In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading
admin
Morsa Images | E+ | Getty Images Despite a hotter-than-expected inflation report on Thursday, the annual interest rate for Series I bonds is expected to fall to roughly 6.48% in November, financial experts say. While that’s down from the current 9.62% interest through Oct. 31 and lower than the 7.12% rate offered from November 2021
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Updated Sept. 12, 2022 At the end of August 2022, President Biden revealed that borrowers could get up to $10,000 of their federal student loans forgiven. If you received a Pell Grant, a federal grant designed to provide student aid to those from low-income households, you could have up to $20,000 of your federal student
Geber86 | E+ | Getty Images As the U.S. economy attempts to find its footing as it emerges from the Covid-19 pandemic, two looming uncertainties have emerged: persistent high inflation and a possible recession. So it’s no surprise that financial advisors who landed on the CNBC FA 100 list for 2022 are hearing about those
In this article ACI KR Follow your favorite stocksCREATE FREE ACCOUNT Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had closed Thursday at $28.63 after surging on reports that a
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking slumped. However, Citi shares gained more than 2% as revenue climbed more than analysts expected, helped by rising interest rates, and earnings per share topped
In this article VSAT Follow your favorite stocksCREATE FREE ACCOUNT The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company Viasat’s $7.3 billion deal to buy British rival Inmarsat. The Competition and Markets Authority on Friday
Getty Images Workers may want to keep an eye on the balance in their health-care flexible spending account. Temporary rules under the 2020 Cares Act that allowed you to roll over unspent FSA funds from one year to the next or gave you longer to spend the money — if your company adopted the provisions
Click here for 7-free stocks: https://www.zacks.com/bull Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
On Thursday, the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for Social Security payments based on inflation over the previous year. This has brought renewed attention to how the tax code treats Social Security benefits, which can be a confusing subject for taxpayers. Each year, SSA adjusts Social Security benefits for inflation, much like
Delmaine Donson | E+ | Getty Images The U.S. Department of Education has said that its student loan forgiveness application will go live in “early October.” Yet it’s nearly halfway through the month, and borrowers still can’t apply. Still, the White House has shared new information on what people can expect from the form. Here’s
Social Security is funded mainly through FICA taxes on wages — currently 12.4 percent split evenly between employers and workers. In 2022, the tax was collected on the first $147,000 of wages. That amount will rise to $160,200 in 2023. The $13,200 jump in how much of workers’ wages will be taxed is large compared
Social Security, the monthly benefit paid to retirees, disabled people and survivors of beneficiaries, includes an annual cost of living increase that is announced every fall. It helps seniors try to keep pace with the price increases that touch every part of the economy. The adjustment for 2023, of 8.7 percent, was announced on Thursday.
Annual automatic cost-of-living adjustment for Social Security recipients Note: Between 1975 and 1982, beneficiaries received adjustments in July. After 1982, beneficiaries received them in January. Source: Social Security Administration By The New York Times The first automatic annual adjustment to Social Security benefits was paid in 1975, the result of legislation passed by Congress in
After an earlier announcement sent markets into a tailspin, the prime minister and the chancellor are under pressure to restore fiscal credibility. After days of confusion, Britain’s government said on Monday that the date for its next fiscal policy announcement would be moved up nearly a month and that it would provide, at the same
In the final week of its emergency bond-buying program, the central bank is expanding its efforts to restore bond market function. LONDON — The Bank of England stepped up its intervention in Britain’s bond market on Tuesday, the second expansion of its emergency measures in two days, as it warned of a “material risk” to
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous. British financial markets plunged into turmoil on Wednesday following mixed messages over whether the Bank of England would continue to provide support to pension funds and
The cost-of-living adjustment will be 8.7 percent next year, bringing relief to retirees and others who rely largely on the payments. Want to know more about the Social Security cost-of-living adjustment? Personal finance reporter Tara Siegel Bernard will answer some of your questions in the comments of this article. About 70 million Americans collecting Social
The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. The chief executive of Gannett, the largest newspaper publisher in the country, announced widespread cost-cutting to its newsrooms on Wednesday, citing headwinds from the “deteriorating macroeconomic environment.” In a memo to the staff, Mike Reed, the chief