 800 points higher after jobs report shows surprise jump in payrolls, fall in unemployment rate
Sat, 06 Jun 2020 02:13:23 GMT
Stocks close sharply Friday after the U.S. May jobs report showed a surprise .5 million jump in payrolls and a drop in the unemployment rate to 3.3% as businesses began to reopen from the COVID-9 pandemic lockdowns.
Apple stock fully recovers from coronavirus decline, returns to record highs
Sat, 06 Jun 2020 02:11:23 GMT
Apple Inc. shares closed at a record high Friday in a sign of optimism for the smartphone industry’s ability to withstand the COVID-9 crisis.
Market Extra: The recovery is happening, right? Why $9 billion of student loan bonds just got downgraded
Sat, 06 Jun 2020 02:09:24 GMT
Ratings on billions worth of student loan bonds are being slashed by credit-rating firm Moody’s, which expects debt payoffs to be further derailed over the next 4 months.
Even the worst-case scenario for U.S. stocks doesn’t look bad
Sat, 06 Jun 2020 02:07:27 GMT
Fast rebounds in the stock market tend to be favorable for future prices.
Currencies: How the U.S. dollar’s ‘almost silent slide’ is juicing the stock-market rally
Sat, 06 Jun 2020 02:04:56 GMT
Investors might not have noticed amid all the excitement, but a stealthy slide by the U.S. dollar should get some of the credit for the stock market’s stunning rally.
These are the 154 store locations that J.C. Penney is about to close
Sat, 06 Jun 2020 02:02:34 GMT
J.C. Penney Co. Inc. said late Thursday it will be closing 54 stores in the near future as part of its “store optimization strategy” after filing for bankruptcy protection last month.
CityWatch: Anxiety overtakes excitement as New York City prepares to reopen on Monday
Sat, 06 Jun 2020 02:01:03 GMT
The next hurdle will be making sure the city can keep the spread of the disease under control as more activity resumes.
Trump Today: Trump claims that only ‘left wing’ policies will derail U.S. recovery as he celebrates return of jobs
Sat, 06 Jun 2020 01:59:23 GMT
President Donald Trump on Friday celebrated the return of .5 million jobs to the U.S. economy in May, and went on the attack against Democrats as surveys show him trailing behind Joe Biden among voters in key states.