For millions of small businesses still struggling to make ends meet, today's the first day to apply for a new, potentially forgivable federal loan. The Paycheck Protection Program is re-opening Monday. But initially, it will only be available to businesses...
The stock market may have recovered from the first shocks of the pandemic, but Americans’ retirement savings might not be as lucky. A majority of Americans — 60% — withdrew or borrowed money from qualified retirement plans since COVID-19 first...
Knowing when and what you have to file can save you a lot of headaches at tax time. Knowing when and what you have to file can save you a lot of headaches at tax time. Mark your calendar with...
The Hazards of Asset Allocation in a Late-stage Major Bubble The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, I believe...
There will be "bumpy moments" for UK businesses and travellers as they get to grips with new EU rules, says government minister Michael Gove. He said there would be "practical and procedural changes" when the Brexit transition period ends on...
The US is giving its glitchy small-business loan program another go. Nearly a third of the new $900 billion Covid-19 aid package will go toward extending the Paycheck Protection Program, or PPP, designed to save jobs at small companies through...
Tesla is now more valuable than the combination of the world’s top seven traditional automakers, despite only delivering half a million cars this year. Why it matters: Anyone searching for evidence that the stock market and the real economy are...
After months and months of delay, Congress has passed a $900 billion stimulus package that promises to accelerate vaccine distribution and deliver much-needed aid to small businesses and Americans who have been struggling to get by. What's happening: The White...
Popular trading platform exposed investors to ‘unnecessary trading risks,’ complaint says Massachusetts securities regulators filed a complaint Wednesday against the wildly popular trading platform operated by Robinhood Financial LLC, alleging the company aggressively marketed to inexperienced investors and failed to...
Falling short financially in retirement is a major concern among working Americans, and often, it's an issue that comes into play for lower earners who don't have the means to max out an IRA or 401(k) plan year after year....
U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases. The Federal Reserve said Monday that consumer borrowing...
YouTube is filled with videos promising to teach you how to make big bucks trading stocks on your home computer. Matthew's videos tell you how to lose money. A real estate agent and amateur investor, Matthew, who prefers his last...
The feasibility of President-elect Joe Biden’s bold plan for sweeping tax increases on the wealthy has been vastly diminished in the absence of big Democratic wins in the U.S. House of Representatives and Senate. But don’t count out tax changes...
Social Security benefits are an important source of retirement income, but they can't be your sole source. That's because they aren't designed to replace enough of your pre-retirement income to maintain your standard of living. The rule of thumb is...
Fannie and Freddie’s regulator is reportedly considering an attempt to end government control over the mortgage giants before Joe Biden enters the White House Fannie Mae and Freddie Mac have been kept in conservatorship limbo for over a decade now....
