U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average declined 28 points. S&P 500 futures shed 0.11%, while Nasdaq 100 futures dipped 0.2%. During regular trading on Wednesday the
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Brothers91 | E+ | Getty Images President Joe Biden called for passing a new federal paid family and medical leave policy in his State of the Union Address Tuesday night. However, the timing of when such a law could be put in place is still up in the air. The policy is part of Democrats’
There are many similarities between being self-employed and being a small business owner. Both allow you to be your own boss, for one thing! But in the eyes of the IRS, your formal business classification can mean very different things when it comes to filing your taxes and reporting your business income. Here’s how to
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Fanatics Founder/Executive Chairman Michael Rubin attends Fanatics Super Bowl Party at College Football Hall of Fame on February 2, 2019 in Atlanta, Georgia. Mike Coppola | Getty Images Michael Rubin’s Fanatics raised $1.5 billion in a new funding round that values the sports platform company at $27 billion. The company was most recently valued at
In this article SNOW CEO of Snowflake Frank Slootman arrives at the Allen & Company Sun Valley Conference on July 6, 2021, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Snowflake shares dropped as much as 30% in extended trading on Wednesday after the data-analytics software company showed the slowest
In this article DKNG FSLR F CRM JWN Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whopping 39% after the company reported better-than-expected profits and sales for the holiday quarter. The
If you’re in the market for a new car, one of the biggest decisions you’ll need to make is whether to lease or buy. Though there are a number of factors to weigh when making your choice, Kevin O’Leary, O’Shares ETFs chairman and judge on CNBC’s “Money Court,” says the first thing you should consider
Getty Images If you’re one of the millions of Americans who gave to charity in 2021, you can still claim a write-off on this year’s tax return. There’s a deduction for cash gifts up to $300 for single filers and couples filing jointly may score up to $600, according to the IRS. And it’s easier
Nitat Termmee | Moment | Getty Images Americans who invest in mutual funds and exchange-traded funds have largely been insulated from financial exposure to Russia amid its conflict with Ukraine. The reasons are twofold: First, fund managers who buy Russian debt or Russian company stock generally do so in small quantities; second, funds that buy
In this article INTC U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Union address to a joint session of the U.S. Congress in the House of Representatives Chamber at the Capitol in
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Ryanair Group CEO Michael O’Leary delivers remarks during a press conference in Lux Lisboa Park Hotel. Horacio Villalobos | Corbis News | Getty Images The chief executive of budget airline Ryanair has said that the most effective way to target Russia amid its ongoing onslaught of Ukraine is to ramp up oil production in the
In this article JWN Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year in spite of ongoing supply chain
The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Russia’s invasion of Ukraine has focused heavily on negotiations. Beijing’s line has been to promote negotiations, as China tries to position itself further away from
Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images As Europe and the U.S. ratchet up sanctions on the yachts and mansions of Russia’s oligarch elite, some of Vladimir Putin’s ultra-wealthy inner circle have begun speaking out against
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 25% in premarket trading Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and
andresr | E+ | Getty Images A recently introduced bill in Congress has its sights set on preventing a cost that some new Medicare beneficiaries face: late-enrollment penalties. The bipartisan measure, introduced in the Senate, would require the federal government to provide individuals with information about Medicare enrollment rules before they reach the Medicare-eligible age
Kemal Yildirim | E+ | Getty Images You may unknowingly be subsidizing your colleagues’ 401(k) fees. The dynamic is a function of your 401(k) investments and how the retirement plan pays costs for administrative expenses, like those associated with trading and ongoing accounting of workers’ balances. Retirement savers (like the broader investment world) may be