Your bank account balance doesn’t have to stop you from being able to hire a financial planner. towfiqu ahamed | iStock | Getty Images There’s a big misconception that financial planning is only for the wealthy. The truth, however, is that financial planning is a path for anyone to actually gain wealth. The objective of
Month: October 2020
Mark Mobius, executive chairman of Templeton Emerging Markets Group, speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 17, 2017. Paul Morris | Bloomberg via Getty Images The S&P 500 is forming a “double top” going into the U.S. election, which is a worrying sign for investors, according to
House Ways and Means Committee ChairmanRep. Richard Neal, D-Mass., (left) and ranking member Kevin Brady, R-Texas. Chip Somodevilla | Getty Images News | Getty Images Bipartisanship is not what most of us would expect in a divisive election year. Yet that is what we saw when Democratic and Republican House members came together and introduced
The U.S. Capitol in Washington, D.C. Al Drago/Bloomberg via Getty Images A new bipartisan retirement bill has perks for seniors and savers shouldering student debt. The legislation, proposed by House lawmakers on Tuesday, would raise the age at which seniors must start drawing money from their 401(k) plans and individual retirement accounts to 75. Under
Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Tuesday reported that its quarterly revenue fell 8% as Burger King and Tim Hortons sales struggled to bounce back from the coronavirus
Co-director of the intensive care unit at CommonSpirit’s Dignity Health California Hospital Medical Center, Dr. Zafia Anklesaria, 35, who is seven months pregnant, attends to a COVID-19 patient in the hospital where she works, during the coronavirus disease (COVID-19) outbreak, in Los Angeles, California, U.S., May 18, 2020. Lucy Nicholson | Reuters The average number
Americans are experiencing three pandemics right now, according to wellness expert and best-selling author Deepak Chopra. The first is the Covid-19 pandemic and loss of life associated with the virus, he said. The second is the concurrent financial crisis hitting people across the country. “The third pandemic is anxiety and stress and fear of death,”
The Internal Revenue Service (IRS) headquarters in Washington, D.C. Janhvi Bhojwani | CNBC We still have two months left in 2020, but the IRS has already released a breakdown of next year’s marginal income tax rates. Each year, the taxman updates its individual income tax brackets to reflect inflation. There are seven brackets: 10%, 12%,
The Ant Group Co. logo is displayed at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — Ant Group will close its Hong Kong institutional book building process a day earlier than expected due to strong demand for its record initial public offering
A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images When movie theaters were asked to close this spring due to the coronavirus pandemic, many cinema operators were under the impression that their venues would be reopened by
Sharp enrollment declines due to the pandemic have taken a severe financial toll on many colleges and universities, and the impact may last for years to come. To that point, 67% of higher education leaders said decreased revenue from tuition and student housing are the biggest challenges they now face, according to a recent poll
SDI Productions | E+ | Getty Images Set aside your panic over post-election tax policy and focus on something you can control: your 2020 tax bill. It’s no secret that Democratic presidential candidate Joe Biden has an extensive list of tax proposals, including higher taxes on households with more than $400,000 in income and lowering
Does it matter for stocks who wins the White House? Is there anything unusual about the candidates this year that could impact the markets, regardless of who wins? For answers, we turn to Ed Clissold, chief U.S. Strategist for Ned Davis Research, who has studied elections and the impact on markets going back to 1900. This
Check out the companies making headlines midday Monday: Dunkin’ Brands — Shares of the restaurant chain spiked more than 15% after the company said it held preliminary talks regarding its potential acquisition by Inspire Brands, although the company said there’s “no certainty that any agreement will be reached.” The New York Times reported that the
Lordstown Motors Corp prototype of the electric vehicle start-up’s Endurance pickup truck, which it will begin building in the second half of 2021, is seen at the company’s plant in Lordstown, Ohio, U.S. June 25, 2020. Lordstown Motors | Reuters Shares of Lordstown Motors surged nearly 20% before cooling off in the company’s volatile trading
People wearing masks pass by portraits of Chinese President Xi Jinping and late Chinese chairman Mao Zedong as the country is hit by an outbreak of the novel coronavirus, on a street in Shanghai, China February 10, 2020. Aly Song | Reuters BEIJING — Chinese President Xi Jinping is about to deepen his mark on
A firefighter is silhouetted as Cameron Peak Fire, the largest wildfire in Colorado’s history, burns outside Drake, Colorado, U.S., October 17, 2020. Loveland Fire Rescue Authority | Reuters Wildfire season in Colorado would normally be nearing its end by now. Instead, dry conditions fueled what’s now become the state’s largest wildfire in history. The Cameron
filadendron Social media isn’t just for selfies and connecting with your coworkers and family anymore — it can also be a great place to learn about managing your money and even find a financial advisor. Platforms such as Facebook, Twitter, LinkedIn and Instagram have surged in popularity in the last decade as places to socialize
Source: Texas Instruments | Wikipedia Volatility has once again returned to Wall Street. Swinging between positive and negative territory in the previous five sessions, the market’s movements have largely been tied to updates on the ongoing stimulus talks. Working for months to pass additional stimulus measures, both sides of the aisle are making a last-ditch
Anchiy | E+ | Getty Images Parents everywhere are grappling with how to make the most of Halloween during the pandemic. The guidance from the Centers for Disease Control and Prevention asks families to take precautions if they trick-or-treat outdoors by carrying hand sanitizer, setting up stations with individually bagged treats and wearing cloth masks,
NYU otolaryngologist Dr. Erich Voigt tells us the one thing that he does to stop every single case of hiccups. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you
Venezuela’s oil industry was once the envy of the region, but after decades of mismanagement and corruption the sector is facing ruin. The FT’s Andean correspondent Gideon Long asks what went wrong. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community
Cocoa the dog with Sarah O’Brien the personal finance reporter Cameron O’Brien You might think that a person who covers personal finance would be naturally smart about money in her personal life. Er, no. Not at all. Grownup financial stuff? My mistakes have been plentiful. How long has this been going on? I’m closer to
A visitor at Intel’s Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours Thursday: Intel — Intel shares dropped 10% after the bell on the back of mixed results for the company’s fiscal third quarter. The chip maker
Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price soared more than 22% after hours on Tuesday as the company posted an unexpected,
Boston Beer shares soared over 18% to a new all-time high Friday, one day after the maker of Samuel Adams and Truly hard seltzer reported third-quarter earnings and raised guidance. The stock closed Friday’s session at $1,091 apiece, adding to its major run so far in 2020. Shares of Boston Beer are up almost 190%
Amid coronavirus and an economic crisis, saving for college may no longer be a priority — or even a necessity. With many families struggling to stay afloat, regular contributions to a 529 college savings plan could take a back seat to paying more pressing bills or daily expenses. At the same time, market volatility as
Choreograph | iStock | Getty Images For the nation’s older cohort, the stakes can’t be higher when it comes to choosing health-care coverage. That’s partly because under Medicare — you’re eligible at age 65 — changing plans can be challenging in some circumstances and costly if you get your choices wrong. So whether you’re giving
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors,
Aston Martin has come a long way since it was featured as James Bond’s weapon-laden sports car in the movie “Goldfinger.” It makes some of the world’s most envied and admired vehicles, but that isn’t helping it financially. Mounting losses, falling sales and the devastating impacts of the coronavirus, which has rocked the global economy
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